Encore Wire Buy Hold or Sell Recommendation

WIREDelisted Stock  USD 289.84  0.00  0.00%   
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Encore Wire is 'Not Rated'. Macroaxis provides Encore Wire buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding WIRE positions.
  
Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Note, we conduct extensive research on individual companies such as Encore and provide practical buy, sell, or hold advice based on investors' constraints. Encore Wire. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Execute Encore Wire Buy or Sell Advice

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

Time Horizon

Risk Tolerance

Execute Advice
Sell Encore WireBuy Encore Wire
Not Rated
For the selected time horizon Encore Wire has a Risk Adjusted Performance of 0.0697, Jensen Alpha of 0.154, Total Risk Alpha of 0.0046, Sortino Ratio of 0.1053 and Treynor Ratio of (3.78)
Macroaxis provides advice on Encore Wire to complement and cross-verify current analyst consensus on Encore Wire. Our investment recommendation engine determines the company's potential to grow exclusively from the perspective of an investor's current risk tolerance and investing horizon. To make sure Encore Wire is not overpriced, please confirm all Encore Wire fundamentals, including its number of shares shorted, total debt, beta, as well as the relationship between the gross profit and short ratio . Given that Encore Wire has a price to earning of 31.30 X, we urge you to verify Encore Wire market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.

Encore Wire Trading Alerts and Improvement Suggestions

Encore Wire is not yet fully synchronised with the market data
Encore Wire has a very high chance of going through financial distress in the upcoming years
Over 93.0% of the company outstanding shares are owned by institutional investors
Latest headline from time.com: Disposition of 14100 shares by Wilson John H of Encore Wire at 290.0 subject to Rule 16b-3

Encore Wire Returns Distribution Density

The distribution of Encore Wire's historical returns is an attempt to chart the uncertainty of Encore Wire's future price movements. The chart of the probability distribution of Encore Wire daily returns describes the distribution of returns around its average expected value. We use Encore Wire price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Encore Wire returns is essential to provide solid investment advice for Encore Wire.
Mean Return
0.16
Value At Risk
-1.25
Potential Upside
1.78
Standard Deviation
1.67
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Encore Wire 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.
Note: Exercise or conversion by Daniel Jones of 30000 shares of Encore Wire subject to Rule 16b-3 [view details]

Encore Wire Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Encore . 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 Encore Wire Buy or Sell Advice

When is the right time to buy or sell Encore Wire? Buying financial instruments such as Encore Stock 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 Encore Wire 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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Apparel
Apparel Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Apparel theme has 49 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 Apparel Theme or any other thematic opportunities.
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Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

Other Consideration for investing in Encore Stock

If you are still planning to invest in Encore Wire check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Encore Wire's history and understand the potential risks before investing.
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