Global Gold Fund Buy Hold or Sell Recommendation

BGEIX Fund  USD 13.39  0.19  1.40%   
Assuming the 90 days horizon and your complete indifference towards market risk, our recommendation regarding Global Gold Fund is 'Strong Hold'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Global Gold Fund given historical horizon and risk tolerance towards Global Gold. When Macroaxis issues a 'buy' or 'sell' recommendation for Global Gold Fund, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Global Gold 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 Global and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Global Gold Fund. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Execute Global Gold Buy or Sell Advice

The Global recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Global Gold Fund. Macroaxis does not own or have any residual interests in Global Gold Fund or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Global Gold's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Global GoldBuy Global Gold
Strong Hold

Market Performance

Very WeakDetails

Volatility

Not too volatileDetails

Hype Condition

StaleDetails

Current Valuation

OvervaluedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Barely shadows the marketDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon Global Gold Fund has a Risk Adjusted Performance of 0.0029, Jensen Alpha of (0.02), Total Risk Alpha of (0.26) and Treynor Ratio of (0.41)
Our advice tool can cross-verify current analyst consensus on Global Gold and to analyze the fund potential to grow in the current economic cycle. Use Global Gold annual yield and ten year return to ensure your buy or sell decision on Global Gold Fund is adequate.

Global Gold Trading Alerts and Improvement Suggestions

Global Gold Fund generated a negative expected return over the last 90 days
Latest headline from news.google.com: Is American Century Global Gold Investor a Strong Mutual Fund Pick Right Now - Yahoo Finance
The fund generated-2.0 ten year return of -2.0%
Global Gold Fund holds 98.47% of its assets under management (AUM) in equities

Global Gold Returns Distribution Density

The distribution of Global Gold's historical returns is an attempt to chart the uncertainty of Global Gold's future price movements. The chart of the probability distribution of Global Gold daily returns describes the distribution of returns around its average expected value. We use Global Gold Fund price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Global Gold returns is essential to provide solid investment advice for Global Gold.
Mean Return
-0.0075
Value At Risk
-2.75
Potential Upside
2.90
Standard Deviation
1.87
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Global Gold 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.

Global Gold 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 Global Gold or American Century Investments 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 Global Gold's price will be affected by overall mutual 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 Global 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
-0.02
β
Beta against Dow Jones0.04
σ
Overall volatility
1.88
Ir
Information ratio -0.06

Global Gold Volatility Alert

Global Gold Fund exhibits very low volatility with skewness of 0.04 and kurtosis of 0.17. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Global Gold's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Global Gold's mutual 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.

Global Gold Fundamentals Vs Peers

Comparing Global Gold'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 Global Gold's direct or indirect competition across all of the common fundamentals between Global Gold and the related equities. This way, we can detect undervalued stocks with similar characteristics as Global Gold or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Global Gold's fundamental indicators could also be used in its relative valuation, which is a method of valuing Global Gold by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Global Gold to competition
FundamentalsGlobal GoldPeer Average
Price To Earning24.00 X6.53 X
Price To Book1.80 X0.74 X
Price To Sales2.73 X0.61 X
Annual Yield0.01 %0.29 %
Year To Date Return18.58 %0.39 %
One Year Return31.99 %4.15 %
Three Year Return1.36 %3.60 %
Five Year Return5.84 %3.24 %
Ten Year Return(1.98) %1.79 %
Net Asset567.01 M4.11 B
Last Dividend Paid0.070.65
Cash Position Weight0.49 %10.61 %
Equity Positions Weight98.47 %63.90 %

Global Gold Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Global . 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 Global Gold Buy or Sell Advice

When is the right time to buy or sell Global Gold Fund? Buying financial instruments such as Global Mutual Fund 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 Global Gold 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.

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Exotic Funds
Exotic Funds Theme
Funds or Etfs with high minimum investment requirement that manage portfolios of alternative investments such as hedge funds, options, futures, real estate or commodities. The Exotic Funds theme has 43 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 Exotic Funds Theme or any other thematic opportunities.
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Other Information on Investing in Global Mutual Fund

Global Gold financial ratios help investors to determine whether Global Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Global with respect to the benefits of owning Global Gold security.
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