Fairlead Tactical Sector Etf Buy Hold or Sell Recommendation
| TACK Etf | USD 26.99 0.42 1.58% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Fairlead Tactical Sector is 'Strong Hold'. The recommendation algorithm takes into account all of Fairlead Tactical's available fundamental, technical, and predictive indicators you will find on this site.
Check out Fairlead Tactical 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 Fairlead and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Fairlead Tactical Sector. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Fairlead |
Execute Fairlead Tactical Buy or Sell Advice
The Fairlead recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Fairlead Tactical Sector. Macroaxis does not own or have any residual interests in Fairlead Tactical Sector or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Fairlead Tactical'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 | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details | |
Financial Leverage | Not Rated | Details |
Fairlead Tactical Trading Alerts and Improvement Suggestions
| Fairlead Tactical generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: IFP Advisors Inc Grows Position in Fairlead Tactical Sector ETF - Defense World | |
| The fund maintains most of the assets in different exotic instruments. |
Fairlead Tactical Returns Distribution Density
The distribution of Fairlead Tactical's historical returns is an attempt to chart the uncertainty of Fairlead Tactical's future price movements. The chart of the probability distribution of Fairlead Tactical daily returns describes the distribution of returns around its average expected value. We use Fairlead Tactical Sector price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Fairlead Tactical returns is essential to provide solid investment advice for Fairlead Tactical.
| Mean Return | -0.12 | Value At Risk | -1.36 | Potential Upside | 0.93 | Standard Deviation | 0.74 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Fairlead Tactical 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.
Fairlead Tactical 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 Fairlead Tactical or Fairlead 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 Fairlead Tactical's price will be affected by overall etf 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 Fairlead etf'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 | -0.04 | |
β | Beta against Dow Jones | 0.64 | |
σ | Overall volatility | 0.80 | |
Ir | Information ratio | 0.02 |
Fairlead Tactical Volatility Alert
Fairlead Tactical Sector exhibits very low volatility with skewness of -0.57 and kurtosis of 1.1. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Fairlead Tactical's etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Fairlead Tactical's etf 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.Fairlead Tactical Fundamentals Vs Peers
Comparing Fairlead Tactical'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 Fairlead Tactical's direct or indirect competition across all of the common fundamentals between Fairlead Tactical and the related equities. This way, we can detect undervalued stocks with similar characteristics as Fairlead Tactical or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of Fairlead Tactical's fundamental indicators could also be used in its relative valuation, which is a method of valuing Fairlead Tactical by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Fairlead Tactical to competition |
| Fundamentals | Fairlead Tactical | Peer Average |
| One Year Return | 3.20 % | (0.97) % |
| Net Asset | 150.43 M | 2.29 B |
| Equity Positions Weight | 23.34 % | 52.82 % |
Fairlead Tactical Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Fairlead . 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.
| Accumulation Distribution | 105.89 | |||
| Daily Balance Of Power | 1.555556 | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 26.85 | |||
| Day Typical Price | 26.9 | |||
| Price Action Indicator | 0.34 | |||
| Period Momentum Indicator | 0.42 |
About Fairlead Tactical Buy or Sell Advice
When is the right time to buy or sell Fairlead Tactical Sector? Buying financial instruments such as Fairlead Etf 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.
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Check out Fairlead Tactical 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. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
The market value of Fairlead Tactical Sector is measured differently than its book value, which is the value of Fairlead that is recorded on the company's balance sheet. Investors also form their own opinion of Fairlead Tactical's value that differs from its market value or its book value, called intrinsic value, which is Fairlead Tactical's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fairlead Tactical's market value can be influenced by many factors that don't directly affect Fairlead Tactical's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fairlead Tactical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fairlead Tactical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fairlead Tactical's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.