Cm Modity Index Fund Buy Hold or Sell Recommendation
CMCAX Fund | USD 67.96 0.69 1.03% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Cm Modity Index is 'Hold'. Macroaxis provides Cm Modity buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding CMCAX positions. The advice algorithm takes into account all of Cm Modity's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Cm Modity's buy or sell advice are summarized below:
Real Value 67.45 | Hype Value 67.96 | Market Value 67.96 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Cm Modity Index given historical horizon and risk tolerance towards Cm Modity. When Macroaxis issues a 'buy' or 'sell' recommendation for Cm Modity Index, the advice is generated through an automated system that utilizes algorithms and statistical models.
CMCAX |
Execute Cm Modity Buy or Sell Advice
The CMCAX recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Cm Modity Index. Macroaxis does not own or have any residual interests in Cm Modity Index or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Cm Modity's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
Hold
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Analyst Consensus | Not Available | Details |
Cm Modity Trading Alerts and Improvement Suggestions
The fund holds about 44.55% of its assets under management (AUM) in cash |
Cm Modity Returns Distribution Density
The distribution of Cm Modity's historical returns is an attempt to chart the uncertainty of Cm Modity's future price movements. The chart of the probability distribution of Cm Modity daily returns describes the distribution of returns around its average expected value. We use Cm Modity Index price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Cm Modity returns is essential to provide solid investment advice for Cm Modity.
Mean Return | 0.06 | Value At Risk | -0.8 | Potential Upside | 0.90 | Standard Deviation | 0.54 |
Return Density |
Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Cm Modity 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.
Cm Modity 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 Cm Modity or VanEck 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 Cm Modity'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 CMCAX 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 | 0.05 | |
β | Beta against NYSE Composite | 0.02 | |
σ | Overall volatility | 0.53 | |
Ir | Information ratio | -0.13 |
Cm Modity Volatility Alert
Cm Modity Index exhibits very low volatility with skewness of -0.24 and kurtosis of -0.89. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Cm Modity'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 Cm Modity'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.Cm Modity Fundamentals Vs Peers
Comparing Cm Modity'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 Cm Modity's direct or indirect competition across all of the common fundamentals between Cm Modity and the related equities. This way, we can detect undervalued stocks with similar characteristics as Cm Modity or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Cm Modity's fundamental indicators could also be used in its relative valuation, which is a method of valuing Cm Modity by comparing valuation metrics with those of similar companies.
Better Than Average | Worse Than Average | Compare Cm Modity to competition |
Fundamentals | Cm Modity | Peer Average |
Annual Yield | 0 % | 0.29 % |
Year To Date Return | 4.49 % | 0.39 % |
One Year Return | 6.09 % | 4.15 % |
Three Year Return | 12.66 % | 3.60 % |
Five Year Return | 9.34 % | 3.24 % |
Net Asset | 568.67 M | 4.11 B |
Cash Position Weight | 44.55 % | 10.61 % |
Cm Modity Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as CMCAX . 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 | 1.01 | |||
Day Median Price | 67.96 | |||
Day Typical Price | 67.96 | |||
Price Action Indicator | 0.34 | |||
Period Momentum Indicator | 0.69 | |||
Relative Strength Index | 58.29 |
About Cm Modity Buy or Sell Advice
When is the right time to buy or sell Cm Modity Index? Buying financial instruments such as CMCAX 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.
Use Investing Ideas to Build Portfolios
In addition to having Cm Modity 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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Restaraunts Hotels Motels
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Restaraunts Hotels Motels theme has 61 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 Restaraunts Hotels Motels Theme or any other thematic opportunities.
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Check out Cm Modity 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 that the Cm Modity Index information on this page should be used as a complementary analysis to other Cm Modity'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 the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Complementary Tools for CMCAX Mutual Fund analysis
When running Cm Modity's price analysis, check to measure Cm Modity'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 Cm Modity is operating at the current time. Most of Cm Modity's value examination focuses on studying past and present price action to predict the probability of Cm Modity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cm Modity's price. Additionally, you may evaluate how the addition of Cm Modity to your portfolios can decrease your overall portfolio volatility.
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