Spinnaker Etf Buy Hold or Sell Recommendation

TWIO Etf  USD 9.32  0.07  0.76%   
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Spinnaker ETF Series is 'Strong Hold'. Macroaxis provides Spinnaker ETF buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding TWIO positions. The advice algorithm takes into account all of Spinnaker ETF's available fundamental, technical, and predictive indicators you will find on this site.
  
The advice is provided from Spinnaker ETF's buy-and-hold perspective. Additionally, take a look at Spinnaker ETF 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. We conduct extensive research on individual funds such as Spinnaker and provide practical buy, sell, or hold recommendation based on selected investing horizon and risk tolerance towards Spinnaker ETF Series.

Execute Spinnaker ETF Buy or Sell Advice

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

Time Horizon

Risk Tolerance

Execute Advice
Sell Spinnaker ETFBuy Spinnaker ETF
Strong Hold

Volatility

Details

Hype Condition

Details

Current Valuation

Details

Odds of Distress

Details

Economic Sensitivity

Details

Analyst Consensus

Not Available
Details
For the selected time horizon Spinnaker ETF Series has a Risk Adjusted Performance of 0.2245, Jensen Alpha of 0.0877, Total Risk Alpha of 0.0409, Sortino Ratio of (0.022362) and Treynor Ratio of 0.427
We provide advice to complement the current expert consensus on Spinnaker ETF. Our dynamic recommendation engine harnesses a multidimensional algorithm to analyze the entity's potential to grow using all technical and fundamental data available at the time. Please validate Spinnaker ETF one year return to decide if your Spinnaker ETF buy or sell deciscion is justified.

Spinnaker ETF Returns Distribution Density

The distribution of Spinnaker ETF's historical returns is an attempt to chart the uncertainty of Spinnaker ETF's future price movements. The chart of the probability distribution of Spinnaker ETF stock daily returns describes the distribution of returns around its average expected value. We use Spinnaker ETF Series price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Spinnaker ETF returns is essential to provide solid investment advice for Spinnaker ETF.
Mean Return0.14Value At Risk-1.04
Potential Upside1.37Standard Deviation0.70
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Spinnaker ETF 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.

Spinnaker ETF 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 Spinnaker ETF or Nottingham 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 Spinnaker ETF'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 Spinnaker 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
0.09
β
Beta against NYSE Composite0.32
σ
Overall volatility
0.69
Ir
Information ratio -0.02

Spinnaker ETF Volatility Alert

Spinnaker ETF Series exhibits relatively low volatility with skewness of 0.43 and kurtosis of 0.64. However, we advice investors to further investigate Spinnaker ETF Series to ensure all market statistics is disseminated and is consistent with investors' estimations about Spinnaker ETF upside potential. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Spinnaker ETF'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 Spinnaker ETF'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 stocks as prices fall.

Spinnaker ETF Fundamentals Vs Peers

Comparing Spinnaker ETF's 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 Spinnaker ETF's direct or indirect competition across all of the common fundamentals between Spinnaker ETF and the related equities. This way, we can detect undervalued stocks with similar characteristics as Spinnaker ETF or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of Spinnaker ETF's fundamental indicators could also be used in its relative valuation, which is a method of valuing Spinnaker ETF by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Spinnaker ETF to competition
FundamentalsSpinnaker ETFPeer Average
One Year Return(15.50) %(0.97) %
Net Asset25.17 M2.29 B
Last Dividend Paid0.08250.14
Equity Positions Weight26.54 %52.82 %

Spinnaker ETF Market Momentum

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

About Spinnaker ETF Buy or Sell Advice

When is the right time to buy or sell Spinnaker ETF Series? Buying financial instruments such as Spinnaker Etf 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 Spinnaker ETF 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 Sports Thematic Idea Now

Sports
Sports Theme
Companies in sporting activities arena as well as manufacturers of sporting goods and sport retailers. The Sports theme has 25 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 Sports Theme or any other thematic opportunities.
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Additionally, take a look at Spinnaker ETF 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. You can also try Price Transformation module to use Price Transformation models to analyze depth of different equity instruments across global markets.

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The market value of Spinnaker ETF Series is measured differently than its book value, which is the value of Spinnaker that is recorded on the company's balance sheet. Investors also form their own opinion of Spinnaker ETF's value that differs from its market value or its book value, called intrinsic value, which is Spinnaker ETF's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Spinnaker ETF's market value can be influenced by many factors that don't directly affect Spinnaker ETF's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Spinnaker ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine Spinnaker ETF value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Spinnaker ETF's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.