Evolve Future Leadership Stock Buy Hold or Sell Recommendation
LEAD Stock | CAD 18.85 0.29 1.56% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Evolve Future Leadership is 'Strong Hold'. Macroaxis provides Evolve Future buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding LEAD positions. The advice algorithm takes into account all of Evolve Future's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Evolve Future's buy or sell advice are summarized below:
Real Value 18.8 | Hype Value 18.84 | Market Value 18.85 | Naive Value 19.06 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Evolve Future Leadership given historical horizon and risk tolerance towards Evolve Future. When Macroaxis issues a 'buy' or 'sell' recommendation for Evolve Future Leadership, the advice is generated through an automated system that utilizes algorithms and statistical models.
Evolve |
Execute Evolve Future Buy or Sell Advice
The Evolve recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Evolve Future Leadership. Macroaxis does not own or have any residual interests in Evolve Future Leadership or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Evolve Future's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
Strong Hold
Market Performance | Modest | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Evolve Future Trading Alerts and Improvement Suggestions
Latest headline from news.google.com: Closing Bell Evolve Future Leadership ETF Hedged down on Wednesday - The Globe and Mail |
Evolve Future Returns Distribution Density
The distribution of Evolve Future's historical returns is an attempt to chart the uncertainty of Evolve Future's future price movements. The chart of the probability distribution of Evolve Future daily returns describes the distribution of returns around its average expected value. We use Evolve Future Leadership price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Evolve Future returns is essential to provide solid investment advice for Evolve Future.
Mean Return | 0.12 | Value At Risk | -2.06 | Potential Upside | 2.31 | Standard Deviation | 1.23 |
Return Density |
Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Evolve Future 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.
Evolve Future 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 Evolve Future or Oil, Gas & Consumable Fuels 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 Evolve Future's price will be affected by overall stock 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 Evolve stock'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 | 0.06 | |
β | Beta against NYSE Composite | 0.61 | |
σ | Overall volatility | 1.25 | |
Ir | Information ratio | 0.02 |
Evolve Future Volatility Alert
Evolve Future Leadership has relatively low volatility with skewness of 0.05 and kurtosis of -0.34. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Evolve Future's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Evolve Future's stock 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.Evolve Future Fundamentals Vs Peers
Comparing Evolve Future'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 Evolve Future's direct or indirect competition across all of the common fundamentals between Evolve Future and the related equities. This way, we can detect undervalued stocks with similar characteristics as Evolve Future or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Evolve Future's fundamental indicators could also be used in its relative valuation, which is a method of valuing Evolve Future by comparing valuation metrics with those of similar companies.
Better Than Average | Worse Than Average | Compare Evolve Future to competition |
Fundamentals | Evolve Future | Peer Average |
Beta | 1.36 | -0.15 |
Total Asset | 37.21 M | 29.47 B |
Annual Yield | 0.07 % | |
One Year Return | (33.15) % | |
Net Asset | 37.21 M | |
Equity Positions Weight | 95.63 % |
Evolve Future Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Evolve . 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 | 18.85 | |||
Day Typical Price | 18.85 | |||
Price Action Indicator | 0.15 | |||
Period Momentum Indicator | 0.29 |
About Evolve Future Buy or Sell Advice
When is the right time to buy or sell Evolve Future Leadership? Buying financial instruments such as Evolve Stock 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 Evolve Future 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 Crypto And Gold Thematic Idea Now
Crypto And Gold
Assets that cancel away each other volatility by providing diversification into gold investment combined with digital assets. The Crypto And Gold theme has 54 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 Crypto And Gold Theme or any other thematic opportunities.
View All Next | Launch |
Check out Evolve Future 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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Complementary Tools for Evolve Stock analysis
When running Evolve Future's price analysis, check to measure Evolve Future'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 Evolve Future is operating at the current time. Most of Evolve Future's value examination focuses on studying past and present price action to predict the probability of Evolve Future's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Evolve Future's price. Additionally, you may evaluate how the addition of Evolve Future to your portfolios can decrease your overall portfolio volatility.
Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account |