SSgA SPDR (France) Buy Hold or Sell Recommendation
| STZ Etf | EUR 90.43 0.70 0.77% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding SSgA SPDR ETFs is 'Strong Sell'. 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 STZ positions.
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. Note, we conduct extensive research on individual funds such as SSgA and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards SSgA SPDR ETFs. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
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 | Insignificant | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Analyst Consensus | Not Available | Details |
SSgA SPDR Trading Alerts and Improvement Suggestions
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 | -1.27 | Potential Upside | 1.40 | Standard Deviation | 0.82 |
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 Ltd 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 Dow Jones | 0.05 | |
β | Beta against Dow Jones | -0.1 | |
σ | Overall volatility | 0.82 | |
Ir | Information ratio | -0.1 |
SSgA SPDR Volatility Alert
SSgA SPDR ETFs has low volatility with Treynor Ratio of -0.4, Maximum Drawdown of 3.77 and kurtosis of -0.21. 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 |
| Price To Earning | 12.01 X | 3.15 X |
| Price To Book | 0.90 X | 0.39 X |
| Price To Sales | 1.03 X | 0.33 X |
| One Year Return | (2.65) % | (0.97) % |
| Three Year Return | 9.81 % | 3.23 % |
| Five Year Return | 1.46 % | 1.12 % |
| Net Asset | 682.7 M | 2.29 B |
| Equity Positions Weight | 98.64 % | 52.82 % |
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?
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Global Macro ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Global Macro ETFs theme has 26 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 Global Macro ETFs Theme or any other thematic opportunities.
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Other Information on Investing in SSgA Etf
SSgA SPDR financial ratios help investors to determine whether SSgA Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in SSgA with respect to the benefits of owning SSgA SPDR security.