SSgA SPDR (Netherlands) Buy Hold or Sell Recommendation
| SXLK Etf | 96.59 0.63 0.66% |
Assuming the 90 days trading horizon and your slightly conservative level of risk, our recommendation regarding SSgA SPDR ETFs is 'Not Rated'. Macroaxis provides SSgA SPDR buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding SXLK positions. The advice algorithm takes into account all of SSgA SPDR's available fundamental, technical, and predictive indicators you will find on this site.
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell SSgA SPDR ETFs given historical horizon and risk tolerance towards SSgA SPDR. When Macroaxis issues a 'buy' or 'sell' recommendation for SSgA SPDR ETFs, the advice is generated through an automated system that utilizes algorithms and statistical models.
SSgA |
Execute SSgA SPDR Buy or Sell Advice
The SSgA recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on SSgA SPDR ETFs. Macroaxis does not own or have any residual interests in SSgA SPDR ETFs or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute SSgA SPDR's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Out of control | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Economic Sensitivity | Barely shadows the market | Details |
SSgA SPDR Trading Alerts and Improvement Suggestions
| SSgA SPDR ETFs generated a negative expected return over the last 90 days |
SSgA SPDR Returns Distribution Density
The distribution of SSgA SPDR's historical returns is an attempt to chart the uncertainty of SSgA SPDR's future price movements. The chart of the probability distribution of SSgA SPDR daily returns describes the distribution of returns around its average expected value. We use SSgA SPDR ETFs price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of SSgA SPDR returns is essential to provide solid investment advice for SSgA SPDR.
| Mean Return | -0.0092 | Value At Risk | -2.04 | Potential Upside | 1.56 | Standard Deviation | 1.10 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of SSgA SPDR 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.
SSgA SPDR 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 SSgA SPDR or SSgA 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 SSgA SPDR'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 SSgA 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 | -0.02 | |
β | Beta against NYSE Composite | 0.07 | |
σ | Overall volatility | 1.10 | |
Ir | Information ratio | -0.09 |
SSgA SPDR Volatility Alert
SSgA SPDR ETFs exhibits very low volatility with skewness of 0.2 and kurtosis of 0.94. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure SSgA SPDR'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 SSgA SPDR'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.SSgA SPDR Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as SSgA . 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.
Use Investing Ideas to Build Portfolios
In addition to having SSgA SPDR 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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Obamacare Repeal
Healthcare and drug manufacturing companies that will most likely be affected by the final stages of Obamacare repeal. The Obamacare Repeal theme has 56 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 Repeal Theme or any other thematic opportunities.
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Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.