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Asset Summary

Daily Performance Report for SBUX ETF: Dec 24, 2024

Summary: The day started with SBUX ETF opening at $87.4 and closing at $89.91. The ETF showed resilience throughout the day, with the highest price observed at $90 and the lowest at $87.17. The underlying asset had a trading range of $2.83 Overall, it was a positive trading day for SBUX ETF, reflecting investor optimism and market activity.

Change in Closing Price: There was a net increase of $2.51 or 2.87% in the closing price from the opening to the closing price over the day.

Volume Analysis: Trading volume for SBUX ETF was 5,346,911 units during Dec 24, 2024, indicating active market participation and investor interest.

Opening Price: The day started at $87.4.

Highest Price: The highest price observed during the day was $90.

Lowest Price: The lowest price observed during the day was $87.17.

Closing Price: The day ended at $89.91.

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.

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Frequently Asked Questions

Yes, Starbucks Corporation is publicly traded on the NASDAQ under the ticker symbol SBUX.

Starbucks focuses on creating a welcoming atmosphere and personalizing service to enhance customer satisfaction.

Starbucks seeks to expand in both established and emerging markets by adapting to local tastes and preferences.

Starbucks offers a range of healthier options, including plant-based products and nutritional information for customers.

Main products include a variety of coffee beverages, teas, pastries, and snacks.

Starbucks has partnered with companies like PepsiCo for ready-to-drink beverages and Nestlé for coffee products.

Starbucks operates in over 80 countries, with a significant presence in North America, Europe, and Asia.

Future challenges include increased competition, changing consumer preferences, and global economic fluctuations.

Starbucks provides comprehensive benefits, training programs, and opportunities for career advancement.

Starbucks is committed to sustainable sourcing, waste reduction, and community engagement.

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