Firsthand Technology Opportunities Fund Buy Hold or Sell Recommendation
| TEFQX Fund | USD 3.74 0.01 0.27% |
Assuming the 90 days horizon and your conservative risk appetite, our recommendation regarding Firsthand Technology Opportunities is 'Strong Sell'. Macroaxis provides Firsthand Technology buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding TEFQX positions. The advice algorithm takes into account all of Firsthand Technology's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Firsthand Technology's buy or sell advice are summarized below:
Real Value 3.86 | Hype Value 3.76 | Market Value 3.74 | Naive Value 3.55 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Firsthand Technology Opportunities given historical horizon and risk tolerance towards Firsthand Technology. When Macroaxis issues a 'buy' or 'sell' recommendation for Firsthand Technology Opportunities, the advice is generated through an automated system that utilizes algorithms and statistical models.
Firsthand |
Execute Firsthand Technology Buy or Sell Advice
The Firsthand recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Firsthand Technology Opportunities. Macroaxis does not own or have any residual interests in Firsthand Technology Opportunities or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Firsthand Technology's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Slightly risky | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Actively responds to the market | Details | |
Analyst Consensus | Not Available | Details |
Firsthand Technology Trading Alerts and Improvement Suggestions
| Firsthand Technology generated a negative expected return over the last 90 days | |
| Firsthand Technology generated five year return of -12.0% | |
| This fund maintains 99.57% of its assets in stocks |
Firsthand Technology Returns Distribution Density
The distribution of Firsthand Technology's historical returns is an attempt to chart the uncertainty of Firsthand Technology's future price movements. The chart of the probability distribution of Firsthand Technology daily returns describes the distribution of returns around its average expected value. We use Firsthand Technology Opportunities price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Firsthand Technology returns is essential to provide solid investment advice for Firsthand Technology.
| Mean Return | -0.3 | Value At Risk | -3.93 | Potential Upside | 2.40 | Standard Deviation | 1.92 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Firsthand Technology 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.
Firsthand Technology 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 Firsthand Technology or Firsthand 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 Firsthand Technology'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 Firsthand 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 | -0.45 | |
β | Beta against NYSE Composite | 1.64 | |
σ | Overall volatility | 1.93 | |
Ir | Information ratio | -0.2 |
Firsthand Technology Volatility Alert
Firsthand Technology Opportunities exhibits very low volatility with skewness of -0.34 and kurtosis of 0.05. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Firsthand Technology'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 Firsthand Technology'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.Firsthand Technology Fundamentals Vs Peers
Comparing Firsthand Technology'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 Firsthand Technology's direct or indirect competition across all of the common fundamentals between Firsthand Technology and the related equities. This way, we can detect undervalued stocks with similar characteristics as Firsthand Technology or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Firsthand Technology's fundamental indicators could also be used in its relative valuation, which is a method of valuing Firsthand Technology by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Firsthand Technology to competition |
| Fundamentals | Firsthand Technology | Peer Average |
| Price To Earning | 41.92 X | 6.53 X |
| Price To Book | 4.81 X | 0.74 X |
| Price To Sales | 2.93 X | 0.61 X |
| Year To Date Return | 13.09 % | 0.39 % |
| One Year Return | (19.63) % | 4.15 % |
| Three Year Return | (34.56) % | 3.60 % |
| Five Year Return | (11.66) % | 3.24 % |
| Ten Year Return | 16.85 % | 1.79 % |
| Net Asset | 80.08 M | 4.11 B |
| Minimum Initial Investment | 2 K | 976.16 K |
| Cash Position Weight | 0.43 % | 10.61 % |
| Equity Positions Weight | 99.57 % | 63.90 % |
Firsthand Technology Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Firsthand . 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 | 3.74 | |||
| Day Typical Price | 3.74 | |||
| Price Action Indicator | 0.005 | |||
| Period Momentum Indicator | 0.01 |
About Firsthand Technology Buy or Sell Advice
When is the right time to buy or sell Firsthand Technology Opportunities? Buying financial instruments such as Firsthand 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 Firsthand Technology 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?
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Macroaxis Index
An experimental equal-weighted index theme of selected equities generated based on Macroaxis rating and scoring system. The Macroaxis Index theme has 52 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 Macroaxis Index Theme or any other thematic opportunities.
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Check out Firsthand Technology 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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.