FNB ETN (South Africa) Buy Hold or Sell Recommendation

MWETNQ Etf   1,692  0.00  0.00%   
Assuming the 90 days trading horizon and your highly speculative risk level, our recommendation regarding FNB ETN on is 'Not Rated'. Macroaxis provides FNB ETN buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding FNB ETN positions.
  
Check out Correlation Analysis to better understand how to build diversified portfolios. 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.
Note, we conduct extensive research on individual funds such as FNB and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards FNB ETN on. 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 FNB ETN Buy or Sell Advice

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

Time Horizon

Risk Tolerance

Execute Advice
Sell FNB ETNBuy FNB ETN
Not Rated
For the selected time horizon FNB ETN on has a Risk Adjusted Performance of 0.0588, Jensen Alpha of 0.0875, Total Risk Alpha of (0.10), Sortino Ratio of (0.03) and Treynor Ratio of (0.68)
Macroaxis provides trade advice on FNB ETN on to complement and cross-verify current analyst consensus on FNB ETN. Our advice engine determines the etf's potential to grow exclusively from the perspective of an investor's current risk tolerance and investing horizon.

FNB ETN Trading Alerts and Improvement Suggestions

FNB ETN on is not yet fully synchronised with the market data

FNB ETN Returns Distribution Density

The distribution of FNB ETN's historical returns is an attempt to chart the uncertainty of FNB ETN's future price movements. The chart of the probability distribution of FNB ETN daily returns describes the distribution of returns around its average expected value. We use FNB ETN on price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of FNB ETN returns is essential to provide solid investment advice for FNB ETN.
Mean Return
0.08
Value At Risk
-1.42
Potential Upside
2.44
Standard Deviation
1.17
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of FNB ETN 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.

FNB ETN Market Momentum

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

When is the right time to buy or sell FNB ETN on? Buying financial instruments such as FNB 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 FNB ETN 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 Cigarettes Thematic Idea Now

Cigarettes
Cigarettes Theme
Tobacco makers and distributors across globe. The Cigarettes theme has 47 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 Cigarettes Theme or any other thematic opportunities.
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Other Information on Investing in FNB Etf

FNB ETN financial ratios help investors to determine whether FNB 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 FNB with respect to the benefits of owning FNB ETN security.