WF Absolute Buy Hold or Sell Recommendation

WA
WABIX -- USA Fund  

USD 10.19  0.00  0.00%

Assuming the 30 trading days horizon, and your above average risk tolerance our recommendation regarding WF Absolute Return is 'Hold'. Macroaxis provides WF Absolute buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding WABIX positions. The advice algorithm takes into account all of WF Absolute Return available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from WABIX buy-and-hold perspective. Check out WF Absolute Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments please use Instant Ratings tool.

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Time Horizon

Risk Tolerance

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Sell WF AbsoluteBuy WF Absolute
Hold

Hype Condition

Current Valuation

Odds of Distress

Analyst Consensus

Not Available
For the selected time horizon WF Absolute Return has a mean deviation of 0.7234, semi deviation of 1.03, standard deviation of 1.28, variance of 1.63, downside variance of 2.21 and semi variance of 1.07
Our buy or sell recommendation tool can be used to cross verify current analyst consensus on WF Absolute Return and to analyze the fund potential to grow this quarter and beyond. Use WF Absolute Return price to earning, three year return, as well as the relationship between the Three Year Return and cash position weight to ensure your buy or sell decision on WF Absolute Return is adequate.

WF Absolute Trading Alerts and Improvement Suggestions

The fund generated three year return of 0.0%
WF Absolute Return keeps about 28.52% of its net assets in cash

WF Absolute Returns Distribution Density

The chart of the probability distribution of WF Absolute stock daily returns describes the distribution of returns around its average expected value. We use WF Absolute Return' stock's Value At Risk and its Upside Potential as a relative measure of the distribution. The distribution of WF Absolute returns is essential to provide solid investment advice for WF Absolute stock.
Mean Return0.1Value At Risk-1.6
Potential Upside2.10Standard Deviation1.28
 Return Density 
      Distribution 
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of WF Absolute 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.

WF Absolute 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 WF Absolute or WF Absolute Return 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 WF Absolute stock's price will be affected by overall stock 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 WABIX stock'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 DOW
=0.12
β
Beta against DOW=-0.11
σ
Overall volatility
=1.27
Ir
Information ratio =-0.17

WF Absolute Volatility Alert

WF Absolute Return has relatively low volatility with skewness of 0.31 and kurtosis of 5.43. However, we advise all investors to independently investigate WF Absolute Return to ensure market all accessible information is consistent with the expectations about its upside potential and future risk-adjusted return.
    
 Better Than Average     
    
 Worse Than Average Compare WF Absolute to competition

WF Absolute Fundamental Vs Peers

FundamentalsWF AbsolutePeer Average
Price to Earning12.37 X6.53 X
Price to Book1.24 X0.74 X
Price to Sales0.83 X0.61 X
One Year Return(4.54) %4.15 %
Three Year Return(0.41) %3.60 %
Five Year Return0.19 %3.24 %
Ten Year Return3.64 %1.79 %
Net Asset2.21 B4.11 B
Minimum Initial Investment1000 K976.16 K
Last Dividend Paid0.330.65
Cash Position Weight28.52 %10.61 %
Equity Positions Weight37.21 %63.90 %
Bond Positions Weight31.79 %11.24 %

About WF Absolute Buy or Sell Advice

When is the right time to buy or sell WF Absolute Return? Buying funds such as WF Absolute isn't very hard. However, what challenging for most investors is doing it at the right time to beat the stock 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 bases. Although WF Absolute investors may find it confusing at the beginning, 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 WF Absolute Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments please use Instant Ratings tool. Please also try Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Macroaxis is not a registered investment advisor or broker/dealer. All investments, including stocks, funds, ETFs, or cryptocurrencies, are speculative and involve substantial risk of loss. We encourage our investors to invest carefully. Much of our information is derived directly from data published by companies or submitted to governmental agencies which we believe are reliable, but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way warrant or guarantee the success of any action you take in reliance on our statements or recommendations. Also, note that past performance is not necessarily indicative of future results. All investments carry risk, and all investment decisions of an individual remain the responsibility of that individual. There is no guarantee that systems, indicators, or signals will result in profits or that they will not result in losses. All investors are advised to fully understand all risks associated with any investing they choose to do. Hypothetical or simulated performance is not indicative of future results. We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown because hypothetical or simulated performance is not necessarily indicative of future results. For more information please visit our terms and condition page