361 Global Longshort Fund Buy Hold or Sell Recommendation
AGAQX Fund | USD 12.42 0.01 0.08% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding 361 Global Longshort is 'Cautious Hold'. Macroaxis provides 361 Global buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding AGAQX positions. The advice algorithm takes into account all of 361 Global's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting 361 Global's buy or sell advice are summarized below:
Real Value 13.59 | Hype Value 12.41 | Market Value 12.42 | Naive Value 12.36 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell 361 Global Longshort given historical horizon and risk tolerance towards 361 Global. When Macroaxis issues a 'buy' or 'sell' recommendation for 361 Global Longshort, the advice is generated through an automated system that utilizes algorithms and statistical models.
361 |
Execute 361 Global Buy or Sell Advice
The 361 recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on 361 Global Longshort. Macroaxis does not own or have any residual interests in 361 Global Longshort or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute 361 Global's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
Cautious Hold
Market Performance | Solid | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Analyst Consensus | Not Available | Details |
361 Global Trading Alerts and Improvement Suggestions
The fund holds about 12.6% of its assets under management (AUM) in cash |
361 Global Returns Distribution Density
The distribution of 361 Global's historical returns is an attempt to chart the uncertainty of 361 Global's future price movements. The chart of the probability distribution of 361 Global daily returns describes the distribution of returns around its average expected value. We use 361 Global Longshort price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of 361 Global returns is essential to provide solid investment advice for 361 Global.
Mean Return | 0.14 | Value At Risk | -0.6 | Potential Upside | 0.74 | Standard Deviation | 0.62 |
Return Density |
Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of 361 Global 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.
361 Global 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 361 Global or 361 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 361 Global'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 361 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 NYSE Composite | 0.14 | |
β | Beta against NYSE Composite | -0.09 | |
σ | Overall volatility | 0.40 | |
Ir | Information ratio | 0.01 |
361 Global Volatility Alert
361 Global Longshort has low volatility with Treynor Ratio of -1.5, Maximum Drawdown of 5.53 and kurtosis of 10.73. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure 361 Global'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 361 Global'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.361 Global Fundamentals Vs Peers
Comparing 361 Global'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 361 Global's direct or indirect competition across all of the common fundamentals between 361 Global and the related equities. This way, we can detect undervalued stocks with similar characteristics as 361 Global or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of 361 Global's fundamental indicators could also be used in its relative valuation, which is a method of valuing 361 Global by comparing valuation metrics with those of similar companies.
Better Than Average | Worse Than Average | Compare 361 Global to competition |
Fundamentals | 361 Global | Peer Average |
Price To Earning | 15.71 X | 6.53 X |
Price To Book | 1.88 X | 0.74 X |
Price To Sales | 1.20 X | 0.61 X |
Annual Yield | 0.03 % | 0.29 % |
Year To Date Return | 8.29 % | 0.39 % |
One Year Return | 16.14 % | 4.15 % |
Three Year Return | 5.04 % | 3.60 % |
Five Year Return | 3.90 % | 3.24 % |
Net Asset | 647.88 M | 4.11 B |
Cash Position Weight | 12.60 % | 10.61 % |
Equity Positions Weight | 69.81 % | 63.90 % |
361 Global Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as 361 . 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.
Daily Balance Of Power | 9.2 T | |||
Rate Of Daily Change | 1.0 | |||
Day Median Price | 12.42 | |||
Day Typical Price | 12.42 | |||
Price Action Indicator | 0.005 | |||
Period Momentum Indicator | 0.01 | |||
Relative Strength Index | 66.58 |
About 361 Global Buy or Sell Advice
When is the right time to buy or sell 361 Global Longshort? Buying financial instruments such as 361 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.
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Check out 361 Global 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 Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Complementary Tools for 361 Mutual Fund analysis
When running 361 Global's price analysis, check to measure 361 Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy 361 Global is operating at the current time. Most of 361 Global's value examination focuses on studying past and present price action to predict the probability of 361 Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 361 Global's price. Additionally, you may evaluate how the addition of 361 Global to your portfolios can decrease your overall portfolio volatility.
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