Agf American Growth Fund Buy Hold or Sell Recommendation
| AGF5036 Fund | 72.25 0.65 0.89% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding AGF American Growth is 'Strong Buy'. Macroaxis provides AGF American buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding AGF5036 positions.
Check out Trending Equities to better understand how to build diversified portfolios. 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. Note, we conduct extensive research on individual funds such as AGF and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards AGF American Growth. 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.
AGF |
Execute AGF American Buy or Sell Advice
The AGF recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on AGF American Growth. Macroaxis does not own or have any residual interests in AGF American Growth or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute AGF American's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | Solid | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Economic Sensitivity | Barely shadows the market | Details |
AGF American thematic classifications
 | Large Growth FundsFunds with large capitalization growth equities |
AGF American Returns Distribution Density
The distribution of AGF American's historical returns is an attempt to chart the uncertainty of AGF American's future price movements. The chart of the probability distribution of AGF American daily returns describes the distribution of returns around its average expected value. We use AGF American Growth price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of AGF American returns is essential to provide solid investment advice for AGF American.
| Mean Return | 0.20 | Value At Risk | -1.38 | Potential Upside | 1.37 | Standard Deviation | 0.96 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of AGF American 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.
AGF American 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 AGF American or Large Growth Funds 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 AGF American'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 AGF 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 | 0.19 | |
β | Beta against Dow Jones | 0.06 | |
σ | Overall volatility | 0.99 | |
Ir | Information ratio | 0.18 |
AGF American Volatility Alert
AGF American Growth has low volatility with Treynor Ratio of 3.37, Maximum Drawdown of 5.87 and kurtosis of 1.66. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure AGF American'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 AGF American'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.AGF American Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as AGF . 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 | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 72.25 | |||
| Day Typical Price | 72.25 | |||
| Price Action Indicator | (0.33) | |||
| Period Momentum Indicator | (0.65) |
Use Investing Ideas to Build Portfolios
In addition to having AGF American 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 Climate Change Thematic Idea Now
Climate Change
Large and medium sized entities that are committing to fully or partially replace some traditional services or products with renewables sources of energy in order to combat global climate change. The Climate Change theme has 41 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 Climate Change Theme or any other thematic opportunities.
| View All Next | Launch |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance |