NIGERIAN BREWERIES (Nigeria) Buy Hold or Sell Recommendation
| NB Stock | 32.00 1.00 3.23% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding NIGERIAN BREWERIES PLC is 'Cautious Hold'. Macroaxis provides NIGERIAN BREWERIES buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding NB positions.
Check out Correlation Analysis 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. In addition, we conduct extensive research on individual companies such as NIGERIAN and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards NIGERIAN BREWERIES PLC. 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.
NIGERIAN |
Execute NIGERIAN BREWERIES Buy or Sell Advice
The NIGERIAN recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on NIGERIAN BREWERIES PLC. Macroaxis does not own or have any residual interests in NIGERIAN BREWERIES PLC or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute NIGERIAN BREWERIES's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Economic Sensitivity | Almost neglects market trends | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
NIGERIAN BREWERIES thematic classifications
 | BeersBeers and other brewer beverages |
NIGERIAN BREWERIES Returns Distribution Density
The distribution of NIGERIAN BREWERIES's historical returns is an attempt to chart the uncertainty of NIGERIAN BREWERIES's future price movements. The chart of the probability distribution of NIGERIAN BREWERIES daily returns describes the distribution of returns around its average expected value. We use NIGERIAN BREWERIES PLC price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of NIGERIAN BREWERIES returns is essential to provide solid investment advice for NIGERIAN BREWERIES.
| Mean Return | 0.29 | Value At Risk | -3.33 | Potential Upside | 6.25 | Standard Deviation | 2.73 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of NIGERIAN BREWERIES 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.
NIGERIAN BREWERIES 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 NIGERIAN BREWERIES or Beers 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 NIGERIAN BREWERIES'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 NIGERIAN 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 | 0.25 | |
β | Beta against Dow Jones | -0.24 | |
σ | Overall volatility | 2.78 | |
Ir | Information ratio | 0.14 |
NIGERIAN BREWERIES Volatility Alert
NIGERIAN BREWERIES PLC currently demonstrates below-average downside deviation. It has Information Ratio of 0.14 and Jensen Alpha of 0.25. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure NIGERIAN BREWERIES'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 NIGERIAN BREWERIES'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.NIGERIAN BREWERIES Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as NIGERIAN . 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 | 9.2 T | |||
| Rate Of Daily Change | 1.03 | |||
| Day Median Price | 32.0 | |||
| Day Typical Price | 32.0 | |||
| Price Action Indicator | 0.5 | |||
| Period Momentum Indicator | 1.0 | |||
| Relative Strength Index | 52.03 |
Use Investing Ideas to Build Portfolios
In addition to having NIGERIAN BREWERIES 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?
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