Spdr Sp Insurance Etf Buy Hold or Sell Recommendation
| KIE Etf | USD 61.97 0.06 0.1% |
Considering the 90-day investment horizon and complete risk avoidance on your part, our recommendation regarding SPDR SP Insurance is 'Strong Sell'. Macroaxis provides SPDR SP buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding SPDR SP positions.
Check out SPDR SP 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. Note, we conduct extensive research on individual funds such as SPDR and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards SPDR SP Insurance. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
SPDR |
Execute SPDR SP 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 SP Insurance. Macroaxis does not own or have any residual interests in SPDR SP Insurance or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute SPDR SP's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details | |
Financial Leverage | Not Rated | Details |
SPDR SP Trading Alerts and Improvement Suggestions
| The company reported the last year's revenue of 3.26 B. Reported Net Loss for the year was (247.38 M). | |
| SPDR SP Insurance has about 249.02 M in cash with (76.39 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of -0.8419. | |
| Roughly 70.0% of the company shares are owned by institutional investors | |
| Latest headline from zacks.com: Is SPDR SP Insurance ETF a Strong ETF Right Now | |
| The fund maintains 99.7% of its assets in stocks |
SPDR SP Returns Distribution Density
The distribution of SPDR SP's historical returns is an attempt to chart the uncertainty of SPDR SP's future price movements. The chart of the probability distribution of SPDR SP daily returns describes the distribution of returns around its average expected value. We use SPDR SP Insurance price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of SPDR SP returns is essential to provide solid investment advice for SPDR SP.
| Mean Return | 0.17 | Value At Risk | -1.21 | Potential Upside | 1.26 | Standard Deviation | 1.04 |
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 SP 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 SP 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 SP 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 SP'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 Dow Jones | 0.03 | |
β | Beta against Dow Jones | 1.03 | |
σ | Overall volatility | 1.05 | |
Ir | Information ratio | 0.03 |
SPDR SP Volatility Alert
SPDR SP Insurance has relatively low volatility with skewness of 0.32 and kurtosis of 5.32. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure SPDR SP'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 SP'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 SP Fundamentals Vs Peers
Comparing SPDR SP'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 SP's direct or indirect competition across all of the common fundamentals between SPDR SP and the related equities. This way, we can detect undervalued stocks with similar characteristics as SPDR SP or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of SPDR SP's fundamental indicators could also be used in its relative valuation, which is a method of valuing SPDR SP by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare SPDR SP to competition |
| Fundamentals | SPDR SP | Peer Average |
| Price To Earning | 13.45 X | 3.15 X |
| Price To Book | 1.16 X | 0.39 X |
| Price To Sales | 1.17 X | 0.33 X |
| Beta | 0.7 | |
| One Year Return | 38.90 % | (0.97) % |
| Three Year Return | 19.50 % | 3.23 % |
| Five Year Return | 13.90 % | 1.12 % |
| Ten Year Return | 12.80 % | 1.20 % |
| Net Asset | 422.58 M | 2.29 B |
| Last Dividend Paid | 0.13 | 0.14 |
| Equity Positions Weight | 99.70 % | 52.82 % |
SPDR SP 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.
About SPDR SP Buy or Sell Advice
When is the right time to buy or sell SPDR SP Insurance? 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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Check out SPDR SP 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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
The market value of SPDR SP Insurance 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 SP's value that differs from its market value or its book value, called intrinsic value, which is SPDR SP'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 SP's market value can be influenced by many factors that don't directly affect SPDR SP'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 SP's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR SP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR SP'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.