Ershares Private Public Crossover Etf Buy Hold or Sell Recommendation
| XOVR Etf | USD 17.78 0.26 1.44% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding ERShares Private Public Crossover is 'Cautious Hold'. A buy or sell recommendation provided by Macroaxis is an automated analysis based on historical performance and your stated risk tolerance. It serves as guidance on whether to purchase or sell ERShares Private Public Crossover within the specified time frame.
Check out ERShares Private 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 ERShares and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards ERShares Private Public Crossover. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in real.
ERShares |
Execute ERShares Private Buy or Sell Advice
The ERShares recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on ERShares Private Public Crossover. Macroaxis does not own or have any residual interests in ERShares Private Public Crossover or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute ERShares Private's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details |
ERShares Private Trading Alerts and Improvement Suggestions
| ERShares Private generated a negative expected return over the last 90 days | |
| ERShares Private has high historical volatility and very poor performance | |
| ERShares Private Public Crossover was previously known as ERShares Entrepreneurs ETF and was traded on NASDAQ Exchange under the symbol ENTR. | |
| The fund keeps about 95.47% of its net assets in bonds |
ERShares Private Returns Distribution Density
The distribution of ERShares Private's historical returns is an attempt to chart the uncertainty of ERShares Private's future price movements. The chart of the probability distribution of ERShares Private daily returns describes the distribution of returns around its average expected value. We use ERShares Private Public Crossover price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of ERShares Private returns is essential to provide solid investment advice for ERShares Private.
| Mean Return | -0.05 | Value At Risk | -3.96 | Potential Upside | 2.59 | Standard Deviation | 4.59 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of ERShares Private 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.
ERShares Private 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 ERShares Private or SPDR State Street Global Advisors 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 ERShares Private'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 ERShares 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 | -0.06 | |
β | Beta against Dow Jones | 0.47 | |
σ | Overall volatility | 4.59 | |
Ir | Information ratio | -0.01 |
ERShares Private Volatility Alert
ERShares Private Public Crossover exhibits very low volatility with skewness of 0.74 and kurtosis of 19.98. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure ERShares Private'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 ERShares Private'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.ERShares Private Fundamentals Vs Peers
Comparing ERShares Private'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 ERShares Private's direct or indirect competition across all of the common fundamentals between ERShares Private and the related equities. This way, we can detect undervalued stocks with similar characteristics as ERShares Private or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of ERShares Private's fundamental indicators could also be used in its relative valuation, which is a method of valuing ERShares Private by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare ERShares Private to competition |
| Fundamentals | ERShares Private | Peer Average |
| Beta | 1.31 | |
| Annual Yield | 3.82 % | 0.28 % |
| Year To Date Return | 2.02 % | (2.35) % |
| One Year Return | 30.30 % | (0.97) % |
| Three Year Return | 15.40 % | 3.23 % |
| Five Year Return | 8.40 % | 1.12 % |
| Net Asset | 44.8 M | 2.29 B |
| Bond Positions Weight | 95.47 % | 8.16 % |
ERShares Private Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as ERShares . 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 ERShares Private Buy or Sell Advice
When is the right time to buy or sell ERShares Private Public Crossover? Buying financial instruments such as ERShares 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 ERShares Private 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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
The market value of ERShares Private Public is measured differently than its book value, which is the value of ERShares that is recorded on the company's balance sheet. Investors also form their own opinion of ERShares Private's value that differs from its market value or its book value, called intrinsic value, which is ERShares Private'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 ERShares Private's market value can be influenced by many factors that don't directly affect ERShares Private'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 ERShares Private's value and its price as these two are different measures arrived at by different means. Investors typically determine if ERShares Private is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ERShares Private'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.