Xtrackers California Municipal Etf Buy Hold or Sell Recommendation

CA Etf  USD 25.23  0.02  0.08%   
Allowing for the 90-day total investment horizon and your above-average risk tolerance, our recommendation regarding Xtrackers California Municipal is 'Cautious Hold'. Macroaxis provides Xtrackers California buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding CA positions. The advice algorithm takes into account all of Xtrackers California's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Xtrackers California's buy or sell advice are summarized below:
Real Value
25.23
Hype Value
25.23
Market Value
25.23
Naive Value
25.17
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Xtrackers California Municipal given historical horizon and risk tolerance towards Xtrackers California. When Macroaxis issues a 'buy' or 'sell' recommendation for Xtrackers California Municipal, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Xtrackers California 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 Xtrackers and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Xtrackers California Municipal. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

Execute Xtrackers California Buy or Sell Advice

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

Time Horizon

Risk Tolerance

Execute Advice
Sell Xtrackers CaliforniaBuy Xtrackers California
Cautious Hold

Market Performance

Very WeakDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Barely shadows the marketDetails

Investor Sentiment

AlarmedDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon Xtrackers California Municipal has a Mean Deviation of 0.1418, Semi Deviation of 0.2015, Standard Deviation of 0.2042, Variance of 0.0417, Downside Variance of 0.0566 and Semi Variance of 0.0406
Our trade advice module complements current analysts and expert consensus on Xtrackers California Municipal. It analyzes the entity potential to grow using all fundamental, technical, and market related data available at the time. To make sure Xtrackers California Municipal is not overpriced, please check out all Xtrackers California fundamentals, including its number of shares shorted, revenue, cash and equivalents, as well as the relationship between the price to book and ebitda .

Xtrackers California Trading Alerts and Improvement Suggestions

Xtrackers California generated a negative expected return over the last 90 days
Xtrackers California Municipal reports about 3.33 B in cash with (526.38 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.14.
Roughly 72.0% of the company shares are held by institutions such as insurance companies
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Xtrackers California Returns Distribution Density

The distribution of Xtrackers California's historical returns is an attempt to chart the uncertainty of Xtrackers California's future price movements. The chart of the probability distribution of Xtrackers California daily returns describes the distribution of returns around its average expected value. We use Xtrackers California Municipal price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Xtrackers California returns is essential to provide solid investment advice for Xtrackers California.
Mean Return
0
Value At Risk
-0.28
Potential Upside
0.32
Standard Deviation
0.20
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Xtrackers California 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.

Xtrackers California 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 Xtrackers California or Municipals ETFs 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 Xtrackers California'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 Xtrackers 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
-0.02
β
Beta against NYSE Composite0.11
σ
Overall volatility
0.21
Ir
Information ratio -0.65

Xtrackers California Volatility Alert

Xtrackers California Municipal exhibits very low volatility with skewness of -0.46 and kurtosis of 2.4. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Xtrackers California'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 Xtrackers California'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.

Xtrackers California Fundamentals Vs Peers

Comparing Xtrackers California'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 Xtrackers California's direct or indirect competition across all of the common fundamentals between Xtrackers California and the related equities. This way, we can detect undervalued stocks with similar characteristics as Xtrackers California or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of Xtrackers California's fundamental indicators could also be used in its relative valuation, which is a method of valuing Xtrackers California by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Xtrackers California to competition
FundamentalsXtrackers CaliforniaPeer Average
Price To Earning40.11 X3.15 X
Price To Book2.34 X0.39 X
Price To Sales4.48 X0.33 X
Beta0.75
Five Year Return3.16 %1.12 %
Last Dividend Paid1.020.14

Xtrackers California Market Momentum

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

When is the right time to buy or sell Xtrackers California Municipal? Buying financial instruments such as Xtrackers 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.

Use Investing Ideas to Build Portfolios

In addition to having Xtrackers California 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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Warren Buffett Holdings
Warren Buffett Holdings Theme
A long-term portfolio of publicly-traded stocks on US exchanges that are owned by Warren Buffett's holding company Berkshire Hathaway. The Warren Buffett Holdings theme has 45 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 Warren Buffett Holdings Theme or any other thematic opportunities.
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When determining whether Xtrackers California offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Xtrackers California's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Xtrackers California Municipal Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Xtrackers California Municipal Etf:
Check out Xtrackers California 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 Xtrackers California information on this page should be used as a complementary analysis to other Xtrackers California'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 ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.

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The market value of Xtrackers California is measured differently than its book value, which is the value of Xtrackers that is recorded on the company's balance sheet. Investors also form their own opinion of Xtrackers California's value that differs from its market value or its book value, called intrinsic value, which is Xtrackers California's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Xtrackers California's market value can be influenced by many factors that don't directly affect Xtrackers California's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Xtrackers California's value and its price as these two are different measures arrived at by different means. Investors typically determine if Xtrackers California is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Xtrackers California'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.