361 Global Longshort Fund Buy Hold or Sell Recommendation

AGAZX Fund  USD 12.56  0.02  0.16%   
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding 361 Global Longshort is 'Strong 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 AGAZX 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
12.44
Hype Value
12.56
Market Value
12.56
Naive Value
12.51
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.
  
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.
In addition, we conduct extensive research on individual funds such as 361 and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards 361 Global Longshort. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

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

Execute Advice
Sell 361 GlobalBuy 361 Global
Strong Hold

Market Performance

StrongDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds Of Distress

Below AverageDetails

Economic Sensitivity

Slowly supersedes the marketDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon 361 Global Longshort has a Risk Adjusted Performance of 0.1125, Jensen Alpha of 0.0712, Total Risk Alpha of (0.03), Sortino Ratio of (0) and Treynor Ratio of 0.2988
Our trade recommendation tool can cross-verify current analyst consensus on 361 Global Longshort and to analyze the fund potential to grow this quarter and beyond. Use 361 Global Longshort price to earning, year to date return, as well as the relationship between the Year To Date Return and cash position weight to ensure your buy or sell decision on 361 Global Longshort is adequate.

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
0.13
Value At Risk
-0.59
Potential Upside
0.73
Standard Deviation
0.66
   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
0.07
β
Beta against NYSE Composite0.41
σ
Overall volatility
0.40
Ir
Information ratio -0.0036

361 Global Volatility Alert

361 Global Longshort has low volatility with Treynor Ratio of 0.3, Maximum Drawdown of 6.15 and kurtosis of 13.38. 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
Fundamentals361 GlobalPeer Average
Price To Earning15.71 X6.53 X
Price To Book1.88 X0.74 X
Price To Sales1.20 X0.61 X
Annual Yield0.03 %0.29 %
Year To Date Return8.46 %0.39 %
One Year Return16.51 %4.15 %
Three Year Return5.39 %3.60 %
Five Year Return4.26 %3.24 %
Net Asset647.88 M4.11 B
Last Dividend Paid0.030.65
Cash Position Weight12.60 %10.61 %
Equity Positions Weight69.81 %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.

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.

Use Investing Ideas to Build Portfolios

In addition to having 361 Global 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 Farming Thematic Idea Now

Farming
Farming Theme
Companies producing farming products and providing services for farmers. The Farming theme has 48 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 Farming Theme or any other thematic opportunities.
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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.
Note that the 361 Global Longshort information on this page should be used as a complementary analysis to other 361 Global's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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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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Please note, there is a significant difference between 361 Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if 361 Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 361 Global'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.