Athens General (Greece) Buy Hold or Sell Recommendation
| ATG Index | 1,694 22.26 1.33% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Athens General Composite is 'Strong Buy'. Macroaxis provides Athens General buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ATG positions. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any index could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. Also, note that the market value of any index could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Execute Athens General Buy or Sell Advice
The Athens recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Athens General Composite. Macroaxis does not own or have any residual interests in Athens General Composite or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Athens General's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | Solid | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Economic Sensitivity | Ignores market trends | Details |
Athens General Returns Distribution Density
The distribution of Athens General's historical returns is an attempt to chart the uncertainty of Athens General's future price movements. The chart of the probability distribution of Athens General daily returns describes the distribution of returns around its average expected value. We use Athens General Composite price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Athens General returns is essential to provide solid investment advice for Athens General.
| Mean Return | 0.23 | Value At Risk | -0.8 | Potential Upside | 1.76 | Standard Deviation | 0.79 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Athens General 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.
Athens General 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 Athens General or Athens 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 Athens General's price will be affected by overall index 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 Athens index'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 | 0.00 | |
β | Beta against Dow Jones | 0.00 | |
σ | Overall volatility | 0.82 | |
Ir | Information ratio | 0.42 |
Athens General Volatility Alert
Athens General Composite exhibits relatively low volatility with skewness of 0.13 and kurtosis of 3.37. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Athens General's index risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Athens General's index 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.Athens General Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Athens . 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.
| Accumulation Distribution | 0.0131 | |||
| Daily Balance Of Power | 1.003155 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 1682.74 | |||
| Day Typical Price | 1686.36 | |||
| Market Facilitation Index | 22.19 | |||
| Price Action Indicator | 22.0 | |||
| Period Momentum Indicator | 22.26 |
Use Investing Ideas to Build Portfolios
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