Encore Energy Corp Etf Buy Hold or Sell Recommendation
| EU Etf | USD 3.32 0.04 1.22% |
Allowing for the 90-day total investment horizon and your above-average risk tolerance, our recommendation regarding enCore Energy Corp is 'Strong Sell'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell enCore Energy Corp given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for enCore Energy Corp, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out EnCore Energy 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 EnCore and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards enCore Energy Corp. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in employment.
EnCore |
Execute EnCore Energy Buy or Sell Advice
The EnCore recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on enCore Energy Corp. Macroaxis does not own or have any residual interests in enCore Energy Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute EnCore Energy's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Moderately volatile | 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 | |
Financial Leverage | Not Rated | Details |
EnCore Energy Trading Alerts and Improvement Suggestions
| enCore Energy Corp generated a negative expected return over the last 90 days | |
| Annual Net Loss to common stockholders was (22.39 M) with gross Loss of (660.32 K). | |
| Latest headline from oilprice.com: Brussels Aims at Russian LNG and Aluminum | |
| The fund retains about 100.0% of its assets under management (AUM) in fixed income securities |
EnCore Energy Returns Distribution Density
The distribution of EnCore Energy's historical returns is an attempt to chart the uncertainty of EnCore Energy's future price movements. The chart of the probability distribution of EnCore Energy daily returns describes the distribution of returns around its average expected value. We use enCore Energy Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of EnCore Energy returns is essential to provide solid investment advice for EnCore Energy.
| Mean Return | -0.29 | Value At Risk | -4.78 | Potential Upside | 4.51 | Standard Deviation | 2.89 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of EnCore Energy 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.
EnCore Energy 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 EnCore Energy or Oil, Gas & Consumable Fuels 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 EnCore Energy'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 EnCore 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 | -0.3 | |
β | Beta against Dow Jones | 0.01 | |
σ | Overall volatility | 2.81 | |
Ir | Information ratio | -0.1 |
EnCore Energy Volatility Alert
enCore Energy Corp exhibits very low volatility with skewness of 0.49 and kurtosis of 0.62. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure EnCore Energy'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 EnCore Energy'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.EnCore Energy Fundamentals Vs Peers
Comparing EnCore Energy'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 EnCore Energy's direct or indirect competition across all of the common fundamentals between EnCore Energy and the related equities. This way, we can detect undervalued stocks with similar characteristics as EnCore Energy or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of EnCore Energy's fundamental indicators could also be used in its relative valuation, which is a method of valuing EnCore Energy by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare EnCore Energy to competition |
| Fundamentals | EnCore Energy | Peer Average |
| Price To Book | 1.77 X | 0.39 X |
| Price To Sales | 17.02 X | 0.33 X |
| Beta | 1.19 | |
| Year To Date Return | (5.08) % | (2.35) % |
| One Year Return | (5.65) % | (0.97) % |
| Three Year Return | 0.29 % | 3.23 % |
| Net Asset | 324.57 M | 2.29 B |
| Bond Positions Weight | 100.00 % | 8.16 % |
Note: Insider Trading [view details]
EnCore Energy Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as EnCore . 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.
| Accumulation Distribution | 42611.99 | |||
| Daily Balance Of Power | 0.3077 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 3.31 | |||
| Day Typical Price | 3.31 | |||
| Price Action Indicator | 0.035 | |||
| Period Momentum Indicator | 0.04 |
About EnCore Energy Buy or Sell Advice
When is the right time to buy or sell enCore Energy Corp? Buying financial instruments such as EnCore 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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Other Information on Investing in EnCore Etf
EnCore Energy financial ratios help investors to determine whether EnCore 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 EnCore with respect to the benefits of owning EnCore Energy security.