Spdr Kensho New Etf Price on February 23, 2024
| KOMP Etf | USD 47.85 0.16 0.33% |
Below is the normalized historical share price chart for SPDR Kensho New extending back to October 23, 2018. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of SPDR Kensho stands at 47.85, as last reported on the 21st of May, with the highest price reaching 47.85 and the lowest price hitting 47.85 during the day.
If you're considering investing in SPDR Etf, it is important to understand the factors that can impact its price. We consider SPDR Kensho very steady. SPDR Kensho New owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0947, which indicates the etf had a 0.0947% return per unit of volatility over the last 3 months. We have found twenty-seven technical indicators for SPDR Kensho New, which you can use to evaluate the volatility of the etf. Please validate SPDR Kensho's coefficient of variation of 2092.51, and Risk Adjusted Performance of 0.0322 to confirm if the risk estimate we provide is consistent with the expected return of 0.1%.
SPDR Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 25.21 | 200 Day MA 43.4907 | 1 y Volatility 28.96 | 50 Day MA 46.2504 | Inception Date 2018-10-19 |
SPDR |
Sharpe Ratio = 0.0947
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| Cash | KOMP | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.1 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average SPDR Kensho is performing at about 7% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of SPDR Kensho by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 12.2 K |
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SPDR Kensho Valuation on February 23, 2024
It is possible to determine the worth of SPDR Kensho on a given historical date. On February 23, 2024 SPDR was worth 45.62 at the beginning of the trading date compared to the closed value of 45.47. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SPDR Kensho etf. Still, in general, we apply an absolute valuation method to find SPDR Kensho's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of SPDR Kensho where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SPDR Kensho's related companies.
| Open | High | Low | Close | Volume | |
| 45.61 | 45.81 | 45.48 | 45.60 | 69,487 | |
02/23/2024 | 45.62 | 45.83 | 45.32 | 45.47 | 145,685 |
| 45.62 | 46.48 | 45.62 | 46.29 | 171,017 |
| Backtest SPDR Kensho | | | SPDR Kensho History | | | SPDR Kensho Valuation | Previous | Next |
SPDR Kensho Trading Date Momentum on February 23, 2024
| On February 26 2024 SPDR Kensho New was traded for 46.29 at the closing time. The top price for the day was 46.48 and the lowest listed price was 45.62 . The trading volume for the day was 171 K. The trading history from February 26, 2024 was a factor to the next trading day price gain. The trading delta at closing time against the next closing price was 1.80% . The trading price change against the current closing price is 3.69% . |
SPDR Kensho New Fundamentals Correlations and Trends
By evaluating SPDR Kensho's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among SPDR Kensho's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. SPDR financial account trend analysis is a perfect complement when working with valuation or volatility modules.About SPDR Kensho Etf history
SPDR Kensho investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for SPDR is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SPDR Kensho New will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing SPDR Kensho stock prices may prove useful in developing a viable investing in SPDR Kensho
Under normal market conditions, the fund generally invests substantially all, but at least 80, of its total assets in the securities comprising the index. SPDR Kensho is traded on NYSEARCA Exchange in the United States.
SPDR Kensho Etf Technical Analysis
SPDR Kensho technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
SPDR Kensho Period Price Range
Low | February 23, 2024
| High |
45.62 | 45.47 |
SPDR Kensho May 21, 2024 Market Strength
Market strength indicators help investors to evaluate how SPDR Kensho etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SPDR Kensho shares will generate the highest return on investment. By undertsting and applying SPDR Kensho etf market strength indicators, traders can identify SPDR Kensho New entry and exit signals to maximize returns
| Accumulation Distribution | 1621.19 | |||
| Daily Balance Of Power | (0.29) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 45.58 | |||
| Day Typical Price | 45.54 | |||
| Price Action Indicator | (0.18) | |||
| Period Momentum Indicator | 2.38 |
SPDR Kensho Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SPDR Kensho's price direction in advance. Along with the technical and fundamental analysis of SPDR Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of SPDR to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0322 | |||
| Jensen Alpha | 0.027 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.1834 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in SPDR Kensho New. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
The market value of SPDR Kensho New is measured differently than its book value, which is the value of SPDR that is recorded on the company's balance sheet. Investors also form their own opinion of SPDR Kensho's value that differs from its market value or its book value, called intrinsic value, which is SPDR Kensho's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SPDR Kensho's market value can be influenced by many factors that don't directly affect SPDR Kensho's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SPDR Kensho's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Kensho is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Kensho's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.