3 Tech Stocks Hitting SPY Hard - 247 Wall St.
| SPY Etf | 946.26 6.02 0.63% |
Slightly above 62% of SPDR SP's investor base is looking to short. The current sentiment regarding investing in SPDR SP 500 etf implies that many traders are alarmed. SPDR SP's investing sentiment can be driven by a variety of factors including economic data, SPDR SP's earnings reports, geopolitical events, and overall market trends.
SPDR |
3 Tech Stocks Hitting SPY Hard 247 Wall St.
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SPDR SP Fundamental Analysis
We analyze SPDR SP's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SPDR SP using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SPDR SP based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Probability Of Bankruptcy
Probability Of Bankruptcy Comparative Analysis
SPDR SP is currently under evaluation in probability of bankruptcy as compared to similar ETFs. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
SPDR SP 500 Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with SPDR SP etf to make a market-neutral strategy. Peer analysis of SPDR SP could also be used in its relative valuation, which is a method of valuing SPDR SP by comparing valuation metrics with similar companies.
Peers
SPDR SP Related Equities
| MVR | VanEck Vectors | 2.30 | ||||
| MOAT | VanEck Morningstar | 0.08 | ||||
| GGUS | BetaShares Geared | 0.42 | ||||
| VTS | Vanguard Total | 0.65 |
Check out SPDR SP Hype Analysis, SPDR SP Correlation and SPDR SP Performance. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.