Microsectors Fang Index Etf Buy Hold or Sell Recommendation
| FNGD Etf | USD 40.42 0.62 1.56% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding MicroSectors FANG Index is 'Strong Sell'. Macroaxis provides MicroSectors FANG buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding FNGD positions. The advice algorithm takes into account all of MicroSectors FANG's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting MicroSectors FANG's buy or sell advice are summarized below:
Real Value 37.11 | Hype Value 40.42 | Market Value 40.42 | Naive Value 43.15 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell MicroSectors FANG Index given historical horizon and risk tolerance towards MicroSectors FANG. When Macroaxis issues a 'buy' or 'sell' recommendation for MicroSectors FANG Index, the advice is generated through an automated system that utilizes algorithms and statistical models.
MicroSectors |
Execute MicroSectors FANG Buy or Sell Advice
The MicroSectors recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on MicroSectors FANG Index. Macroaxis does not own or have any residual interests in MicroSectors FANG Index or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute MicroSectors FANG's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Actively responds to the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details |
MicroSectors FANG Trading Alerts and Improvement Suggestions
| MicroSectors FANG generated a negative expected return over the last 90 days | |
| MicroSectors FANG has high historical volatility and very poor performance | |
| MicroSectors FANG Index created five year return of -75.0% | |
| This fund retains all of its assets under management (AUM) in equities |
MicroSectors FANG Returns Distribution Density
The distribution of MicroSectors FANG's historical returns is an attempt to chart the uncertainty of MicroSectors FANG's future price movements. The chart of the probability distribution of MicroSectors FANG daily returns describes the distribution of returns around its average expected value. We use MicroSectors FANG Index price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of MicroSectors FANG returns is essential to provide solid investment advice for MicroSectors FANG.
| Mean Return | -0.46 | Value At Risk | -7.59 | Potential Upside | 6.43 | Standard Deviation | 4.55 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of MicroSectors FANG 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.
MicroSectors FANG 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 MicroSectors FANG or BMO Capital Markets 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 MicroSectors FANG's price will be affected by overall etf 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 MicroSectors etf'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 | -0.4 | |
β | Beta against NYSE Composite | -1.28 | |
σ | Overall volatility | 4.54 | |
Ir | Information ratio | -0.12 |
MicroSectors FANG Volatility Alert
MicroSectors FANG Index exhibits very low volatility with skewness of -0.7 and kurtosis of 1.16. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure MicroSectors FANG's etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact MicroSectors FANG's etf 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.MicroSectors FANG Fundamentals Vs Peers
Comparing MicroSectors FANG'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 MicroSectors FANG's direct or indirect competition across all of the common fundamentals between MicroSectors FANG and the related equities. This way, we can detect undervalued stocks with similar characteristics as MicroSectors FANG or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of MicroSectors FANG's fundamental indicators could also be used in its relative valuation, which is a method of valuing MicroSectors FANG by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare MicroSectors FANG to competition |
| Fundamentals | MicroSectors FANG | Peer Average |
| Price To Sales | 1.05 X | 0.33 X |
| Beta | -3.5 | |
| One Year Return | (80.10) % | (0.97) % |
| Three Year Return | (58.90) % | 3.23 % |
| Five Year Return | (74.80) % | 1.12 % |
| Net Asset | 183.6 M | 2.29 B |
| Equity Positions Weight | 100.00 % | 52.82 % |
MicroSectors FANG Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as MicroSectors . 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.
About MicroSectors FANG Buy or Sell Advice
When is the right time to buy or sell MicroSectors FANG Index? Buying financial instruments such as MicroSectors Etf 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 MicroSectors FANG 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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Drugs
Companies involved in medical and pharmaceutical drug research, manufacturing, and delivery. The Drugs theme has 37 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 Drugs Theme or any other thematic opportunities.
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Check out MicroSectors FANG 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 MicroSectors FANG Index information on this page should be used as a complementary analysis to other MicroSectors FANG'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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
The market value of MicroSectors FANG Index is measured differently than its book value, which is the value of MicroSectors that is recorded on the company's balance sheet. Investors also form their own opinion of MicroSectors FANG's value that differs from its market value or its book value, called intrinsic value, which is MicroSectors FANG'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 MicroSectors FANG's market value can be influenced by many factors that don't directly affect MicroSectors FANG's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MicroSectors FANG's value and its price as these two are different measures arrived at by different means. Investors typically determine if MicroSectors FANG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MicroSectors FANG'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.