NicOx SA (France) Buy Hold or Sell Recommendation
| ALCOX Stock | 0.28 0.00 0.00% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding NicOx SA is '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 NicOx SA within the specified time frame.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. Note, we conduct extensive research on individual companies such as NicOx and provide practical buy, sell, or hold advice based on investors' constraints. NicOx SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
NicOx |
Execute NicOx SA Buy or Sell Advice
The NicOx recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on NicOx SA. Macroaxis does not own or have any residual interests in NicOx SA or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute NicOx SA's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Insignificant | Details | |
Volatility | Out of control | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Economic Sensitivity | Moves totally opposite to the market | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
NicOx SA Trading Alerts and Improvement Suggestions
| NicOx SA is way too risky over 90 days horizon | |
| NicOx SA has some characteristics of a very speculative penny stock | |
| NicOx SA appears to be risky and price may revert if volatility continues |
NicOx SA Returns Distribution Density
The distribution of NicOx SA's historical returns is an attempt to chart the uncertainty of NicOx SA's future price movements. The chart of the probability distribution of NicOx SA daily returns describes the distribution of returns around its average expected value. We use NicOx SA price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of NicOx SA returns is essential to provide solid investment advice for NicOx SA.
| Mean Return | 1.27 | Value At Risk | -6.67 | Potential Upside | 14.81 | Standard Deviation | 10.27 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of NicOx SA 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.
NicOx SA 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 NicOx SA or NicOx 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 NicOx SA's price will be affected by overall stock 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 NicOx stock'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 | 1.18 | |
β | Beta against Dow Jones | 1.41 | |
σ | Overall volatility | 8.32 | |
Ir | Information ratio | 0.12 |
NicOx SA Volatility Alert
NicOx SA is displaying above-average volatility over the selected time horizon. NicOx SA is a potential penny stock. Although NicOx SA may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in NicOx SA. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on NicOx instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.NicOx SA Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as NicOx . 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 NicOx SA 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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Global Macro ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Global Macro ETFs theme has 26 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 Global Macro ETFs Theme or any other thematic opportunities.
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Additional Tools for NicOx Stock Analysis
When running NicOx SA's price analysis, check to measure NicOx SA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NicOx SA is operating at the current time. Most of NicOx SA's value examination focuses on studying past and present price action to predict the probability of NicOx SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NicOx SA's price. Additionally, you may evaluate how the addition of NicOx SA to your portfolios can decrease your overall portfolio volatility.