North Square Mckee Fund Buy Hold or Sell Recommendation
| NMKYX Fund | USD 8.80 0.08 0.92% |
Assuming the 90 days horizon and your typical level of risk aversion, our recommendation regarding North Square Mckee is 'Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell North Square Mckee given historical horizon and risk tolerance towards North Square. When Macroaxis issues a 'buy' or 'sell' recommendation for North Square Mckee, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out North Square 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 North and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards North Square Mckee. 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 manufacturing.
North |
Execute North Square Buy or Sell Advice
The North recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on North Square Mckee. Macroaxis does not own or have any residual interests in North Square Mckee or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute North Square's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Sell
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Analyst Consensus | Not Available | Details |
North Square Trading Alerts and Improvement Suggestions
| North Square Mckee generated a negative expected return over the last 90 days | |
| The fund maintains about 6.8% of its assets in cash |
North Square Returns Distribution Density
The distribution of North Square's historical returns is an attempt to chart the uncertainty of North Square's future price movements. The chart of the probability distribution of North Square daily returns describes the distribution of returns around its average expected value. We use North Square Mckee price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of North Square returns is essential to provide solid investment advice for North Square.
| Mean Return | -0.03 | Value At Risk | -0.57 | Potential Upside | 0.45 | Standard Deviation | 0.29 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of North Square 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.
North Square 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 North Square or North Square 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 North Square'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 North 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 | -0.03 | |
β | Beta against Dow Jones | -0.05 | |
σ | Overall volatility | 0.31 | |
Ir | Information ratio | -0.55 |
North Square Volatility Alert
North Square Mckee exhibits very low volatility with skewness of -0.38 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 North Square'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 North Square'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.North Square Fundamentals Vs Peers
Comparing North Square'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 North Square's direct or indirect competition across all of the common fundamentals between North Square and the related equities. This way, we can detect undervalued stocks with similar characteristics as North Square or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of North Square's fundamental indicators could also be used in its relative valuation, which is a method of valuing North Square by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare North Square to competition |
| Fundamentals | North Square | Peer Average |
| Net Asset | 138.77 M | 4.11 B |
| Minimum Initial Investment | 50 K | 976.16 K |
| Last Dividend Paid | 0.01 | 0.65 |
| Cash Position Weight | 6.80 % | 10.61 % |
| Bond Positions Weight | 90.66 % | 11.24 % |
North Square Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as North . 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 | 8.8 | |||
| Day Typical Price | 8.8 | |||
| Price Action Indicator | 0.04 | |||
| Period Momentum Indicator | 0.08 |
About North Square Buy or Sell Advice
When is the right time to buy or sell North Square Mckee? Buying financial instruments such as North 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.
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Other Information on Investing in North Mutual Fund
North Square financial ratios help investors to determine whether North 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 North with respect to the benefits of owning North Square security.
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios |