Syntax Stratified Largecap Etf Profile
| SSPY Etf | USD 73.95 0.61 0.83% |
Performance7 of 100
| Odds Of DistressLess than 9
|
Syntax Stratified is trading at 73.95 as of the 24th of April 2024; that is 0.83% increase since the beginning of the trading day. The etf's open price was 73.34. Syntax Stratified has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Syntax Stratified LargeCap are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of October 2023 and ending today, the 24th of April 2024. Click here to learn more.
Under normal market conditions, the fund invests substantially all, and at least 95 percent of its total assets in the securities comprising the index. Syntax Stratified is traded on NYSEARCA Exchange in the United States. More on Syntax Stratified LargeCap
Moving together with Syntax Etf
| 0.97 | VTV | Vanguard Value Index | PairCorr |
| 0.96 | VYM | Vanguard High Dividend | PairCorr |
| 0.99 | IWD | iShares Russell 1000 | PairCorr |
| 0.99 | DGRO | iShares Core Dividend | PairCorr |
| 0.99 | IVE | iShares SP 500 | PairCorr |
| 0.9 | DVY | iShares Select Dividend | PairCorr |
| 0.99 | SPYV | SPDR Portfolio SP | PairCorr |
Syntax Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Syntax Stratified's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Syntax Stratified or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Large Value, Syntax (View all Sectors) |
| Country Name | USA |
| Returns Y T D | 3.94 |
| Name | Syntax Stratified LargeCap ETF |
| Currency Code | USD |
| In Threey Volatility | 17.23 |
| 1y Volatility | 15.76 |
| 200 Day M A | 69.706 |
| 50 Day M A | 74.2629 |
| Code | SSPY |
| Updated At | 24th of April 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.42 |
| Type | ETF |
Syntax Stratified LargeCap [SSPY] is traded in USA and was established 2019-01-02. The fund is listed under Large Value category and is part of Syntax family. Syntax Stratified at this time have 92.56 M in assets. , while the total return for the last 3 years was 6.2%.
Check Syntax Stratified Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Syntax Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Syntax Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Syntax Stratified LargeCap Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Syntax Stratified LargeCap Etf Constituents
| ADBE | Adobe Systems Incorporated | Stock | Information Technology |
| ADSK | Autodesk | Stock | Information Technology |
| ANSS | ANSYS Inc | Stock | Information Technology |
| COST | Costco Wholesale Corp | Stock | Consumer Staples |
| CVS | CVS Health Corp | Stock | Health Care |
| CVX | Chevron Corp | Stock | Energy |
| KR | Kroger Company | Stock | Consumer Staples |
Syntax Stratified Target Price Odds Analysis
Based on a normal probability distribution, the odds of Syntax Stratified jumping above the current price in 90 days from now is about 41.18%. The Syntax Stratified LargeCap probability density function shows the probability of Syntax Stratified etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the etf has a beta coefficient of 1.0107. This usually implies Syntax Stratified LargeCap market returns are sensitive to returns on the market. As the market goes up or down, Syntax Stratified is expected to follow. Additionally, syntax Stratified LargeCap has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Syntax Stratified to move above the current price in 90 days from now is about 41.18 (This Syntax Stratified LargeCap probability density function shows the probability of Syntax Etf to fall within a particular range of prices over 90 days) .
Syntax Stratified Top Holders
| SHUS | Syntax Stratified Total | Etf | Mid-Cap Blend |
| SYUS | Syntax Stratified Total | Etf | Mid-Cap Blend |
Syntax Stratified Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Syntax Stratified market risk premium is the additional return an investor will receive from holding Syntax Stratified long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Syntax Stratified. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Syntax Stratified's alpha and beta are two of the key measurements used to evaluate Syntax Stratified's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0738 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.02) |
Syntax Stratified Against Markets
Picking the right benchmark for Syntax Stratified etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Syntax Stratified etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Syntax Stratified is critical whether you are bullish or bearish towards Syntax Stratified LargeCap at a given time. Please also check how Syntax Stratified's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Syntax Stratified without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Efficient FrontierPlot and analyze your portfolio and positions against risk-return landscape of the market. |
| All Next | Launch Module |
How to buy Syntax Etf?
Before investing in Syntax Stratified, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Syntax Stratified. To buy Syntax Stratified etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Syntax Stratified. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Syntax Stratified etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Syntax Stratified LargeCap etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Syntax Stratified LargeCap etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as Syntax Stratified LargeCap, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Syntax Etf please use our How to Invest in Syntax Stratified guide.
Already Invested in Syntax Stratified LargeCap?
The danger of trading Syntax Stratified LargeCap is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Syntax Stratified is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Syntax Stratified. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Syntax Stratified is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Syntax Stratified offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Syntax Stratified's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Syntax Stratified Largecap Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Syntax Stratified Largecap Etf: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Syntax Stratified LargeCap. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
The market value of Syntax Stratified is measured differently than its book value, which is the value of Syntax that is recorded on the company's balance sheet. Investors also form their own opinion of Syntax Stratified's value that differs from its market value or its book value, called intrinsic value, which is Syntax Stratified'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 Syntax Stratified's market value can be influenced by many factors that don't directly affect Syntax Stratified'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 Syntax Stratified's value and its price as these two are different measures arrived at by different means. Investors typically determine if Syntax Stratified is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Syntax Stratified'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.