Mydestination 2045 Fund Buy Hold or Sell Recommendation
| GMFZX Fund | USD 12.18 0.07 0.57% |
Assuming the 90 days horizon and your typical level of risk aversion, our recommendation regarding Mydestination 2045 Fund is 'Strong Hold'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Mydestination 2045 Fund given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Mydestination 2045 Fund, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Mydestination 2045 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 Mydestination and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Mydestination 2045 Fund. 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 nation.
Mydestination |
Execute Mydestination 2045 Buy or Sell Advice
The Mydestination recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Mydestination 2045 Fund. Macroaxis does not own or have any residual interests in Mydestination 2045 Fund or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Mydestination 2045's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Analyst Consensus | Not Available | Details |
Mydestination 2045 Trading Alerts and Improvement Suggestions
| Mydestination 2045 generated a negative expected return over the last 90 days | |
| The fund retains about 9.86% of its assets under management (AUM) in cash |
Mydestination 2045 Returns Distribution Density
The distribution of Mydestination 2045's historical returns is an attempt to chart the uncertainty of Mydestination 2045's future price movements. The chart of the probability distribution of Mydestination 2045 daily returns describes the distribution of returns around its average expected value. We use Mydestination 2045 Fund price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Mydestination 2045 returns is essential to provide solid investment advice for Mydestination 2045.
| Mean Return | 0.01 | Value At Risk | -0.81 | Potential Upside | 0.89 | Standard Deviation | 0.70 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Mydestination 2045 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.
Mydestination 2045 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 Mydestination 2045 or GuideStone 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 Mydestination 2045'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 Mydestination 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 | -0.05 | |
β | Beta against Dow Jones | 0.58 | |
σ | Overall volatility | 0.71 | |
Ir | Information ratio | -0.13 |
Mydestination 2045 Volatility Alert
Mydestination 2045 Fund has low volatility with Treynor Ratio of 0.0, Maximum Drawdown of 5.18 and kurtosis of 10.32. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Mydestination 2045'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 Mydestination 2045'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.Mydestination 2045 Fundamentals Vs Peers
Comparing Mydestination 2045'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 Mydestination 2045's direct or indirect competition across all of the common fundamentals between Mydestination 2045 and the related equities. This way, we can detect undervalued stocks with similar characteristics as Mydestination 2045 or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Mydestination 2045's fundamental indicators could also be used in its relative valuation, which is a method of valuing Mydestination 2045 by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Mydestination 2045 to competition |
| Fundamentals | Mydestination 2045 | Peer Average |
| Price To Earning | 17.77 X | 6.53 X |
| Price To Book | 1.86 X | 0.74 X |
| Price To Sales | 1.32 X | 0.61 X |
| Annual Yield | 0.01 % | 0.29 % |
| Year To Date Return | 18.21 % | 0.39 % |
| One Year Return | 23.89 % | 4.15 % |
| Three Year Return | 6.12 % | 3.60 % |
| Five Year Return | 9.45 % | 3.24 % |
| Ten Year Return | 8.45 % | 1.79 % |
| Net Asset | 1.22 B | 4.11 B |
| Cash Position Weight | 9.86 % | 10.61 % |
| Equity Positions Weight | 79.13 % | 63.90 % |
| Bond Positions Weight | 1.38 % | 11.24 % |
Mydestination 2045 Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Mydestination . 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.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 12.18 | |||
| Day Typical Price | 12.18 | |||
| Price Action Indicator | (0.04) | |||
| Period Momentum Indicator | (0.07) |
About Mydestination 2045 Buy or Sell Advice
When is the right time to buy or sell Mydestination 2045 Fund? Buying financial instruments such as Mydestination 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.
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Other Information on Investing in Mydestination Mutual Fund
Mydestination 2045 financial ratios help investors to determine whether Mydestination 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 Mydestination with respect to the benefits of owning Mydestination 2045 security.
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