Oil Equipment Services Fund Buy Hold or Sell Recommendation
OEPSX Fund | USD 101.41 2.16 2.18% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Oil Equipment Services is 'Strong Sell'. Macroaxis provides Oil Equipment buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding OEPSX positions. The advice algorithm takes into account all of Oil Equipment's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Oil Equipment's buy or sell advice are summarized below:
Real Value 90.86 | Hype Value 101.41 | Market Value 101.41 | Naive Value 100.24 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Oil Equipment Services given historical horizon and risk tolerance towards Oil Equipment. When Macroaxis issues a 'buy' or 'sell' recommendation for Oil Equipment Services, the advice is generated through an automated system that utilizes algorithms and statistical models.
Oil |
Execute Oil Equipment Buy or Sell Advice
The Oil recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Oil Equipment Services. Macroaxis does not own or have any residual interests in Oil Equipment Services or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Oil Equipment's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
Strong Sell
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Analyst Consensus | Not Available | Details |
Oil Equipment Trading Alerts and Improvement Suggestions
Oil Equipment Services generated-22.0 ten year return of -22.0% | |
This fund maintains about 17.29% of its assets in cash |
Oil Equipment Returns Distribution Density
The distribution of Oil Equipment's historical returns is an attempt to chart the uncertainty of Oil Equipment's future price movements. The chart of the probability distribution of Oil Equipment daily returns describes the distribution of returns around its average expected value. We use Oil Equipment Services price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Oil Equipment returns is essential to provide solid investment advice for Oil Equipment.
Mean Return | 0.18 | Value At Risk | -3.65 | Potential Upside | 3.60 | Standard Deviation | 2.28 |
Return Density |
Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Oil Equipment 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.
Oil Equipment 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 Oil Equipment or ProFunds 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 Oil Equipment'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 Oil 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 | 0.13 | |
β | Beta against NYSE Composite | 0.33 | |
σ | Overall volatility | 2.28 | |
Ir | Information ratio | 0.02 |
Oil Equipment Volatility Alert
Oil Equipment Services currently demonstrates below-average downside deviation. It has Information Ratio of 0.02 and Jensen Alpha of 0.13. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Oil Equipment'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 Oil Equipment'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.Oil Equipment Fundamentals Vs Peers
Comparing Oil Equipment'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 Oil Equipment's direct or indirect competition across all of the common fundamentals between Oil Equipment and the related equities. This way, we can detect undervalued stocks with similar characteristics as Oil Equipment or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Oil Equipment's fundamental indicators could also be used in its relative valuation, which is a method of valuing Oil Equipment by comparing valuation metrics with those of similar companies.
Better Than Average | Worse Than Average | Compare Oil Equipment to competition |
Fundamentals | Oil Equipment | Peer Average |
Price To Earning | 24.34 X | 6.53 X |
Price To Book | 1.51 X | 0.74 X |
Price To Sales | 1.75 X | 0.61 X |
Year To Date Return | 12.82 % | 0.39 % |
One Year Return | 41.90 % | 4.15 % |
Three Year Return | 21.32 % | 3.60 % |
Five Year Return | (12.06) % | 3.24 % |
Ten Year Return | (22.27) % | 1.79 % |
Net Asset | 8.11 M | 4.11 B |
Last Dividend Paid | 0.02 | 0.65 |
Cash Position Weight | 17.29 % | 10.61 % |
Equity Positions Weight | 77.70 % | 63.90 % |
Oil Equipment Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Oil . 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 | 1.02 | |||
Day Median Price | 101.41 | |||
Day Typical Price | 101.41 | |||
Price Action Indicator | 1.08 | |||
Period Momentum Indicator | 2.16 | |||
Relative Strength Index | 54.76 |
About Oil Equipment Buy or Sell Advice
When is the right time to buy or sell Oil Equipment Services? Buying financial instruments such as Oil 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 Oil Equipment 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 Utilities ETFs Thematic Idea Now
Utilities ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Utilities ETFs theme has 13 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 Utilities ETFs Theme or any other thematic opportunities.
View All Next | Launch |
Check out Oil Equipment 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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Complementary Tools for Oil Mutual Fund analysis
When running Oil Equipment's price analysis, check to measure Oil Equipment'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 Oil Equipment is operating at the current time. Most of Oil Equipment's value examination focuses on studying past and present price action to predict the probability of Oil Equipment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oil Equipment's price. Additionally, you may evaluate how the addition of Oil Equipment to your portfolios can decrease your overall portfolio volatility.
Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
CEOs Directory Screen CEOs from public companies around the world | |
Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine |