CHKFX Mutual Fund Buy Hold or Sell Recommendation

Name: CHKFX: Buy
Start: 2023-03-30
End: 2023-03-30
Location: CHKFX

CHKFX Fund

10.00 0.01 0.10%

Assuming the 90 days horizon and your complete indifference towards market risk, our recommendation regarding CHKFX is 'Buy'. Macroaxis provides CHKFX buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding CHKFX positions. The advice algorithm takes into account all of CHKFX's available fundamental, technical, and predictive indicators you will find on this site.

The advice is provided from CHKFX's buy-and-hold perspective. Check out Trending Equities.We conduct extensive research on individual funds such as CHKFX and provide practical buy, sell, or hold recommendation based on selected investing horizon and risk tolerance towards CHKFX.

Execute CHKFX Buy or Sell Advice

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

Time Horizon

Risk Tolerance

Execute Advice

Buy

Economic Sensitivity

Insignificant

Details

For the selected time horizon CHKFX has a Risk Adjusted Performance of 0.0537, Jensen Alpha of 0.0077, Total Risk Alpha of 0.0079, Sortino Ratio of 0.0377 and Treynor Ratio of 0.2108

CHKFX thematic classifications

Commodities

Funds investing in commodities

All Ideas Create Thematic Portfolio

CHKFX Returns Distribution Density

The distribution of CHKFX's historical returns is an attempt to chart the uncertainty of CHKFX's future price movements. The chart of the probability distribution of CHKFX stock daily returns describes the distribution of returns around its average expected value. We use CHKFX price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of CHKFX returns is essential to provide solid investment advice for CHKFX.

Mean Return	0.0177	Value At Risk	-0.3
Potential Upside	0.30	Standard Deviation	0.17

Return Density

Distribution

Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of CHKFX 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.

Backtest CHKFX

CHKFX 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 CHKFX or Commodities 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 CHKFX'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 CHKFX 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	0.007744	Details
β	Beta against NYSE Composite	0.0365	Details
σ	Overall volatility	0.17	Details
Ir	Information ratio	0.05	Details

CHKFX Volatility Alert

CHKFX exhibits very low volatility with skewness of -0.65 and kurtosis of 0.87. However, we advise investors to further study CHKFX technical indicators to ensure that all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure CHKFX'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 CHKFX'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 stocks as prices fall.

CHKFX Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as CHKFX . 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	9223.4 B
	Rate Of Daily Change	1.0
	Day Median Price	10.0
	Day Typical Price	10.0
	Price Action Indicator	0.005

Use Investing Ideas to Build Portfolios

In addition to having CHKFX 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 Crypto And Gold Thematic Idea Now

Crypto And Gold

Assets that cancel away each other volatility by providing diversification into gold investment combined with digital assets. The Crypto And Gold theme has 55 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 Crypto And Gold Theme or any other thematic opportunities.

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Launch

Check out Trending Equities. Note that the CHKFX information on this page should be used as a complementary analysis to other CHKFX's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

Complementary Tools for CHKFX Mutual Fund analysis

When running CHKFX price analysis, check to measure CHKFX's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CHKFX is operating at the current time. Most of CHKFX's value examination focuses on studying past and present price action to predict the probability of CHKFX's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move CHKFX's price. Additionally, you may evaluate how the addition of CHKFX to your portfolios can decrease your overall portfolio volatility.

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