Spdr Galaxy Hedged Etf Buy Hold or Sell Recommendation
| HECO Etf | USD 38.00 0.12 0.31% |
Given the investment horizon of 90 days and your slightly conservative level of risk, our recommendation regarding SPDR Galaxy Hedged is 'Strong Buy'. The recommendation algorithm takes into account all of SPDR Galaxy's available fundamental, technical, and predictive indicators you will find on this site.
Check out SPDR Galaxy 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 Galaxy Hedged. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
SPDR |
Execute SPDR Galaxy 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 Galaxy Hedged. Macroaxis does not own or have any residual interests in SPDR Galaxy Hedged or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute SPDR Galaxy's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | Solid | Details | |
Volatility | Very steady | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details |
SPDR Galaxy Trading Alerts and Improvement Suggestions
| The fund retains 95.28% of its assets under management (AUM) in equities |
SPDR Galaxy Returns Distribution Density
The distribution of SPDR Galaxy's historical returns is an attempt to chart the uncertainty of SPDR Galaxy's future price movements. The chart of the probability distribution of SPDR Galaxy daily returns describes the distribution of returns around its average expected value. We use SPDR Galaxy Hedged price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of SPDR Galaxy returns is essential to provide solid investment advice for SPDR Galaxy.
| Mean Return | 0.73 | Value At Risk | -4.88 | Potential Upside | 5.69 | Standard Deviation | 2.83 |
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 Galaxy 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 Galaxy 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 Galaxy or Strategy shares 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 Galaxy'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 | 0.51 | |
β | Beta against Dow Jones | 1.85 | |
σ | Overall volatility | 2.83 | |
Ir | Information ratio | 0.22 |
SPDR Galaxy Volatility Alert
SPDR Galaxy Hedged currently demonstrates below-average downside deviation. It has Information Ratio of 0.22 and Jensen Alpha of 0.51. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure SPDR Galaxy'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 Galaxy'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 Galaxy Fundamentals Vs Peers
Comparing SPDR Galaxy'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 Galaxy's direct or indirect competition across all of the common fundamentals between SPDR Galaxy and the related equities. This way, we can detect undervalued stocks with similar characteristics as SPDR Galaxy or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of SPDR Galaxy's fundamental indicators could also be used in its relative valuation, which is a method of valuing SPDR Galaxy by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare SPDR Galaxy to competition |
| Fundamentals | SPDR Galaxy | Peer Average |
| Price To Earning | 16.27 X | 3.15 X |
| Price To Book | 2.84 X | 0.39 X |
| Price To Sales | 1.67 X | 0.33 X |
| One Year Return | (8.46) % | (0.97) % |
| Three Year Return | 1.38 % | 3.23 % |
| Five Year Return | 3.67 % | 1.12 % |
| Net Asset | 9.12 M | 2.29 B |
| Last Dividend Paid | 0.2 | 0.14 |
| Equity Positions Weight | 95.28 % | 52.82 % |
SPDR Galaxy 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 Galaxy Buy or Sell Advice
When is the right time to buy or sell SPDR Galaxy Hedged? 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.
Use Investing Ideas to Build Portfolios
In addition to having SPDR Galaxy 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 Broad Sovereign ETFs Thematic Idea Now
Broad Sovereign ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Broad Sovereign ETFs theme has 14 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 Broad Sovereign ETFs Theme or any other thematic opportunities.
| View All Next | Launch |
Check out SPDR Galaxy 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 CEOs Directory module to screen CEOs from public companies around the world.
The market value of SPDR Galaxy Hedged 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 Galaxy's value that differs from its market value or its book value, called intrinsic value, which is SPDR Galaxy'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 Galaxy's market value can be influenced by many factors that don't directly affect SPDR Galaxy'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 Galaxy's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Galaxy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Galaxy'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.