Longboard Alternative Growth Fund Buy Hold or Sell Recommendation
LONGX Fund | USD 14.03 0.14 1.01% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Longboard Alternative Growth is 'Strong Hold'. Macroaxis provides Longboard Alternative buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding LONGX positions. The advice algorithm takes into account all of Longboard Alternative's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Longboard Alternative's buy or sell advice are summarized below:
Real Value 13.84 | Hype Value 14.03 | Market Value 14.03 | Naive Value 14.06 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Longboard Alternative Growth given historical horizon and risk tolerance towards Longboard Alternative. When Macroaxis issues a 'buy' or 'sell' recommendation for Longboard Alternative Growth, the advice is generated through an automated system that utilizes algorithms and statistical models.
Longboard |
Execute Longboard Alternative Buy or Sell Advice
The Longboard recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Longboard Alternative Growth. Macroaxis does not own or have any residual interests in Longboard Alternative Growth or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Longboard Alternative's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
Strong Hold
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Responds to the market | Details | |
Analyst Consensus | Not Available | Details |
Longboard Alternative Trading Alerts and Improvement Suggestions
The fund maintains about 89.49% of its assets in cash |
Longboard Alternative Returns Distribution Density
The distribution of Longboard Alternative's historical returns is an attempt to chart the uncertainty of Longboard Alternative's future price movements. The chart of the probability distribution of Longboard Alternative daily returns describes the distribution of returns around its average expected value. We use Longboard Alternative Growth price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Longboard Alternative returns is essential to provide solid investment advice for Longboard Alternative.
Mean Return | 0.14 | Value At Risk | -0.93 | Potential Upside | 1.17 | Standard Deviation | 0.75 |
Return Density |
Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Longboard Alternative 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.
Longboard Alternative 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 Longboard Alternative or Longboard 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 Longboard Alternative's price will be affected by overall mutual fund 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 Longboard fund'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 | -0.02 | |
β | Beta against NYSE Composite | 1.21 | |
σ | Overall volatility | 0.77 | |
Ir | Information ratio | 0.01 |
Longboard Alternative Volatility Alert
Longboard Alternative Growth has low volatility with Treynor Ratio of 0.11, Maximum Drawdown of 3.37 and kurtosis of 0.57. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Longboard Alternative's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Longboard Alternative's mutual fund 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.Longboard Alternative Fundamentals Vs Peers
Comparing Longboard Alternative'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 Longboard Alternative's direct or indirect competition across all of the common fundamentals between Longboard Alternative and the related equities. This way, we can detect undervalued stocks with similar characteristics as Longboard Alternative or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Longboard Alternative's fundamental indicators could also be used in its relative valuation, which is a method of valuing Longboard Alternative by comparing valuation metrics with those of similar companies.
Better Than Average | Worse Than Average | Compare Longboard Alternative to competition |
Fundamentals | Longboard Alternative | Peer Average |
Annual Yield | 0.05 % | 0.29 % |
Year To Date Return | 8.18 % | 0.39 % |
One Year Return | 19.97 % | 4.15 % |
Three Year Return | 2.62 % | 3.60 % |
Five Year Return | 10.03 % | 3.24 % |
Net Asset | 102.92 M | 4.11 B |
Minimum Initial Investment | 10 K | 976.16 K |
Last Dividend Paid | 0.3 | 0.65 |
Cash Position Weight | 89.49 % | 10.61 % |
Longboard Alternative Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Longboard . 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.
Daily Balance Of Power | 9.2 T | |||
Rate Of Daily Change | 1.01 | |||
Day Median Price | 14.03 | |||
Day Typical Price | 14.03 | |||
Price Action Indicator | 0.07 | |||
Period Momentum Indicator | 0.14 | |||
Relative Strength Index | 85.14 |
About Longboard Alternative Buy or Sell Advice
When is the right time to buy or sell Longboard Alternative Growth? Buying financial instruments such as Longboard Mutual Fund 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 Longboard Alternative 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 Health Management Thematic Idea Now
Health Management
Major hospitals and healthcare providers. The Health Management theme has 46 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 Health Management Theme or any other thematic opportunities.
View All Next | Launch |
Check out Longboard Alternative 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 Longboard Alternative information on this page should be used as a complementary analysis to other Longboard Alternative'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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Complementary Tools for Longboard Mutual Fund analysis
When running Longboard Alternative's price analysis, check to measure Longboard Alternative'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 Longboard Alternative is operating at the current time. Most of Longboard Alternative's value examination focuses on studying past and present price action to predict the probability of Longboard Alternative's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Longboard Alternative's price. Additionally, you may evaluate how the addition of Longboard Alternative to your portfolios can decrease your overall portfolio volatility.
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk |