Cdspi Global Growth Fund Buy Hold or Sell Recommendation

0P000077R7  CAD 58.20  0.11  0.19%   
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding CDSPI Global Growth is 'Cautious Hold'. Macroaxis provides CDSPI Global buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding 0P000077R7 positions.
  
Check out CDSPI Global 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 CDSPI and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards CDSPI Global Growth. Also, note that the market value of any fund could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Execute CDSPI Global Buy or Sell Advice

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

Time Horizon

Risk Tolerance

Execute Advice
Sell CDSPI GlobalBuy CDSPI Global
Cautious Hold

Market Performance

Very WeakDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

OvervaluedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Moves indifferently to market movesDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon CDSPI Global Growth has a Mean Deviation of 0.7142, Standard Deviation of 0.8936 and Variance of 0.7986
Our advice module provides unbiased investment recommendation that can be used to complement current average analyst sentiment on CDSPI Global Growth. Our advice engine provides an advice for the entity potential to grow from the perspective of an investor's risk tolerance and investing horizon. Please makes use of CDSPI Global ten year return and the relationship between the net asset and cash position weightten year return, minimum initial investment, equity positions weight, as well as the relationship between the net asset and cash position weight to make buy, hold, or sell decision on CDSPI Global Growth.

CDSPI Global Trading Alerts and Improvement Suggestions

CDSPI Global Growth generated a negative expected return over the last 90 days
The fund holds about 12.35% of its total net assets in cash

CDSPI Global Returns Distribution Density

The distribution of CDSPI Global's historical returns is an attempt to chart the uncertainty of CDSPI Global's future price movements. The chart of the probability distribution of CDSPI Global daily returns describes the distribution of returns around its average expected value. We use CDSPI Global Growth price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of CDSPI Global returns is essential to provide solid investment advice for CDSPI Global.
Mean Return
-0.05
Value At Risk
-1.96
Potential Upside
1.16
Standard Deviation
0.89
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of CDSPI Global 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.

CDSPI Global 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 CDSPI Global or CDSPI 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 CDSPI Global's price will be affected by overall fund 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 CDSPI fund'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 Jones
-0.05
β
Beta against Dow Jones0.08
σ
Overall volatility
0.90
Ir
Information ratio 0.08

CDSPI Global Volatility Alert

CDSPI Global Growth exhibits very low volatility with skewness of -0.61 and kurtosis of 0.12. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure CDSPI Global's fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact CDSPI Global's fund 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.

CDSPI Global Fundamentals Vs Peers

Comparing CDSPI Global'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 CDSPI Global's direct or indirect competition across all of the common fundamentals between CDSPI Global and the related equities. This way, we can detect undervalued stocks with similar characteristics as CDSPI Global or determine the funds which would be an excellent addition to an existing portfolio. Peer analysis of CDSPI Global's fundamental indicators could also be used in its relative valuation, which is a method of valuing CDSPI Global by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare CDSPI Global to competition
FundamentalsCDSPI GlobalPeer Average
One Year Return3.73 %4.15 %
Three Year Return6.69 %3.60 %
Five Year Return8.80 %3.24 %
Ten Year Return11.44 %1.79 %
Net Asset30.2 M4.11 B
Minimum Initial Investment25976.16 K
Cash Position Weight12.35 %10.61 %
Equity Positions Weight87.55 %63.90 %

CDSPI Global Market Momentum

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

When is the right time to buy or sell CDSPI Global Growth? Buying financial instruments such as CDSPI Fund 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 CDSPI Global 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.

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Tech Growth Theme
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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 Tech Growth Theme or any other thematic opportunities.
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Other Information on Investing in CDSPI Fund

CDSPI Global financial ratios help investors to determine whether CDSPI Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in CDSPI with respect to the benefits of owning CDSPI Global security.
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