Etracs 2xmonthly Pay Etf Buy Hold or Sell Recommendation
| PFFL Etf | USD 9.61 0.21 2.23% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding ETRACS 2xMonthly Pay is 'Cautious Hold'. Macroaxis provides ETRACS 2xMonthly buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding PFFL positions. The advice algorithm takes into account all of ETRACS 2xMonthly's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting ETRACS 2xMonthly's buy or sell advice are summarized below:
Real Value 9.65 | Hype Value 9.61 | Market Value 9.61 | Naive Value 9.74 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell ETRACS 2xMonthly Pay given historical horizon and risk tolerance towards ETRACS 2xMonthly. When Macroaxis issues a 'buy' or 'sell' recommendation for ETRACS 2xMonthly Pay, the advice is generated through an automated system that utilizes algorithms and statistical models.
ETRACS |
Execute ETRACS 2xMonthly Buy or Sell Advice
The ETRACS recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on ETRACS 2xMonthly Pay. Macroaxis does not own or have any residual interests in ETRACS 2xMonthly Pay or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute ETRACS 2xMonthly's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details |
ETRACS 2xMonthly Trading Alerts and Improvement Suggestions
| ETRACS 2xMonthly Pay generated a negative expected return over the last 90 days | |
| ETRACS 2xMonthly Pay created five year return of -7.0% | |
| This fund maintains all of the assets in different exotic instruments |
ETRACS 2xMonthly Returns Distribution Density
The distribution of ETRACS 2xMonthly's historical returns is an attempt to chart the uncertainty of ETRACS 2xMonthly's future price movements. The chart of the probability distribution of ETRACS 2xMonthly daily returns describes the distribution of returns around its average expected value. We use ETRACS 2xMonthly Pay price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of ETRACS 2xMonthly returns is essential to provide solid investment advice for ETRACS 2xMonthly.
| Mean Return | -0.0034 | Value At Risk | -2.2 | Potential Upside | 1.56 | Standard Deviation | 1.24 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of ETRACS 2xMonthly 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.
ETRACS 2xMonthly 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 ETRACS 2xMonthly or UBS 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 ETRACS 2xMonthly'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 ETRACS 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 | -0.1 | |
β | Beta against NYSE Composite | 1.11 | |
σ | Overall volatility | 1.24 | |
Ir | Information ratio | -0.07 |
ETRACS 2xMonthly Volatility Alert
ETRACS 2xMonthly Pay exhibits very low volatility with skewness of -0.64 and kurtosis of 1.16. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure ETRACS 2xMonthly'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 ETRACS 2xMonthly'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.ETRACS 2xMonthly Fundamentals Vs Peers
Comparing ETRACS 2xMonthly'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 ETRACS 2xMonthly's direct or indirect competition across all of the common fundamentals between ETRACS 2xMonthly and the related equities. This way, we can detect undervalued stocks with similar characteristics as ETRACS 2xMonthly or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of ETRACS 2xMonthly's fundamental indicators could also be used in its relative valuation, which is a method of valuing ETRACS 2xMonthly by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare ETRACS 2xMonthly to competition |
| Fundamentals | ETRACS 2xMonthly | Peer Average |
| Beta | 47.42 | |
| One Year Return | 2.80 % | (0.97) % |
| Three Year Return | (10.80) % | 3.23 % |
| Five Year Return | (7.50) % | 1.12 % |
| Net Asset | 18.95 M | 2.29 B |
| Last Dividend Paid | 0.14 | 0.14 |
ETRACS 2xMonthly Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as ETRACS . 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 ETRACS 2xMonthly Buy or Sell Advice
When is the right time to buy or sell ETRACS 2xMonthly Pay? Buying financial instruments such as ETRACS 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 ETRACS 2xMonthly 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 Soft Drinks Thematic Idea Now
Soft Drinks
Entities manufacturing and distributing non alcoholic beverages across different markets. The Soft Drinks theme has 38 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 Soft Drinks Theme or any other thematic opportunities.
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Check out ETRACS 2xMonthly 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 ETRACS 2xMonthly Pay information on this page should be used as a complementary analysis to other ETRACS 2xMonthly'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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
The market value of ETRACS 2xMonthly Pay is measured differently than its book value, which is the value of ETRACS that is recorded on the company's balance sheet. Investors also form their own opinion of ETRACS 2xMonthly's value that differs from its market value or its book value, called intrinsic value, which is ETRACS 2xMonthly'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 ETRACS 2xMonthly's market value can be influenced by many factors that don't directly affect ETRACS 2xMonthly'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 ETRACS 2xMonthly's value and its price as these two are different measures arrived at by different means. Investors typically determine if ETRACS 2xMonthly is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ETRACS 2xMonthly'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.