Mirae Asset (India) Buy Hold or Sell Recommendation

MANXT50ETF -  India Stock  

INR 434.46  3.89  0.90%

Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Mirae Asset Mutual is 'Strong Buy'. Macroaxis provides Mirae Asset buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding MANXT50ETF positions. The advice algorithm takes into account all of Mirae Asset's available fundamental, technical, and predictive indicators you will find on this site.

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The advice is provided from Mirae Asset's buy-and-hold perspective. Additionally, see Mirae Asset 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. We conduct extensive research on individual companies such as Mirae and provide practical buy, sell, or hold advice based on selected investing horizon and risk tolerance towards Mirae Asset Mutual.

Execute Mirae Asset Buy or Sell Advice

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

Time Horizon

Risk Tolerance

Execute Advice
Sell Mirae AssetBuy Mirae Asset
Strong Buy

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

UndervaluedDetails

Odds of Distress

Close to AverageDetails

Economic Sensitivity

Barely shadows the marketDetails

Analyst Consensus

Not AvailableDetails

Reporting Quality (M-Score)

InapplicableDetails
For the selected time horizon Mirae Asset Mutual has a Risk Adjusted Performance of 0.2339, Jensen Alpha of 0.353, Total Risk Alpha of 0.328, Sortino Ratio of 0.3744 and Treynor Ratio of 4.21
Macroaxis provides trade recommendations on Mirae Asset Mutual to complement and cross-verify current analyst consensus on Mirae Asset. Our advice engine determines the firm's potential to grow exclusively from the perspective of an investor's current risk tolerance and investing horizon.

Mirae Asset Returns Distribution Density

The distribution of Mirae Asset's historical returns is an attempt to chart the future uncertainty of Mirae Asset's future price movements. The chart of the probability distribution of Mirae Asset stock daily returns describes the distribution of returns around its average expected value. We use Mirae Asset Mutual price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Mirae Asset returns is essential to provide solid investment advice for Mirae Asset stock.
Mean Return0.36Value At Risk-1.41
Potential Upside2.17Standard Deviation1.09
 Return Density 
      Distribution 
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Mirae Asset 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.

Mirae Asset 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 Mirae Asset or Mirae Asset Mutual 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 Mirae Asset stock's price will be affected by overall stock 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 Mirae stock'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 DOW
0.35
β
Beta against DOW0.08
σ
Overall volatility
1.12
Ir
Information ratio 0.31

Mirae Asset Volatility Alert

Mirae Asset Mutual has low volatility with Treynor Ratio of 4.21, Maximum Drawdown of 5.28 and kurtosis of 1.45. However, we advice all investors to further analyze Mirae Asset Mutual to make certain all market information is desiminated and is consistent with the current expectations about Mirae Asset upside potential. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Mirae Asset's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Mirae Asset's stock 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.

About Mirae Asset Buy or Sell Advice

When is the right time to buy or sell Mirae Asset Mutual? Buying financial instruments such as Mirae Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the stock 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. Although Mirae Asset investors may find it confusing at the beginning, 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 Mirae Asset 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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Money Market Theme
Funds or Etfs investing in various types of short-term (less than one year) fixed income instruments of high-quality and liquidity. Money Market theme has 40 constituents.
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Additionally, see Mirae Asset 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 Mirae Asset Mutual information on this page should be used as a complementary analysis to other Mirae Asset'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 Bond Directory module to find actively traded corporate debentures issued by US companies.

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