Spdr Kensho New Etf Buy Hold or Sell Recommendation
KOMP Etf | USD 48.09 0.19 0.40% |
Given the investment horizon of 90 days and your slightly conservative level of risk, our recommendation regarding SPDR Kensho New is 'Hold'. Macroaxis provides SPDR Kensho buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding KOMP positions. The advice algorithm takes into account all of SPDR Kensho's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting SPDR Kensho's buy or sell advice are summarized below:
Real Value 47.28 | Hype Value 47.9 | Market Value 48.09 | Naive Value 48.4 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell SPDR Kensho New given historical horizon and risk tolerance towards SPDR Kensho. When Macroaxis issues a 'buy' or 'sell' recommendation for SPDR Kensho New, the advice is generated through an automated system that utilizes algorithms and statistical models.
SPDR |
Execute SPDR Kensho Buy or Sell Advice
The SPDR recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on SPDR Kensho New. Macroaxis does not own or have any residual interests in SPDR Kensho New or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute SPDR Kensho's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
Hold
Market Performance | Insignificant | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details |
SPDR Kensho Trading Alerts and Improvement Suggestions
Latest headline from news.google.com: On The My Stocks Page - Stock Traders Daily.com | |
The fund created three year return of -9.0% | |
SPDR Kensho New maintains 100.05% of its assets in stocks |
SPDR Kensho Returns Distribution Density
The distribution of SPDR Kensho's historical returns is an attempt to chart the uncertainty of SPDR Kensho's future price movements. The chart of the probability distribution of SPDR Kensho daily returns describes the distribution of returns around its average expected value. We use SPDR Kensho New price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of SPDR Kensho returns is essential to provide solid investment advice for SPDR Kensho.
Mean Return | 0.07 | Value At Risk | -1.91 | Potential Upside | 2.03 | Standard Deviation | 1.29 |
Return Density |
Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of SPDR Kensho 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.
SPDR Kensho 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 SPDR Kensho 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 SPDR Kensho'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 SPDR 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 | 0.05 | |
β | Beta against NYSE Composite | 0.01 | |
σ | Overall volatility | 1.29 | |
Ir | Information ratio | -0.05 |
SPDR Kensho Volatility Alert
SPDR Kensho New has relatively low volatility with skewness of -0.04 and kurtosis of -0.22. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure SPDR Kensho'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 SPDR Kensho'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.SPDR Kensho Fundamentals Vs Peers
Comparing SPDR Kensho'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 SPDR Kensho's direct or indirect competition across all of the common fundamentals between SPDR Kensho and the related equities. This way, we can detect undervalued stocks with similar characteristics as SPDR Kensho or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of SPDR Kensho's fundamental indicators could also be used in its relative valuation, which is a method of valuing SPDR Kensho by comparing valuation metrics with those of similar companies.
Better Than Average | Worse Than Average | Compare SPDR Kensho to competition |
Fundamentals | SPDR Kensho | Peer Average |
Beta | 1.19 | |
One Year Return | 17.00 % | (0.97) % |
Three Year Return | (9.30) % | 3.23 % |
Five Year Return | 9.90 % | 1.12 % |
Net Asset | 1.52 B | 2.29 B |
Last Dividend Paid | 0.065 | 0.14 |
Equity Positions Weight | 100.05 % | 52.82 % |
SPDR Kensho Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as SPDR . 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.
Daily Balance Of Power | 9.2 T | |||
Rate Of Daily Change | 1.0 | |||
Day Median Price | 48.09 | |||
Day Typical Price | 48.09 | |||
Price Action Indicator | 0.095 | |||
Period Momentum Indicator | 0.19 | |||
Relative Strength Index | 55.47 |
About SPDR Kensho Buy or Sell Advice
When is the right time to buy or sell SPDR Kensho New? Buying financial instruments such as SPDR 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.
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In addition to having SPDR Kensho 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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ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Precious Metals ETFs theme has 29 constituents at this time.
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Check out SPDR Kensho 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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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When running SPDR Kensho's price analysis, check to measure SPDR Kensho'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 SPDR Kensho is operating at the current time. Most of SPDR Kensho's value examination focuses on studying past and present price action to predict the probability of SPDR Kensho's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SPDR Kensho's price. Additionally, you may evaluate how the addition of SPDR Kensho to your portfolios can decrease your overall portfolio volatility.
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The market value of SPDR Kensho New is measured differently than its book value, which is the value of SPDR that is recorded on the company's balance sheet. Investors also form their own opinion of SPDR Kensho's value that differs from its market value or its book value, called intrinsic value, which is SPDR Kensho'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 SPDR Kensho's market value can be influenced by many factors that don't directly affect SPDR Kensho'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 SPDR Kensho's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Kensho is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Kensho'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.