2x Corn Etf Buy Hold or Sell Recommendation
| CORX Etf | USD 15.81 0.26 1.67% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding 2x Corn ETF is 'Buy'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell 2x Corn ETF given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for 2x Corn ETF, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out 2x Corn 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 CORX and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards 2x Corn ETF. 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.
CORX |
Execute 2x Corn Buy or Sell Advice
The CORX recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on 2x Corn ETF. Macroaxis does not own or have any residual interests in 2x Corn ETF or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute 2x Corn's advice using the current market data and latest reported fundamentals.
Time Horizon
14 Months |
Risk Tolerance
I am an educated risk taker |
 |  |
Buy
Market Performance | Weak | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details |
2x Corn Trading Alerts and Improvement Suggestions
| 2x Corn ETF has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Net Loss for the year was (6.34 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| 2x Corn ETF currently holds about 157 in cash with (437) of positive cash flow from operations. | |
| Roughly 89.0% of the company shares are held by company insiders | |
| The fund holds all of the assets under management (AUM) in different types of exotic instruments |
2x Corn Returns Distribution Density
The distribution of 2x Corn's historical returns is an attempt to chart the uncertainty of 2x Corn's future price movements. The chart of the probability distribution of 2x Corn daily returns describes the distribution of returns around its average expected value. We use 2x Corn ETF price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of 2x Corn returns is essential to provide solid investment advice for 2x Corn.
| Mean Return | 0.12 |
| Value At Risk | -3.2 |
| Potential Upside | 3.02 |
| Standard Deviation | 2.16 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of 2x Corn 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.
2x Corn 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 2x Corn or Biotechnology 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 2x Corn'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 CORX 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 | 0.18 | |
β | Beta against Dow Jones | 0.90 | |
σ | Overall volatility | 2.12 | |
Ir | Information ratio | 0.09 |
2x Corn Volatility Alert
2x Corn ETF 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 2x Corn'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 2x Corn'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.2x Corn Fundamentals Vs Peers
Comparing 2x Corn'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 2x Corn's direct or indirect competition across all of the common fundamentals between 2x Corn and the related equities. This way, we can detect undervalued stocks with similar characteristics as 2x Corn or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of 2x Corn's fundamental indicators could also be used in its relative valuation, which is a method of valuing 2x Corn by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare 2x Corn to competition |
| Fundamentals | 2x Corn | Peer Average |
| Price To Earning | 6.38 X | 3.15 X |
| Price To Book | 0.56 X | 0.39 X |
| Price To Sales | 5.14 X | 0.33 X |
| Beta | -10.54 | |
| Annual Yield | 0 % | 0.28 % |
2x Corn Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as CORX . 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.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 15.81 | |||
| Day Typical Price | 15.81 | |||
| Price Action Indicator | 0.13 | |||
| Period Momentum Indicator | 0.26 |
About 2x Corn Buy or Sell Advice
When is the right time to buy or sell 2x Corn ETF? Buying financial instruments such as CORX 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 2x Corn 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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Sport Products
Companies manufacturing sporting goods and accessories. The Sport Products theme has 42 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 Sport Products Theme or any other thematic opportunities.
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Check out 2x Corn 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 Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
The market value of 2x Corn ETF is measured differently than its book value, which is the value of CORX that is recorded on the company's balance sheet. Investors also form their own opinion of 2x Corn's value that differs from its market value or its book value, called intrinsic value, which is 2x Corn'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 2x Corn's market value can be influenced by many factors that don't directly affect 2x Corn'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 2x Corn's value and its price as these two are different measures arrived at by different means. Investors typically determine if 2x Corn is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 2x Corn'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.