NewFunds TRACI (South Africa) Buy Hold or Sell Recommendation
| STXTRA Etf | 3,515 5.00 0.14% |
Assuming the 90 days trading horizon and your bold attitude towards risk, our recommendation regarding NewFunds TRACI 3 is 'Cautious Hold'. Macroaxis provides NewFunds TRACI buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding STXTRA positions.
Check out World Market Map 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 metropolitan statistical area. Note, we conduct extensive research on individual funds such as NewFunds and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards NewFunds TRACI 3. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
NewFunds |
Execute NewFunds TRACI Buy or Sell Advice
The NewFunds recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on NewFunds TRACI 3. Macroaxis does not own or have any residual interests in NewFunds TRACI 3 or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute NewFunds TRACI's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details |
NewFunds TRACI Returns Distribution Density
The distribution of NewFunds TRACI's historical returns is an attempt to chart the uncertainty of NewFunds TRACI's future price movements. The chart of the probability distribution of NewFunds TRACI daily returns describes the distribution of returns around its average expected value. We use NewFunds TRACI 3 price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of NewFunds TRACI returns is essential to provide solid investment advice for NewFunds TRACI.
| Mean Return | 0.03 | Value At Risk | -0.09 | Potential Upside | 0.14 | Standard Deviation | 0.35 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of NewFunds TRACI 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.
NewFunds TRACI 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 NewFunds TRACI or NewFunds 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 NewFunds TRACI'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 NewFunds 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 | 0.03 | |
β | Beta against Dow Jones | -0.11 | |
σ | Overall volatility | 0.36 | |
Ir | Information ratio | -0.23 |
NewFunds TRACI Volatility Alert
NewFunds TRACI 3 exhibits relatively low volatility with skewness of 0.14 and kurtosis of 30.36. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure NewFunds TRACI'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 NewFunds TRACI'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.NewFunds TRACI Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as NewFunds . 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.
Use Investing Ideas to Build Portfolios
In addition to having NewFunds TRACI 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 Synthetics Thematic Idea Now
Synthetics
Companies involved in production of silicon and other synthetic products . The Synthetics theme has 44 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 Synthetics Theme or any other thematic opportunities.
| View All Next | Launch |