SSgA SPDR (France) Buy Hold or Sell Recommendation
| JNKE Etf | EUR 50.88 0.10 0.20% |
Assuming the 90 days trading horizon and your above-average risk tolerance, 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 JNKE positions. The advice algorithm takes into account all of SSgA SPDR's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting SSgA SPDR's buy or sell advice are summarized below:
Real Value 0.0 | Hype Value 0.0 | Market Value 50.88 | Naive Value 51 |
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 | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Analyst Consensus | Not Available | Details |
SSgA SPDR Trading Alerts and Improvement Suggestions
| SSgA SPDR ETFs generated a negative expected return over the last 90 days | |
| The fund retains about 98.21% of its assets under management (AUM) in fixed income securities |
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 | -0.05 | Value At Risk | -0.45 | Potential Upside | 0.33 | Standard Deviation | 0.87 |
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 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 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 | -0.06 | |
β | Beta against NYSE Composite | 0.01 | |
σ | Overall volatility | 0.87 | |
Ir | Information ratio | -0.14 |
SSgA SPDR Volatility Alert
SSgA SPDR ETFs exhibits very low volatility with skewness of -0.35 and kurtosis of 9.26. 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 Fundamentals Vs Peers
Comparing SSgA SPDR'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 SSgA SPDR's direct or indirect competition across all of the common fundamentals between SSgA SPDR and the related equities. This way, we can detect undervalued stocks with similar characteristics as SSgA SPDR or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of SSgA SPDR's fundamental indicators could also be used in its relative valuation, which is a method of valuing SSgA SPDR by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare SSgA SPDR to competition |
| Fundamentals | SSgA SPDR | Peer Average |
| One Year Return | 1.77 % | (0.97) % |
| Three Year Return | 3.20 % | 3.23 % |
| Five Year Return | 3.29 % | 1.12 % |
| Net Asset | 631.66 M | 2.29 B |
| Holdings Turnover | 36.47 % | 0.54 % |
| Bond Positions Weight | 98.21 % | 8.16 % |
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.
About SSgA SPDR Buy or Sell Advice
When is the right time to buy or sell SSgA SPDR ETFs? Buying financial instruments such as SSgA 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 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?
Run Trading Thematic Idea Now
Trading
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Trading theme has 61 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 Trading Theme or any other thematic opportunities.
| View All Next | Launch |
Check out SSgA SPDR 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 Bonds Directory module to find actively traded corporate debentures issued by US companies.