SPDR Aggregate Etf Buy Hold or Sell Recommendation

SPAB
 Etf
  

USD 26.62  0.14  0.52%   

Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding SPDR Aggregate Bond is 'Hold'. Macroaxis provides SPDR Aggregate buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding SPAB positions. The advice algorithm takes into account all of SPDR Aggregate's available fundamental, technical, and predictive indicators you will find on this site.
  
The advice is provided from SPDR Aggregate's buy-and-hold perspective. Additionally, take a look at SPDR Aggregate 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. We conduct extensive research on individual funds such as SPDR Aggregate and provide practical buy, sell, or hold recommendation based on selected investing horizon and risk tolerance towards SPDR Aggregate Bond.

Execute SPDR Aggregate Buy or Sell Advice

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

Time Horizon

Risk Tolerance

Execute Advice
Sell SPDR AggregateBuy SPDR Aggregate
Hold

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds of Distress

Below AverageDetails

Economic Sensitivity

Barely shadows the marketDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon SPDR Aggregate Bond has a Risk Adjusted Performance of 0.0718, Jensen Alpha of 0.0232, Total Risk Alpha of 0.0178, Sortino Ratio of 0.0141 and Treynor Ratio of 0.3229
Our trade recommendation module complements current analysts and expert consensus on SPDR Aggregate Bond. It analyzes the etf potential to grow using all fundamental, technical, and market related data available now. Please use SPDR Aggregate Bond three year return and net asset to make buy, hold, or sell decision on SPDR Aggregate.

SPDR Aggregate Trading Alerts and Improvement Suggestions

On 5th of August 2022 SPDR Aggregate paid $ 0.0541 per share dividend to its current shareholders
The fund created three year return of 0.0%
SPDR Aggregate Bond maintains about 6.45% of its assets in bonds

SPDR Aggregate Returns Distribution Density

The distribution of SPDR Aggregate's historical returns is an attempt to chart the future uncertainty of SPDR Aggregate's future price movements. The chart of the probability distribution of SPDR Aggregate stock daily returns describes the distribution of returns around its average expected value. We use SPDR Aggregate Bond price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of SPDR Aggregate returns is essential to provide solid investment advice for SPDR Aggregate stock.
Mean Return0.0344Value At Risk-0.72
Potential Upside0.84Standard Deviation0.50
   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 Aggregate 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 Aggregate 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 Aggregate 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 Aggregate stock's price will be affected by overall stock 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 Aggregate stock'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
0.023181
β
Beta against DOW0.08
σ
Overall volatility
0.51
Ir
Information ratio 0.0154

SPDR Aggregate Volatility Alert

SPDR Aggregate Bond exhibits very low volatility with skewness of -0.5 and kurtosis of 0.56. However, we advise investors to further study SPDR Aggregate Bond technical indicators to make sure all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure SPDR Aggregate's etf risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact SPDR Aggregate'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 stocks as prices fall.

SPDR Aggregate Implied Volatility

SPDR Aggregate's implied volatility" href="/stock-options/SPAB/SPDR-Aggregate-Bond">SPDR Aggregate's implied volatility exposes the market's sentiment of SPDR Aggregate Bond stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if SPDR Aggregate's implied volatility" href="/stock-options/SPAB/SPDR-Aggregate-Bond">SPDR Aggregate's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that SPDR Aggregate stock will not fluctuate a lot when SPDR Aggregate's options" href="/stock-options/SPAB/SPDR-Aggregate-Bond">SPDR Aggregate's options are near their expiration.

SPDR Aggregate Fundamentals Vs Peers

Comparing SPDR Aggregate'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 Aggregate's direct or indirect competition across all of the common fundamentals between SPDR Aggregate and the related equities. This way, we can detect undervalued stocks with similar characteristics as SPDR Aggregate or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of SPDR Aggregate's fundamental indicators could also be used in its relative valuation, which is a method of valuing SPDR Aggregate by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare SPDR Aggregate to competition
FundamentalsSPDR AggregatePeer Average
One Year Return(9.58) %(0.97) %
Three Year Return(0.44) %3.23 %
Five Year Return1.19 %1.12 %
Ten Year Return1.51 %1.20 %
Net Asset6.27 B2.29 B
Last Dividend Paid0.04990.14
Bond Positions Weight6.45 %8.16 %

SPDR Aggregate Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as SPDR Aggregate . 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.
Accumulation Distribution15576.1
Daily Balance Of Power(0.54)
Rate Of Daily Change0.99
Day Median Price26.73
Day Typical Price26.69
Price Action Indicator(0.18)

About SPDR Aggregate Buy or Sell Advice

When is the right time to buy or sell SPDR Aggregate Bond? Buying financial instruments such as SPDR Aggregate Etf isn't very hard. However, what challenging for most investors is doing it at the right time to beat the stock 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. Although SPDR Aggregate investors may find it confusing at the beginning, 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 Aggregate 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 Gold and Gold Mining Thematic Idea Now

Gold and Gold Mining
Gold and Gold Mining Theme
Large and mid-size companies, ETFs and funds that are either investing, exploring or producing, gold or indirectly involved in trading or making gold products. The Gold and Gold Mining theme has 100 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 Gold and Gold Mining Theme or any other thematic opportunities.
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Additionally, take a look at SPDR Aggregate 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 that the SPDR Aggregate Bond information on this page should be used as a complementary analysis to other SPDR Aggregate's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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The market value of SPDR Aggregate Bond is measured differently than its book value, which is the value of SPDR Aggregate that is recorded on the company's balance sheet. Investors also form their own opinion of SPDR Aggregate's value that differs from its market value or its book value, called intrinsic value, which is SPDR Aggregate'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 Aggregate's market value can be influenced by many factors that don't directly affect SPDR Aggregate'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 Aggregate's value and its price as these two are different measures arrived at by different means. Investors typically determine SPDR Aggregate value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Aggregate'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.