Horizons Seasonal Rotation Etf Buy Hold or Sell Recommendation
| HAC Etf | CAD 29.72 0.11 0.37% |
Assuming the 90 days trading horizon and your conservative risk appetite, our recommendation regarding Horizons Seasonal Rotation is 'Cautious Hold'. Macroaxis provides Horizons Seasonal buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding HAC positions. The advice algorithm takes into account all of Horizons Seasonal's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Horizons Seasonal's buy or sell advice are summarized below:
Real Value 29.56 | Hype Value 29.72 | Market Value 29.72 | Naive Value 29.57 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Horizons Seasonal Rotation given historical horizon and risk tolerance towards Horizons Seasonal. When Macroaxis issues a 'buy' or 'sell' recommendation for Horizons Seasonal Rotation, the advice is generated through an automated system that utilizes algorithms and statistical models.
Horizons |
Execute Horizons Seasonal Buy or Sell Advice
The Horizons recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Horizons Seasonal Rotation. Macroaxis does not own or have any residual interests in Horizons Seasonal Rotation or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Horizons Seasonal's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious 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 | |
Analyst Consensus | Not Available | Details |
Horizons Seasonal Trading Alerts and Improvement Suggestions
| Latest headline from news.google.com: 3 Best Commodity ETFs to Buy Now - MSN | |
| The fund retains about 20.17% of its assets under management (AUM) in fixed income securities |
Horizons Seasonal Returns Distribution Density
The distribution of Horizons Seasonal's historical returns is an attempt to chart the uncertainty of Horizons Seasonal's future price movements. The chart of the probability distribution of Horizons Seasonal daily returns describes the distribution of returns around its average expected value. We use Horizons Seasonal Rotation price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Horizons Seasonal returns is essential to provide solid investment advice for Horizons Seasonal.
| Mean Return | 0.08 | Value At Risk | -0.83 | Potential Upside | 0.97 | Standard Deviation | 0.55 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Horizons Seasonal 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.
Horizons Seasonal 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 Horizons Seasonal or Horizons ETFs Management (Canada) Inc 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 Horizons Seasonal'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 Horizons 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 | 0.01 | |
β | Beta against NYSE Composite | 0.69 | |
σ | Overall volatility | 0.55 | |
Ir | Information ratio | -0.02 |
Horizons Seasonal Volatility Alert
Horizons Seasonal Rotation exhibits very low volatility with skewness of -0.23 and kurtosis of 0.8. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Horizons Seasonal'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 Horizons Seasonal'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.Horizons Seasonal Fundamentals Vs Peers
Comparing Horizons Seasonal'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 Horizons Seasonal's direct or indirect competition across all of the common fundamentals between Horizons Seasonal and the related equities. This way, we can detect undervalued stocks with similar characteristics as Horizons Seasonal or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of Horizons Seasonal's fundamental indicators could also be used in its relative valuation, which is a method of valuing Horizons Seasonal by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Horizons Seasonal to competition |
| Fundamentals | Horizons Seasonal | Peer Average |
| Price To Earning | 18.43 X | 3.15 X |
| Annual Yield | 0 % | 0.28 % |
| One Year Return | 20.60 % | (0.97) % |
| Three Year Return | 8.50 % | 3.23 % |
| Five Year Return | 7.20 % | 1.12 % |
| Ten Year Return | 7.80 % | 1.20 % |
| Net Asset | 228.04 M | 2.29 B |
| Last Dividend Paid | 1.35 | 0.14 |
| Equity Positions Weight | 11.39 % | 52.82 % |
| Bond Positions Weight | 20.17 % | 8.16 % |
Horizons Seasonal Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Horizons . 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 Horizons Seasonal Buy or Sell Advice
When is the right time to buy or sell Horizons Seasonal Rotation? Buying financial instruments such as Horizons 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.
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Check out Horizons Seasonal 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 Horizons Seasonal information on this page should be used as a complementary analysis to other Horizons Seasonal'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 Stocks Directory module to find actively traded stocks across global markets.