OMX Copenhagen (Sweden) Buy Hold or Sell Recommendation

OC
OMXCBPI -- Sweden Index  

 1,133  2.72  0.24%

Assuming the 30 trading days horizon, and your above average risk tolerance our recommendation regarding OMX Copenhagen BenchmarkPI is 'Strong Hold'. Macroaxis provides OMX Copenhagen buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding OMXCBPI positions. The advice algorithm takes into account all of OMX Copenhagen Bench available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from OMXCBPI buy-and-hold perspective. Check out OMX Copenhagen Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments please use Instant Ratings tool.

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Time Horizon

Risk Tolerance

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Sell OMX CopenhagenBuy OMX Copenhagen
Strong Hold

Volatility

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Not Available
For the selected time horizon OMX Copenhagen BenchmarkPI has a risk adjusted performance of 0.3281, total risk alpha of 0.1183 and sortino ratio of 0.0598
Macroaxis provides advice on OMX Copenhagen BenchmarkPI to complement and cross-verify current analyst consensus on OMX Copenhagen Bench. Our recommendation engine determines the entity's potential to grow exclusively from the perspective of an investor's current risk tolerance and investing horizon.

OMX Copenhagen Returns Distribution Density

The chart of the probability distribution of OMX Copenhagen stock daily returns describes the distribution of returns around its average expected value. We use OMX Copenhagen BenchmarkPI' stock's Value At Risk and its Upside Potential as a relative measure of the distribution. The distribution of OMX Copenhagen returns is essential to provide solid investment advice for OMX Copenhagen stock.
Mean Return0.36Value At Risk-2.02
Potential Upside3.36Standard Deviation2.00
 Return Density 
      Distribution 
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of OMX Copenhagen 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.

OMX Copenhagen 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 OMX Copenhagen or OMX Copenhagen BenchmarkPI 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 OMX Copenhagen stock'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 OMXCBPI 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 DOW
=0.00
β
Beta against DOW=0.00
σ
Overall volatility
=1.20
Ir
Information ratio =0.07

OMX Copenhagen Volatility Alert

OMX Copenhagen BenchmarkPI currently demonstrates below-verage downside deviation of 2.31. It has Information Ratio of 0.07 and Jensen Alpha of 0.0. However, we do advice investors to further question OMX Copenhagen BenchmarkPI expected returns to ensure all indicators are consistent with the current outlook about its relatively low value at risk.

OMX Copenhagen Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as OMXCBPI . 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.
Accumulation Distribution0.0024
Daily Balance Of Power(1.00)
Rate Of Daily Change0.9976
Day Median Price1131.85
Day Typical Price1132.303333
Market Facilitation Index2.72

About OMX Copenhagen Buy or Sell Advice

When is the right time to buy or sell OMX Copenhagen BenchmarkPI? Buying indexs such as OMX Copenhagen isn't very hard. However, what challenging for most investors is doing it at the right time to beat the stock 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 bases. Although OMX Copenhagen investors may find it confusing at the beginning, 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 OMX Copenhagen Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments please use Instant Ratings tool. Please also try Piotroski F Score module to get piotroski f score based on binary analysis strategy of nine different fundamentals.
Macroaxis is not a registered investment advisor or broker/dealer. All investments, including stocks, funds, ETFs, or cryptocurrencies, are speculative and involve substantial risk of loss. We encourage our investors to invest carefully. Much of our information is derived directly from data published by companies or submitted to governmental agencies which we believe are reliable, but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way warrant or guarantee the success of any action you take in reliance on our statements or recommendations. Also, note that past performance is not necessarily indicative of future results. All investments carry risk, and all investment decisions of an individual remain the responsibility of that individual. There is no guarantee that systems, indicators, or signals will result in profits or that they will not result in losses. All investors are advised to fully understand all risks associated with any investing they choose to do. Hypothetical or simulated performance is not indicative of future results. We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown because hypothetical or simulated performance is not necessarily indicative of future results. For more information please visit our terms and condition page