Old Westbury Municipal Fund Buy Hold or Sell Recommendation
| OWMBX Fund | USD 11.43 0.01 0.09% |
Assuming the 90 days horizon and your slightly conservative level of risk, our recommendation regarding Old Westbury Municipal is 'Cautious Hold'. Macroaxis provides Old Westbury buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding OWMBX positions. The advice algorithm takes into account all of Old Westbury's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Old Westbury's buy or sell advice are summarized below:
Real Value 11.46 | Hype Value 11.43 | Market Value 11.43 | Naive Value 11.47 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Old Westbury Municipal given historical horizon and risk tolerance towards Old Westbury. When Macroaxis issues a 'buy' or 'sell' recommendation for Old Westbury Municipal, the advice is generated through an automated system that utilizes algorithms and statistical models.
Old |
Execute Old Westbury Buy or Sell Advice
The Old recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Old Westbury Municipal. Macroaxis does not own or have any residual interests in Old Westbury Municipal or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Old Westbury's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Analyst Consensus | Not Available | Details |
Old Westbury Trading Alerts and Improvement Suggestions
| Old Westbury generated a negative expected return over the last 90 days | |
| The fund generated three year return of -1.0% | |
| Old Westbury Municipal maintains about 5.03% of its assets in cash |
Old Westbury Returns Distribution Density
The distribution of Old Westbury's historical returns is an attempt to chart the uncertainty of Old Westbury's future price movements. The chart of the probability distribution of Old Westbury daily returns describes the distribution of returns around its average expected value. We use Old Westbury Municipal price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Old Westbury returns is essential to provide solid investment advice for Old Westbury.
| Mean Return | -0.0078 | Value At Risk | -0.26 | Potential Upside | 0.17 | Standard Deviation | 0.18 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Old Westbury 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.
Old Westbury 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 Old Westbury or Old Westbury 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 Old Westbury'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 Old 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 | -0.0084 | |
σ | Overall volatility | 0.18 | |
Ir | Information ratio | -0.53 |
Old Westbury Volatility Alert
Old Westbury Municipal exhibits very low volatility with skewness of -1.23 and kurtosis of 8.74. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Old Westbury'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 Old Westbury'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.Old Westbury Fundamentals Vs Peers
Comparing Old Westbury'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 Old Westbury's direct or indirect competition across all of the common fundamentals between Old Westbury and the related equities. This way, we can detect undervalued stocks with similar characteristics as Old Westbury or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Old Westbury's fundamental indicators could also be used in its relative valuation, which is a method of valuing Old Westbury by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Old Westbury to competition |
| Fundamentals | Old Westbury | Peer Average |
| Annual Yield | 0.01 % | 0.29 % |
| Year To Date Return | 4.02 % | 0.39 % |
| One Year Return | 1.09 % | 4.15 % |
| Three Year Return | (1.04) % | 3.60 % |
| Five Year Return | 0.72 % | 3.24 % |
| Ten Year Return | 2.23 % | 1.79 % |
| Net Asset | 2.3 B | 4.11 B |
| Minimum Initial Investment | 1 K | 976.16 K |
| Last Dividend Paid | 0.03 | 0.65 |
| Cash Position Weight | 5.03 % | 10.61 % |
| Bond Positions Weight | 94.97 % | 11.24 % |
Old Westbury Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Old . 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 | 1.0 | |||
| Day Median Price | 11.43 | |||
| Day Typical Price | 11.43 | |||
| Price Action Indicator | 0.005 | |||
| Period Momentum Indicator | 0.01 |
About Old Westbury Buy or Sell Advice
When is the right time to buy or sell Old Westbury Municipal? Buying financial instruments such as Old 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.
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Check out Old Westbury 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 Old Westbury Municipal information on this page should be used as a complementary analysis to other Old Westbury'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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.