Edify Stock Buy Hold or Sell Recommendation

EACPU -  USA Stock  

USD 9.94  0.01  0.10%

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

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The advice is provided from Edify Acquisition's buy-and-hold perspective. Continue to Edify Acquisition 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. We conduct extensive research on individual companies such as Edify and provide practical buy, sell, or hold advice based on selected investing horizon and risk tolerance towards Edify Acquisition Corp.

Execute Edify Acquisition Buy or Sell Advice

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

Time Horizon

Risk Tolerance

Execute Advice
Sell Edify AcquisitionBuy Edify Acquisition
Strong Hold

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

OvervaluedDetails

Odds of Distress

HighDetails

Economic Sensitivity

Moves indifferently to market movesDetails

Analyst Consensus

Not AvailableDetails

Reporting Quality (M-Score)

UnavailableDetails
For the selected time horizon Edify Acquisition Corp has a Risk Adjusted Performance of (0.021228), Jensen Alpha of (0.010535), Total Risk Alpha of (0.01454) and Treynor Ratio of 0.1471
We provide trade advice to complement the prevailing expert consensus on Edify Acquisition Corp. Our dynamic recommendation engine uses a multidimensional algorithm to analyze the company's potential to grow using all technical and fundamental data available at the time. Please confirm Edify Acquisition Corp cash and equivalents to decide if your Edify Acquisition Corp buy or sell deciscion is justified. Given that Edify Acquisition Corp has a total debt of 30 K, we urge you to verify Edify Acquisition Corp market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.

Edify Acquisition Trading Alerts and Improvement Suggestions

Edify Acquisition has high likelihood to experience some financial distress in the next 2 years
Latest headline from www.equities.com: Edify falls 0.31 percent for September 15 - Equities.com

Edify Acquisition Returns Distribution Density

The distribution of Edify Acquisition's historical returns is an attempt to chart the future uncertainty of Edify Acquisition's future price movements. The chart of the probability distribution of Edify Acquisition stock daily returns describes the distribution of returns around its average expected value. We use Edify Acquisition Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Edify Acquisition returns is essential to provide solid investment advice for Edify Acquisition stock.
Mean Return-0.0012Value At Risk-0.4
Potential Upside0.30Standard Deviation0.24
 Return Density 
      Distribution 
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Edify Acquisition 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.

Edify Acquisition 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 Edify Acquisition or Financial Services 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 Edify Acquisition stock's price will be affected by overall stock 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 Edify stock'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 DOW
-0.01
β
Beta against DOW-0.08
σ
Overall volatility
0.25
Ir
Information ratio -0.08

Edify Acquisition Volatility Alert

Edify Acquisition Corp exhibits very low volatility with skewness of -1.02 and kurtosis of 11.97. However, we advise investors to further study Edify Acquisition Corp technical indicators to make sure 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 Edify Acquisition's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Edify Acquisition's stock 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.

Edify Acquisition Fundamentals Vs Peers

Comparing Edify Acquisition'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 Edify Acquisition's direct or indirect competition across all of the common fundamentals between Edify Acquisition and the related equities. This way, we can detect undervalued stocks with similar characteristics as Edify Acquisition or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Edify Acquisition's fundamental indicators could also be used in its relative valuation, which is a method of valuing Edify Acquisition by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Edify Acquisition to competition
FundamentalsEdify AcquisitionPeer Average
Current Valuation52.01 M16.62 B
Cash and Equivalents25 K2.7 B
Total Debt30 K5.32 B
Debt to Equity1.25 %48.70 %

About Edify Acquisition Buy or Sell Advice

When is the right time to buy or sell Edify Acquisition Corp? Buying financial instruments such as Edify Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the stock 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. Although Edify Acquisition investors may find it confusing at the beginning, 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 Edify Acquisition 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 Food Products Thematic Idea Now

Food Products
Food Products Theme
Fama and French focuses on testing asset pricing under different economic assumptions. Food Products theme has 37 constituents.
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Continue to Edify Acquisition 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 Edify Acquisition Corp information on this page should be used as a complementary analysis to other Edify Acquisition'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 Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

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When running Edify Acquisition Corp price analysis, check to measure Edify Acquisition'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 Edify Acquisition is operating at the current time. Most of Edify Acquisition's value examination focuses on studying past and present price action to predict the probability of Edify Acquisition's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Edify Acquisition's price. Additionally, you may evaluate how the addition of Edify Acquisition to your portfolios can decrease your overall portfolio volatility.
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The market value of Edify Acquisition Corp is measured differently than its book value, which is the value of Edify that is recorded on the company's balance sheet. Investors also form their own opinion of Edify Acquisition's value that differs from its market value or its book value, called intrinsic value, which is Edify Acquisition's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Edify Acquisition's market value can be influenced by many factors that don't directly affect Edify Acquisition Corp underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Edify Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine Edify Acquisition value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Edify Acquisition's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.