Health Care Ultrasector Fund Buy Hold or Sell Recommendation
| HCPSX Fund | USD 86.24 0.59 0.69% |
Assuming the 90 days horizon and your highly speculative risk level, our recommendation regarding Health Care Ultrasector is 'Buy'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Health Care Ultrasector given historical horizon and risk tolerance towards Health Care. When Macroaxis issues a 'buy' or 'sell' recommendation for Health Care Ultrasector, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Health Care 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 Health and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Health Care Ultrasector. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in state.
Health |
Execute Health Care Buy or Sell Advice
The Health recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Health Care Ultrasector. Macroaxis does not own or have any residual interests in Health Care Ultrasector or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Health Care's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Buy
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Analyst Consensus | Not Available | Details |
Health Care Trading Alerts and Improvement Suggestions
| Health Care generated a negative expected return over the last 90 days | |
| The fund generated three year return of -1.0% | |
| Health Care Ultrasector retains about 22.55% of its assets under management (AUM) in cash |
Health Care Returns Distribution Density
The distribution of Health Care's historical returns is an attempt to chart the uncertainty of Health Care's future price movements. The chart of the probability distribution of Health Care daily returns describes the distribution of returns around its average expected value. We use Health Care Ultrasector price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Health Care returns is essential to provide solid investment advice for Health Care.
| Mean Return | -0.14 | Value At Risk | -2.02 | Potential Upside | 1.23 | Standard Deviation | 1.01 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Health Care 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.
Health Care 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 Health Care or ProFunds 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 Health Care's price will be affected by overall mutual fund 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 Health fund'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 | -0.24 | |
β | Beta against Dow Jones | 0.79 | |
σ | Overall volatility | 1.02 | |
Ir | Information ratio | -0.26 |
Health Care Volatility Alert
Health Care Ultrasector exhibits very low volatility with skewness of -0.45 and kurtosis of -0.24. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Health Care's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Health Care's mutual fund 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.Health Care Fundamentals Vs Peers
Comparing Health Care'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 Health Care's direct or indirect competition across all of the common fundamentals between Health Care and the related equities. This way, we can detect undervalued stocks with similar characteristics as Health Care or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Health Care's fundamental indicators could also be used in its relative valuation, which is a method of valuing Health Care by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Health Care to competition |
| Fundamentals | Health Care | Peer Average |
| Price To Earning | 4.84 X | 6.53 X |
| Price To Book | 2.89 X | 0.74 X |
| Price To Sales | 2.04 X | 0.61 X |
| Year To Date Return | 4.83 % | 0.39 % |
| One Year Return | 12.03 % | 4.15 % |
| Three Year Return | (0.63) % | 3.60 % |
| Five Year Return | 8.23 % | 3.24 % |
| Ten Year Return | 19.71 % | 1.79 % |
| Net Asset | 63.97 M | 4.11 B |
| Cash Position Weight | 22.55 % | 10.61 % |
| Equity Positions Weight | 76.47 % | 63.90 % |
Health Care Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Health . 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 | 1.01 | |||
| Day Median Price | 86.24 | |||
| Day Typical Price | 86.24 | |||
| Price Action Indicator | 0.29 | |||
| Period Momentum Indicator | 0.59 |
About Health Care Buy or Sell Advice
When is the right time to buy or sell Health Care Ultrasector? Buying financial instruments such as Health Mutual Fund 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 Health Care 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 Broad Market ETFs Thematic Idea Now
Broad Market ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Broad Market ETFs theme has 58 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 Broad Market ETFs Theme or any other thematic opportunities.
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Other Information on Investing in Health Mutual Fund
Health Care financial ratios help investors to determine whether Health Mutual Fund 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 Health with respect to the benefits of owning Health Care security.
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
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