Alps Equal Sector Etf Buy Hold or Sell Recommendation
| EQL Etf | USD 133.20 0.51 0.38% |
Considering the 90-day investment horizon and complete risk avoidance on your part, our recommendation regarding ALPS Equal Sector is 'Strong Sell'. The recommendation algorithm takes into account all of ALPS Equal's available fundamental, technical, and predictive indicators you will find on this site.
Check out ALPS Equal 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 ALPS and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards ALPS Equal Sector. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in producer price index.
ALPS |
Execute ALPS Equal Buy or Sell Advice
The ALPS recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on ALPS Equal Sector. Macroaxis does not own or have any residual interests in ALPS Equal Sector or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute ALPS Equal's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Solid | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details | |
Financial Leverage | Not Rated | Details |
ALPS Equal Trading Alerts and Improvement Suggestions
| Latest headline from news.google.com: How to Take Advantage of moves in - Stock Traders Daily | |
| The fund retains 99.79% of its assets under management (AUM) in equities |
ALPS Equal Returns Distribution Density
The distribution of ALPS Equal's historical returns is an attempt to chart the uncertainty of ALPS Equal's future price movements. The chart of the probability distribution of ALPS Equal daily returns describes the distribution of returns around its average expected value. We use ALPS Equal Sector price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of ALPS Equal returns is essential to provide solid investment advice for ALPS Equal.
| Mean Return | 0.12 | Value At Risk | -0.85 | Potential Upside | 0.94 | Standard Deviation | 0.58 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of ALPS Equal 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.
ALPS Equal 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 ALPS Equal or ALPS 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 ALPS Equal'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 ALPS 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 | 0.68 | |
σ | Overall volatility | 0.54 | |
Ir | Information ratio | -0.03 |
ALPS Equal Volatility Alert
ALPS Equal Sector exhibits relatively low volatility with skewness of -0.15 and kurtosis of 0.79. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure ALPS Equal'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 ALPS Equal'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.ALPS Equal Fundamentals Vs Peers
Comparing ALPS Equal'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 ALPS Equal's direct or indirect competition across all of the common fundamentals between ALPS Equal and the related equities. This way, we can detect undervalued stocks with similar characteristics as ALPS Equal or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of ALPS Equal's fundamental indicators could also be used in its relative valuation, which is a method of valuing ALPS Equal by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare ALPS Equal to competition |
| Fundamentals | ALPS Equal | Peer Average |
| Price To Earning | 19.99 X | 3.15 X |
| Price To Book | 2.60 X | 0.39 X |
| Price To Sales | 1.85 X | 0.33 X |
| Beta | 0.92 | |
| One Year Return | 28.70 % | (0.97) % |
| Three Year Return | 10.80 % | 3.23 % |
| Five Year Return | 13.60 % | 1.12 % |
| Ten Year Return | 11.20 % | 1.20 % |
| Net Asset | 264.57 M | 2.29 B |
| Last Dividend Paid | 0.38 | 0.14 |
| Equity Positions Weight | 99.79 % | 52.82 % |
ALPS Equal Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as ALPS . 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 ALPS Equal Buy or Sell Advice
When is the right time to buy or sell ALPS Equal Sector? Buying financial instruments such as ALPS 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 ALPS Equal 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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
The market value of ALPS Equal Sector is measured differently than its book value, which is the value of ALPS that is recorded on the company's balance sheet. Investors also form their own opinion of ALPS Equal's value that differs from its market value or its book value, called intrinsic value, which is ALPS Equal'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 ALPS Equal's market value can be influenced by many factors that don't directly affect ALPS Equal'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 ALPS Equal's value and its price as these two are different measures arrived at by different means. Investors typically determine if ALPS Equal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ALPS Equal'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.