MTrack Energy (Thailand) Buy Hold or Sell Recommendation
| ENGY Etf | THB 4.41 0.06 1.34% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding MTrack Energy ETF is 'Cautious Hold'. The recommendation algorithm takes into account all of MTrack Energy's available fundamental, technical, and predictive indicators you will find on this site.
Check out MTrack Energy 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 MTrack and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards MTrack Energy ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
MTrack |
Execute MTrack Energy Buy or Sell Advice
The MTrack recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on MTrack Energy ETF. Macroaxis does not own or have any residual interests in MTrack Energy ETF or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute MTrack Energy's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Analyst Consensus | Not Available | Details |
MTrack Energy Trading Alerts and Improvement Suggestions
| MTrack Energy ETF generated a negative expected return over the last 90 days | |
| The fund retains 96.35% of its assets under management (AUM) in equities |
MTrack Energy Returns Distribution Density
The distribution of MTrack Energy's historical returns is an attempt to chart the uncertainty of MTrack Energy's future price movements. The chart of the probability distribution of MTrack Energy daily returns describes the distribution of returns around its average expected value. We use MTrack Energy ETF price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of MTrack Energy returns is essential to provide solid investment advice for MTrack Energy.
| Mean Return | -0.11 | Value At Risk | -1.59 | Potential Upside | 1.45 | Standard Deviation | 0.98 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of MTrack Energy 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.
MTrack Energy 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 MTrack Energy or TMB Asset Management Co. Ltd 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 MTrack Energy'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 MTrack 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 | -0.12 | |
β | Beta against Dow Jones | 0.06 | |
σ | Overall volatility | 0.99 | |
Ir | Information ratio | -0.15 |
MTrack Energy Volatility Alert
MTrack Energy ETF exhibits very low volatility with skewness of 0.49 and kurtosis of 1.11. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure MTrack Energy'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 MTrack Energy'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.MTrack Energy Fundamentals Vs Peers
Comparing MTrack Energy'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 MTrack Energy's direct or indirect competition across all of the common fundamentals between MTrack Energy and the related equities. This way, we can detect undervalued stocks with similar characteristics as MTrack Energy or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of MTrack Energy's fundamental indicators could also be used in its relative valuation, which is a method of valuing MTrack Energy by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare MTrack Energy to competition |
| Fundamentals | MTrack Energy | Peer Average |
| One Year Return | (6.05) % | (0.97) % |
| Three Year Return | 13.72 % | 3.23 % |
| Five Year Return | 8.01 % | 1.12 % |
| Ten Year Return | 7.85 % | 1.20 % |
| Net Asset | 91.52 M | 2.29 B |
| Last Dividend Paid | 0.05 | 0.14 |
| Equity Positions Weight | 96.35 % | 52.82 % |
MTrack Energy Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as MTrack . 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 MTrack Energy Buy or Sell Advice
When is the right time to buy or sell MTrack Energy ETF? Buying financial instruments such as MTrack 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.
Use Investing Ideas to Build Portfolios
In addition to having MTrack Energy 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 Long Short Funds Thematic Idea Now
Long Short Funds
Funds or Etfs that are designed to hedge away market risk by investing in combination of bonds, stocks, derivative instruments as well as short positions to maximize returns irrespective of market conditions. The Long Short Funds theme has 42 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 Long Short Funds Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in MTrack Etf
MTrack Energy financial ratios help investors to determine whether MTrack Etf 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 MTrack with respect to the benefits of owning MTrack Energy security.