This document has been compiled using indicators provided by the Market-Signals trading bot which studies global market data. This document shows the evolution of the strategies proposed by the bot and gives the trends of a selection of ETFs, which follow the main world markets, for November 2023. The strategies hold only long positions. No leverage is used. This document is for information purposes only and should not be taken as investment advice.
Global Market Breadth
| Market | Trend | Direction |
|---|---|---|
| US stock market |
|
|
| US bond market |
|
|
| US Treasuries |
|
|
| US Real Estate |
|
|
| Europe Equities |
|
|
| Japan Equities |
|
|
| Emerging Market Equities |
|
|
| Gold |
|
Portfolios
US Growth Portfolio
T
he portfolio US Growth receded 0.05% in October. We see a falling trend in the U.S. equity market, we assume a Risk-Off market regime and the portfolio is allocated to a long-term U.S. Treasury Bond ETF (TLT). The asset allocation does not change in November. The level of risk of the strategy for November is low with a Risk Score constant of 0 out of 10.
The 1-year trailing return of this strategy is 17.54%. Since opening the portfolio at eToro in November 2019, the strategy has performed 95.44%, in comparison, the benchmark asset (S&P 500) has advanced 46.81%. The strategy has suffered a maximum loss of 19.95% since the portfolio opened at eToro, compared to the benchmark asset (S&P 500) which lost 23.88% at maximum.
This strategy captures the U.S. stock market growth for long-term investors who want high returns.
Since inception at eToro
Max drawdown
Since inception at eToro
Portfolio: -19.95%
S&P 500: -23.88%
- eToro portfolio
US Balanced Portfolio
T
he portfolio US Balanced decreases sharply by 4.40% in October. The strategy combines an allocation in US bonds (30%) with the US Growth portfolio (70%). The trend in the US bond market for November is negative. The ETF selected in the bond part for this month is IEF. The portfolio's allocation is 100% cash. The degree of risk of the strategy for November is low with a Risk Score in regression of 0 out of 10.
The 1-year trailing return of this strategy is 5.61%.
This strategy provides a balanced stocks and bonds allocation for investors who want a U.S. market exposure with limited risks.
Global Conservative Portfolio
T
he portfolio Global Conservative fell 1.63% in October. The Strategy combines a multi-market protective asset allocation strategy (Global Stable portfolio 70%) and a US stock market strategy (US Growth portfolio 30%). The portfolio's allocation is 100% cash. The degree of risk of the strategy for November is low with a Risk Score in decline of 0 out of 10.
The 1-year change of this strategy is 3.69%.
This strategy provides a broad geographic diversification for investors who want an international exposure.
Global Stable Portfolio
T
he portfolio Global Stable remained stable in October. The overall market trend for November is negative. By analyzing a diverse multi-market composed of 12 ETFs (stocks, bonds, gold, real estate, international and emerging markets...), we observe that 2 assets only show a positive evolution. Our model allocates 0% to Risk-On assets and 100% to Risk-Off assets. Asset allocation does not change in November. The portfolio's allocation is 100% cash. The degree of risk of the strategy for November is low with a Risk Score stable of 0 out of 10.
The 1-year trailing return of this strategy is 0.29%.
This is the safest strategy, the one with the lowest volatility and the least max drawdown of the 4 offered, that makes this strategy an alternative to a 1-Year Term Deposit.
ETF Trends
GLD SPDR Gold
- Gold
The GLD Exchange-Traded Fund from SPDR, which monitors gold, rebounds promptly by 7.37% in October. The evolution of the performance of this Exchange-Traded Fund over 1 year is 21.85%. The trend in November is lightly bullish with a Trend Score in progression of 3 out of 10. The level of risk of this Exchange-Traded Fund in November is high with a Risk Score in progression of 7 out of 10.
QQQ Invesco QQQ
- Nasdaq 100
The QQQ ETF, which measures large-cap US technology companies, fell 2.07% in October. The 1 year trailing return of this equity is 26.35%. The trend in November is lightly bullish with a Trend Score unchanged of 3 out of 10. The level of risk of this equity in November is medium with a Risk Score unchanged of 4 out of 10.
IWM iShares Russell 2000 ETF
- US Small Cap Equities
The IWM Exchange-Traded Fund from iShares, which measures an index of US small-cap stocks, falls sharply by 6.91% in October. The 1 year trailing return of this Exchange-Traded Fund is -10.38%. The trend in November is bearish. The level of risk of this Exchange-Traded Fund in November is medium with a Risk Score constant of 4 out of 10.
