Koncar Elektroindustrij (Croatia) Buy Hold or Sell Recommendation
| KOEI Stock | 408.00 2.00 0.49% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Koncar Elektroindustrija dd is 'Strong Hold'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Koncar Elektroindustrija dd given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Koncar Elektroindustrija dd, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Koncar Elektroindustrij 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 companies such as Koncar and provide practical buy, sell, or hold advice based on investors' constraints. Koncar Elektroindustrija dd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Koncar |
Execute Koncar Elektroindustrij Buy or Sell Advice
The Koncar recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Koncar Elektroindustrija dd. Macroaxis does not own or have any residual interests in Koncar Elektroindustrija dd or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Koncar Elektroindustrij's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Koncar Elektroindustrij Returns Distribution Density
The distribution of Koncar Elektroindustrij's historical returns is an attempt to chart the uncertainty of Koncar Elektroindustrij's future price movements. The chart of the probability distribution of Koncar Elektroindustrij daily returns describes the distribution of returns around its average expected value. We use Koncar Elektroindustrija dd price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Koncar Elektroindustrij returns is essential to provide solid investment advice for Koncar Elektroindustrij.
| Mean Return | 0.15 | Value At Risk | -1.96 | Potential Upside | 1.97 | Standard Deviation | 1.52 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Koncar Elektroindustrij 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.
Koncar Elektroindustrij 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 Koncar Elektroindustrij or Industrials 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 Koncar Elektroindustrij's price will be affected by overall stock 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 Koncar stock'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 | 0.13 | |
β | Beta against Dow Jones | 0.06 | |
σ | Overall volatility | 1.55 | |
Ir | Information ratio | 0.02 |
Koncar Elektroindustrij Volatility Alert
Koncar Elektroindustrija dd has relatively low volatility with skewness of 1.65 and kurtosis of 8.12. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Koncar Elektroindustrij's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Koncar Elektroindustrij's stock 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.Koncar Elektroindustrij Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Koncar . 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 Koncar Elektroindustrij Buy or Sell Advice
When is the right time to buy or sell Koncar Elektroindustrija dd? Buying financial instruments such as Koncar Stock 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.
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Additional Tools for Koncar Stock Analysis
When running Koncar Elektroindustrij's price analysis, check to measure Koncar Elektroindustrij's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Koncar Elektroindustrij is operating at the current time. Most of Koncar Elektroindustrij's value examination focuses on studying past and present price action to predict the probability of Koncar Elektroindustrij's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Koncar Elektroindustrij's price. Additionally, you may evaluate how the addition of Koncar Elektroindustrij to your portfolios can decrease your overall portfolio volatility.