Consumer Discretionary Select Etf Buy Hold or Sell Recommendation
XLY Etf | USD 174.19 1.65 0.96% |
Considering the 90-day investment horizon and your way above-average risk tolerance, our recommendation regarding Consumer Discretionary Select is 'Buy'. Macroaxis provides Consumer Discretionary buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding XLY positions. The advice algorithm takes into account all of Consumer Discretionary's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Consumer Discretionary's buy or sell advice are summarized below:
Real Value 174.94 | Hype Value 174.18 | Market Value 174.19 | Naive Value 169.53 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Consumer Discretionary Select given historical horizon and risk tolerance towards Consumer Discretionary. When Macroaxis issues a 'buy' or 'sell' recommendation for Consumer Discretionary Select, the advice is generated through an automated system that utilizes algorithms and statistical models.
Consumer |
Execute Consumer Discretionary Buy or Sell Advice
The Consumer recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Consumer Discretionary Select. Macroaxis does not own or have any residual interests in Consumer Discretionary Select or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Consumer Discretionary's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
Buy
Market Performance | Insignificant | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details |
Consumer Discretionary Trading Alerts and Improvement Suggestions
Latest headline from news.google.com: XLY, SBUX, ABNB, ORLY ETF Outflow Alert - Nasdaq | |
The fund generated three year return of 0.0% | |
Consumer Discretionary keeps 99.88% of its net assets in stocks |
Consumer Discretionary Returns Distribution Density
The distribution of Consumer Discretionary's historical returns is an attempt to chart the uncertainty of Consumer Discretionary's future price movements. The chart of the probability distribution of Consumer Discretionary daily returns describes the distribution of returns around its average expected value. We use Consumer Discretionary Select price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Consumer Discretionary returns is essential to provide solid investment advice for Consumer Discretionary.
Mean Return | -0.01 | Value At Risk | -1.62 | Potential Upside | 1.49 | Standard Deviation | 0.98 |
Return Density |
Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Consumer Discretionary 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.
Consumer Discretionary 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 Consumer Discretionary or SPDR State Street Global Advisors 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 Consumer Discretionary'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 Consumer 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 | -0.12 | |
β | Beta against NYSE Composite | 1.20 | |
σ | Overall volatility | 1.00 | |
Ir | Information ratio | -0.11 |
Consumer Discretionary Volatility Alert
Consumer Discretionary Select exhibits very low volatility with skewness of -0.06 and kurtosis of -0.73. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Consumer Discretionary'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 Consumer Discretionary'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.Consumer Discretionary Implied Volatility
Consumer Discretionary's implied volatility exposes the market's sentiment of Consumer Discretionary Select stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Consumer Discretionary's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Consumer Discretionary stock will not fluctuate a lot when Consumer Discretionary's options are near their expiration.
Consumer Discretionary Fundamentals Vs Peers
Comparing Consumer Discretionary'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 Consumer Discretionary's direct or indirect competition across all of the common fundamentals between Consumer Discretionary and the related equities. This way, we can detect undervalued stocks with similar characteristics as Consumer Discretionary or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of Consumer Discretionary's fundamental indicators could also be used in its relative valuation, which is a method of valuing Consumer Discretionary by comparing valuation metrics with those of similar companies.
Better Than Average | Worse Than Average | Compare Consumer Discretionary to competition |
Fundamentals | Consumer Discretionary | Peer Average |
Price To Earning | 2.20 X | 3.15 X |
Price To Book | 4.78 X | 0.39 X |
Price To Sales | 1.53 X | 0.33 X |
Beta | 1.28 | |
One Year Return | 17.90 % | (0.97) % |
Three Year Return | (0.20) % | 3.23 % |
Five Year Return | 8.50 % | 1.12 % |
Ten Year Return | 11.70 % | 1.20 % |
Net Asset | 14.17 B | 2.29 B |
Last Dividend Paid | 0.3 | 0.14 |
Equity Positions Weight | 99.88 % | 52.82 % |
Consumer Discretionary Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Consumer . 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 | 67317.33 | |||
Daily Balance Of Power | 0.6134 | |||
Rate Of Daily Change | 1.01 | |||
Day Median Price | 174.29 | |||
Day Typical Price | 174.25 | |||
Price Action Indicator | 0.73 | |||
Period Momentum Indicator | 1.65 | |||
Relative Strength Index | 48.23 |
About Consumer Discretionary Buy or Sell Advice
When is the right time to buy or sell Consumer Discretionary Select? Buying financial instruments such as Consumer 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 Consumer Discretionary 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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Housewares
Companies making housewares accessories and providing houseware services. The Housewares theme has 45 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 Housewares Theme or any other thematic opportunities.
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Check out Consumer Discretionary 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 the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
The market value of Consumer Discretionary is measured differently than its book value, which is the value of Consumer that is recorded on the company's balance sheet. Investors also form their own opinion of Consumer Discretionary's value that differs from its market value or its book value, called intrinsic value, which is Consumer Discretionary'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 Consumer Discretionary's market value can be influenced by many factors that don't directly affect Consumer Discretionary'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 Consumer Discretionary's value and its price as these two are different measures arrived at by different means. Investors typically determine if Consumer Discretionary is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Consumer Discretionary'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.