Etracs Bloomberg Commodity Etf Buy Hold or Sell Recommendation
| DJCB Etf | USD 21.29 0.01 0.05% |
Given the investment horizon of 90 days and your complete indifference towards market risk, our recommendation regarding ETRACS Bloomberg Commodity is 'Strong Hold'. Macroaxis provides ETRACS Bloomberg buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding DJCB positions. The advice algorithm takes into account all of ETRACS Bloomberg's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting ETRACS Bloomberg's buy or sell advice are summarized below:
Real Value 21.14 | Hype Value 21.29 | Market Value 21.29 | Naive Value 21.45 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell ETRACS Bloomberg Commodity given historical horizon and risk tolerance towards ETRACS Bloomberg. When Macroaxis issues a 'buy' or 'sell' recommendation for ETRACS Bloomberg Commodity, the advice is generated through an automated system that utilizes algorithms and statistical models.
ETRACS |
Execute ETRACS Bloomberg 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 Bloomberg Commodity. Macroaxis does not own or have any residual interests in ETRACS Bloomberg Commodity or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute ETRACS Bloomberg's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details |
ETRACS Bloomberg Trading Alerts and Improvement Suggestions
| Latest headline from news.google.com: Direxion Auspice Broad Commodity Strategy ETF declares quarterly distribution of 0.2834 - Seeking Alpha | |
| The fund retains all of the assets under management (AUM) in different types of exotic instruments |
ETRACS Bloomberg Returns Distribution Density
The distribution of ETRACS Bloomberg's historical returns is an attempt to chart the uncertainty of ETRACS Bloomberg's future price movements. The chart of the probability distribution of ETRACS Bloomberg daily returns describes the distribution of returns around its average expected value. We use ETRACS Bloomberg Commodity price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of ETRACS Bloomberg returns is essential to provide solid investment advice for ETRACS Bloomberg.
| Mean Return | 0.11 | Value At Risk | -1.07 | Potential Upside | 1.89 | Standard Deviation | 0.86 |
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 Bloomberg 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 Bloomberg 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 Bloomberg or UBS AG 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 Bloomberg'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 | 0.03 | |
σ | Overall volatility | 0.86 | |
Ir | Information ratio | 0.06 |
ETRACS Bloomberg Volatility Alert
ETRACS Bloomberg Commodity has low volatility with Treynor Ratio of 3.39, Maximum Drawdown of 5.44 and kurtosis of 2.01. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure ETRACS Bloomberg'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 Bloomberg'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 Bloomberg Fundamentals Vs Peers
Comparing ETRACS Bloomberg'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 Bloomberg's direct or indirect competition across all of the common fundamentals between ETRACS Bloomberg and the related equities. This way, we can detect undervalued stocks with similar characteristics as ETRACS Bloomberg or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of ETRACS Bloomberg's fundamental indicators could also be used in its relative valuation, which is a method of valuing ETRACS Bloomberg by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare ETRACS Bloomberg to competition |
| Fundamentals | ETRACS Bloomberg | Peer Average |
| Beta | 1.06 | |
| One Year Return | 1.20 % | (0.97) % |
| Three Year Return | 9.30 % | 3.23 % |
| Net Asset | 116.44 M | 2.29 B |
ETRACS Bloomberg 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.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 21.29 | |||
| Day Typical Price | 21.29 | |||
| Price Action Indicator | 0.005 | |||
| Period Momentum Indicator | 0.01 |
About ETRACS Bloomberg Buy or Sell Advice
When is the right time to buy or sell ETRACS Bloomberg Commodity? 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 Bloomberg 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 Beers Thematic Idea Now
Beers
Companies involved in production and distribution of domestic and international beer. The Beers theme has 40 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 Beers Theme or any other thematic opportunities.
| View All Next | Launch |
Check out ETRACS Bloomberg 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 Bloomberg Com information on this page should be used as a complementary analysis to other ETRACS Bloomberg'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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
The market value of ETRACS Bloomberg Com 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 Bloomberg's value that differs from its market value or its book value, called intrinsic value, which is ETRACS Bloomberg'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 Bloomberg's market value can be influenced by many factors that don't directly affect ETRACS Bloomberg'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 Bloomberg's value and its price as these two are different measures arrived at by different means. Investors typically determine if ETRACS Bloomberg is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ETRACS Bloomberg'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.