Ericsson Nikola (Croatia) Buy Hold or Sell Recommendation
| ERNT Stock | 182.50 1.00 0.55% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Ericsson Nikola Tesla is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Ericsson Nikola Tesla given historical horizon and risk tolerance towards Ericsson Nikola. When Macroaxis issues a 'buy' or 'sell' recommendation for Ericsson Nikola Tesla, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company 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 companies such as Ericsson and provide practical buy, sell, or hold advice based on investors' constraints. Ericsson Nikola Tesla. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Ericsson |
Execute Ericsson Nikola Buy or Sell Advice
The Ericsson recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Ericsson Nikola Tesla. Macroaxis does not own or have any residual interests in Ericsson Nikola Tesla or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Ericsson Nikola's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Economic Sensitivity | Almost neglects market trends | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Ericsson Nikola Trading Alerts and Improvement Suggestions
| Ericsson Nikola generated a negative expected return over the last 90 days |
Ericsson Nikola Returns Distribution Density
The distribution of Ericsson Nikola's historical returns is an attempt to chart the uncertainty of Ericsson Nikola's future price movements. The chart of the probability distribution of Ericsson Nikola daily returns describes the distribution of returns around its average expected value. We use Ericsson Nikola Tesla price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Ericsson Nikola returns is essential to provide solid investment advice for Ericsson Nikola.
| Mean Return | -0.04 | Value At Risk | -1.06 | Potential Upside | 0.81 | Standard Deviation | 0.84 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Ericsson Nikola 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.
Ericsson Nikola 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 Ericsson Nikola or Ericsson 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 Ericsson Nikola's price will be affected by overall stock 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 Ericsson stock'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 | -0.23 | |
σ | Overall volatility | 0.86 | |
Ir | Information ratio | -0.21 |
Ericsson Nikola Volatility Alert
Ericsson Nikola Tesla exhibits very low volatility with skewness of -0.41 and kurtosis of 9.56. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Ericsson Nikola's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Ericsson Nikola's stock 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.Ericsson Nikola Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Ericsson . 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.
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Additional Tools for Ericsson Stock Analysis
When running Ericsson Nikola's price analysis, check to measure Ericsson Nikola's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ericsson Nikola is operating at the current time. Most of Ericsson Nikola's value examination focuses on studying past and present price action to predict the probability of Ericsson Nikola's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ericsson Nikola's price. Additionally, you may evaluate how the addition of Ericsson Nikola to your portfolios can decrease your overall portfolio volatility.