First Asset Energy Etf Buy Hold or Sell Recommendation
| NXF Etf | CAD 5.79 0.01 0.17% |
Assuming the 90 days trading horizon and your complete indifference towards market risk, our recommendation regarding First Asset Energy is 'Buy'. The recommendation algorithm takes into account all of First Asset's available fundamental, technical, and predictive indicators you will find on this site.
Check out First Asset 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 First and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards First Asset Energy. 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.
First |
Execute First Asset Buy or Sell Advice
The First recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on First Asset Energy. Macroaxis does not own or have any residual interests in First Asset Energy or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute First Asset's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Buy
Market Performance | Very Weak | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Analyst Consensus | Not Available | Details |
First Asset Trading Alerts and Improvement Suggestions
| First Asset Energy generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: CI Energy Giants Cov Call ETF Quote - Press Release - The Globe and Mail | |
| The fund maintains 99.38% of its assets in stocks |
First Asset Returns Distribution Density
The distribution of First Asset's historical returns is an attempt to chart the uncertainty of First Asset's future price movements. The chart of the probability distribution of First Asset daily returns describes the distribution of returns around its average expected value. We use First Asset Energy price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of First Asset returns is essential to provide solid investment advice for First Asset.
| Mean Return | -0.06 | Value At Risk | -2 | Potential Upside | 1.40 | Standard Deviation | 1.14 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of First Asset 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.
First Asset 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 First Asset or CI Investments Inc 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 First Asset'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 First 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 Jones | 0.10 | |
σ | Overall volatility | 1.11 | |
Ir | Information ratio | -0.17 |
First Asset Volatility Alert
First Asset Energy exhibits very low volatility with skewness of -0.75 and kurtosis of 0.63. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure First Asset'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 First Asset'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.First Asset Fundamentals Vs Peers
Comparing First Asset'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 First Asset's direct or indirect competition across all of the common fundamentals between First Asset and the related equities. This way, we can detect undervalued stocks with similar characteristics as First Asset or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of First Asset's fundamental indicators could also be used in its relative valuation, which is a method of valuing First Asset by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare First Asset to competition |
| Fundamentals | First Asset | Peer Average |
| Price To Earning | 22.96 X | 3.15 X |
| Beta | 0.82 | |
| Annual Yield | 0.12 % | 0.28 % |
| One Year Return | 0.80 % | (0.97) % |
| Three Year Return | 15.80 % | 3.23 % |
| Five Year Return | 8.20 % | 1.12 % |
| Net Asset | 42.11 M | 2.29 B |
| Equity Positions Weight | 99.38 % | 52.82 % |
First Asset Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as First . 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.
| Accumulation Distribution | 92.63 | |||
| Daily Balance Of Power | 0.1667 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 5.78 | |||
| Day Typical Price | 5.78 | |||
| Price Action Indicator | 0.015 | |||
| Period Momentum Indicator | 0.01 |
About First Asset Buy or Sell Advice
When is the right time to buy or sell First Asset Energy? Buying financial instruments such as First 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.
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In addition to having First Asset 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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Other Information on Investing in First Etf
First Asset financial ratios help investors to determine whether First 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 First with respect to the benefits of owning First Asset security.