Overlay Shares Foreign Etf Market Outlook
| OVF Etf | USD 31.90 0.12 0.38% |
Roughly 53% of Overlay Shares' investor base is interested to short. The current sentiment regarding investing in Overlay Shares Foreign etf implies that many traders are impartial. The current market sentiment, together with Overlay Shares' historical and current headlines, can help investors time the market. In addition, many technical investors use Overlay Shares Foreign etf news signals to limit their universe of possible portfolio assets.
Comfort Level 47
Impartial
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 Overlay Shares' 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 Overlay Shares Foreign.
News SentimentNeutral | Hype SentimentNeutral | Insider SentimentWaiting |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Overlay Shares Foreign is 'Strong Hold'. Macroaxis provides Overlay Shares buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding OVF positions.
Execute Overlay Shares Advice
The Overlay recommendation should be used to complement the investment advice compiled from the current analysts' consensus on Overlay Shares Foreign. Macroaxis does not own or have any residual interests in Overlay Shares Foreign or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Overlay Shares' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details | |
Financial Leverage | Not Rated | Details |
For the selected time horizon Overlay Shares Foreign has a Risk Adjusted Performance of 0.182, Jensen Alpha of 0.1218, Total Risk Alpha of 0.1028, Sortino Ratio of 0.1168 and Treynor Ratio of 0.215Our advice module can be used to complement Overlay Shares recommendation provided by average analyst sentiment. It analyzes the entity's potential to grow using fundamental, technical, data market data available at the time. Please employ Overlay Shares three year return to make buy, hold, or sell decision on Overlay Shares Foreign.
Overlay Shares Trading Alerts and Improvement Suggestions
| Latest headline from news.google.com: Market Outlook ETF growth raises importance of understanding fund holdings - BNN Bloomberg | |
| The fund maintains 98.3% of its assets in stocks |
Overlay Shares Returns Distribution Density
The distribution of Overlay Shares' historical returns is an attempt to chart the uncertainty of Overlay Shares' future price movements. The chart of the probability distribution of Overlay Shares daily returns describes the distribution of returns around its average expected value. We use Overlay Shares Foreign price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Overlay Shares returns is essential to provide solid investment analysis for Overlay Shares.
| Mean Return | 0.21 | Value At Risk | -1.39 | Potential Upside | 1.56 | Standard Deviation | 0.92 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Overlay Shares 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.
Overlay Shares 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 Overlay Shares or Overlay Shares 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 Overlay Shares' 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 Overlay 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 | 0.92 | |
σ | Overall volatility | 0.93 | |
Ir | Information ratio | 0.13 |
Overlay Shares Volatility Alert
Overlay Shares Foreign has low volatility with Treynor Ratio of 0.21, Maximum Drawdown of 4.09 and kurtosis of 0.93. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Overlay Shares' etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Overlay Shares' 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.Overlay Shares Fundamentals Vs Peers
Comparing Overlay Shares' 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 Overlay Shares' direct or indirect competition across all of the common fundamentals between Overlay Shares and the related equities. This way, we can detect undervalued stocks with similar characteristics as Overlay Shares or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of Overlay Shares' fundamental indicators could also be used in its relative valuation, which is a method of valuing Overlay Shares by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Overlay Shares to competition |
| Fundamentals | Overlay Shares | Peer Average |
| Beta | 1.12 | |
| One Year Return | 38.10 % | (0.97) % |
| Three Year Return | 19.50 % | 3.23 % |
| Five Year Return | 9.50 % | 1.12 % |
| Net Asset | 10.71 M | 2.29 B |
| Last Dividend Paid | 0.13 | 0.14 |
| Equity Positions Weight | 98.30 % | 52.82 % |
Overlay Shares Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Overlay . 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.
| Accumulation Distribution | 6.48 | |||
| Daily Balance Of Power | 2.0 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 31.93 | |||
| Day Typical Price | 31.92 | |||
| Price Action Indicator | 0.03 | |||
| Period Momentum Indicator | 0.12 |
About Overlay Shares Buy or Sell Advice
When is the right time to buy or sell Overlay Shares Foreign? Buying financial instruments such as Overlay 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 Overlay Shares 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 Sports Thematic Idea Now
Sports
Companies in sporting activities arena as well as manufacturers of sporting goods and sport retailers. The Sports theme has 25 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 Sports Theme or any other thematic opportunities.
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Check out Overlay Shares 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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Understanding Overlay Shares Foreign requires distinguishing between market price and book value, where the latter reflects Overlay's accounting equity. The concept of intrinsic value - what Overlay Shares' is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Market sentiment, economic cycles, and investor behavior can push Overlay Shares' price substantially above or below its fundamental value.
It's important to distinguish between Overlay Shares' intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Overlay Shares should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Overlay Shares' trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.