(SPPW) SPDR MSCI World EUR - Ratings and Ratios

The SPDR® MSCI World UCITS ETF EUR (XETRA:SPPW) is a German-listed exchange-traded fund designed to track the performance of the Morningstar Global TME NR USD index. This ETF provides exposure to large-cap equities across global markets, blending value and growth investment styles. It is managed by State Street Global Advisors and is part of the SPDR ETF family, known for its transparency and liquidity.

From a technical perspective, the ETF currently trades at 34.10 EUR, with a 20-day average volume of 158,340 shares. Its short-term trend, indicated by the SMA 20, stands at 33.25, while the SMA 50 and SMA 200 are at 35.57 and 36.28, respectively. The Average True Range (ATR) of 0.92 reflects moderate volatility, suggesting price fluctuations within a narrow range over the past 20 days.

Fundamentally, the ETF manages assets under management (AUM) of 1,960.78 million EUR, indicating a well-established and liquid investment vehicle. Its exposure to global large-cap equities positions it as a core holding for investors seeking diversified geographic and sector exposure.

Looking ahead, over the next three months, the ETFs price is expected to remain range-bound between 33.18 and 34.02 EUR, based on its current ATR and moving averages. This forecast assumes no significant shifts in global macroeconomic conditions. However, geopolitical risks, central bank policies, and corporate earnings could influence deviations from this range.