Ninepoint Energy Fund Buy Hold or Sell Recommendation
| 0P0000732C | CAD 27.73 0.16 0.58% |
Assuming the 90 days trading horizon and your complete indifference towards market risk, our recommendation regarding Ninepoint Energy is 'Strong Buy'. Macroaxis provides Ninepoint Energy buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding 0P0000732C positions.
Check out Ninepoint Energy 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 Ninepoint and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Ninepoint Energy. Also, note that the market value of any fund could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Ninepoint |
Execute Ninepoint Energy Buy or Sell Advice
The Ninepoint recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Ninepoint Energy. Macroaxis does not own or have any residual interests in Ninepoint Energy or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Ninepoint Energy's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | 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 | |
Analyst Consensus | Not Available | Details |
Ninepoint Energy Trading Alerts and Improvement Suggestions
| This fund generated-14.0 ten year return of -14.0% | |
| Ninepoint Energy holds all of the total net assets in various exotic instrument |
Ninepoint Energy Returns Distribution Density
The distribution of Ninepoint Energy's historical returns is an attempt to chart the uncertainty of Ninepoint Energy's future price movements. The chart of the probability distribution of Ninepoint Energy daily returns describes the distribution of returns around its average expected value. We use Ninepoint Energy price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Ninepoint Energy returns is essential to provide solid investment advice for Ninepoint Energy.
| Mean Return | -0.05 | Value At Risk | -2.42 | Potential Upside | 2.37 | Standard Deviation | 1.63 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Ninepoint Energy 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.
Ninepoint Energy 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 Ninepoint Energy or Ninepoint Partners LP 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 Ninepoint Energy's price will be affected by overall fund 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 Ninepoint fund'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 | -0.09 | |
β | Beta against Dow Jones | 0.25 | |
σ | Overall volatility | 1.58 | |
Ir | Information ratio | -0.11 |
Ninepoint Energy Volatility Alert
Ninepoint Energy exhibits very low volatility with skewness of -0.46 and kurtosis of 0.06. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Ninepoint Energy's fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Ninepoint Energy's fund 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.Ninepoint Energy Fundamentals Vs Peers
Comparing Ninepoint Energy'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 Ninepoint Energy's direct or indirect competition across all of the common fundamentals between Ninepoint Energy and the related equities. This way, we can detect undervalued stocks with similar characteristics as Ninepoint Energy or determine the funds which would be an excellent addition to an existing portfolio. Peer analysis of Ninepoint Energy's fundamental indicators could also be used in its relative valuation, which is a method of valuing Ninepoint Energy by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Ninepoint Energy to competition |
| Fundamentals | Ninepoint Energy | Peer Average |
| One Year Return | (58.18) % | 4.15 % |
| Three Year Return | (35.32) % | 3.60 % |
| Five Year Return | (27.79) % | 3.24 % |
| Ten Year Return | (14.20) % | 1.79 % |
| Net Asset | 84.45 M | 4.11 B |
| Minimum Initial Investment | 1 K | 976.16 K |
Ninepoint Energy Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Ninepoint . 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.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 27.73 | |||
| Day Typical Price | 27.73 | |||
| Price Action Indicator | 0.08 | |||
| Period Momentum Indicator | 0.16 |
About Ninepoint Energy Buy or Sell Advice
When is the right time to buy or sell Ninepoint Energy? Buying financial instruments such as Ninepoint Fund 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 Ninepoint Energy 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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Other Information on Investing in Ninepoint Fund
Ninepoint Energy financial ratios help investors to determine whether Ninepoint Fund 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 Ninepoint with respect to the benefits of owning Ninepoint Energy security.
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