Etf Buy or Sell Recommendation

Etf -- USA Athena High Dividend ETF  

USD 18.17  0.02  0.11%

Given the investment horizon of 30 days, and your above average risk tolerance our recommendation regarding Etf is 'Hold'. Macroaxis provides Etf buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Etf positions. The advice algorithm takes into account all of Etf available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from Etf buy-and-hold prospective. Additionally see Etf Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with current analyst consensus.

Time Horizon

Risk Tolerance

Symbol
Execute Advice

Etf Current Recommendation

SellBuy
Hold

Volatility

Not too risky

Hype Condition

Low-key

Current Valuation

Fairly Valued

Odds of Distress

Close to average

Economic Sensitivity

Indifferent to market move

Analyst Consensus

Currently Unavailable
For the selected time horizon Etf has a risk adjusted performance of 0.29, jensen alpha of 0.013218, total risk alpha of 0.009704, sortino ratio of 0.0 and treynor ratio of 1.11
This buy or sell advice tool can be used to cross verify current analyst consensus on Etf and to analyze the athena high dividend etf potential to grow in the current economic cycle. Please use Etf Price to Sales and Net Asset to make buy, hold, or sell decision on Etf.

Returns Distribution Density

Mean Return0.002477Value At Risk0.11
Potential Upside0.11Standard Deviation0.069124
 Return Density 
      Distribution 
Backtest Etf

Etf Greeks

α
Alpha over DOW		=0.01
β
Beta against DOW=0.01
σ
Overall volatility		=0.00
Ir
Information ratio =0.78

Etf Volatility Alert

Etf exhibits very low volatility with skewness of 0.02 and kurtosis of -0.31. However, we advise investors to further study Etf technical indicators to make sure all market info is available and is reliable.
    
 Better Than Average     
    
 Worse Than Average Compare Etf to competition

Etf Fundamental Vs Peers

FundamentalsEtfPeer Average
Price to Earning13.03 times40.69 times
Price to Book1.47 times14.44 times
Price to Sales0.79 times17.81 times
Annual Yield3.62 %
Year to Date Return25.41 %
One Year Return(32.02) %
Net Asset8.05 M
Equity Positions Weight99.45 %

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Additionally see Etf Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with current analyst consensus. Please also try Bollinger Bands module to use bollinger bands indicator to analyze target price for a given investing horizon.