Assuming 30 trading days horizon, and your above average risk tolerance our recommendation regarding Zacks Market Neutral Institutional is 'Hold'. Macroaxis provides Zacks Market buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ZMNIX positions. The advice algorithm takes into account all of Zacks Market Neutral available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from ZMNIX buy-and-hold prospective. See also Zacks Market Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for muliple equity instruments please use Instant Ratings tool.
For the selected time horizon Zacks Market Neutral Institutional has a risk adjusted performance of (0.16), jensen alpha of (0.06), total risk alpha of (0.017018), sortino ratio of 0.0 and treynor ratio of 1.77This recommendation tool can be used to cross verify current analyst consensus on Zacks Market Neutral and to analyze the organization potential to grow in the current economic cycle. Please utilize Zacks Market Neutral Institutional Minimum Initial Investment to make buy, hold, or sell decision on Zacks Market Neutral.
Odds of Distress
Zacks Market Thematic Classifications
|Market NeutralFunds investing in market neutral instruments|
Zacks Market Returns Distribution Density
|Mean Return||0.04||Value At Risk||0.69|
|Potential Upside||0.47||Standard Deviation||0.39|
Zacks Market Greeks
|Alpha over DOW||=||0.06|
|Beta against DOW||=||0.03|
Zacks Market Volatility Alert
Zacks Market Neutral Institutional exhibits very low volatility with skewness of -0.56 and kurtosis of 0.42. However, we advise investors to further study Zacks Market Neutral Institutional technical indicators to make sure all market info is available and is reliable.
|Better Than Average||Worse Than Average||Compare Zacks Market to competition|
Zacks Market Fundamental Vs Peers
|Zacks Market Neutral generates negative expected return over the last 30 days|
See also Zacks Market Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for muliple equity instruments please use Instant Ratings tool. Please also try Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.