Esoterica Nextg Economy Etf Buy Hold or Sell Recommendation
| WUGI Etf | USD 77.65 0.65 0.84% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Esoterica NextG Economy is 'Strong Buy'. The recommendation algorithm takes into account all of Esoterica NextG's available fundamental, technical, and predictive indicators you will find on this site.
Check out Esoterica NextG 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 Esoterica and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Esoterica NextG Economy. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price.
Esoterica |
Execute Esoterica NextG Buy or Sell Advice
The Esoterica recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Esoterica NextG Economy. Macroaxis does not own or have any residual interests in Esoterica NextG Economy or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Esoterica NextG's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | 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 |
Esoterica NextG Trading Alerts and Improvement Suggestions
| Latest headline from news.google.com: Nvidias earnings has over 500 ETFs tuned in See the 10 that can be most affected - MSN | |
| The fund keeps 90.42% of its net assets in stocks |
Esoterica NextG Returns Distribution Density
The distribution of Esoterica NextG's historical returns is an attempt to chart the uncertainty of Esoterica NextG's future price movements. The chart of the probability distribution of Esoterica NextG daily returns describes the distribution of returns around its average expected value. We use Esoterica NextG Economy price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Esoterica NextG returns is essential to provide solid investment advice for Esoterica NextG.
| Mean Return | 0.23 | Value At Risk | -2.1 | Potential Upside | 2.35 | Standard Deviation | 1.36 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Esoterica NextG 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.
Esoterica NextG 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 Esoterica NextG or Esoterica Capital 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 Esoterica NextG'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 Esoterica 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 | 0.16 | |
β | Beta against Dow Jones | 0.71 | |
σ | Overall volatility | 1.37 | |
Ir | Information ratio | 0.1 |
Esoterica NextG Volatility Alert
Esoterica NextG Economy has relatively low volatility with skewness of -0.41 and kurtosis of 1.72. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Esoterica NextG'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 Esoterica NextG'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.Esoterica NextG Fundamentals Vs Peers
Comparing Esoterica NextG'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 Esoterica NextG's direct or indirect competition across all of the common fundamentals between Esoterica NextG and the related equities. This way, we can detect undervalued stocks with similar characteristics as Esoterica NextG or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of Esoterica NextG's fundamental indicators could also be used in its relative valuation, which is a method of valuing Esoterica NextG by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Esoterica NextG to competition |
| Fundamentals | Esoterica NextG | Peer Average |
| Beta | 1.33 | |
| One Year Return | 56.10 % | (0.97) % |
| Three Year Return | 7.30 % | 3.23 % |
| Net Asset | 16.46 M | 2.29 B |
| Equity Positions Weight | 90.42 % | 52.82 % |
Esoterica NextG Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Esoterica . 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.
About Esoterica NextG Buy or Sell Advice
When is the right time to buy or sell Esoterica NextG Economy? Buying financial instruments such as Esoterica 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 Esoterica NextG 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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
The market value of Esoterica NextG Economy is measured differently than its book value, which is the value of Esoterica that is recorded on the company's balance sheet. Investors also form their own opinion of Esoterica NextG's value that differs from its market value or its book value, called intrinsic value, which is Esoterica NextG'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 Esoterica NextG's market value can be influenced by many factors that don't directly affect Esoterica NextG'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 Esoterica NextG's value and its price as these two are different measures arrived at by different means. Investors typically determine if Esoterica NextG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Esoterica NextG'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.