Breakwave Dry Bulk Etf Buy Hold or Sell Recommendation
| BDRY Etf | USD 7.41 0.04 0.54% |
Given the investment horizon of 90 days and your way above-average risk tolerance, our recommendation regarding Breakwave Dry Bulk is 'Cautious Hold'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Breakwave Dry Bulk given historical horizon and risk tolerance towards Breakwave Dry. When Macroaxis issues a 'buy' or 'sell' recommendation for Breakwave Dry Bulk, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Breakwave Dry 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 Breakwave and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Breakwave Dry Bulk. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Breakwave |
Execute Breakwave Dry Buy or Sell Advice
The Breakwave recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Breakwave Dry Bulk. Macroaxis does not own or have any residual interests in Breakwave Dry Bulk or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Breakwave Dry's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details | |
Financial Leverage | Not Rated | Details |
Breakwave Dry Trading Alerts and Improvement Suggestions
| Breakwave Dry Bulk generated a negative expected return over the last 90 days | |
| Breakwave Dry Bulk created five year return of -16.0% | |
| This fund holds 94.25% of its assets under management (AUM) in equities |
Breakwave Dry Returns Distribution Density
The distribution of Breakwave Dry's historical returns is an attempt to chart the uncertainty of Breakwave Dry's future price movements. The chart of the probability distribution of Breakwave Dry daily returns describes the distribution of returns around its average expected value. We use Breakwave Dry Bulk price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Breakwave Dry returns is essential to provide solid investment advice for Breakwave Dry.
| Mean Return | -0.6 | Value At Risk | -5.12 | Potential Upside | 3.80 | Standard Deviation | 2.70 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Breakwave Dry 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.
Breakwave Dry 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 Breakwave Dry or ETFMG 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 Breakwave Dry'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 Breakwave 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 | -0.68 | |
β | Beta against Dow Jones | 0.61 | |
σ | Overall volatility | 2.70 | |
Ir | Information ratio | -0.27 |
Breakwave Dry Volatility Alert
Breakwave Dry Bulk exhibits very low volatility with skewness of -0.11 and kurtosis of -0.67. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Breakwave Dry'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 Breakwave Dry'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.Breakwave Dry Fundamentals Vs Peers
Comparing Breakwave Dry'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 Breakwave Dry's direct or indirect competition across all of the common fundamentals between Breakwave Dry and the related equities. This way, we can detect undervalued stocks with similar characteristics as Breakwave Dry or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of Breakwave Dry's fundamental indicators could also be used in its relative valuation, which is a method of valuing Breakwave Dry by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Breakwave Dry to competition |
| Fundamentals | Breakwave Dry | Peer Average |
| Beta | 1.65 | |
| One Year Return | 9.20 % | (0.97) % |
| Three Year Return | (33.70) % | 3.23 % |
| Five Year Return | (15.80) % | 1.12 % |
| Net Asset | 36.03 M | 2.29 B |
| Equity Positions Weight | 94.25 % | 52.82 % |
Breakwave Dry Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Breakwave . 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 Breakwave Dry Buy or Sell Advice
When is the right time to buy or sell Breakwave Dry Bulk? Buying financial instruments such as Breakwave 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.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Breakwave Dry 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 Processed Foods Thematic Idea Now
Processed Foods
Companies producing and distributing processed foods to retail sectors. The Processed Foods theme has 48 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 Processed Foods Theme or any other thematic opportunities.
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Check out Breakwave Dry 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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
The market value of Breakwave Dry Bulk is measured differently than its book value, which is the value of Breakwave that is recorded on the company's balance sheet. Investors also form their own opinion of Breakwave Dry's value that differs from its market value or its book value, called intrinsic value, which is Breakwave Dry'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 Breakwave Dry's market value can be influenced by many factors that don't directly affect Breakwave Dry'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 Breakwave Dry's value and its price as these two are different measures arrived at by different means. Investors typically determine if Breakwave Dry is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Breakwave Dry'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.