Accelerate Onechoice Alternative Etf Buy Hold or Sell Recommendation

ONEC Etf  CAD 23.48  0.11  0.47%   
Assuming the 90 days trading horizon and your complete indifference towards market risk, our recommendation regarding Accelerate OneChoice Alternative is 'Hold'. The recommendation algorithm takes into account all of Accelerate OneChoice's available fundamental, technical, and predictive indicators you will find on this site.
  
Check out Accelerate OneChoice 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 Accelerate and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Accelerate OneChoice Alternative. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Execute Accelerate OneChoice Buy or Sell Advice

The Accelerate recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Accelerate OneChoice Alternative. Macroaxis does not own or have any residual interests in Accelerate OneChoice Alternative or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Accelerate OneChoice's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Accelerate OneChoiceBuy Accelerate OneChoice
Hold

Market Performance

SolidDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

OvervaluedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Barely shadows the marketDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon Accelerate OneChoice Alternative has a Risk Adjusted Performance of 0.193, Jensen Alpha of 0.0748, Total Risk Alpha of 0.0268, Sortino Ratio of (0.11) and Treynor Ratio of 0.8143
Our investment recommendation module complements current analysts and expert consensus on Accelerate OneChoice. It analyzes the entity potential to grow using all fundamental, technical, and market related data available at the time. Please makes use of Accelerate OneChoice net asset, as well as the relationship between the equity positions weight and bond positions weight to make buy, hold, or sell decision on Accelerate OneChoice.

Accelerate OneChoice Trading Alerts and Improvement Suggestions

The fund maintains about 8.15% of its assets in bonds

Accelerate OneChoice Returns Distribution Density

The distribution of Accelerate OneChoice's historical returns is an attempt to chart the uncertainty of Accelerate OneChoice's future price movements. The chart of the probability distribution of Accelerate OneChoice daily returns describes the distribution of returns around its average expected value. We use Accelerate OneChoice Alternative price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Accelerate OneChoice returns is essential to provide solid investment advice for Accelerate OneChoice.
Mean Return
0.1
Value At Risk
-0.39
Potential Upside
0.59
Standard Deviation
0.37
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Accelerate OneChoice 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.

Accelerate OneChoice 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 Accelerate OneChoice or Accelerate Financial Technologies Inc 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 Accelerate OneChoice'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 Accelerate 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
0.07
β
Beta against Dow Jones0.11
σ
Overall volatility
0.37
Ir
Information ratio -0.11

Accelerate OneChoice Volatility Alert

Accelerate OneChoice Alternative exhibits very low volatility with skewness of 0.4 and kurtosis of 2.26. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Accelerate OneChoice'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 Accelerate OneChoice'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.

Accelerate OneChoice Fundamentals Vs Peers

Comparing Accelerate OneChoice'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 Accelerate OneChoice's direct or indirect competition across all of the common fundamentals between Accelerate OneChoice and the related equities. This way, we can detect undervalued stocks with similar characteristics as Accelerate OneChoice or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of Accelerate OneChoice's fundamental indicators could also be used in its relative valuation, which is a method of valuing Accelerate OneChoice by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Accelerate OneChoice to competition
FundamentalsAccelerate OneChoicePeer Average
One Year Return17.30 %(0.97) %
Three Year Return3.90 %3.23 %
Net Asset15.64 M2.29 B
Equity Positions Weight52.47 %52.82 %
Bond Positions Weight8.15 %8.16 %

Accelerate OneChoice Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Accelerate . 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 Accelerate OneChoice Buy or Sell Advice

When is the right time to buy or sell Accelerate OneChoice Alternative? Buying financial instruments such as Accelerate 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 Accelerate OneChoice 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.

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Run Broad Municipals ETFs Thematic Idea Now

Broad Municipals ETFs
Broad Municipals ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Broad Municipals ETFs theme has 50 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 Municipals ETFs Theme or any other thematic opportunities.
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Other Information on Investing in Accelerate Etf

Accelerate OneChoice financial ratios help investors to determine whether Accelerate Etf 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 Accelerate with respect to the benefits of owning Accelerate OneChoice security.