Xtrackers California Municipal Etf Buy Hold or Sell Recommendation
| CA Etf | USD 25.33 0.02 0.08% |
Allowing for the 90-day total investment horizon and your above-average risk tolerance, our recommendation regarding Xtrackers California Municipal is 'Cautious Hold'. Macroaxis provides Xtrackers California buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding CA positions.
Check out Xtrackers California 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 Xtrackers and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Xtrackers California Municipal. 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.
Xtrackers |
Execute Xtrackers California Buy or Sell Advice
The Xtrackers recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Xtrackers California Municipal. Macroaxis does not own or have any residual interests in Xtrackers California Municipal or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Xtrackers California's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Modest | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details |
Xtrackers California Trading Alerts and Improvement Suggestions
| Xtrackers California Municipal reports about 3.33 B in cash with (526.38 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.14. | |
| Roughly 72.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from finance.yahoo.com: Opus Builders Announce Expansion in High-End Construction Projects |
Xtrackers California Returns Distribution Density
The distribution of Xtrackers California's historical returns is an attempt to chart the uncertainty of Xtrackers California's future price movements. The chart of the probability distribution of Xtrackers California daily returns describes the distribution of returns around its average expected value. We use Xtrackers California Municipal price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Xtrackers California returns is essential to provide solid investment advice for Xtrackers California.
| Mean Return | 0.02 | Value At Risk | -0.44 | Potential Upside | 0.40 | Standard Deviation | 0.25 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Xtrackers California 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.
Xtrackers California 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 Xtrackers California or Muni California Intermediate 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 Xtrackers California'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 Xtrackers 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 | 0.02 | |
β | Beta against Dow Jones | -0.06 | |
σ | Overall volatility | 0.25 | |
Ir | Information ratio | -0.45 |
Xtrackers California Volatility Alert
Xtrackers California Municipal exhibits very low volatility with skewness of -1.23 and kurtosis of 3.5. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Xtrackers California'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 Xtrackers California'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.Xtrackers California Fundamentals Vs Peers
Comparing Xtrackers California'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 Xtrackers California's direct or indirect competition across all of the common fundamentals between Xtrackers California and the related equities. This way, we can detect undervalued stocks with similar characteristics as Xtrackers California or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of Xtrackers California's fundamental indicators could also be used in its relative valuation, which is a method of valuing Xtrackers California by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Xtrackers California to competition |
| Fundamentals | Xtrackers California | Peer Average |
| Price To Earning | 40.11 X | 3.15 X |
| Price To Book | 2.34 X | 0.39 X |
| Price To Sales | 4.48 X | 0.33 X |
| Five Year Return | 3.16 % | 1.12 % |
| Last Dividend Paid | 1.02 | 0.14 |
Note: Disposition of 116409 shares by Gregoire Michael P of Xtrackers California at 35.28 subject to Rule 16b-3 [view details]
Xtrackers California Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Xtrackers . 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 Xtrackers California Buy or Sell Advice
When is the right time to buy or sell Xtrackers California Municipal? Buying financial instruments such as Xtrackers 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 Xtrackers California 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 Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
The market value of Xtrackers California is measured differently than its book value, which is the value of Xtrackers that is recorded on the company's balance sheet. Investors also form their own opinion of Xtrackers California's value that differs from its market value or its book value, called intrinsic value, which is Xtrackers California'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 Xtrackers California's market value can be influenced by many factors that don't directly affect Xtrackers California'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 Xtrackers California's value and its price as these two are different measures arrived at by different means. Investors typically determine if Xtrackers California is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Xtrackers California'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.