Eversource Energy 345 Buy Hold or Sell Recommendation
| 30040WAH1 | 79.05 0.00 0.00% |
Assuming the 90 days trading horizon and your complete indifference towards market risk, our recommendation regarding Eversource Energy 345 is 'Strong Buy'. Macroaxis provides Eversource buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding 30040WAH1 positions. The advice algorithm takes into account all of Eversource's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Eversource's buy or sell advice are summarized below:
Real Value 67.98 | Hype Value 79.05 | Market Value 79.05 | Naive Value 81.9 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Eversource Energy 345 given historical horizon and risk tolerance towards Eversource. When Macroaxis issues a 'buy' or 'sell' recommendation for Eversource Energy 345, the advice is generated through an automated system that utilizes algorithms and statistical models.
Eversource |
Execute Eversource Buy or Sell Advice
The Eversource recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Eversource Energy 345. Macroaxis does not own or have any residual interests in Eversource Energy 345 or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Eversource's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | Modest | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds of Default | Below Average | Details | |
Economic Sensitivity | Actively responds to the market | Details |
Eversource Trading Alerts and Improvement Suggestions
| Eversource had very high historical volatility over the last 90 days |
Eversource Returns Distribution Density
The distribution of Eversource's historical returns is an attempt to chart the uncertainty of Eversource's future price movements. The chart of the probability distribution of Eversource daily returns describes the distribution of returns around its average expected value. We use Eversource Energy 345 price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Eversource returns is essential to provide solid investment advice for Eversource.
| Mean Return | 0.30 | Value At Risk | -1.71 | Potential Upside | 1.92 | Standard Deviation | 3.58 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Eversource 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.
Eversource 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 Eversource or Unassigned 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 Eversource'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 Eversource 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 | 0.13 | |
β | Beta against NYSE Composite | 1.89 | |
σ | Overall volatility | 3.58 | |
Ir | Information ratio | 0.06 |
Eversource Volatility Alert
Eversource Energy 345 currently demonstrates below-average downside deviation. It has Information Ratio of 0.06 and Jensen Alpha of 0.13. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Eversource'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 Eversource'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.Eversource Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Eversource . 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 Eversource Buy or Sell Advice
When is the right time to buy or sell Eversource Energy 345? Buying financial instruments such as Eversource 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.
Use Investing Ideas to Build Portfolios
In addition to having Eversource 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?
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Disruptive Technologies
New or established technology companies and funds across multiple sectors that are involved in development or marketing of products or services that experience disruptive trends and that are at the forefront of discussions on Wall Street. The Disruptive Technologies theme has 63 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 Disruptive Technologies Theme or any other thematic opportunities.
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Check out Eversource 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. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.