Evolve Cyber Security Etf Buy Hold or Sell Recommendation
| CYBR Etf | CAD 52.27 0.25 0.48% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Evolve Cyber Security is 'Hold'. The recommendation algorithm takes into account all of Evolve Cyber's available fundamental, technical, and predictive indicators you will find on this site.
Check out Evolve Cyber 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 Evolve and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Evolve Cyber Security. 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.
Evolve |
Execute Evolve Cyber Buy or Sell Advice
The Evolve recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Evolve Cyber Security. Macroaxis does not own or have any residual interests in Evolve Cyber Security or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Evolve Cyber's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Analyst Consensus | Not Available | Details |
Evolve Cyber Trading Alerts and Improvement Suggestions
| Latest headline from news.google.com: Notable ETF Inflow Detected - EFG, CHKP, CYBR, MNDY - Nasdaq |
Evolve Cyber Returns Distribution Density
The distribution of Evolve Cyber's historical returns is an attempt to chart the uncertainty of Evolve Cyber's future price movements. The chart of the probability distribution of Evolve Cyber daily returns describes the distribution of returns around its average expected value. We use Evolve Cyber Security price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Evolve Cyber returns is essential to provide solid investment advice for Evolve Cyber.
| Mean Return | 0.1 | Value At Risk | -2.23 | Potential Upside | 1.86 | Standard Deviation | 1.23 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Evolve Cyber 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.
Evolve Cyber 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 Evolve Cyber or Oil, Gas & Consumable Fuels 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 Evolve Cyber'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 Evolve 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 | 0.02 | |
β | Beta against Dow Jones | 0.54 | |
σ | Overall volatility | 1.23 | |
Ir | Information ratio | -0.03 |
Evolve Cyber Volatility Alert
Evolve Cyber Security has relatively low volatility with skewness of -0.15 and kurtosis of 0.67. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Evolve Cyber'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 Evolve Cyber'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.Evolve Cyber Fundamentals Vs Peers
Comparing Evolve Cyber'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 Evolve Cyber's direct or indirect competition across all of the common fundamentals between Evolve Cyber and the related equities. This way, we can detect undervalued stocks with similar characteristics as Evolve Cyber or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of Evolve Cyber's fundamental indicators could also be used in its relative valuation, which is a method of valuing Evolve Cyber by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Evolve Cyber to competition |
| Fundamentals | Evolve Cyber | Peer Average |
| Beta | 0.78 | |
| Annual Yield | 0 % | 0.28 % |
| One Year Return | 27.60 % | (0.97) % |
| Three Year Return | 2.10 % | 3.23 % |
| Five Year Return | 12.70 % | 1.12 % |
| Net Asset | 74.37 M | 2.29 B |
| Last Dividend Paid | 0.005 | 0.14 |
| Equity Positions Weight | 51.81 % | 52.82 % |
Evolve Cyber Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Evolve . 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 Evolve Cyber Buy or Sell Advice
When is the right time to buy or sell Evolve Cyber Security? Buying financial instruments such as Evolve 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 Evolve Cyber 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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Entities that are involved in raising capital, merging with and acquiring companies, and investing in private equity through leveraged buyouts. The SPAC theme has 25 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 SPAC Theme or any other thematic opportunities.
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Other Information on Investing in Evolve Etf
Evolve Cyber financial ratios help investors to determine whether Evolve Etf 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 Evolve with respect to the benefits of owning Evolve Cyber security.