Share on :

Asset Summary

Daily Performance Report for SPG ETF: Dec 9, 2024

Summary: The day started with SPG ETF opening at $183.72 and closing at $182.11. The ETF showed weakness throughout the day, with the highest price observed at $183.72 and the lowest at $180.29. The underlying asset had a trading range of $3.43 Overall, it was a negative trading day for SPG ETF, reflecting investor pessimism and market activity.

Change in Closing Price: There was a net decrease of $-1.61 or -0.88% in the closing price from the opening to the closing price over the day.

Volume Analysis: Trading volume for SPG ETF was 1,516,734 units during Dec 9, 2024, indicating active market participation and investor interest.

Opening Price: The day started at $183.72.

Highest Price: The highest price observed during the day was $183.72.

Lowest Price: The lowest price observed during the day was $180.29.

Closing Price: The day ended at $182.11.

Asset Performance Metrics and Risk Characteristics:

Understanding asset performance is crucial for evaluating investment quality and making informed decisions. Metrics like trailing return and drawdown provide insights into how an asset has performed over time, its volatility, and the efficiency of its returns relative to risk. Performance indicators help assess the stability, risk, and reward of an investment, allowing investors and portfolio managers to make comparisons and strategize accordingly.

Asset Technical Analysis

Technical analysis involves evaluating an asset's price and volume data to forecast future movements and make informed trading decisions. By using various technical indicators and chart patterns, investors can gain insights into market trends, price momentum, and potential turning points. This section delves into essential technical metrics, including moving averages, pivot points, and other indicators that provide a snapshot of an asset's current technical stance. Analyzing these indicators helps investors identify entry and exit points, assess market sentiment, and refine their trading strategies. Explore the following technical analysis data to understand the asset's performance dynamics and make better-informed decisions.

Moving Averages

Moving Averages are commonly used to smooth out price data and identify trends over a specific period. Here’s a summary of the latest moving averages for various periods:

  • SMA (Simple Moving Average): Reflects the average price over a specific number of periods.
  • EMA (Exponential Moving Average): Gives more weight to recent prices, making it more responsive to new information.
  • WMA (Weighted Moving Average): Assigns a weight to each price, emphasizing more recent prices.
  • WEMA (Weighted Exponential Moving Average): Combines elements of both WMA and EMA for a more responsive moving average.

Unlock Your SPG Trading Now

Discover unparalleled trading insights with RankMyTrade Platform. Our automated system offers advanced analysis and technical indicators for SPG, aimed at optimizing your trading decisions. Elevate your trading approach instantly and get ahead in the market now!

Maximize Results Now

Frequently Asked Questions

Simon Property Group was founded in 1960.

The company is committed to sustainable practices, including energy-efficient building operations and waste reduction programs.

Main competitors include Brookfield Property Partners, Taubman Centers, and General Growth Properties.

Yes, Simon Property Group is publicly traded on the New York Stock Exchange under the ticker symbol SPG.

The company focuses on acquisitions, development of new properties, and enhancing the value of existing assets.

As of now, Simon Property Group owns over 200 properties, including shopping malls and outlet centers across the U.S. and internationally.

Simon Property Group aims to be a leader in retail real estate by innovating and adapting to changing market dynamics.

Simon Property Group has a history of paying quarterly dividends, reflecting its commitment to returning value to shareholders.

The company generates revenue primarily through leasing retail space to tenants and collecting management fees.

Simon Property Group provides marketing support, strategic advice, and property management services to its tenants.

Transform Your SPG Trading Now

Maximize your trading efficiency with RankMyTrade. Our advanced trading system provides detailed insights and actionable strategies for SPG. Don’t wait—Boost your investment success with us and see how our platform can help you achieve your trading goals!

Disclaimers

The information displayed on this site is sourced from third-party providers and is believed to be reliable. RankMyTrade (RMT) has not independently verified this data and does not guarantee its accuracy. The information and calculations provided by RankMyTrade are for educational and informational purposes only and should not be construed as financial or investment advice.

With any investment, your capital is at risk. The value of your portfolio go down as well as up. Past performance is no guarantee of future results. By using this website, you accept our Terms of Service, Privacy Policy, and Payment Agreement.

Market data is provided in near real-time when available, but we do not guarantee its accuracy or timeliness.

Securities products are: Not FDIC insured · Not bank guaranteed · May lose value

Trademarks and logos are the property of their respective owners and do not represent endorsements of any kind. Unless otherwise noted, RankMyTrade and its affiliates are not partners, affiliates, or licensees of these companies.

Supported Assets & ETFs