Savvylong 2x Cibc Etf Buy Hold or Sell Recommendation
| COMU Etf | 24.42 0.44 1.77% |
About 62% of SavvyLong's investor base is looking to short. The current sentiment regarding investing in SavvyLong 2X CIBC etf implies that many traders are alarmed. SavvyLong's investing sentiment overview a quick insight into current market opportunities from investing in SavvyLong 2X CIBC. Many technical investors use SavvyLong 2X CIBC etf news signals to limit their universe of possible portfolio assets and to time the market correctly.
Comfort Level 38
Alarmed
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use SavvyLong's input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward SavvyLong 2X CIBC.
News SentimentNeutral | Hype SentimentBearish | Insider SentimentWaiting |
Assuming the 90 days trading horizon and your typical level of risk aversion, our recommendation regarding SavvyLong 2X CIBC is 'Strong Buy'. The recommendation algorithm takes into account all of SavvyLong's available fundamental, technical, and predictive indicators you will find on this site.
Execute SavvyLong Buy or Sell Advice
The SavvyLong recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on SavvyLong 2X CIBC. Macroaxis does not own or have any residual interests in SavvyLong 2X CIBC or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute SavvyLong's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | Fair | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Economic Sensitivity | Follows the market closely | Details |
SavvyLong Returns Distribution Density
The distribution of SavvyLong's historical returns is an attempt to chart the uncertainty of SavvyLong's future price movements. The chart of the probability distribution of SavvyLong daily returns describes the distribution of returns around its average expected value. We use SavvyLong 2X CIBC price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of SavvyLong returns is essential to provide solid investment advice for SavvyLong.
| Mean Return | 0.32 | Value At Risk | -0.93 | Potential Upside | 3.39 | Standard Deviation | 1.89 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of SavvyLong 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.
SavvyLong 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 SavvyLong or SavvyLong 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 SavvyLong'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 SavvyLong 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 | 0.25 | |
β | Beta against Dow Jones | 0.72 | |
σ | Overall volatility | 1.91 | |
Ir | Information ratio | 0.12 |
SavvyLong Volatility Alert
SavvyLong 2X CIBC shows above-average downside volatility for the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure SavvyLong'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 SavvyLong'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.SavvyLong Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as SavvyLong . 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.
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 24.42 | |||
| Day Typical Price | 24.42 | |||
| Price Action Indicator | (0.22) | |||
| Period Momentum Indicator | (0.44) | |||
| Relative Strength Index | 56.28 |
Use Investing Ideas to Build Portfolios
In addition to having SavvyLong 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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