Sparindex INDEX (Denmark) Buy Hold or Sell Recommendation

SPIC25KL  DKK 281.00  0.50  0.18%   
Assuming the 90 days trading horizon and your highly speculative risk level, our recommendation regarding Sparindex INDEX OMX is 'Hold'. Macroaxis provides Sparindex INDEX buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding SPIC25KL positions. The advice algorithm takes into account all of Sparindex INDEX'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:
Real Value
280.03
Hype Value
281.5
Market Value
281
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Sparindex INDEX OMX given historical horizon and risk tolerance towards Sparindex INDEX. When Macroaxis issues a 'buy' or 'sell' recommendation for Sparindex INDEX OMX, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Sparindex INDEX 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.
In addition, we conduct extensive research on individual funds such as Sparindex and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Sparindex INDEX OMX. Also, note that the market value of any Fund could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

Execute Sparindex INDEX Buy or Sell Advice

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

Time Horizon

Risk Tolerance

Execute Advice
Sell Sparindex INDEXBuy Sparindex INDEX
Hold

Market Performance

WeakDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds Of Distress

About AverageDetails

Economic Sensitivity

Barely shadows the marketDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon Sparindex INDEX OMX has a Risk Adjusted Performance of 0.0481, Jensen Alpha of 0.06, Total Risk Alpha of (0.18), Sortino Ratio of (0.04) and Treynor Ratio of 0.8652
Macroaxis provides recommendation on Sparindex INDEX OMX to complement and cross-verify current analyst consensus on Sparindex INDEX OMX. Our trade recommendation engine determines the fund's potential to grow exclusively from the perspective of an investor's current risk tolerance and investing horizon.

Sparindex INDEX thematic classifications

Sparindex INDEX Returns Distribution Density

The distribution of Sparindex INDEX's historical returns is an attempt to chart the uncertainty of Sparindex INDEX's future price movements. The chart of the probability distribution of Sparindex INDEX stock daily returns describes the distribution of returns around its average expected value. We use Sparindex INDEX OMX price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Sparindex INDEX returns is essential to provide solid investment advice for Sparindex INDEX.
Mean Return
0.08
Value At Risk
-0.94
Potential Upside
1.16
Standard Deviation
1.18
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Sparindex INDEX 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.

Sparindex INDEX 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 Sparindex INDEX or Commodities Funds 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 Sparindex INDEX's price will be affected by overall 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 Sparindex 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
0.06
β
Beta against NYSE Composite0.08
σ
Overall volatility
1.18
Ir
Information ratio -0.05

Sparindex INDEX Volatility Alert

Sparindex INDEX OMX has relatively low volatility with skewness of -3.97 and kurtosis of 26.06. However, we advise all investors to independently investigate Sparindex INDEX OMX 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 Sparindex INDEX's fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Sparindex INDEX's 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 stocks as prices fall.

Sparindex INDEX Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Sparindex . 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.

About Sparindex INDEX Buy or Sell Advice

When is the right time to buy or sell Sparindex INDEX OMX? Buying financial instruments such as Sparindex 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 Sparindex INDEX 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 Cryptocurrency ETFs Thematic Idea Now

Cryptocurrency ETFs
Cryptocurrency ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Cryptocurrency ETFs theme has 30 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 Cryptocurrency ETFs Theme or any other thematic opportunities.
View All  Next Launch
Check out Sparindex INDEX 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 Sparindex INDEX OMX information on this page should be used as a complementary analysis to other Sparindex INDEX'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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

Complementary Tools for Sparindex Fund analysis

When running Sparindex INDEX's price analysis, check to measure Sparindex INDEX'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 Sparindex INDEX is operating at the current time. Most of Sparindex INDEX's value examination focuses on studying past and present price action to predict the probability of Sparindex INDEX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sparindex INDEX's price. Additionally, you may evaluate how the addition of Sparindex INDEX to your portfolios can decrease your overall portfolio volatility.
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Equity Valuation
Check real value of public entities based on technical and fundamental data
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Please note, there is a significant difference between Sparindex INDEX's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sparindex INDEX is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sparindex INDEX's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.