Sonicshares Global Shipping Etf Buy Hold or Sell Recommendation
| BOAT Etf | USD 31.12 0.58 1.83% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding SonicShares Global Shipping is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell SonicShares Global Shipping given historical horizon and risk tolerance towards SonicShares Global. When Macroaxis issues a 'buy' or 'sell' recommendation for SonicShares Global Shipping, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out SonicShares Global 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 SonicShares and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards SonicShares Global Shipping. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation.
SonicShares |
Execute SonicShares Global Buy or Sell Advice
The SonicShares recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on SonicShares Global Shipping. Macroaxis does not own or have any residual interests in SonicShares Global Shipping or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute SonicShares Global'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 | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details | |
Financial Leverage | Not Rated | Details |
SonicShares Global Trading Alerts and Improvement Suggestions
| SonicShares Global generated a negative expected return over the last 90 days | |
| Latest headline from businesswire.com: RunMyProcess Names Uno Veski as Chief Product and Strategy Officer, Ready to Capitalize off Business Orchestration and Automation Technologies | |
| The fund holds 97.08% of its assets under management (AUM) in equities |
SonicShares Global Returns Distribution Density
The distribution of SonicShares Global's historical returns is an attempt to chart the uncertainty of SonicShares Global's future price movements. The chart of the probability distribution of SonicShares Global daily returns describes the distribution of returns around its average expected value. We use SonicShares Global Shipping price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of SonicShares Global returns is essential to provide solid investment advice for SonicShares Global.
| Mean Return | -0.08 | Value At Risk | -3.12 | Potential Upside | 2.35 | Standard Deviation | 1.55 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of SonicShares Global 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.
SonicShares Global 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 SonicShares Global or SonicShares 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 SonicShares Global'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 SonicShares 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 | -0.11 | |
β | Beta against Dow Jones | 0.15 | |
σ | Overall volatility | 1.56 | |
Ir | Information ratio | -0.14 |
SonicShares Global Volatility Alert
SonicShares Global Shipping exhibits very low volatility with skewness of -0.26 and kurtosis of -0.02. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure SonicShares Global'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 SonicShares Global'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.SonicShares Global Fundamentals Vs Peers
Comparing SonicShares Global'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 SonicShares Global's direct or indirect competition across all of the common fundamentals between SonicShares Global and the related equities. This way, we can detect undervalued stocks with similar characteristics as SonicShares Global or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of SonicShares Global's fundamental indicators could also be used in its relative valuation, which is a method of valuing SonicShares Global by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare SonicShares Global to competition |
| Fundamentals | SonicShares Global | Peer Average |
| Beta | 1.02 | |
| One Year Return | 15.30 % | (0.97) % |
| Three Year Return | 18.20 % | 3.23 % |
| Net Asset | 18.03 M | 2.29 B |
| Equity Positions Weight | 97.08 % | 52.82 % |
SonicShares Global Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as SonicShares . 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 SonicShares Global Buy or Sell Advice
When is the right time to buy or sell SonicShares Global Shipping? Buying financial instruments such as SonicShares 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.
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Check out SonicShares Global 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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
The market value of SonicShares Global is measured differently than its book value, which is the value of SonicShares that is recorded on the company's balance sheet. Investors also form their own opinion of SonicShares Global's value that differs from its market value or its book value, called intrinsic value, which is SonicShares Global'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 SonicShares Global's market value can be influenced by many factors that don't directly affect SonicShares Global'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 SonicShares Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if SonicShares Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SonicShares Global'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.