Sextant Global High Fund Buy Hold or Sell Recommendation
| SGHIX Fund | USD 10.95 0.07 0.64% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Sextant Global High is 'Hold'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Sextant Global High given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Sextant Global High, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Sextant Global 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 Sextant and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Sextant Global High. 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 gross domestic product.
Sextant |
Execute Sextant Global Buy or Sell Advice
The Sextant recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Sextant Global High. Macroaxis does not own or have any residual interests in Sextant Global High or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Sextant Global's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Analyst Consensus | Not Available | Details |
Sextant Global Trading Alerts and Improvement Suggestions
| The fund maintains about 12.85% of its assets in cash |
Sextant Global Returns Distribution Density
The distribution of Sextant Global's historical returns is an attempt to chart the uncertainty of Sextant Global's future price movements. The chart of the probability distribution of Sextant Global daily returns describes the distribution of returns around its average expected value. We use Sextant Global High price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Sextant Global returns is essential to provide solid investment advice for Sextant Global.
| Mean Return | 0.03 | Value At Risk | -0.57 | Potential Upside | 0.97 | Standard Deviation | 0.46 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Sextant Global 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.
Sextant Global 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 Sextant Global or Sextant Mutual 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 Sextant Global'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 Sextant 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 | 0.03 | |
β | Beta against Dow Jones | 0.02 | |
σ | Overall volatility | 0.46 | |
Ir | Information ratio | 0.29 |
Sextant Global Volatility Alert
Sextant Global High exhibits very low volatility with skewness of 0.13 and kurtosis of 0.79. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Sextant Global'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 Sextant Global'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.Sextant Global Fundamentals Vs Peers
Comparing Sextant Global'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 Sextant Global's direct or indirect competition across all of the common fundamentals between Sextant Global and the related equities. This way, we can detect undervalued stocks with similar characteristics as Sextant Global or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Sextant Global's fundamental indicators could also be used in its relative valuation, which is a method of valuing Sextant Global by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Sextant Global to competition |
| Fundamentals | Sextant Global | Peer Average |
| Price To Earning | 17.04 X | 6.53 X |
| Price To Book | 1.51 X | 0.74 X |
| Price To Sales | 1.31 X | 0.61 X |
| Annual Yield | 0.03 % | 0.29 % |
| Year To Date Return | 7.10 % | 0.39 % |
| One Year Return | 10.25 % | 4.15 % |
| Three Year Return | 4.32 % | 3.60 % |
| Five Year Return | 4.87 % | 3.24 % |
| Net Asset | 9.36 M | 4.11 B |
| Minimum Initial Investment | 1 K | 976.16 K |
| Last Dividend Paid | 0.18 | 0.65 |
| Cash Position Weight | 12.85 % | 10.61 % |
| Equity Positions Weight | 45.26 % | 63.90 % |
| Bond Positions Weight | 41.89 % | 11.24 % |
Sextant Global Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Sextant . 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 | 1.01 | |||
| Day Median Price | 10.95 | |||
| Day Typical Price | 10.95 | |||
| Price Action Indicator | 0.035 | |||
| Period Momentum Indicator | 0.07 |
About Sextant Global Buy or Sell Advice
When is the right time to buy or sell Sextant Global High? Buying financial instruments such as Sextant 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 Sextant Global 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 Healthcare Thematic Idea Now
Healthcare
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Healthcare 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 Healthcare Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Sextant Mutual Fund
Sextant Global financial ratios help investors to determine whether Sextant 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 Sextant with respect to the benefits of owning Sextant Global security.
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world |