Wedbush Etfmg Video Etf Buy Hold or Sell Recommendation
| GAMR Etf | USD 55.22 0.25 0.45% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Wedbush ETFMG Video is 'Strong Hold'. Macroaxis provides Wedbush ETFMG buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding GAMR positions. The advice algorithm takes into account all of Wedbush ETFMG's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Wedbush ETFMG's buy or sell advice are summarized below:
Real Value 55.51 | Hype Value 55.21 | Market Value 55.22 | Naive Value 55.54 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Wedbush ETFMG Video given historical horizon and risk tolerance towards Wedbush ETFMG. When Macroaxis issues a 'buy' or 'sell' recommendation for Wedbush ETFMG Video, the advice is generated through an automated system that utilizes algorithms and statistical models.
Wedbush |
Execute Wedbush ETFMG Buy or Sell Advice
The Wedbush recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Wedbush ETFMG Video. Macroaxis does not own or have any residual interests in Wedbush ETFMG Video or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Wedbush ETFMG's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details |
Wedbush ETFMG Trading Alerts and Improvement Suggestions
| Wedbush ETFMG Video generated a negative expected return over the last 90 days | |
| The company reported the previous year's revenue of 76.54 M. Net Loss for the year was (811 K) with profit before overhead, payroll, taxes, and interest of 40.48 M. | |
| About 60.0% of the company shares are held by company insiders | |
| The fund created three year return of -12.0% | |
| Wedbush ETFMG Video retains 99.02% of its assets under management (AUM) in equities |
Wedbush ETFMG Returns Distribution Density
The distribution of Wedbush ETFMG's historical returns is an attempt to chart the uncertainty of Wedbush ETFMG's future price movements. The chart of the probability distribution of Wedbush ETFMG daily returns describes the distribution of returns around its average expected value. We use Wedbush ETFMG Video price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Wedbush ETFMG returns is essential to provide solid investment advice for Wedbush ETFMG.
| Mean Return | -0.0094 | Value At Risk | -2.22 | Potential Upside | 1.60 | Standard Deviation | 1.21 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Wedbush ETFMG 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.
Wedbush ETFMG 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 Wedbush ETFMG or ETFMG 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 Wedbush ETFMG'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 Wedbush 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 | -0.14 | |
β | Beta against NYSE Composite | 1.39 | |
σ | Overall volatility | 1.23 | |
Ir | Information ratio | -0.09 |
Wedbush ETFMG Volatility Alert
Wedbush ETFMG Video exhibits very low volatility with skewness of -0.27 and kurtosis of 0.52. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Wedbush ETFMG'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 Wedbush ETFMG'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.Wedbush ETFMG Fundamentals Vs Peers
Comparing Wedbush ETFMG'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 Wedbush ETFMG's direct or indirect competition across all of the common fundamentals between Wedbush ETFMG and the related equities. This way, we can detect undervalued stocks with similar characteristics as Wedbush ETFMG or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of Wedbush ETFMG's fundamental indicators could also be used in its relative valuation, which is a method of valuing Wedbush ETFMG by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Wedbush ETFMG to competition |
| Fundamentals | Wedbush ETFMG | Peer Average |
| Price To Earning | 19.02 X | 3.15 X |
| Price To Book | 1.94 X | 0.39 X |
| Price To Sales | 1.66 X | 0.33 X |
| Beta | 1.17 | |
| One Year Return | (1.40) % | (0.97) % |
| Three Year Return | (12.30) % | 3.23 % |
| Five Year Return | 7.80 % | 1.12 % |
| Net Asset | 51 M | 2.29 B |
| Last Dividend Paid | 0.03 | 0.14 |
| Equity Positions Weight | 99.02 % | 52.82 % |
| Bond Positions Weight | 0.14 % | 8.16 % |
Wedbush ETFMG Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Wedbush . 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 | 55.22 | |||
| Day Typical Price | 55.22 | |||
| Price Action Indicator | 0.13 | |||
| Period Momentum Indicator | 0.25 | |||
| Relative Strength Index | 24.28 |
About Wedbush ETFMG Buy or Sell Advice
When is the right time to buy or sell Wedbush ETFMG Video? Buying financial instruments such as Wedbush 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 Wedbush ETFMG 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 ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
The market value of Wedbush ETFMG Video is measured differently than its book value, which is the value of Wedbush that is recorded on the company's balance sheet. Investors also form their own opinion of Wedbush ETFMG's value that differs from its market value or its book value, called intrinsic value, which is Wedbush ETFMG'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 Wedbush ETFMG's market value can be influenced by many factors that don't directly affect Wedbush ETFMG'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 Wedbush ETFMG's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wedbush ETFMG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wedbush ETFMG'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.