Etracs Bloomberg Commodity Etf Buy Hold or Sell Recommendation
| DJCB Etf | USD 20.38 0.71 3.37% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding ETRACS Bloomberg Commodity is 'Strong Sell'. Macroaxis provides ETRACS Bloomberg buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding DJCB positions.
Check out ETRACS Bloomberg 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 ETRACS and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards ETRACS Bloomberg Commodity. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
ETRACS |
Execute ETRACS Bloomberg Buy or Sell Advice
The ETRACS recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on ETRACS Bloomberg Commodity. Macroaxis does not own or have any residual interests in ETRACS Bloomberg Commodity or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute ETRACS Bloomberg's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Weak | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details | |
Financial Leverage | Not Rated | Details |
ETRACS Bloomberg Trading Alerts and Improvement Suggestions
| The fund retains all of the assets under management (AUM) in different types of exotic instruments |
ETRACS Bloomberg Returns Distribution Density
The distribution of ETRACS Bloomberg's historical returns is an attempt to chart the uncertainty of ETRACS Bloomberg's future price movements. The chart of the probability distribution of ETRACS Bloomberg daily returns describes the distribution of returns around its average expected value. We use ETRACS Bloomberg Commodity price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of ETRACS Bloomberg returns is essential to provide solid investment advice for ETRACS Bloomberg.
| Mean Return | 0.12 | Value At Risk | -4.8 | Potential Upside | 5.20 | Standard Deviation | 2.43 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of ETRACS Bloomberg 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.
ETRACS Bloomberg 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 ETRACS Bloomberg or UBS AG 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 ETRACS Bloomberg's price will be affected by overall etf 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 ETRACS etf'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 | 0.13 | |
β | Beta against Dow Jones | -0.14 | |
σ | Overall volatility | 2.52 | |
Ir | Information ratio | -0.0043 |
ETRACS Bloomberg Volatility Alert
ETRACS Bloomberg Commodity currently demonstrates below-average downside deviation. It has Information Ratio of 0.0 and Jensen Alpha of 0.13. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure ETRACS Bloomberg's etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact ETRACS Bloomberg's etf 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.ETRACS Bloomberg Fundamentals Vs Peers
Comparing ETRACS Bloomberg'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 ETRACS Bloomberg's direct or indirect competition across all of the common fundamentals between ETRACS Bloomberg and the related equities. This way, we can detect undervalued stocks with similar characteristics as ETRACS Bloomberg or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of ETRACS Bloomberg's fundamental indicators could also be used in its relative valuation, which is a method of valuing ETRACS Bloomberg by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare ETRACS Bloomberg to competition |
| Fundamentals | ETRACS Bloomberg | Peer Average |
| Beta | 1.06 | |
| One Year Return | 3.10 % | (0.97) % |
| Three Year Return | 3.60 % | 3.23 % |
| Five Year Return | 7.40 % | 1.12 % |
| Net Asset | 116.44 M | 2.29 B |
ETRACS Bloomberg Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as ETRACS . 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 ETRACS Bloomberg Buy or Sell Advice
When is the right time to buy or sell ETRACS Bloomberg Commodity? Buying financial instruments such as ETRACS Etf 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.
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Check out ETRACS Bloomberg 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. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
The market value of ETRACS Bloomberg Com is measured differently than its book value, which is the value of ETRACS that is recorded on the company's balance sheet. Investors also form their own opinion of ETRACS Bloomberg's value that differs from its market value or its book value, called intrinsic value, which is ETRACS Bloomberg's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ETRACS Bloomberg's market value can be influenced by many factors that don't directly affect ETRACS Bloomberg's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ETRACS Bloomberg's value and its price as these two are different measures arrived at by different means. Investors typically determine if ETRACS Bloomberg is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ETRACS Bloomberg's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.