Mackenzie Ivy European Fund Buy Hold or Sell Recommendation
| 0P0001N8MZ | 13.69 0.11 0.80% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Mackenzie Ivy European is 'Strong Sell'. The recommendation algorithm takes into account all of Mackenzie Ivy's available fundamental, technical, and predictive indicators you will find on this site.
Check out Trending Equities to better understand how to build diversified portfolios. 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. Note, we conduct extensive research on individual funds such as Mackenzie and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Mackenzie Ivy European. 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.
Mackenzie |
Execute Mackenzie Ivy Buy or Sell Advice
The Mackenzie recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Mackenzie Ivy European. Macroaxis does not own or have any residual interests in Mackenzie Ivy European or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Mackenzie Ivy's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Economic Sensitivity | Barely shadows the market | Details |
Mackenzie Ivy Returns Distribution Density
The distribution of Mackenzie Ivy's historical returns is an attempt to chart the uncertainty of Mackenzie Ivy's future price movements. The chart of the probability distribution of Mackenzie Ivy daily returns describes the distribution of returns around its average expected value. We use Mackenzie Ivy European price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Mackenzie Ivy returns is essential to provide solid investment advice for Mackenzie Ivy.
| Mean Return | 0.04 | Value At Risk | -1.09 | Potential Upside | 0.95 | Standard Deviation | 0.65 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Mackenzie Ivy 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.
Mackenzie Ivy 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 Mackenzie Ivy or Mackenzie 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 Mackenzie Ivy'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 Mackenzie 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 | 0.02 | |
β | Beta against Dow Jones | 0.02 | |
σ | Overall volatility | 0.65 | |
Ir | Information ratio | -0.13 |
Mackenzie Ivy Volatility Alert
Mackenzie Ivy European exhibits relatively low volatility with skewness of -0.42 and kurtosis of -0.26. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Mackenzie Ivy'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 Mackenzie Ivy'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.Mackenzie Ivy Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Mackenzie . 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.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 13.69 | |||
| Day Typical Price | 13.69 | |||
| Price Action Indicator | (0.06) | |||
| Period Momentum Indicator | (0.11) | |||
| Relative Strength Index | 46.33 |
Use Investing Ideas to Build Portfolios
In addition to having Mackenzie Ivy 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 Casinos Thematic Idea Now
Casinos
Companies that are related to providing casino-type services across multiple geographical areas. The Casinos theme has 51 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 Casinos Theme or any other thematic opportunities.
| View All Next | Launch |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals |