Zacks Market Buy Hold or Sell Recommendation

ZMNIX -- USA Fund  

USD 12.62  0.01  0.08%

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

Execute Advice
Sell Zacks MarketBuy Zacks Market


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 (0.017166), jensen alpha of (0.007916), total risk alpha of (0.009169), sortino ratio of (0.06) and treynor ratio of 0.4273
Our 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 Trading Alerts and Improvement Suggestions

The fund keeps about 12.97% of its net assets in cash

Zacks Market Returns Distribution Density

Mean Return0.002009Value At Risk0.24
Potential Upside0.39Standard Deviation0.21
 Return Density 

Zacks Market Greeks

Alpha over DOW
Beta against DOW=0.02
Overall volatility
Information ratio =0.06

Zacks Market Volatility Alert

Zacks Market Neutral Institutional exhibits very low volatility with skewness of 0.59 and kurtosis of 0.43. 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 Asset10.99M4.11B
Minimum Initial Investment5K976.16K
Cash Position Weight12.97% 10.61%
Equity Positions Weight37.61% 63.90%