Given the investment horizon of 30 days, and your above average risk tolerance our recommendation regarding Innovation Shares NextGen Vehic is 'Strong Hold'. Macroaxis provides Innovation Shares buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding EKAR positions. The advice algorithm takes into account all of Innovation Shares available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from EKAR buy-and-hold prospective. Additionally see Innovation Shares 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.
For the selected time horizon Innovation Shares NextGen Vehic has a risk adjusted performance of 0.0867, jensen alpha of 0.0531, total risk alpha of 0.0697, sortino ratio of 0.0775 and treynor ratio of 0.4541Macroaxis buy or sell recommendations module can be used to complement current analysts and expert consensus on Innovation Shares NextGen Vehic. Our buy, hold, or sell recommendation engine utilizes analyzes the organization potential to grow using all fundamental data market data available at the time. Please utilize Innovation Shares NextGen Vehic Total Asset to make buy, hold, or sell decision on Innovation Shares.
Odds of Distress
Innovation Shares Trading Alerts and Improvement Suggestions
|Innovation Shares generates negative expected return over the last 30 days|
|Innovation Shares has high likelihood to experience some financial distress in the next 2 years|
|Latest headline from MacroaxisInsider: Exercise or conversion by Mark Reuss of 2967 shares of GM subject to Rule 16b-3|
|The fund retains 99.57% of its assets under management (AUM) in equities|
Innovation Shares Returns Distribution Density
|Mean Return||0.06||Value At Risk||0.96|
|Potential Upside||1.27||Standard Deviation||0.63|
|Security Type||Shares||Value||Jane Street Group Llc||Fund Units||23.8 K||479 K|
Innovation Shares Greeks
|Alpha over DOW||=||0.05|
|Beta against DOW||=||0.11|
Innovation Shares Volatility Alert
Innovation Shares NextGen Vehic has relatively low volatility with skewness of 0.6 and kurtosis of 3.46. However, we advise all investors to independently investigate Innovation Shares NextGen Vehic to ensure market all accessible information is consistent with the expectations about its upside potential and future risk-adjusted return.
|Better Than Average||Worse Than Average||Compare Innovation Shares to competition|
Innovation Shares Fundamental Vs Peers