SPDR SP Buy Hold or Sell Recommendation

SPY -- USA Etf  

USD 291.99  0.97  0.33%

Considering 30-days investment horizon, and your above average risk tolerance our recommendation regarding SPDR SP 500 ETF is 'Strong Hold'. 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 500 available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from SPDR SP buy-and-hold prospective. Also please take a look at SPDR SP Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for muliple equity instruments please use Instant Ratings tool.

Time Horizon

Risk Tolerance

Symbol
Execute Advice
Sell SPDR SPBuy SPDR SP
Strong Hold

Volatility

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Not Available
For the selected time horizon SPDR SP 500 ETF has a risk adjusted performance of 0.0878, jensen alpha of 0.0099, total risk alpha of 0.07, sortino ratio of 0.19 and treynor ratio of 0.172
Macroaxis provides recommendation on SPDR SP 500 to complement and cross-verify current analyst consensus on SPDR SP 500 ETF. Our buy or sell recommendation engine determines the organization potential to grow exclusively from the prospective of investors current risk tolerance and investing horizon. Use SPDR SP Total Asset as well as the relationship between Five Year Return and Last Dividend Paid to make sure your buy or sell decision on SPDR SP 500 is adequate.

SPDR SP Thematic Classifications

Investor Favorites IdeaInvestor Favorites
Equities most commonly found in portfolios of money managers

SPDR SP Returns Distribution Density

Mean Return0.08Value At Risk0.53
Potential Upside0.81Standard Deviation0.45
 Return Density 
      Distribution 

Institutional Investors

Security TypeSharesValue
Jpmorgan Chase CoFund Units106 M28.8 B
Parallax Volatility Advisers LpCall Options61.5 M16.7 B
Citadel Advisors LlcPut Options57 M15.5 B

SPDR SP Greeks

α
Alpha over DOW
=0.009889
β
Beta against DOW=0.43
σ
Overall volatility
=0.39
Ir
Information ratio =0.17

SPDR SP Volatility Alert

SPDR SP 500 ETF exhibits very low volatility with skewness of 0.85 and kurtosis of 0.75. However, we advise investors to further study SPDR SP 500 ETF technical indicators to make sure all market info is available and is reliable.
    
 Better Than Average     
    
 Worse Than Average Compare SPDR SP to competition

SPDR SP Fundamental Vs Peers

FundamentalsSPDR SPPeer Average
Price to Earning18.50 times8.24 times
Price to Book2.75 times0.97 times
Price to Sales1.93 times0.72 times
One Year Return19.49 % (1.25) %
Three Year Return15.98 % 2.26 %
Five Year Return14.39 % 0.20 %
Ten Year Return10.74 % 0.29 %
Net Asset274.95 B888.73 M
Last Dividend Paid1.2350.03
Equity Positions Weight99.77 % 49.22 %

SPDR SP Alerts

Trading Alerts and Improvement Suggestions

The fund maintains 99.77% of its assets in stocks
Also please take a look at SPDR SP Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for muliple equity instruments please use Instant Ratings tool. Please also try Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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