Stone Ridge Reinsurance Fund Buy Hold or Sell Recommendation
| SRRIX Fund | USD 52.34 0.01 0.02% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Stone Ridge Reinsurance is 'Cautious Hold'. Macroaxis provides Stone Ridge buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding SRRIX positions. The advice algorithm takes into account all of Stone Ridge's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Stone Ridge's buy or sell advice are summarized below:
Real Value 52 | Hype Value 52.34 | Market Value 52.34 | Naive Value 52.54 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Stone Ridge Reinsurance given historical horizon and risk tolerance towards Stone Ridge. When Macroaxis issues a 'buy' or 'sell' recommendation for Stone Ridge Reinsurance, the advice is generated through an automated system that utilizes algorithms and statistical models.
Stone |
Execute Stone Ridge Buy or Sell Advice
The Stone recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Stone Ridge Reinsurance. Macroaxis does not own or have any residual interests in Stone Ridge Reinsurance or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Stone Ridge's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Strong | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | About Average | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Analyst Consensus | Not Available | Details |
Stone Ridge Returns Distribution Density
The distribution of Stone Ridge's historical returns is an attempt to chart the uncertainty of Stone Ridge's future price movements. The chart of the probability distribution of Stone Ridge daily returns describes the distribution of returns around its average expected value. We use Stone Ridge Reinsurance price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Stone Ridge returns is essential to provide solid investment advice for Stone Ridge.
| Mean Return | 0.09 | Value At Risk | -0.06 | Potential Upside | 0.40 | Standard Deviation | 0.25 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Stone Ridge 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.
Stone Ridge 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 Stone Ridge or Stone 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 Stone Ridge's price will be affected by overall mutual fund 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 Stone fund'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 | 0.08 | |
β | Beta against NYSE Composite | 0.01 | |
σ | Overall volatility | 0.25 | |
Ir | Information ratio | -0.03 |
Stone Ridge Volatility Alert
Stone Ridge Reinsurance exhibits very low volatility with skewness of 1.54 and kurtosis of 11.94. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Stone Ridge's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Stone Ridge's mutual fund 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.Stone Ridge Fundamentals Vs Peers
Comparing Stone Ridge'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 Stone Ridge's direct or indirect competition across all of the common fundamentals between Stone Ridge and the related equities. This way, we can detect undervalued stocks with similar characteristics as Stone Ridge or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Stone Ridge's fundamental indicators could also be used in its relative valuation, which is a method of valuing Stone Ridge by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Stone Ridge to competition |
| Fundamentals | Stone Ridge | Peer Average |
| Last Dividend Paid | 0.0823 | 0.65 |
Stone Ridge Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Stone . 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 | 52.34 | |||
| Day Typical Price | 52.34 | |||
| Price Action Indicator | 0.005 | |||
| Period Momentum Indicator | 0.01 | |||
| Relative Strength Index | 48.34 |
About Stone Ridge Buy or Sell Advice
When is the right time to buy or sell Stone Ridge Reinsurance? Buying financial instruments such as Stone Mutual Fund 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 Stone Ridge 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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Please note, there is a significant difference between Stone Ridge's value and its price as these two are different measures arrived at by different means. Investors typically determine if Stone Ridge is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Stone Ridge'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.