Spectrum Advisors Preferred Fund Buy Hold or Sell Recommendation
| SAPEX Fund | USD 16.46 0.09 0.55% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Spectrum Advisors Preferred is 'Strong Hold'. Macroaxis provides Spectrum Advisors buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding SAPEX positions. The advice algorithm takes into account all of Spectrum Advisors' available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Spectrum Advisors' buy or sell advice are summarized below:
Real Value 16.57 | Hype Value 16.45 | Market Value 16.46 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Spectrum Advisors Preferred given historical horizon and risk tolerance towards Spectrum Advisors. When Macroaxis issues a 'buy' or 'sell' recommendation for Spectrum Advisors Preferred, the advice is generated through an automated system that utilizes algorithms and statistical models.
Spectrum |
Execute Spectrum Advisors Buy or Sell Advice
The Spectrum recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Spectrum Advisors Preferred. Macroaxis does not own or have any residual interests in Spectrum Advisors Preferred or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Spectrum Advisors' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Responds to the market | Details | |
Analyst Consensus | Not Available | Details |
Spectrum Advisors Trading Alerts and Improvement Suggestions
| Spectrum Advisors generated a negative expected return over the last 90 days | |
| The fund generated three year return of -10.0% | |
| Spectrum Advisors maintains about 48.9% of its assets in cash |
Spectrum Advisors Returns Distribution Density
The distribution of Spectrum Advisors' historical returns is an attempt to chart the uncertainty of Spectrum Advisors' future price movements. The chart of the probability distribution of Spectrum Advisors daily returns describes the distribution of returns around its average expected value. We use Spectrum Advisors Preferred price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Spectrum Advisors returns is essential to provide solid investment advice for Spectrum Advisors.
| Mean Return | -0.03 | Value At Risk | -1.58 | Potential Upside | 1.22 | Standard Deviation | 0.92 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Spectrum Advisors 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.
Spectrum Advisors 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 Spectrum Advisors or Advisors Preferred 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 Spectrum Advisors' price will be affected by overall mutual fund 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 Spectrum fund'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 | -0.13 | |
β | Beta against NYSE Composite | 1.23 | |
σ | Overall volatility | 0.94 | |
Ir | Information ratio | -0.12 |
Spectrum Advisors Volatility Alert
Spectrum Advisors Preferred exhibits very low volatility with skewness of -0.61 and kurtosis of 0.86. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Spectrum Advisors' mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Spectrum Advisors' mutual fund 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.Spectrum Advisors Fundamentals Vs Peers
Comparing Spectrum Advisors' 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 Spectrum Advisors' direct or indirect competition across all of the common fundamentals between Spectrum Advisors and the related equities. This way, we can detect undervalued stocks with similar characteristics as Spectrum Advisors or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Spectrum Advisors' fundamental indicators could also be used in its relative valuation, which is a method of valuing Spectrum Advisors by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Spectrum Advisors to competition |
| Fundamentals | Spectrum Advisors | Peer Average |
| Annual Yield | 0.01 % | 0.29 % |
| Year To Date Return | 0.40 % | 0.39 % |
| One Year Return | 6.90 % | 4.15 % |
| Three Year Return | (10.30) % | 3.60 % |
| Five Year Return | 2.77 % | 3.24 % |
| Net Asset | 7.51 M | 4.11 B |
| Minimum Initial Investment | 1 K | 976.16 K |
| Last Dividend Paid | 0.25 | 0.65 |
| Cash Position Weight | 48.90 % | 10.61 % |
| Equity Positions Weight | 0.50 % | 63.90 % |
| Bond Positions Weight | 16.37 % | 11.24 % |
Spectrum Advisors Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Spectrum . 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.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 16.46 | |||
| Day Typical Price | 16.46 | |||
| Price Action Indicator | 0.045 | |||
| Period Momentum Indicator | 0.09 | |||
| Relative Strength Index | 53.37 |
About Spectrum Advisors Buy or Sell Advice
When is the right time to buy or sell Spectrum Advisors Preferred? Buying financial instruments such as Spectrum Mutual Fund 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 Spectrum Advisors 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?
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Municipals ETFs
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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 Municipals ETFs Theme or any other thematic opportunities.
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Check out Spectrum Advisors 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. Note that the Spectrum Advisors information on this page should be used as a complementary analysis to other Spectrum Advisors' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.