Shinhan SOL (Korea) Buy Hold or Sell Recommendation
| 292500 Etf | 15,705 185.00 1.16% |
Assuming the 90 days trading horizon and complete risk avoidance on your part, our recommendation regarding Shinhan SOL KRX300 is 'Strong Sell'. Macroaxis provides Shinhan SOL buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding 292500 positions.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any etf 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 Shinhan and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Shinhan SOL KRX300. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Shinhan |
Execute Shinhan SOL Buy or Sell Advice
The Shinhan recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Shinhan SOL KRX300. Macroaxis does not own or have any residual interests in Shinhan SOL KRX300 or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Shinhan SOL's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Economic Sensitivity | Barely shadows the market | Details |
Shinhan SOL Trading Alerts and Improvement Suggestions
| Shinhan SOL KRX300 generated a negative expected return over the last 90 days |
Shinhan SOL Returns Distribution Density
The distribution of Shinhan SOL's historical returns is an attempt to chart the uncertainty of Shinhan SOL's future price movements. The chart of the probability distribution of Shinhan SOL daily returns describes the distribution of returns around its average expected value. We use Shinhan SOL KRX300 price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Shinhan SOL returns is essential to provide solid investment advice for Shinhan SOL.
| Mean Return | -0.17 | Value At Risk | -1.99 | Potential Upside | 1.74 | Standard Deviation | 1.18 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Shinhan SOL 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.
Shinhan SOL 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 Shinhan SOL or Shinhan 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 Shinhan SOL'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 Shinhan 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 | -0.2 | |
β | Beta against Dow Jones | 0.17 | |
σ | Overall volatility | 1.20 | |
Ir | Information ratio | -0.26 |
Shinhan SOL Volatility Alert
Shinhan SOL KRX300 exhibits very low volatility with skewness of -0.79 and kurtosis of 3.15. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Shinhan SOL'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 Shinhan SOL'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.Shinhan SOL Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Shinhan . 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.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 15705.0 | |||
| Day Typical Price | 15705.0 | |||
| Price Action Indicator | (92.50) | |||
| Period Momentum Indicator | (185.00) | |||
| Relative Strength Index | 25.96 |
Use Investing Ideas to Build Portfolios
In addition to having Shinhan SOL 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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