Nyse New Highs Index Buy Hold or Sell Recommendation
| HIGN Index | 48.00 28.00 36.84% |
Assuming the 90 days trading horizon and complete risk avoidance on your part, our recommendation regarding NYSE New Highs is 'Strong Sell'. The recommendation algorithm takes into account all of NYSE New's available fundamental, technical, and predictive indicators you will find on this site. Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any index could be closely tied with the direction of predictive economic indicators such as signals in board of governors. Also, note that the market value of any index could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Execute NYSE New Buy or Sell Advice
The NYSE recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on NYSE New Highs. Macroaxis does not own or have any residual interests in NYSE New Highs or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute NYSE New's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Good | Details | |
Volatility | Out of control | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Economic Sensitivity | Ignores market trends | Details |
NYSE New Trading Alerts and Improvement Suggestions
| NYSE New Highs is way too risky over 90 days horizon | |
| NYSE New Highs appears to be risky and price may revert if volatility continues |
NYSE New Returns Distribution Density
The distribution of NYSE New's historical returns is an attempt to chart the uncertainty of NYSE New's future price movements. The chart of the probability distribution of NYSE New daily returns describes the distribution of returns around its average expected value. We use NYSE New Highs price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of NYSE New returns is essential to provide solid investment advice for NYSE New.
| Mean Return | 12.86 | Value At Risk | -50.72 | Potential Upside | 117.39 | Standard Deviation | 4,800 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of NYSE New 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.
NYSE New 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 NYSE New or NYSE 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 NYSE New's price will be affected by overall index 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 NYSE index'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 | 0.00 | |
β | Beta against Dow Jones | 0.00 | |
σ | Overall volatility | 59.46 | |
Ir | Information ratio | 0.21 |
NYSE New Volatility Alert
NYSE New Highs is showing large volatility of returns over the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure NYSE New's index risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact NYSE New's index 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.NYSE New Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as NYSE . 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 | 0.63 | |||
| Day Median Price | 48.0 | |||
| Day Typical Price | 48.0 | |||
| Price Action Indicator | (14.00) | |||
| Period Momentum Indicator | (28.00) |
Use Investing Ideas to Build Portfolios
In addition to having NYSE New 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 Banks - Regional Thematic Idea Now
Banks - Regional
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Banks - Regional theme has 19 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 Banks - Regional Theme or any other thematic opportunities.
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