Engene Holdings Common Etf Buy Hold or Sell Recommendation
| ENGN Etf | USD 7.68 0.01 0.13% |
Given the investment horizon of 90 days and your complete indifference towards market risk, our recommendation regarding enGene Holdings Common is 'Sell'. The recommendation algorithm takes into account all of EnGene Holdings' available fundamental, technical, and predictive indicators you will find on this site.
Check out EnGene Holdings 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 EnGene and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards enGene Holdings Common. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price.
EnGene |
Execute EnGene Holdings Buy or Sell Advice
The EnGene recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on enGene Holdings Common. Macroaxis does not own or have any residual interests in enGene Holdings Common or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute EnGene Holdings' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Sell
Market Performance | Modest | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Buy | Details |
EnGene Holdings Trading Alerts and Improvement Suggestions
| EnGene Holdings had very high historical volatility over the last 90 days | |
| Net Loss for the year was (99.92 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| EnGene Holdings generates negative cash flow from operations | |
| Over 83.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from benzinga.com: This TechnipFMC Analyst Begins Coverage On A Bullish Note Here Are Top 5 Initiations For Monday | |
| The fund retains about 97.03% of its assets under management (AUM) in fixed income securities |
EnGene Holdings Returns Distribution Density
The distribution of EnGene Holdings' historical returns is an attempt to chart the uncertainty of EnGene Holdings' future price movements. The chart of the probability distribution of EnGene Holdings daily returns describes the distribution of returns around its average expected value. We use enGene Holdings Common price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of EnGene Holdings returns is essential to provide solid investment advice for EnGene Holdings.
| Mean Return | 0.45 | Value At Risk | -5.95 | Potential Upside | 8.81 | Standard Deviation | 4.39 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of EnGene Holdings 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.
EnGene Holdings 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 EnGene Holdings 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 EnGene Holdings' 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 EnGene 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 | 0.44 | |
β | Beta against Dow Jones | 0.07 | |
σ | Overall volatility | 4.37 | |
Ir | Information ratio | 0.07 |
EnGene Holdings Volatility Alert
enGene Holdings Common exhibits above-average semi-deviation for your current time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure EnGene Holdings' etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact EnGene Holdings' 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.EnGene Holdings Fundamentals Vs Peers
Comparing EnGene Holdings' 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 EnGene Holdings' direct or indirect competition across all of the common fundamentals between EnGene Holdings and the related equities. This way, we can detect undervalued stocks with similar characteristics as EnGene Holdings or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of EnGene Holdings' fundamental indicators could also be used in its relative valuation, which is a method of valuing EnGene Holdings by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare EnGene Holdings to competition |
| Fundamentals | EnGene Holdings | Peer Average |
| Price To Book | 1.70 X | 0.39 X |
| Beta | -0.76 | |
| Year To Date Return | (0.98) % | (2.35) % |
| One Year Return | 4.07 % | (0.97) % |
| Three Year Return | 3.14 % | 3.23 % |
| Net Asset | 86.96 M | 2.29 B |
| Bond Positions Weight | 97.03 % | 8.16 % |
Note: Acquisition by Forbion Growth Opportunities Fund I Cooperatief U.a. of 5997 shares of EnGene Holdings at 6.5436 subject to Rule 16b-3 [view details]
EnGene Holdings Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as EnGene . 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 EnGene Holdings Buy or Sell Advice
When is the right time to buy or sell enGene Holdings Common? Buying financial instruments such as EnGene 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.
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Other Information on Investing in EnGene Etf
EnGene Holdings financial ratios help investors to determine whether EnGene Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in EnGene with respect to the benefits of owning EnGene Holdings security.