Primecap Odyssey Stock Fund Buy Hold or Sell Recommendation

POSKX Fund  USD 41.39  0.08  0.19%   
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Primecap Odyssey Stock is 'Strong Hold'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Primecap Odyssey Stock given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Primecap Odyssey Stock, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Primecap Odyssey 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 Primecap and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Primecap Odyssey Stock. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in industry.

Execute Primecap Odyssey Buy or Sell Advice

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

Time Horizon

Risk Tolerance

Execute Advice
Sell Primecap OdysseyBuy Primecap Odyssey
Strong Hold

Market Performance

GoodDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

OvervaluedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Moves indifferently to market movesDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon Primecap Odyssey Stock has a Risk Adjusted Performance of 0.1044, Jensen Alpha of (0.01), Total Risk Alpha of (0.04), Sortino Ratio of (0.04) and Treynor Ratio of 0.1135
Primecap Odyssey advice module can be used to check and cross-verify current recommendation provided by analysts analyzing the entity's potential to grow using all of fundamental, technical, data market data available at the time. Use Primecap Odyssey Stock annual yield and net asset to ensure your buy or sell decision on Primecap Odyssey Stock is adequate.

Primecap Odyssey Trading Alerts and Improvement Suggestions

The fund maintains 96.78% of its assets in stocks

Primecap Odyssey Returns Distribution Density

The distribution of Primecap Odyssey's historical returns is an attempt to chart the uncertainty of Primecap Odyssey's future price movements. The chart of the probability distribution of Primecap Odyssey daily returns describes the distribution of returns around its average expected value. We use Primecap Odyssey Stock price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Primecap Odyssey returns is essential to provide solid investment advice for Primecap Odyssey.
Mean Return
0.11
Value At Risk
-1.3
Potential Upside
1.27
Standard Deviation
0.76
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Primecap Odyssey 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.

Primecap Odyssey 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 Primecap Odyssey or PRIMECAP Odyssey Funds 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 Primecap Odyssey's price will be affected by overall mutual fund 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 Primecap fund'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
-0.01
β
Beta against Dow Jones0.85
σ
Overall volatility
0.74
Ir
Information ratio -0.04

Primecap Odyssey Volatility Alert

Primecap Odyssey Stock exhibits relatively low volatility with skewness of -0.03 and kurtosis of 0.26. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Primecap Odyssey's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Primecap Odyssey's mutual fund 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.

Primecap Odyssey Fundamentals Vs Peers

Comparing Primecap Odyssey'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 Primecap Odyssey's direct or indirect competition across all of the common fundamentals between Primecap Odyssey and the related equities. This way, we can detect undervalued stocks with similar characteristics as Primecap Odyssey or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Primecap Odyssey's fundamental indicators could also be used in its relative valuation, which is a method of valuing Primecap Odyssey by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Primecap Odyssey to competition
FundamentalsPrimecap OdysseyPeer Average
Price To Earning17.00 X6.53 X
Price To Book2.65 X0.74 X
Price To Sales1.49 X0.61 X
Annual Yield0.01 %0.29 %
Year To Date Return17.19 %0.39 %
One Year Return24.51 %4.15 %
Three Year Return8.32 %3.60 %
Five Year Return12.29 %3.24 %
Ten Year Return11.43 %1.79 %
Net Asset5.8 B4.11 B
Minimum Initial Investment2 K976.16 K
Last Dividend Paid0.480.65
Cash Position Weight3.22 %10.61 %
Equity Positions Weight96.78 %63.90 %

Primecap Odyssey Market Momentum

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

When is the right time to buy or sell Primecap Odyssey Stock? Buying financial instruments such as Primecap Mutual Fund 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 Primecap Odyssey 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.

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Long Short Funds Theme
Funds or Etfs that are designed to hedge away market risk by investing in combination of bonds, stocks, derivative instruments as well as short positions to maximize returns irrespective of market conditions. The Long Short Funds 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 Long Short Funds Theme or any other thematic opportunities.
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