Capital Group New Etf Buy Hold or Sell Recommendation

CGNG Etf   25.20  0.06  0.24%   
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Capital Group New is 'Hold'. Macroaxis provides Capital Group buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding CGNG positions.
  
Check out Capital Group 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 Capital and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Capital Group New. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Execute Capital Group Buy or Sell Advice

The Capital recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Capital Group New. Macroaxis does not own or have any residual interests in Capital Group New or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Capital Group's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Capital GroupBuy Capital Group
Hold

Market Performance

Very WeakDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Slowly supersedes the marketDetails

Investor Sentiment

ImpartialDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon Capital Group New has a Risk Adjusted Performance of (0.01), Jensen Alpha of (0.08), Total Risk Alpha of (0.17) and Treynor Ratio of (0.05)
Our investment recommendation module complements current analysts and expert consensus on Capital Group. It analyzes the entity potential to grow using all fundamental, technical, and market related data available at the time.

Capital Group Trading Alerts and Improvement Suggestions

Capital Group New generated a negative expected return over the last 90 days

Capital Group Returns Distribution Density

The distribution of Capital Group's historical returns is an attempt to chart the uncertainty of Capital Group's future price movements. The chart of the probability distribution of Capital Group daily returns describes the distribution of returns around its average expected value. We use Capital Group New price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Capital Group returns is essential to provide solid investment advice for Capital Group.
Mean Return
-0.01
Value At Risk
-1.64
Potential Upside
1.43
Standard Deviation
0.91
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Capital Group 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.

Capital Group 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 Capital Group or Diversified Emerging Mkts 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 Capital Group'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 Capital 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
-0.08
β
Beta against Dow Jones0.46
σ
Overall volatility
0.93
Ir
Information ratio -0.16

Capital Group Volatility Alert

Capital Group New exhibits very low volatility with skewness of 0.11 and kurtosis of 0.79. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Capital Group'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 Capital Group'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.

Capital Group Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Capital . 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 Capital Group Buy or Sell Advice

When is the right time to buy or sell Capital Group New? Buying financial instruments such as Capital 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 Capital Group 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 Small Growth Funds Thematic Idea Now

Small Growth Funds
Small Growth Funds Theme
Funds or Etfs that invest in stocks of small to mid-sized companies with above-average risk and growth rate that usually reinvest their earnings back into business. The Small Growth Funds theme has 37 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 Small Growth Funds Theme or any other thematic opportunities.
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When determining whether Capital Group New is a strong investment it is important to analyze Capital Group's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Capital Group's future performance. For an informed investment choice regarding Capital Etf, refer to the following important reports:
Check out Capital Group 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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
The market value of Capital Group New is measured differently than its book value, which is the value of Capital that is recorded on the company's balance sheet. Investors also form their own opinion of Capital Group's value that differs from its market value or its book value, called intrinsic value, which is Capital Group'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 Capital Group's market value can be influenced by many factors that don't directly affect Capital Group'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 Capital Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Capital Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Capital Group'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.