Madison Covered Call Etf Buy Hold or Sell Recommendation
| MCN Etf | USD 6.97 0.05 0.72% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Madison Covered Call is 'Hold'. Macroaxis provides Madison Covered buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding MCN positions. The advice algorithm takes into account all of Madison Covered's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Madison Covered's buy or sell advice are summarized below:
Real Value 7.03 | Hype Value 6.97 | Market Value 6.97 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Madison Covered Call given historical horizon and risk tolerance towards Madison Covered. When Macroaxis issues a 'buy' or 'sell' recommendation for Madison Covered Call, the advice is generated through an automated system that utilizes algorithms and statistical models.
Madison |
Execute Madison Covered Buy or Sell Advice
The Madison recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Madison Covered Call. Macroaxis does not own or have any residual interests in Madison Covered Call or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Madison Covered's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Very Weak | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details |
Madison Covered Trading Alerts and Improvement Suggestions
| Madison Covered Call generated a negative expected return over the last 90 days | |
| The company has 618.62 K in debt with debt to equity (D/E) ratio of 0.0, which may show that the company is not taking advantage of profits from borrowing. Madison Covered Call has a current ratio of 0.1, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Madison Covered until it has trouble settling it off, either with new capital or with free cash flow. So, Madison Covered's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Madison Covered Call sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Madison to invest in growth at high rates of return. When we think about Madison Covered's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the last year's revenue of 2.33 M. Reported Net Loss for the year was (7.76 M) with profit before taxes, overhead, and interest of 1.99 M. | |
| Latest headline from MacroaxisInsider: Insider Trading |
Madison Covered Returns Distribution Density
The distribution of Madison Covered's historical returns is an attempt to chart the uncertainty of Madison Covered's future price movements. The chart of the probability distribution of Madison Covered daily returns describes the distribution of returns around its average expected value. We use Madison Covered Call price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Madison Covered returns is essential to provide solid investment advice for Madison Covered.
| Mean Return | -0.0085 | Value At Risk | -1.41 | Potential Upside | 1.59 | Standard Deviation | 0.96 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Madison Covered 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.
Madison Covered 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 Madison Covered or Financial Services 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 Madison Covered'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 Madison 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 | -0.04 | |
β | Beta against NYSE Composite | 0.33 | |
σ | Overall volatility | 0.96 | |
Ir | Information ratio | -0.1 |
Madison Covered Volatility Alert
Madison Covered Call exhibits very low volatility with skewness of 0.42 and kurtosis of 0.87. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Madison Covered'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 Madison Covered'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.Madison Covered Fundamentals Vs Peers
Comparing Madison Covered'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 Madison Covered's direct or indirect competition across all of the common fundamentals between Madison Covered and the related equities. This way, we can detect undervalued stocks with similar characteristics as Madison Covered or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of Madison Covered's fundamental indicators could also be used in its relative valuation, which is a method of valuing Madison Covered by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Madison Covered to competition |
| Fundamentals | Madison Covered | Peer Average |
| Price To Earning | 16.03 X | 3.15 X |
| Price To Book | 1.04 X | 0.39 X |
| Price To Sales | 65.90 X | 0.33 X |
| Beta | 0.84 | |
| Annual Yield | 0.02 % | 0.28 % |
| Year To Date Return | 0.59 % | (2.35) % |
| One Year Return | 2.30 % | (0.97) % |
| Three Year Return | 6.25 % | 3.23 % |
| Five Year Return | 9.02 % | 1.12 % |
| Last Dividend Paid | 0.72 | 0.14 |
Note: Insider Trading [view details]
Madison Covered Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Madison . 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 Madison Covered Buy or Sell Advice
When is the right time to buy or sell Madison Covered Call? Buying financial instruments such as Madison 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 Madison Covered 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 Currency Funds Thematic Idea Now
Currency Funds
Funds or Etfs investing in a single currency or combination of currencies from different countries in order to replicate respective foreign exchange markets. The Currency Funds theme has 48 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 Currency Funds Theme or any other thematic opportunities.
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Check out Madison Covered 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 Madison Covered Call information on this page should be used as a complementary analysis to other Madison Covered'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 Share Portfolio module to track or share privately all of your investments from the convenience of any device.
The market value of Madison Covered Call is measured differently than its book value, which is the value of Madison that is recorded on the company's balance sheet. Investors also form their own opinion of Madison Covered's value that differs from its market value or its book value, called intrinsic value, which is Madison Covered'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 Madison Covered's market value can be influenced by many factors that don't directly affect Madison Covered'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 Madison Covered's value and its price as these two are different measures arrived at by different means. Investors typically determine if Madison Covered is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Madison Covered'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.