Zega Buy Etf Buy Hold or Sell Recommendation

ZHDG
 Etf
  

USD 17.40  0.30  1.75%   

Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Zega Buy And is 'Strong Hold'. 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. The advice algorithm takes into account all of Zega Buy's available fundamental, technical, and predictive indicators you will find on this site.
  
The advice is provided from Zega Buy's buy-and-hold perspective. 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. We conduct extensive research on individual funds such as Zega Buy and provide practical buy, sell, or hold recommendation based on selected investing horizon and risk tolerance towards Zega Buy And.

Execute Zega Buy Buy or Sell Advice

The Zega Buy 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
Strong 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 Zega Buy And has a Risk Adjusted Performance of (0.06), Jensen Alpha of (0.09), Total Risk Alpha of (0.1) and Treynor Ratio of (0.08)
Our recommendation tool can cross-verify current analyst consensus on Zega Buy And and to analyze the etf potential to grow in the current economic cycle. Please check out Zega Buy And one year return to decide if your Zega Buy And 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 stock 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-0.04Value At Risk-1.57
Potential Upside1.39Standard Deviation0.96
   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 Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Zega Buy is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Zega Buy And backward and forwards among themselves. Zega Buy's institutional investor refers to the entity that pools money to purchase Zega Buy's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Worthpointe LlcFund Units26 K423 K
Note, although Zega Buy's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

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 Buy 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 DOW
-0.09
β
Beta against DOW0.63
σ
Overall volatility
0.98
Ir
Information ratio -0.13

Zega Buy Volatility Alert

Zega Buy And exhibits very low volatility with skewness of 0.65 and kurtosis of 1.99. However, we advise investors to further study Zega Buy And 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 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 stocks 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 Return(15.86) %(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 Buy . 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 Buy 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 Currency Thematic Idea Now

Currency
Currency Theme
Funds or Etfs investing in a single currency or combination of currencies from different countries in order to replicate respective foreign exchange markets. The Currency theme has 40 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 Currency Theme or any other thematic opportunities.
View All  Next Launch
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 that the Zega Buy And information on this page should be used as a complementary analysis to other Zega Buy'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 Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.

Complementary Tools for Zega Buy Etf analysis

When running Zega Buy And price analysis, check to measure Zega Buy'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 Zega Buy is operating at the current time. Most of Zega Buy's value examination focuses on studying past and present price action to predict the probability of Zega Buy's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Zega Buy's price. Additionally, you may evaluate how the addition of Zega Buy to your portfolios can decrease your overall portfolio volatility.
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Go
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Go
Analyst Recommendations
Analyst recommendations and target price estimates broken down by several categories
Go
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Go
Watchlist Optimization
Optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm
Go
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Go
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Go
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Go
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Go
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Go
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Go
The market value of Zega Buy And is measured differently than its book value, which is the value of Zega Buy 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 Zega Buy value 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.