ALPHA ETF (Greece) Buy Hold or Sell Recommendation
| AETF Etf | EUR 33.74 0.34 1.02% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding ALPHA ETF FTSE is 'Cautious Hold'. Macroaxis provides ALPHA ETF buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding AETF positions. The advice algorithm takes into account all of ALPHA ETF's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting ALPHA ETF's buy or sell advice are summarized below:
Real Value 33.84 | Hype Value 33.74 | Market Value 33.74 | Naive Value 33.51 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell ALPHA ETF FTSE given historical horizon and risk tolerance towards ALPHA ETF. When Macroaxis issues a 'buy' or 'sell' recommendation for ALPHA ETF FTSE, the advice is generated through an automated system that utilizes algorithms and statistical models.
ALPHA |
Execute ALPHA ETF Buy or Sell Advice
The ALPHA recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on ALPHA ETF FTSE. Macroaxis does not own or have any residual interests in ALPHA ETF FTSE or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute ALPHA ETF's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | About Average | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Analyst Consensus | Not Available | Details |
ALPHA ETF Returns Distribution Density
The distribution of ALPHA ETF's historical returns is an attempt to chart the uncertainty of ALPHA ETF's future price movements. The chart of the probability distribution of ALPHA ETF daily returns describes the distribution of returns around its average expected value. We use ALPHA ETF FTSE price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of ALPHA ETF returns is essential to provide solid investment advice for ALPHA ETF.
| Mean Return | 0.02 | Value At Risk | -1.67 | Potential Upside | 1.43 | Standard Deviation | 1.11 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of ALPHA ETF 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.
ALPHA ETF 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 ALPHA ETF or ALPHA 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 ALPHA ETF'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 ALPHA 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 NYSE Composite | -0.006 | |
β | Beta against NYSE Composite | 0.32 | |
σ | Overall volatility | 1.14 | |
Ir | Information ratio | -0.04 |
ALPHA ETF Volatility Alert
ALPHA ETF FTSE has relatively low volatility with skewness of -1.66 and kurtosis of 6.02. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure ALPHA ETF'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 ALPHA ETF'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.ALPHA ETF Fundamentals Vs Peers
Comparing ALPHA ETF'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 ALPHA ETF's direct or indirect competition across all of the common fundamentals between ALPHA ETF and the related equities. This way, we can detect undervalued stocks with similar characteristics as ALPHA ETF or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of ALPHA ETF's fundamental indicators could also be used in its relative valuation, which is a method of valuing ALPHA ETF by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare ALPHA ETF to competition |
| Fundamentals | ALPHA ETF | Peer Average |
| Last Dividend Paid | 0.43 | 0.14 |
ALPHA ETF Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as ALPHA . 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 ALPHA ETF Buy or Sell Advice
When is the right time to buy or sell ALPHA ETF FTSE? Buying financial instruments such as ALPHA 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 ALPHA ETF 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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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 Climate Change Theme or any other thematic opportunities.
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Check out ALPHA ETF 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. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Please note, there is a significant difference between ALPHA ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if ALPHA ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ALPHA ETF's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.