Dow Jones Index Buy Hold or Sell Recommendation

Name: Dow Jones: Strong Hold
Start: 2023-04-01
End: 2023-04-01
Location: Dow Jones Islamic

Summary

IMUS Index

8,193 133.02 1.65%

Assuming the 90 days trading horizon and your typical level of risk aversion, our recommendation regarding Dow Jones Islamic is 'Strong Hold'. Macroaxis provides Dow Jones buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding IMUS positions. The advice algorithm takes into account all of Dow Jones' available fundamental, technical, and predictive indicators you will find on this site.

The advice is provided from Dow Jones' buy-and-hold perspective. Check out Risk vs Return Analysis.

Execute Dow Jones Buy or Sell Advice

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

Time Horizon

Risk Tolerance

Execute Advice

Strong Hold

Economic Sensitivity

Insignificant

Details

For the selected time horizon Dow Jones Islamic has a Risk Adjusted Performance of 0.1453, Total Risk Alpha of 0.1494 and Sortino Ratio of 0.1412

Dow Jones Returns Distribution Density

The distribution of Dow Jones' historical returns is an attempt to chart the uncertainty of Dow Jones' future price movements. The chart of the probability distribution of Dow Jones stock daily returns describes the distribution of returns around its average expected value. We use Dow Jones Islamic price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Dow Jones returns is essential to provide solid investment advice for Dow Jones.

Mean Return	0.17	Value At Risk	-1.6
Potential Upside	1.98	Standard Deviation	1.14

Return Density

Distribution

Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Dow Jones 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.

Backtest Dow Jones Islamic

Dow Jones 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 Dow Jones or Dow Jones Islamic 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 Dow Jones' price will be affected by overall index 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 Dow Jones index'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	0.00	Details
β	Beta against NYSE Composite	0.00	Details
σ	Overall volatility	1.15	Details
Ir	Information ratio	0.13	Details

Dow Jones Volatility Alert

Dow Jones Islamic has relatively low volatility with skewness of 0.01 and kurtosis of -0.83. However, we advise all investors to independently investigate Dow Jones Islamic to ensure all accessible information is consistent with the expectations about its upside potential and future expected returns. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Dow Jones' index risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Dow Jones' index 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.

Use Investing Ideas to Build Portfolios

In addition to having Dow Jones 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.

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Top Cryptocurrency

Dynamically computed list of top cryptocurrencies sorted bymarket capitalization. The Top Cryptocurrency theme has 50 constituents at this time.

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Launch

Check out Risk vs Return Analysis. You can also try Global Correlations module to find global opportunities by holding instruments from different markets.

Complementary Tools for analysis

When running Dow Jones Islamic price analysis, check to measure Dow Jones' 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 Dow Jones is operating at the current time. Most of Dow Jones' value examination focuses on studying past and present price action to predict the probability of Dow Jones' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Dow Jones' price. Additionally, you may evaluate how the addition of Dow Jones to your portfolios can decrease your overall portfolio volatility.

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