Copper Commodity Buy Hold or Sell Recommendation
| HGUSD Commodity | 4.15 0.09 2.22% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Copper is 'Strong Sell'. Macroaxis provides Copper buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Copper positions.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any commodity could be closely tied with the direction of predictive economic indicators such as signals in state. Also, note that the market value of any commodity could be closely tied with the direction of predictive economic indicators such as signals in state.
Copper |
Execute Copper Buy or Sell Advice
The Copper recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Copper. Macroaxis does not own or have any residual interests in Copper or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Copper's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Slightly risky | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details |
Copper Trading Alerts and Improvement Suggestions
| Copper generated a negative expected return over the last 90 days |
Copper Returns Distribution Density
The distribution of Copper's historical returns is an attempt to chart the uncertainty of Copper's future price movements. The chart of the probability distribution of Copper daily returns describes the distribution of returns around its average expected value. We use Copper price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Copper returns is essential to provide solid investment advice for Copper.
| Mean Return | 0.01 | Value At Risk | -2.41 | Potential Upside | 2.22 | Standard Deviation | 1.54 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Copper 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.
Copper Greeks
Most traded commodities, like Copper, are exposed to two types of risk: systematic (i.e., market-wide) and unsystematic (i.e., specific to the commodities market). Unsystematic risk pertains to events directly impacting Copper prices. This risk can be mitigated by diversifying investments across various commodities from different sectors that have low correlation with each other. Conversely, systematic risk involves price fluctuations due to broader commodity market trends and cannot be eliminated through diversification. Regardless of the number of commodities in your portfolio, market-wide risks persist. However, you can assess Copper's historical responsiveness to market shifts to gauge your comfort with its price volatility. Beta and standard deviation are key metrics to guide this analysis.
α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | -0.11 | |
σ | Overall volatility | 1.54 | |
Ir | Information ratio | -0.08 |
Copper Volatility Alert
Copper has relatively low volatility with skewness of -0.19 and kurtosis of 1.26. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Copper's commodity risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Copper's commodity 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.Copper Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Copper . 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.
Use Investing Ideas to Build Portfolios
In addition to having Copper 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?
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Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Aircraft theme has 45 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 Aircraft Theme or any other thematic opportunities.
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