ETF AKME (Russia) Buy Hold or Sell Recommendation
| AKME Etf | 192.48 0.22 0.11% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding ETF AKME Alfa is 'Strong Sell'. Macroaxis provides ETF AKME buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ETF AKME positions. The advice algorithm takes into account all of ETF AKME's available fundamental, technical, and predictive indicators you will find on this site.
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell ETF AKME Alfa given historical horizon and risk tolerance towards ETF AKME. When Macroaxis issues a 'buy' or 'sell' recommendation for ETF AKME Alfa, the advice is generated through an automated system that utilizes algorithms and statistical models.
ETF |
Execute ETF AKME Buy or Sell Advice
The ETF recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on ETF AKME Alfa. Macroaxis does not own or have any residual interests in ETF AKME Alfa or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute ETF AKME's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Solid | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Economic Sensitivity | Moves slightly opposite to the market | Details |
ETF AKME Returns Distribution Density
The distribution of ETF AKME's historical returns is an attempt to chart the uncertainty of ETF AKME's future price movements. The chart of the probability distribution of ETF AKME daily returns describes the distribution of returns around its average expected value. We use ETF AKME Alfa price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of ETF AKME returns is essential to provide solid investment advice for ETF AKME.
| Mean Return | 0.13 | Value At Risk | -1.33 | Potential Upside | 1.57 | Standard Deviation | 1.03 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of ETF AKME 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.
ETF AKME 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 ETF AKME or ETF 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 ETF AKME'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 ETF 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 | 0.15 | |
β | Beta against NYSE Composite | -0.61 | |
σ | Overall volatility | 0.73 | |
Ir | Information ratio | 0.06 |
ETF AKME Volatility Alert
ETF AKME Alfa has relatively low volatility with skewness of -0.2 and kurtosis of 2.78. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure ETF AKME'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 ETF AKME'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.ETF AKME Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as ETF . 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 Distribution | 2431.96 | |||
| Daily Balance Of Power | (0.08) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 192.18 | |||
| Day Typical Price | 192.28 | |||
| Price Action Indicator | 0.19 | |||
| Period Momentum Indicator | (0.22) |
Use Investing Ideas to Build Portfolios
In addition to having ETF AKME 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 Large Blend Funds Thematic Idea Now
Large Blend Funds
Fund or Etfs that invest in stocks of large organizations that have characteristics of both growth and value companies. The Large Blend 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 Large Blend Funds Theme or any other thematic opportunities.
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Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.