CANADIAN NAT RES Buy Hold or Sell Recommendation
| 136385AT8 | 98.31 0.00 0.00% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding CANADIAN NAT RES is 'Strong Buy'. Macroaxis provides CANADIAN buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding CANADIAN positions. The advice algorithm takes into account all of CANADIAN's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting CANADIAN's buy or sell advice are summarized below:
Real Value 116.34 | Hype Value 98.31 | Market Value 98.31 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell CANADIAN NAT RES given historical horizon and risk tolerance towards CANADIAN. When Macroaxis issues a 'buy' or 'sell' recommendation for CANADIAN NAT RES, the advice is generated through an automated system that utilizes algorithms and statistical models.
CANADIAN |
Execute CANADIAN Buy or Sell Advice
The CANADIAN recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on CANADIAN NAT RES. Macroaxis does not own or have any residual interests in CANADIAN NAT RES or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute CANADIAN's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds of Default | Below Average | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details |
CANADIAN Trading Alerts and Improvement Suggestions
| CANADIAN NAT RES generated a negative expected return over the last 90 days |
CANADIAN Returns Distribution Density
The distribution of CANADIAN's historical returns is an attempt to chart the uncertainty of CANADIAN's future price movements. The chart of the probability distribution of CANADIAN daily returns describes the distribution of returns around its average expected value. We use CANADIAN NAT RES price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of CANADIAN returns is essential to provide solid investment advice for CANADIAN.
| Mean Return | -0.02 | Value At Risk | -0.13 | Potential Upside | 0.19 | Standard Deviation | 0.23 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of CANADIAN 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.
CANADIAN 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 CANADIAN or Oil And Gas 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 CANADIAN's price will be affected by overall bond 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 CANADIAN bond'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 | -0.03 | |
β | Beta against NYSE Composite | -0.0049 | |
σ | Overall volatility | 0.23 | |
Ir | Information ratio | -0.33 |
CANADIAN Volatility Alert
CANADIAN NAT RES exhibits very low volatility with skewness of -6.26 and kurtosis of 44.0. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure CANADIAN's bond risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact CANADIAN's bond 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.CANADIAN Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as CANADIAN . 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 CANADIAN Buy or Sell Advice
When is the right time to buy or sell CANADIAN NAT RES? Buying financial instruments such as CANADIAN Bond 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 CANADIAN 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 CANADIAN NAT RES information on this page should be used as a complementary analysis to other CANADIAN'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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.