Microsectorstm Oil Gas Etf Buy Hold or Sell Recommendation
| OILD Etf | USD 13.70 0.02 0.15% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding MicroSectorsTM Oil Gas is 'Strong Sell'. Macroaxis provides MicroSectorsTM Oil buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding OILD positions.
Check out MicroSectorsTM Oil 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 MicroSectorsTM and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards MicroSectorsTM Oil Gas. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
MicroSectorsTM |
Execute MicroSectorsTM Oil Buy or Sell Advice
The MicroSectorsTM recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on MicroSectorsTM Oil Gas. Macroaxis does not own or have any residual interests in MicroSectorsTM Oil Gas or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute MicroSectorsTM Oil's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves completely opposite to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details | |
Financial Leverage | Not Rated | Details |
MicroSectorsTM Oil Trading Alerts and Improvement Suggestions
| MicroSectorsTM Oil generated a negative expected return over the last 90 days | |
| MicroSectorsTM Oil has high historical volatility and very poor performance | |
| The fund created three year return of -64.0% | |
| MicroSectorsTM Oil Gas maintains all of its assets in stocks |
MicroSectorsTM Oil Returns Distribution Density
The distribution of MicroSectorsTM Oil's historical returns is an attempt to chart the uncertainty of MicroSectorsTM Oil's future price movements. The chart of the probability distribution of MicroSectorsTM Oil daily returns describes the distribution of returns around its average expected value. We use MicroSectorsTM Oil Gas price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of MicroSectorsTM Oil returns is essential to provide solid investment advice for MicroSectorsTM Oil.
| Mean Return | -0.12 | Value At Risk | -6.03 | Potential Upside | 6.17 | Standard Deviation | 3.76 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of MicroSectorsTM Oil 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.
MicroSectorsTM Oil 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 MicroSectorsTM Oil or BMO Capital Markets 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 MicroSectorsTM Oil'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 MicroSectorsTM 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 | 0.12 | |
β | Beta against Dow Jones | -2.11 | |
σ | Overall volatility | 3.79 | |
Ir | Information ratio | -0.07 |
MicroSectorsTM Oil Volatility Alert
MicroSectorsTM Oil Gas exhibits very low volatility with skewness of 0.08 and kurtosis of 1.11. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure MicroSectorsTM Oil'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 MicroSectorsTM Oil'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.MicroSectorsTM Oil Fundamentals Vs Peers
Comparing MicroSectorsTM Oil'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 MicroSectorsTM Oil's direct or indirect competition across all of the common fundamentals between MicroSectorsTM Oil and the related equities. This way, we can detect undervalued stocks with similar characteristics as MicroSectorsTM Oil or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of MicroSectorsTM Oil's fundamental indicators could also be used in its relative valuation, which is a method of valuing MicroSectorsTM Oil by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare MicroSectorsTM Oil to competition |
| Fundamentals | MicroSectorsTM Oil | Peer Average |
| One Year Return | (32.70) % | (0.97) % |
| Three Year Return | (63.80) % | 3.23 % |
| Net Asset | 19.53 M | 2.29 B |
| Equity Positions Weight | 100.00 % | 52.82 % |
MicroSectorsTM Oil Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as MicroSectorsTM . 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.
About MicroSectorsTM Oil Buy or Sell Advice
When is the right time to buy or sell MicroSectorsTM Oil Gas? Buying financial instruments such as MicroSectorsTM 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.
Use Investing Ideas to Build Portfolios
In addition to having MicroSectorsTM Oil 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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Information Technology (IT) companies and IT service providers across different domains. The IT theme has 48 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 IT Theme or any other thematic opportunities.
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Check out MicroSectorsTM Oil 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. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
The market value of MicroSectorsTM Oil Gas is measured differently than its book value, which is the value of MicroSectorsTM that is recorded on the company's balance sheet. Investors also form their own opinion of MicroSectorsTM Oil's value that differs from its market value or its book value, called intrinsic value, which is MicroSectorsTM Oil's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MicroSectorsTM Oil's market value can be influenced by many factors that don't directly affect MicroSectorsTM Oil's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MicroSectorsTM Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if MicroSectorsTM Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MicroSectorsTM Oil's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.