VIVALDI Mutual Fund Buy Hold or Sell Recommendation

VARAX Fund  USD 10.55  0.01  0.09%   
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding VIVALDI MERGER ARBITRAGE is 'Hold'. Macroaxis provides VIVALDI MERGER buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding VARAX positions. The advice algorithm takes into account all of VIVALDI MERGER's available fundamental, technical, and predictive indicators you will find on this site.
  
The advice is provided from VIVALDI MERGER's buy-and-hold perspective. Also, please take a look at VIVALDI MERGER 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. We conduct extensive research on individual funds such as VIVALDI and provide practical buy, sell, or hold recommendation based on selected investing horizon and risk tolerance towards VIVALDI MERGER ARBITRAGE.

Execute VIVALDI MERGER Buy or Sell Advice

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

Time Horizon

Risk Tolerance

Execute Advice
Sell VIVALDI MERGERBuy VIVALDI MERGER
Hold

Volatility

Details

Hype Condition

Details

Current Valuation

Details

Odds of Distress

Details

Economic Sensitivity

Details

Analyst Consensus

Not Available
Details
For the selected time horizon VIVALDI MERGER ARBITRAGE has a Risk Adjusted Performance of 0.1081, Jensen Alpha of 0.0104, Total Risk Alpha of (0.006955) and Treynor Ratio of 0.684
Our advice tool can cross-verify current analyst consensus on VIVALDI MERGER and to analyze the entity potential to grow for the next few years. Please use VIVALDI MERGER ARBITRAGE number of employees and cash position weight to make buy, hold, or sell decision on VIVALDI MERGER.

VIVALDI MERGER Returns Distribution Density

The distribution of VIVALDI MERGER's historical returns is an attempt to chart the uncertainty of VIVALDI MERGER's future price movements. The chart of the probability distribution of VIVALDI MERGER stock daily returns describes the distribution of returns around its average expected value. We use VIVALDI MERGER ARBITRAGE price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of VIVALDI MERGER returns is essential to provide solid investment advice for VIVALDI MERGER.
Mean Return0.0233Value At Risk-0.09
Potential Upside0.1Standard Deviation0.15
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of VIVALDI MERGER 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.

VIVALDI MERGER 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 VIVALDI MERGER or First Trust 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 VIVALDI MERGER'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 VIVALDI 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
0.010369
β
Beta against NYSE Composite0.0194
σ
Overall volatility
0.16
Ir
Information ratio -0.9

VIVALDI MERGER Volatility Alert

VIVALDI MERGER ARBITRAGE exhibits very low volatility with skewness of 0.52 and kurtosis of 24.66. However, we advise investors to further study VIVALDI MERGER ARBITRAGE technical indicators to ensure that all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure VIVALDI MERGER'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 VIVALDI MERGER'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 stocks as prices fall.

VIVALDI MERGER Fundamentals Vs Peers

Comparing VIVALDI MERGER'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 VIVALDI MERGER's direct or indirect competition across all of the common fundamentals between VIVALDI MERGER and the related equities. This way, we can detect undervalued stocks with similar characteristics as VIVALDI MERGER or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of VIVALDI MERGER's fundamental indicators could also be used in its relative valuation, which is a method of valuing VIVALDI MERGER by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare VIVALDI MERGER to competition
FundamentalsVIVALDI MERGERPeer Average
One Year Return1.00 %4.15 %
Three Year Return2.30 %3.60 %
Net Asset1.92 B4.11 B
Cash Position Weight8.15 %10.61 %
Equity Positions Weight91.85 %63.90 %

About VIVALDI MERGER Buy or Sell Advice

When is the right time to buy or sell VIVALDI MERGER ARBITRAGE? Buying financial instruments such as VIVALDI 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.

Use Investing Ideas to Build Portfolios

In addition to having VIVALDI MERGER 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.

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Diversified Assets
Diversified Assets Theme
Pablicly traded close-end funds and other entities backed by different types of diversified investments. The Diversified Assets theme has 42 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 Diversified Assets Theme or any other thematic opportunities.
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Also, please take a look at VIVALDI MERGER 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 VIVALDI MERGER ARBITRAGE information on this page should be used as a complementary analysis to other VIVALDI MERGER'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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

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When running VIVALDI MERGER ARBITRAGE price analysis, check to measure VIVALDI MERGER'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 VIVALDI MERGER is operating at the current time. Most of VIVALDI MERGER's value examination focuses on studying past and present price action to predict the probability of VIVALDI MERGER's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move VIVALDI MERGER's price. Additionally, you may evaluate how the addition of VIVALDI MERGER to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between VIVALDI MERGER's value and its price as these two are different measures arrived at by different means. Investors typically determine VIVALDI MERGER value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VIVALDI MERGER'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.