RWO Stock Summary and Trading Ideas (SPDR Dow Jones Global Real Estate ETF | ARCA:RWO)

The SPDR Dow Jones Global Real Estate ETF seeks to replicate as closely as possible before expenses the price and yield performance of the Dow Jones Global Select Real Estate Securities Index(ticker: DWGRST) an index based upon the global real estate market. Our approach is designed to provide portfolios with low portfolio turnover accurate tracking and lower costs.

SPDR Dow Jones Global Real Estate ETF trades on the ARCA stock market under the symbol RWO.

As of April 26, 2024, RWO stock price climbed to $40.22 with 82,984 million shares trading.

RWO has a beta of 1.12, meaning it tends to be more sensitive to market movements. RWO has a correlation of 0.57 to the broad based SPY ETF.

RWO has a market cap of $1.14 billion. This is considered a Small Cap stock.

In the last 3 years, RWO stock traded as high as $56.85 and as low as $35.60.

RWO has underperformed the market in the last year with a price return of +3.0% while the SPY ETF gained +27.4%. RWO has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -3.9% and -1.4%, respectively, while the SPY returned +4.6% and -0.5%, respectively.

RWO support price is $39.79 and resistance is $40.63 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that RWO stock will trade within this expected range on the day.