Zega Buy And Etf Buy Hold or Sell Recommendation

ZHDG Etf  USD 19.30  0.09  0.47%   
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding ZEGA Buy and is 'Sell'. Macroaxis provides ZEGA Buy buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ZEGA Buy positions.
  
Check out ZEGA Buy 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, we conduct extensive research on individual funds such as ZEGA and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards ZEGA Buy and. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

Execute ZEGA Buy Buy or Sell Advice

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

Time Horizon

Risk Tolerance

Execute Advice
Sell ZEGA BuyBuy ZEGA Buy
Sell

Market Performance

OKDetails

Volatility

Very steadyDetails

Hype Condition

Low keyDetails

Current Valuation

OvervaluedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Moves indifferently to market movesDetails

Investor Sentiment

ImpartialDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon ZEGA Buy and has a Mean Deviation of 0.4836, Semi Deviation of 0.5511, Standard Deviation of 0.6157, Variance of 0.379, Downside Variance of 0.4387 and Semi Variance of 0.3037
Our recommendation tool can cross-verify current analyst consensus on ZEGA Buy and to analyze the etf potential to grow next year. Please check out ZEGA Buy one year return to decide if your ZEGA Buy buy or sell deciscion is justified.

ZEGA Buy Trading Alerts and Improvement Suggestions

The fund keeps about 5.02% of its net assets in bonds

ZEGA Buy Returns Distribution Density

The distribution of ZEGA Buy's historical returns is an attempt to chart the uncertainty of ZEGA Buy's future price movements. The chart of the probability distribution of ZEGA Buy daily returns describes the distribution of returns around its average expected value. We use ZEGA Buy and price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of ZEGA Buy returns is essential to provide solid investment advice for ZEGA Buy.
Mean Return
0.07
Value At Risk
-0.87
Potential Upside
1.00
Standard Deviation
0.62
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of ZEGA Buy 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.

ZEGA Buy 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 ZEGA Buy or ZEGA 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 ZEGA Buy's price will be affected by overall etf 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 ZEGA etf'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
0.06
β
Beta against NYSE Composite-0.04
σ
Overall volatility
0.61
Ir
Information ratio 0.12

ZEGA Buy Volatility Alert

ZEGA Buy and exhibits relatively low volatility with skewness of -0.42 and kurtosis of 0.52. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure ZEGA Buy's etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact ZEGA Buy's etf 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.

ZEGA Buy Fundamentals Vs Peers

Comparing ZEGA Buy'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 ZEGA Buy's direct or indirect competition across all of the common fundamentals between ZEGA Buy and the related equities. This way, we can detect undervalued stocks with similar characteristics as ZEGA Buy or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of ZEGA Buy's fundamental indicators could also be used in its relative valuation, which is a method of valuing ZEGA Buy by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare ZEGA Buy to competition
FundamentalsZEGA BuyPeer Average
One Year Return14.90 %(0.97) %
Net Asset84.6 M2.29 B
Equity Positions Weight27.29 %52.82 %
Bond Positions Weight5.02 %8.16 %

ZEGA Buy Market Momentum

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

When is the right time to buy or sell ZEGA Buy and? Buying financial instruments such as ZEGA Etf 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 ZEGA Buy 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?

Run Broad Sovereign ETFs Thematic Idea Now

Broad Sovereign ETFs
Broad Sovereign ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Broad Sovereign ETFs theme has 14 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 Broad Sovereign ETFs Theme or any other thematic opportunities.
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Additional Information and Resources on Investing in ZEGA Etf

When determining whether ZEGA Buy is a strong investment it is important to analyze ZEGA Buy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ZEGA Buy's future performance. For an informed investment choice regarding ZEGA Etf, refer to the following important reports:
Check out ZEGA Buy 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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.
The market value of ZEGA Buy is measured differently than its book value, which is the value of ZEGA that is recorded on the company's balance sheet. Investors also form their own opinion of ZEGA Buy's value that differs from its market value or its book value, called intrinsic value, which is ZEGA Buy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ZEGA Buy's market value can be influenced by many factors that don't directly affect ZEGA Buy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ZEGA Buy's value and its price as these two are different measures arrived at by different means. Investors typically determine if ZEGA Buy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ZEGA Buy'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.