Nyse Composite Index Buy Hold or Sell Recommendation
| NYA Index | 15,963 33.84 0.21% |
Assuming the 90 days trading horizon and your bold attitude towards risk, our recommendation regarding NYSE Composite is 'Strong Hold'. Macroaxis provides NYSE Composite buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding NYA positions. The advice algorithm takes into account all of NYSE Composite's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Osisko Gold Ro's buy or sell advice are summarized below:
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell NYSE Composite given historical horizon and risk tolerance towards NYSE Composite. When Macroaxis issues a 'buy' or 'sell' recommendation for NYSE Composite, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any index could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. Also, note that the market value of any index could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. Execute NYSE Composite Buy or Sell Advice
The NYSE recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on NYSE Composite. Macroaxis does not own or have any residual interests in NYSE Composite or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute NYSE Composite's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
For the selected time horizon NYSE Composite has a Risk Adjusted Performance of 0.0185
NYSE Composite Trading Alerts and Improvement Suggestions
| NYSE Composite generated a negative expected return over the last 90 days |
NYSE Composite Returns Distribution Density
The distribution of NYSE Composite's historical returns is an attempt to chart the uncertainty of NYSE Composite's future price movements. The chart of the probability distribution of NYSE Composite stock daily returns describes the distribution of returns around its average expected value. We use NYSE Composite price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of NYSE Composite returns is essential to provide solid investment advice for NYSE Composite.
| Mean Return | 0.0185 | Value At Risk | -1.23 | Potential Upside | 1.02 | Standard Deviation | 0.77 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of NYSE Composite 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.
NYSE Composite 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 NYSE Composite or NYSE 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 NYSE Composite's 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 NYSE 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 | |
β | Beta against NYSE Composite | 0.00 | |
σ | Overall volatility | 0.78 | |
Ir | Information ratio | 0.00 |
NYSE Composite Volatility Alert
NYSE Composite exhibits relatively low volatility with skewness of 0.27 and kurtosis of 0.49. However, we advice investors to further investigate NYSE Composite to ensure all market statistics is disseminated and is consistent with investors' estimations about NYSE Composite upside potential. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure NYSE Composite's index risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact NYSE Composite's 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.NYSE Composite Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as NYSE . 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.
| Accumulation Distribution | 0.0065 | |||
| Daily Balance Of Power | 0.3257 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 15981.1 | |||
| Day Typical Price | 15975.06 | |||
| Market Facilitation Index | 103.9 | |||
| Price Action Indicator | (1.19) |
Use Investing Ideas to Build Portfolios
In addition to having NYSE Composite 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 Industrial Metal Mining Thematic Idea Now
Industrial Metal Mining
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Industrial Metal Mining theme has 61 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 Industrial Metal Mining Theme or any other thematic opportunities.
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Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any index could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Complementary Tools for NYSE Index analysis
When running NYSE Composite's price analysis, check to measure NYSE Composite'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 NYSE Composite is operating at the current time. Most of NYSE Composite's value examination focuses on studying past and present price action to predict the probability of NYSE Composite's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NYSE Composite's price. Additionally, you may evaluate how the addition of NYSE Composite to your portfolios can decrease your overall portfolio volatility.
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