CPSE ETF (India) Buy Hold or Sell Recommendation

CPSEETF -- India Stock  

INR 27.32  0.14  0.52%

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

Time Horizon

Risk Tolerance

Symbol
Execute Advice
Sell CPSE ETFBuy CPSE ETF
Strong Hold

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Not Available
For the selected time horizon CPSE ETF has a risk adjusted performance of 0.0152, jensen alpha of 0.06, total risk alpha of 0.36, sortino ratio of 0.11 and treynor ratio of 0.0268
Macroaxis buy, hold, or sell recommendation module can be used to complement current analysts and expert consensus on CPSE ETF. Our buy, hold, or sell suggestion engine makes use of analyzes the corporation potential to grow using all fundamental data market data available now.

CPSE ETF Returns Distribution Density

Mean Return0.021517Value At Risk1.27
Potential Upside1.46Standard Deviation1.01
 Return Density 
      Distribution 

CPSE ETF Greeks

α
Alpha over DOW
=0.06
β
Beta against DOW=0.43
σ
Overall volatility
=1.03
Ir
Information ratio =0.15

CPSE ETF Volatility Alert

CPSE ETF has relatively low volatility with skewness of -0.36 and kurtosis of 1.1. However, we advise all investors to independently investigate CPSE ETF to ensure market all accessible information is consistent with the expectations about its upside potential and future risk-adjusted return.

CPSE ETF Alerts

Trading Alerts and Improvement Suggestions

CPSE ETF generates negative expected return over the last 30 days
Latest headline from www.thehindubusinessline.com: Government mulls rejig of CPSE ETF constituent list
Check also CPSE ETF Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for muliple equity instruments please use Instant Ratings tool. Please also try Balance Of Power module to check stock momentum by analyzing balance of power indicator and other technical ratios.
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