1290 Essex Small Fund Buy Hold or Sell Recommendation

ESCJX Fund   13.74  0.19  1.36%   
Assuming the 90 days horizon and your complete indifference towards market risk, our recommendation regarding 1290 Essex Small is 'Buy'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell 1290 Essex Small given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for 1290 Essex Small, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out 1290 Essex 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 1290 and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards 1290 Essex Small. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in inflation.

Execute 1290 Essex Buy or Sell Advice

The 1290 recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on 1290 Essex Small. Macroaxis does not own or have any residual interests in 1290 Essex Small or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute 1290 Essex's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell 1290 EssexBuy 1290 Essex
Buy

Market Performance

GoodDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Barely shadows the marketDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon 1290 Essex Small has a Risk Adjusted Performance of 0.132, Jensen Alpha of 0.222, Total Risk Alpha of (0.03), Sortino Ratio of 0.0728 and Treynor Ratio of 2.15
Our trade recommendation tool can cross-verify current analyst consensus on 1290 Essex Small and to analyze the fund potential to grow this quarter and beyond. Please confirm 1290 Essex Small year to date return to decide if your 1290 Essex Small buy or sell deciscion is justified.

1290 Essex Trading Alerts and Improvement Suggestions

The fund retains all of the assets under management (AUM) in different types of exotic instruments

1290 Essex Returns Distribution Density

The distribution of 1290 Essex's historical returns is an attempt to chart the uncertainty of 1290 Essex's future price movements. The chart of the probability distribution of 1290 Essex daily returns describes the distribution of returns around its average expected value. We use 1290 Essex Small price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of 1290 Essex returns is essential to provide solid investment advice for 1290 Essex.
Mean Return
0.25
Value At Risk
-1.86
Potential Upside
2.57
Standard Deviation
1.42
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of 1290 Essex 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.

1290 Essex 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 1290 Essex or 1290 Funds 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 1290 Essex's price will be affected by overall mutual 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 1290 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
0.22
β
Beta against Dow Jones0.11
σ
Overall volatility
1.41
Ir
Information ratio 0.07

1290 Essex Volatility Alert

1290 Essex Small has relatively low volatility with skewness of 0.85 and kurtosis of 2.21. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure 1290 Essex's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact 1290 Essex's mutual 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.

1290 Essex Fundamentals Vs Peers

Comparing 1290 Essex'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 1290 Essex's direct or indirect competition across all of the common fundamentals between 1290 Essex and the related equities. This way, we can detect undervalued stocks with similar characteristics as 1290 Essex or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of 1290 Essex's fundamental indicators could also be used in its relative valuation, which is a method of valuing 1290 Essex by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare 1290 Essex to competition
Fundamentals1290 EssexPeer Average
Year To Date Return27.09 %0.39 %
One Year Return38.72 %4.15 %
Net Asset10.84 M4.11 B

1290 Essex Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as 1290 . 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 1290 Essex Buy or Sell Advice

When is the right time to buy or sell 1290 Essex Small? Buying financial instruments such as 1290 Mutual Fund 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 1290 Essex 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.

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Trading
Trading Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Trading theme has 61 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 Trading Theme or any other thematic opportunities.
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Other Information on Investing in 1290 Mutual Fund

1290 Essex financial ratios help investors to determine whether 1290 Mutual Fund 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 1290 with respect to the benefits of owning 1290 Essex security.
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