Absa Multi (South Africa) Buy Hold or Sell Recommendation
| 0P0000ZE61 | 1.47 0.00 0.00% |
Assuming the 90 days trading horizon and your typical level of risk aversion, our recommendation regarding Absa Multi managed Absolute is 'Strong Buy'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Absa Multi managed Absolute given historical horizon and risk tolerance towards Absa Multi. When Macroaxis issues a 'buy' or 'sell' recommendation for Absa Multi managed Absolute, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any fund could be closely tied with the direction of predictive economic indicators such as signals in board of governors. Note, we conduct extensive research on individual funds such as Absa and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Absa Multi managed Absolute. Also, note that the market value of any fund could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Absa |
Execute Absa Multi Buy or Sell Advice
The Absa recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Absa Multi managed Absolute. Macroaxis does not own or have any residual interests in Absa Multi managed Absolute or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Absa Multi's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | OK | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Economic Sensitivity | Barely shadows the market | Details |
Absa Multi Trading Alerts and Improvement Suggestions
| Absa Multi managed may become a speculative penny stock |
Absa Multi Returns Distribution Density
The distribution of Absa Multi's historical returns is an attempt to chart the uncertainty of Absa Multi's future price movements. The chart of the probability distribution of Absa Multi daily returns describes the distribution of returns around its average expected value. We use Absa Multi managed Absolute price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Absa Multi returns is essential to provide solid investment advice for Absa Multi.
| Mean Return | 0.04 | Value At Risk | -0.68 | Potential Upside | 0.69 | Standard Deviation | 0.32 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Absa Multi 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.
Absa Multi 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 Absa Multi or Absa 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 Absa Multi's price will be affected by overall 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 Absa 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 | 0.01 | |
σ | Overall volatility | 0.31 | |
Ir | Information ratio | -0.27 |
Absa Multi Volatility Alert
Absa Multi managed Absolute exhibits very low volatility with skewness of 0.26 and kurtosis of 1.87. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Absa Multi's fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Absa Multi's 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.Absa Multi Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Absa . 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.
Use Investing Ideas to Build Portfolios
In addition to having Absa Multi 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 Pharmaceutical Products Thematic Idea Now
Pharmaceutical Products
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Pharmaceutical Products 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 Pharmaceutical Products Theme or any other thematic opportunities.
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