The Narragansett Electric Buy Hold or Sell Recommendation

NRGSPDelisted Stock  USD 55.00  0.00  0.00%   
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding The Narragansett Electric is 'Not Rated'. Macroaxis provides Narragansett Electric buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding NRGSP positions. The advice algorithm takes into account all of Narragansett Electric's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Narragansett Electric's buy or sell advice are summarized below:
Real Value
44.73
Hype Value
55
Market Value
55
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell The Narragansett Electric given historical horizon and risk tolerance towards Narragansett Electric. When Macroaxis issues a 'buy' or 'sell' recommendation for The Narragansett Electric, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
In addition, we conduct extensive research on individual companies such as Narragansett and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards The Narragansett Electric. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

Execute Narragansett Electric Buy or Sell Advice

The Narragansett recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on The Narragansett Electric. Macroaxis does not own or have any residual interests in The Narragansett Electric or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Narragansett Electric's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Narragansett ElectricBuy Narragansett Electric
Not Rated
For the selected time horizon The Narragansett Electric has a Risk Adjusted Performance of 0.1217, Jensen Alpha of 0.308, Total Risk Alpha of 0.1535 and Treynor Ratio of (0.89)
Our trade recommendations module provides unbiased advice that can be used to complement current average analyst sentiment on Narragansett Electric. Our trade recommendations engine provides an advice for the company potential to grow from the perspective of an investor's risk tolerance and investing horizon. Please verify The Narragansett Electric annual yield to decide if your The Narragansett Electric buy or sell deciscion is justified.

Narragansett Electric Trading Alerts and Improvement Suggestions

Narragansett Electric is not yet fully synchronised with the market data
Narragansett Electric has a very high chance of going through financial distress in the upcoming years

Narragansett Electric Returns Distribution Density

The distribution of Narragansett Electric's historical returns is an attempt to chart the uncertainty of Narragansett Electric's future price movements. The chart of the probability distribution of Narragansett Electric daily returns describes the distribution of returns around its average expected value. We use The Narragansett Electric price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Narragansett Electric returns is essential to provide solid investment advice for Narragansett Electric.
Mean Return
0.30
Value At Risk
0.00
Potential Upside
0.00
Standard Deviation
1.63
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Narragansett Electric 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.

Narragansett Electric Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Narragansett . 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 Narragansett Electric Buy or Sell Advice

When is the right time to buy or sell The Narragansett Electric? Buying financial instruments such as Narragansett Pink Sheet 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 Narragansett Electric 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 Stores Thematic Idea Now

Stores
Stores Theme
Companies providing different types of retail and wholesale services. The Stores theme has 44 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 Stores Theme or any other thematic opportunities.
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Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

Other Consideration for investing in Narragansett Pink Sheet

If you are still planning to invest in The Narragansett Electric check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Narragansett Electric's history and understand the potential risks before investing.
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