Spky Etf Buy Hold or Sell Recommendation

SPKY Etf  USD 4.92  0.12  2.38%   
Given the investment horizon of 90 days and your complete indifference towards market risk, our recommendation regarding SPKY is 'Not Rated'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell SPKY given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for SPKY, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in industry.
Note, we conduct extensive research on individual funds such as SPKY and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards SPKY. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in industry.

Execute SPKY Buy or Sell Advice

The SPKY recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on SPKY. Macroaxis does not own or have any residual interests in SPKY or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute SPKY's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell SPKYBuy SPKY
Not Rated
For the selected time horizon SPKY has a Risk Adjusted Performance of (0.18), Jensen Alpha of (1.18), Total Risk Alpha of (1.68) and Treynor Ratio of (1.17)
We provide advice to complement the current expert consensus on SPKY. Our dynamic recommendation engine harnesses a multidimensional algorithm to analyze the entity's potential to grow using all technical and fundamental data available now. Please validate SPKY total asset to decide if your SPKY buy or sell deciscion is justified.

SPKY Trading Alerts and Improvement Suggestions

SPKY is not yet fully synchronised with the market data
The fund maintains 165.42% of its assets in stocks

SPKY Returns Distribution Density

The distribution of SPKY's historical returns is an attempt to chart the uncertainty of SPKY's future price movements. The chart of the probability distribution of SPKY daily returns describes the distribution of returns around its average expected value. We use SPKY price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of SPKY returns is essential to provide solid investment advice for SPKY.
Mean Return
-1.08
Value At Risk
-7.98
Potential Upside
6.40
Standard Deviation
4.24
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of SPKY 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.

SPKY Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as SPKY . 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 SPKY Buy or Sell Advice

When is the right time to buy or sell SPKY? Buying financial instruments such as SPKY 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 SPKY 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 Communication Services Thematic Idea Now

Communication Services
Communication Services Theme
Companies that provide networking, telecom, and long distance services. The Communication Services theme has 37 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 Communication Services Theme or any other thematic opportunities.
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When determining whether SPKY offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SPKY'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 Spky Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Spky Etf:
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in industry.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
The market value of SPKY is measured differently than its book value, which is the value of SPKY that is recorded on the company's balance sheet. Investors also form their own opinion of SPKY's value that differs from its market value or its book value, called intrinsic value, which is SPKY'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 SPKY's market value can be influenced by many factors that don't directly affect SPKY'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 SPKY's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPKY is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPKY'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.