SPEUP Index Buy Hold or Sell Recommendation

Name: SP EUROPE: Hold
Start: 2023-03-23
End: 2023-03-23
Location: SP EUROPE 350

Summary

SPEUP Index

1,808 4.36 0.24%

Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding SP EUROPE 350 is 'Hold'. Macroaxis provides SP EUROPE buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding SPEUP positions. The advice algorithm takes into account all of SP EUROPE's available fundamental, technical, and predictive indicators you will find on this site.

The advice is provided from SP EUROPE's buy-and-hold perspective. Check out World Market Map.

Execute SP EUROPE Buy or Sell Advice

The SPEUP recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on SP EUROPE 350. Macroaxis does not own or have any residual interests in SP EUROPE 350 or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute SP EUROPE's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice

Hold

Economic Sensitivity

Insignificant

Details

For the selected time horizon SP EUROPE 350 has a Risk Adjusted Performance of 0.0222, Total Risk Alpha of 0.0214 and Sortino Ratio of 0.0206

SP EUROPE Returns Distribution Density

The distribution of SP EUROPE's historical returns is an attempt to chart the uncertainty of SP EUROPE's future price movements. The chart of the probability distribution of SP EUROPE stock daily returns describes the distribution of returns around its average expected value. We use SP EUROPE 350 price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of SP EUROPE returns is essential to provide solid investment advice for SP EUROPE.

Mean Return	0.0212	Value At Risk	-1.74
Potential Upside	1.52	Standard Deviation	0.99

Return Density

Distribution

Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of SP EUROPE 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.

Backtest SP EUROPE 350

SP EUROPE 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 SP EUROPE or SP EUROPE 350 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 SP EUROPE's price will be affected by overall index 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 SPEUP index'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	0.00	Details
β	Beta against NYSE Composite	0.00	Details
σ	Overall volatility	1.00	Details
Ir	Information ratio	0.0226	Details

SP EUROPE Volatility Alert

SP EUROPE 350 has relatively low volatility with skewness of -0.28 and kurtosis of 2.07. However, we advise all investors to independently investigate SP EUROPE 350 to ensure all accessible information is consistent with the expectations about its upside potential and future expected returns. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure SP EUROPE's index risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact SP EUROPE's index price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

SP EUROPE Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as SPEUP . 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.

	Accumulation Distribution	0.0099
	Daily Balance Of Power	(0.24)
	Rate Of Daily Change	1.0
	Day Median Price	1802.63
	Day Typical Price	1804.39
	Market Facilitation Index	17.96
	Price Action Indicator	3.11

Use Investing Ideas to Build Portfolios

In addition to having SP EUROPE 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 Obamacare Thematic Idea Now

Obamacare

Health care services and providers including hospitals, clinics and nursing homes that hope to benefit from Obamacare program. The Obamacare theme has 37 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 Obamacare Theme or any other thematic opportunities.

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Launch

Check out World Market Map. You can also try Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

Complementary Tools for analysis

When running SP EUROPE 350 price analysis, check to measure SP EUROPE'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 SP EUROPE is operating at the current time. Most of SP EUROPE's value examination focuses on studying past and present price action to predict the probability of SP EUROPE's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move SP EUROPE's price. Additionally, you may evaluate how the addition of SP EUROPE to your portfolios can decrease your overall portfolio volatility.

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