Zacks Market Buy Hold or Sell Recommendation

ZMNIX -- USA Fund  

USD 12.70  0.05  0.39%

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.

Time Horizon

Risk Tolerance

Symbol
Execute Advice
Sell Zacks MarketBuy Zacks Market
Hold

Volatility

Hype Condition

Current Valuation

Odds of Distress

Analyst Consensus

Not Available
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 1.77
This 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.

Zacks Market Thematic Classifications

Market Neutral IdeaMarket Neutral
Funds investing in market neutral instruments

Zacks Market Returns Distribution Density

Mean Return0.04Value At Risk0.69
Potential Upside0.47Standard Deviation0.39
 Return Density 
      Distribution 

Zacks Market Greeks

α
Alpha over DOW
=0.06
β
Beta against DOW=0.03
σ
Overall volatility
=0.38
Ir
Information ratio =0.17

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

FundamentalsZacks MarketPeer Average
Net Asset13.81M1.37B
Minimum Initial Investment5K8.09M
Cash Position Weight4.87% 14.48%
Equity Positions Weight46.98% 40.68%

Zacks Market Alerts

Trading Alerts and Improvement Suggestions

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.
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