SPDR SP (Switzerland) Buy Hold or Sell Recommendation
PADV Etf | USD 40.32 0.23 0.57% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding SPDR SP Pan is 'Strong Sell'. Macroaxis provides SPDR SP buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding SPDR SP positions. The advice algorithm takes into account all of SPDR SP's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting SPDR SP's buy or sell advice are summarized below:
Real Value 36.76 | Hype Value 40.32 | Market Value 40.32 | Naive Value 41.01 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell SPDR SP Pan given historical horizon and risk tolerance towards SPDR SP. When Macroaxis issues a 'buy' or 'sell' recommendation for SPDR SP Pan, the advice is generated through an automated system that utilizes algorithms and statistical models.
SPDR |
Execute SPDR SP Buy or Sell Advice
The SPDR recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on SPDR SP Pan. Macroaxis does not own or have any residual interests in SPDR SP Pan or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute SPDR SP's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
Strong Sell
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost neglects market trends | Details | |
Analyst Consensus | Not Available | Details |
SPDR SP Trading Alerts and Improvement Suggestions
SPDR SP Returns Distribution Density
The distribution of SPDR SP's historical returns is an attempt to chart the uncertainty of SPDR SP's future price movements. The chart of the probability distribution of SPDR SP daily returns describes the distribution of returns around its average expected value. We use SPDR SP Pan price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of SPDR SP returns is essential to provide solid investment advice for SPDR SP.
Mean Return | 0.12 | Value At Risk | -0.76 | Potential Upside | 1.29 | Standard Deviation | 0.69 |
Return Density |
Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of SPDR SP historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
SPDR SP Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to SPDR SP or State Street Global Advisors sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that SPDR SP's price will be affected by overall etf market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a SPDR etf's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.15 | |
β | Beta against NYSE Composite | -0.33 | |
σ | Overall volatility | 0.72 | |
Ir | Information ratio | -0.03 |
SPDR SP Volatility Alert
SPDR SP Pan exhibits relatively low volatility with skewness of 0.5 and kurtosis of 1.88. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure SPDR SP's etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact SPDR SP's etf price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.SPDR SP Fundamentals Vs Peers
Comparing SPDR SP's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze SPDR SP's direct or indirect competition across all of the common fundamentals between SPDR SP and the related equities. This way, we can detect undervalued stocks with similar characteristics as SPDR SP or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of SPDR SP's fundamental indicators could also be used in its relative valuation, which is a method of valuing SPDR SP by comparing valuation metrics with those of similar companies.
Better Than Average | Worse Than Average | Compare SPDR SP to competition |
Fundamentals | SPDR SP | Peer Average |
One Year Return | 0.18 % | (0.97) % |
Three Year Return | 7.91 % | 3.23 % |
Five Year Return | 4.52 % | 1.12 % |
Net Asset | 161.22 M | 2.29 B |
Equity Positions Weight | 98.94 % | 52.82 % |
SPDR SP Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as SPDR . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About SPDR SP Buy or Sell Advice
When is the right time to buy or sell SPDR SP Pan? Buying financial instruments such as SPDR Etf isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having SPDR SP in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Plastics Thematic Idea Now
Plastics
Companies manufacturing rubber and plastics accessories. The Plastics theme has 48 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Plastics Theme or any other thematic opportunities.
View All Next | Launch |
Check out SPDR SP Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Complementary Tools for SPDR Etf analysis
When running SPDR SP's price analysis, check to measure SPDR SP's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SPDR SP is operating at the current time. Most of SPDR SP's value examination focuses on studying past and present price action to predict the probability of SPDR SP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SPDR SP's price. Additionally, you may evaluate how the addition of SPDR SP to your portfolios can decrease your overall portfolio volatility.
Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
Bonds Directory Find actively traded corporate debentures issued by US companies | |
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios |