Soybean Oil Futures Commodity Buy Hold or Sell Recommendation
| ZLUSX Commodity | 44.12 1.23 2.71% |
Assuming the 90 days horizon and your highly speculative risk level, our recommendation regarding Soybean Oil Futures is 'Cautious Hold'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Soybean Oil Futures given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Soybean Oil Futures, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any commodity could be closely tied with the direction of predictive economic indicators such as signals in state. Also, note that the market value of any commodity could be closely tied with the direction of predictive economic indicators such as signals in state.
Soybean |
Execute Soybean Oil Buy or Sell Advice
The Soybean recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Soybean Oil Futures. Macroaxis does not own or have any residual interests in Soybean Oil Futures or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Soybean Oil's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Modest | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details |
Soybean Oil Returns Distribution Density
The distribution of Soybean Oil's historical returns is an attempt to chart the uncertainty of Soybean Oil's future price movements. The chart of the probability distribution of Soybean Oil daily returns describes the distribution of returns around its average expected value. We use Soybean Oil Futures price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Soybean Oil returns is essential to provide solid investment advice for Soybean Oil.
| Mean Return | 0.11 | Value At Risk | -2.64 | Potential Upside | 2.51 | Standard Deviation | 1.75 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Soybean Oil 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.
Soybean Oil Greeks
Most traded commodities, like Soybean Oil, are exposed to two types of risk: systematic (i.e., market-wide) and unsystematic (i.e., specific to the commodities market). Unsystematic risk pertains to events directly impacting Soybean Oil Futures prices. This risk can be mitigated by diversifying investments across various commodities from different sectors that have low correlation with each other. Conversely, systematic risk involves price fluctuations due to broader commodity market trends and cannot be eliminated through diversification. Regardless of the number of commodities in your portfolio, market-wide risks persist. However, you can assess Soybean Oil's historical responsiveness to market shifts to gauge your comfort with its price volatility. Beta and standard deviation are key metrics to guide this analysis.
α | Alpha over Dow Jones | 0.09 | |
β | Beta against Dow Jones | -0.11 | |
σ | Overall volatility | 1.73 | |
Ir | Information ratio | 0.07 |
Soybean Oil Volatility Alert
Soybean Oil Futures has relatively low volatility with skewness of 0.49 and kurtosis of 1.94. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Soybean Oil's commodity risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Soybean Oil's commodity 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.Soybean Oil Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Soybean . 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 | 2866.21 | |||
| Daily Balance Of Power | (0.73) | |||
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 44.89 | |||
| Day Typical Price | 44.63 | |||
| Price Action Indicator | (1.39) | |||
| Period Momentum Indicator | (1.23) |
Use Investing Ideas to Build Portfolios
In addition to having Soybean Oil 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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Baby Boomer Prospects
Equities with large market capitalization that account for significant contribution to overall economic growth especially within dividend-paying instruments and stocks from healthcare and financial sectors. The Baby Boomer Prospects theme has 73 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 Baby Boomer Prospects Theme or any other thematic opportunities.
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