Nhyax Fund Market Outlook
| NHYAX Fund | USD 7.13 0.04 0.56% |
Slightly above 61% of Nhyax's investor base is looking to short. The analysis of overall sentiment of trading Nhyax mutual fund suggests that many investors are alarmed at this time. Nhyax's investing sentiment can be driven by a variety of factors including economic data, Nhyax's earnings reports, geopolitical events, and overall market trends.
Comfort Level 39
Alarmed
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Nhyax's input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Nhyax.
News SentimentNeutral | Hype SentimentBearish | Insider SentimentWaiting |
Assuming the 90 days horizon and your complete indifference towards market risk, our recommendation regarding Nhyax is 'Strong Hold'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Nhyax given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Nhyax, the advice is generated through an automated system that utilizes algorithms and statistical models.
Execute Nhyax Advice
The Nhyax recommendation should be used to complement the investment advice compiled from the current analysts' consensus on Nhyax. Macroaxis does not own or have any residual interests in Nhyax or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Nhyax's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Weakest | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Analyst Consensus | Not Available | Details |
For the selected time horizon Nhyax has a Risk Adjusted Performance of (0.03), Jensen Alpha of (0.01), Total Risk Alpha of (0.02), Sortino Ratio of (0.24) and Treynor Ratio of 3.77We provide investment recommendation to complement the last-minute expert consensus on Nhyax. Our dynamic recommendation engine harnesses a multidimensional algorithm to analyze the entity's potential to grow using all technical and fundamental data available at the time. Please exercise Nhyax number of employees and minimum initial investment to make buy, hold, or sell decision on Nhyax.
Nhyax Trading Alerts and Improvement Suggestions
| The fund has annual holdings turnover of about 139.0% suggesting active trading | |
| Nhyax maintains roughly 89.03% of its assets in bonds |
Nhyax Returns Distribution Density
The distribution of Nhyax's historical returns is an attempt to chart the uncertainty of Nhyax's future price movements. The chart of the probability distribution of Nhyax daily returns describes the distribution of returns around its average expected value. We use Nhyax price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Nhyax returns is essential to provide solid investment analysis for Nhyax.
| Mean Return | 0.0002 | Value At Risk | -0.28 | Potential Upside | 0.28 | Standard Deviation | 0.20 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Nhyax 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.
Nhyax 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 Nhyax or Nuveen 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 Nhyax'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 Nhyax 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 | -0.0097 | |
β | Beta against Dow Jones | -0.0026 | |
σ | Overall volatility | 0.20 | |
Ir | Information ratio | -0.36 |
Nhyax Volatility Alert
Nhyax exhibits very low volatility with skewness of -0.37 and kurtosis of 3.92. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Nhyax'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 Nhyax'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.Nhyax Fundamentals Vs Peers
Comparing Nhyax'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 Nhyax's direct or indirect competition across all of the common fundamentals between Nhyax and the related equities. This way, we can detect undervalued stocks with similar characteristics as Nhyax or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Nhyax's fundamental indicators could also be used in its relative valuation, which is a method of valuing Nhyax by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Nhyax to competition |
| Fundamentals | Nhyax | Peer Average |
| Year To Date Return | (4.99) % | 0.39 % |
| One Year Return | (4.91) % | 4.15 % |
| Three Year Return | 5.73 % | 3.60 % |
| Five Year Return | 3.74 % | 3.24 % |
| Net Asset | 98.77 M | 4.11 B |
| Minimum Initial Investment | 3 K | 976.16 K |
| Last Dividend Paid | 0.12 | 0.65 |
| Holdings Turnover | 139.00 % | 23.92 % |
| Cash Position Weight | 1.74 % | 10.61 % |
| Equity Positions Weight | 0.61 % | 63.90 % |
| Bond Positions Weight | 89.03 % | 11.24 % |
Nhyax Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Nhyax . 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.
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 7.13 | |||
| Day Typical Price | 7.13 | |||
| Price Action Indicator | (0.02) | |||
| Period Momentum Indicator | (0.04) |
About Nhyax Buy or Sell Advice
When is the right time to buy or sell Nhyax? Buying financial instruments such as Nhyax 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 Nhyax 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 Corporate ETFs Thematic Idea Now
Corporate ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Corporate ETFs theme has 242 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 Corporate ETFs Theme or any other thematic opportunities.
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Other Information on Investing in Nhyax Mutual Fund
Nhyax financial ratios help investors to determine whether Nhyax 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 Nhyax with respect to the benefits of owning Nhyax security.
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk |