Gold Futures Commodity Buy Hold or Sell Recommendation
| GCUSD Commodity | 3,001 9.80 0.33% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Gold Futures is 'Hold'. Macroaxis provides Gold Futures buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding GCUSD positions.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any commodity could be closely tied with the direction of predictive economic indicators such as signals in state. Also, note that the market value of any commodity could be closely tied with the direction of predictive economic indicators such as signals in state.
Gold |
Execute Gold Futures Buy or Sell Advice
The Gold recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Gold Futures. Macroaxis does not own or have any residual interests in Gold Futures or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Gold Futures' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Solid | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details |
Gold Futures Returns Distribution Density
The distribution of Gold Futures' historical returns is an attempt to chart the uncertainty of Gold Futures' future price movements. The chart of the probability distribution of Gold Futures daily returns describes the distribution of returns around its average expected value. We use Gold Futures price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Gold Futures returns is essential to provide solid investment advice for Gold Futures.
| Mean Return | 0.16 | Value At Risk | -1.5 | Potential Upside | 1.62 | Standard Deviation | 0.90 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Gold Futures 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.
Gold Futures Greeks
Most traded commodities, like Gold Futures, are exposed to two types of risk: systematic (i.e., market-wide) and unsystematic (i.e., specific to the commodities market). Unsystematic risk pertains to events directly impacting Gold Futures prices. This risk can be mitigated by diversifying investments across various commodities from different sectors that have low correlation with each other. Conversely, systematic risk involves price fluctuations due to broader commodity market trends and cannot be eliminated through diversification. Regardless of the number of commodities in your portfolio, market-wide risks persist. However, you can assess Gold Futures' historical responsiveness to market shifts to gauge your comfort with its price volatility. Beta and standard deviation are key metrics to guide this analysis.
α | Alpha over Dow Jones | 0.13 | |
β | Beta against Dow Jones | -0.19 | |
σ | Overall volatility | 0.89 | |
Ir | Information ratio | 0.29 |
Gold Futures Volatility Alert
Gold Futures has low volatility with Treynor Ratio of -0.8, Maximum Drawdown of 4.36 and kurtosis of 0.21. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Gold Futures' commodity risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Gold Futures' commodity 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.Gold Futures Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Gold . 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.
Use Investing Ideas to Build Portfolios
In addition to having Gold Futures 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 Momentum Thematic Idea Now
Momentum
Large corporations operating in software, education, financial and car manufacturing industries. The Momentum theme has 31 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 Momentum Theme or any other thematic opportunities.
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