Spinnaker Etf Series Etf Buy Hold or Sell Recommendation
| KOOL Etf | USD 10.26 0.04 0.39% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Spinnaker ETF Series is 'Cautious Hold'. The recommendation algorithm takes into account all of Spinnaker ETF's available fundamental, technical, and predictive indicators you will find on this site.
Check out Spinnaker ETF 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 Spinnaker and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Spinnaker ETF Series. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in persons.
Spinnaker |
Execute Spinnaker ETF Buy or Sell Advice
The Spinnaker recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Spinnaker ETF Series. Macroaxis does not own or have any residual interests in Spinnaker ETF Series or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Spinnaker ETF's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details | |
Financial Leverage | Not Rated | Details |
Spinnaker ETF Trading Alerts and Improvement Suggestions
| Spinnaker ETF Series generated a negative expected return over the last 90 days | |
| The company reported the previous year's revenue of 13.07 M. Net Loss for the year was (12.91 M) with profit before overhead, payroll, taxes, and interest of 2.19 M. | |
| Spinnaker ETF Series currently holds about 2.42 M in cash with (3.79 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.0. | |
| Roughly 31.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from seekingalpha.com: YieldMax DIS Option Income Strategy ETF declares 0.2879 dividend |
Spinnaker ETF Returns Distribution Density
The distribution of Spinnaker ETF's historical returns is an attempt to chart the uncertainty of Spinnaker ETF's future price movements. The chart of the probability distribution of Spinnaker ETF daily returns describes the distribution of returns around its average expected value. We use Spinnaker ETF Series price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Spinnaker ETF returns is essential to provide solid investment advice for Spinnaker ETF.
| Mean Return | -0.16 | Value At Risk | -2.3 | Potential Upside | 2.40 | Standard Deviation | 1.42 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Spinnaker ETF 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.
Spinnaker ETF 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 Spinnaker ETF or Healthcare 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 Spinnaker ETF'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 Spinnaker 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 | -0.16 | |
β | Beta against Dow Jones | 0.14 | |
σ | Overall volatility | 1.13 | |
Ir | Information ratio | -0.05 |
Spinnaker ETF Volatility Alert
Spinnaker ETF Series exhibits very low volatility with skewness of -0.01 and kurtosis of 2.6. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Spinnaker ETF'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 Spinnaker ETF'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.Spinnaker ETF Fundamentals Vs Peers
Comparing Spinnaker ETF'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 Spinnaker ETF's direct or indirect competition across all of the common fundamentals between Spinnaker ETF and the related equities. This way, we can detect undervalued stocks with similar characteristics as Spinnaker ETF or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of Spinnaker ETF's fundamental indicators could also be used in its relative valuation, which is a method of valuing Spinnaker ETF by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Spinnaker ETF to competition |
| Fundamentals | Spinnaker ETF | Peer Average |
| Price To Earning | (0.89) X | 3.15 X |
| Price To Book | 2.13 X | 0.39 X |
| Price To Sales | 0.95 X | 0.33 X |
Note: Disposition of 5508 shares by Pappa Kenneth of Spinnaker ETF at 1.16 subject to Rule 16b-3 [view details]
Spinnaker ETF Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Spinnaker . 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 Spinnaker ETF Buy or Sell Advice
When is the right time to buy or sell Spinnaker ETF Series? Buying financial instruments such as Spinnaker 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 Spinnaker ETF 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 Manufacturing Thematic Idea Now
Manufacturing
Companies that provide goods across residential, commercial and industrial construction such as machinery, tools, or lumber production. The Manufacturing theme has 20 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 Manufacturing Theme or any other thematic opportunities.
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Check out Spinnaker ETF 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 Share Portfolio module to track or share privately all of your investments from the convenience of any device.
The market value of Spinnaker ETF Series is measured differently than its book value, which is the value of Spinnaker that is recorded on the company's balance sheet. Investors also form their own opinion of Spinnaker ETF's value that differs from its market value or its book value, called intrinsic value, which is Spinnaker ETF'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 Spinnaker ETF's market value can be influenced by many factors that don't directly affect Spinnaker ETF'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 Spinnaker ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Spinnaker ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Spinnaker ETF'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.