Short Duration Buy or Sell Recommendation

Macroaxis provides Short Duration TR Tactical ETF SPDR buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Short Duration positions. The advice algorithm takes into account all of Short Duration TR Tactical ETF SPDR available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from Short Duration buy-and-hold prospective. Also please take a look at Short Duration Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with current analyst consensus

Time Horizon

Risk Tolerance

Symbol
Execute Advice
Short Duration TR Tactical ETF SPDR -- USA Etf  

USD 49.31  0.02  0.0405%

Given the investment horizon of 30 days, and your above average risk tolerance our recommendation regarding Short Duration TR Tactical ETF SPDR is 'Strong Buy'.
For the selected time horizon Short Duration TR Tactical ETF SPDR has a risk adjusted performance of (0.087078), jensen alpha of (0.020134), total risk alpha of (0.081571), sortino ratio of 0.0 and treynor ratio of 6.77
Macroaxis buy or sell recommendation tool can be used to complement Short Duration TR advice provided by experts. It analyzes the organization potential to grow against your specific risk preferences and investment horizon. Please validate Short Duration Total Asset to decide if your Short Duration buy or sell deciscion is justified.

Returns Distribution Density

Mean Return0.01Value At Risk0.12
Potential Upside0.1Standard Deviation0.093258
 Return Density 
      Distribution 

Short Duration Greeks

α
Alpha over DOW
=0.02
β
Beta against DOW=0.0031
σ
Overall volatility
=0.0705
Ir
Information ratio =3.23

Short Duration Volatility Alert

Short Duration TR Tactical ETF SPDR exhibits very low volatility with skewness of -1.21 and kurtosis of 2.04. However, we advise investors to further study Short Duration TR Tactical ETF SPDR technical indicators to make sure all market info is available and is reliable.
    
 Better Than Average     
    
 Worse Than Average Compare Short Duration to competition
FundamentalsShort DurationPeer Average
One Year Return1.71 % (1.25) %
Net Asset44.34 M888.73 M
Bond Positions Weight85.35 % 8.08 %
SellBuy
Strong Buy

Volatility

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable

Piotroski F Score

Financial Leverage

Inapplicable
Risk Adjusted Performance(0.087078)
Market Risk Adjusted Performance6.78
Mean Deviation0.0701
Coefficient Of Variation(847.67)
Standard Deviation0.0933
Variance0.0087
Information Ratio(3.23)
Jensen Alpha(0.020134)
Total Risk Alpha(0.081571)
Treynor Ratio6.77
Maximum Drawdown0.2832
Value At Risk(0.12)
Potential Upside0.1014
Skewness(1.21)
Kurtosis2.04