Elkhorn Buy Hold or Sell Recommendation
| DWACDelisted Etf | USD 17.63 1.37 7.21% |
Given the investment horizon of 90 days and your slightly conservative level of risk, our recommendation regarding Elkhorn is 'Not Rated'. Macroaxis provides Elkhorn buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Elkhorn positions.
Check out Investing Opportunities to better understand how to build diversified portfolios. 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. Note, we conduct extensive research on individual funds such as Elkhorn and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Elkhorn. 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.
Elkhorn |
Execute Elkhorn Buy or Sell Advice
The Elkhorn recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Elkhorn. Macroaxis does not own or have any residual interests in Elkhorn or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Elkhorn's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
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Not Rated
Elkhorn Trading Alerts and Improvement Suggestions
| Elkhorn is now traded under the symbol DJT. Please update your portfolios or report it if you believe this is an error. Report It! | |
| Elkhorn is not yet fully synchronised with the market data | |
| Elkhorn has a very high chance of going through financial distress in the upcoming years | |
| Elkhorn currently holds 3.5 M in liabilities with Debt to Equity (D/E) ratio of 3.47, implying the company greatly relies on financing operations through barrowing. Elkhorn has a current ratio of 0.04, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Elkhorn until it has trouble settling it off, either with new capital or with free cash flow. So, Elkhorn's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Elkhorn sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Elkhorn to invest in growth at high rates of return. When we think about Elkhorn's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (25.13 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Elkhorn currently holds about 2.97 K in cash with (1.78 M) of positive cash flow from operations. | |
| The fund retains roughly 62.78% of its assets under management (AUM) in fixed income securities |
Elkhorn Returns Distribution Density
The distribution of Elkhorn's historical returns is an attempt to chart the uncertainty of Elkhorn's future price movements. The chart of the probability distribution of Elkhorn daily returns describes the distribution of returns around its average expected value. We use Elkhorn price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Elkhorn returns is essential to provide solid investment advice for Elkhorn.
| Mean Return | 0.65 | Value At Risk | -2.25 | Potential Upside | 3.49 | Standard Deviation | 6.91 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Elkhorn 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.
Note: Digital World exotic insider transaction detected [view details]
Elkhorn Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Elkhorn . 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 Elkhorn Buy or Sell Advice
When is the right time to buy or sell Elkhorn? Buying financial instruments such as Elkhorn 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 Elkhorn 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?
Run Utilities Thematic Idea Now
Utilities
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Utilities theme has 61 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 Utilities Theme or any other thematic opportunities.
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Check out Investing Opportunities to better understand how to build diversified portfolios. 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. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Other Consideration for investing in Elkhorn Etf
If you are still planning to invest in Elkhorn check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Elkhorn's history and understand the potential risks before investing.
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk |