Phn Multi Style All Cap Fund Buy Hold or Sell Recommendation

0P0000OXA6  CAD 26.70  0.27  1.02%   
Assuming the 90 days trading horizon and your complete indifference towards market risk, our recommendation regarding PHN Multi Style All Cap is 'Strong Hold'. The recommendation algorithm takes into account all of PHN Multi's available fundamental, technical, and predictive indicators you will find on this site.
  
Check out PHN Multi 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, we conduct extensive research on individual funds such as PHN and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards PHN Multi Style All Cap. Also, note that the market value of any fund could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Execute PHN Multi Buy or Sell Advice

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

Time Horizon

Risk Tolerance

Execute Advice
Sell PHN MultiBuy PHN Multi
Strong Hold

Market Performance

WeakDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

OvervaluedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Moves indifferently to market movesDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon PHN Multi Style All Cap has a Risk Adjusted Performance of 0.0466, Jensen Alpha of 0.0461, Total Risk Alpha of (0.06), Sortino Ratio of (0.05) and Treynor Ratio of (0.46)
Our recommendation module complements current analysts and expert consensus on PHN Multi. It analyzes the fund potential to grow using all fundamental, technical, and market related data available now. Please employ PHN Multi five year return and the relationship between the net asset and cash position weightfive year return, minimum initial investment, equity positions weight, as well as the relationship between the net asset and cash position weight to make buy, hold, or sell decision on PHN Multi Style.

PHN Multi Trading Alerts and Improvement Suggestions

The fund holds 98.42% of its total net assets in equities

PHN Multi Returns Distribution Density

The distribution of PHN Multi's historical returns is an attempt to chart the uncertainty of PHN Multi's future price movements. The chart of the probability distribution of PHN Multi daily returns describes the distribution of returns around its average expected value. We use PHN Multi Style All Cap price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of PHN Multi returns is essential to provide solid investment advice for PHN Multi.
Mean Return
0.05
Value At Risk
-1.61
Potential Upside
1.27
Standard Deviation
0.87
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of PHN Multi 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.

PHN Multi 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 PHN Multi or RBC Global Asset Management Inc. 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 PHN Multi's price will be affected by overall 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 PHN 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 Dow Jones
0.05
β
Beta against Dow Jones-0.08
σ
Overall volatility
0.90
Ir
Information ratio -0.06

PHN Multi Volatility Alert

PHN Multi Style All Cap has low volatility with Treynor Ratio of -0.46, Maximum Drawdown of 3.78 and kurtosis of 0.72. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure PHN Multi's fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact PHN Multi's 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.

PHN Multi Fundamentals Vs Peers

Comparing PHN Multi'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 PHN Multi's direct or indirect competition across all of the common fundamentals between PHN Multi and the related equities. This way, we can detect undervalued stocks with similar characteristics as PHN Multi or determine the funds which would be an excellent addition to an existing portfolio. Peer analysis of PHN Multi's fundamental indicators could also be used in its relative valuation, which is a method of valuing PHN Multi by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare PHN Multi to competition
FundamentalsPHN MultiPeer Average
One Year Return(0.80) %4.15 %
Three Year Return5.68 %3.60 %
Five Year Return8.42 %3.24 %
Net Asset5.64 B4.11 B
Minimum Initial Investment500976.16 K
Cash Position Weight1.58 %10.61 %
Equity Positions Weight98.42 %63.90 %

PHN Multi Market Momentum

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

When is the right time to buy or sell PHN Multi Style All Cap? Buying financial instruments such as PHN 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.

Use Investing Ideas to Build Portfolios

In addition to having PHN Multi 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?

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Utilities - Regulated Electric
Utilities - Regulated Electric Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Utilities - Regulated Electric theme has 7 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 Utilities - Regulated Electric Theme or any other thematic opportunities.
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Other Information on Investing in PHN Fund

PHN Multi financial ratios help investors to determine whether PHN Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in PHN with respect to the benefits of owning PHN Multi security.
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