TLT iShares 20+ Year Treasury Bond ETF
- Long-Term US Treasuries
The TLT ETF from iShares, which follows long-dated US Treasuries, decreases sharply by 5.76% in October. The performance over a period of 1 year of this Exchange-Traded Fund is -13.54%. The trend in November is bearish. The level of risk of this Exchange-Traded Fund in November is medium with a Risk Score in regression of 4 out of 10. This Exchange-Traded Fund is invested in the strategy US Growth in November.
MDY SPDR S&P Midcap 400
- Midcap 400
The MDY ETF, which tracks 400 U.S. mid-cap stocks, collapses distinctly by 5.28% last month. The 1 year trailing return of this ETF is -2.48%. The trend in this month is negative. The degree of risk of this ETF in November is medium with a Risk Score stable of 4 out of 10.
VNQ Vanguard Real Estate ETF
- US Real Estate
The VNQ ETF, which replicates the broad U.S. real estate market, falls back promptly by 3.62% in October. The performance over a period of 1 year of this ETF is -12.20%. The trend in November is negative. The degree of risk of this ETF in November is medium with a Risk Score in regression of 4 out of 10.
EEM iShares MSCI Emerging Markets ETF
- Emerging Market Equities
The EEM ETF, which tracks a diversified exposure to emerging markets, collapses distinctly by 3.29% in October. The 1 year trailing return of this ETF is 5.88%. The trend in November is negative. The degree of risk of this ETF in November is low with a Risk Score stable of 3 out of 10.
VGK Vanguard FTSE Europe ETF
- Europe Equities
The VGK ETF, which replicates an all-cap index of European securities, collapses distinctly by 3.09% in October. The performance over a period of 1 year of this ETF is 12%. The trend in November is bearish. The degree of risk of this ETF in November is medium with a Risk Score stable of 4 out of 10.
EFA iShares MSCI EAFE ETF
- Europe, Australia and Far East Equities
The EFA ETF from iShares, which tracks an index composed of companies from Europe, Australia and the Far East, receded 2.90% in October. The evolution of the performance of this equity over 1 year is 11.86%. The trend in November is bearish. The degree of risk of this equity in November is medium with a Risk Score in growth of 4 out of 10.
SPY SPDR S&P 500 ETF
- S&P 500
The SPY ETF, which mimics the US large-cap space, receded 2.17% in October. The performance over a period of 1 year of this equity is 8.29%. The trend in November is negative. The degree of risk of this equity in November is medium with a Risk Score stable of 4 out of 10.
IEF iShares 7-10 Year Treasury Bond ETF
- Intermediate-term US Treasuries
The IEF ETF, which follows the ICE U.S. Treasury 7-10 Year Bond Index, fell 2.18% in October. The performance over a period of 1 year of this ETF is -5.32%. The trend in November is bearish. The level of risk of this ETF in November is low with a Risk Score in decline of 2 out of 10.
LQD iShares iBoxx $ Investment Grade Corporate Bond
- US Corporate Bonds
The LQD ETF from iShares, which replicates a broad range of U.S. investment grade corporate bonds, dropped 2.79% in October. The performance over a period of 1 year of this equity is -1.98%. The trend in November is bearish. The degree of risk of this equity in November is low with a Risk Score stable of 2 out of 10.
EWJ iShares MSCI JAPAN ETF
- Japan Equities
The EWJ ETF, which monitors the Japanese market, retreated 2.21% in October. The performance over a period of 1 year of this equity is 18.37%. The trend in November is negative. The level of risk of this equity in November is low with a Risk Score unchanged of 3 out of 10.
BND Vanguard Total Bond Market ETF
- US Total Bond Market
The BND Exchange-Traded Fund from Vanguard, which replicates investment grade, US dollar-denominated bond market debt securities, fell 1.79% in October. The evolution of the performance of this ETF over 1 year is -2.86%. The trend in this month is negative. The degree of risk of this ETF in this month is low with a Risk Score steady of 3 out of 10.
JNK SPDR Bloomberg High Yield Bond
- High Yield Bonds
The JNK ETF from SPDR, which follows US high yield bonds, receded 1.64% in October. The performance over a period of 1 year of this equity is -2.22%. The trend in November is bearish. The level of risk of this equity in November is low with a Risk Score constant of 1 out of 10.
Compliance disclaimer
This communication is for information and education purposes only and should not be taken as investment advice, a personal recommendation,
or an offer of, or solicitation to buy or sell, any financial instruments.
Natevia makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication,
which has been prepared utilizing publicly-available information.
Past Performance is not indicative of future results.