Assuming 30 trading days horizon, and your above average risk tolerance our recommendation regarding HRNDX-49 is 'Not Rated'. Macroaxis provides HRNDX 49 buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding HRNDX 49 positions. The advice algorithm takes into account all of HRNDX-49 available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from HRNDX 49 buy-and-hold prospective. Please also check Risk vs Return Analysis.
For the selected time horizon HRNDX-49 has a risk adjusted performance of 0.084, jensen alpha of 0.0339, total risk alpha of 0.0756, sortino ratio of 0.0 and treynor ratio of 0.7732We provide buy, hold, or sell suggestion to complement the regular expert consensus on HRNDX 49. Our dynamic recommendation engine utilizes multi - dimensional algorithm to analyze the etf potential to grow using all technical and fundamental data available now.
HRNDX 49 Returns Distribution Density
|Mean Return||0.039459||Value At Risk||0.72|
|Potential Upside||0.73||Standard Deviation||0.51|