Midcap Growth Fund Buy Hold or Sell Recommendation
| PGWIX Fund | USD 12.47 0.04 0.32% |
Assuming the 90 days horizon and your highly speculative risk level, our recommendation regarding Midcap Growth Fund is 'Strong Buy'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Midcap Growth Fund given historical horizon and risk tolerance towards Midcap Growth. When Macroaxis issues a 'buy' or 'sell' recommendation for Midcap Growth Fund, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Midcap Growth 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 Midcap and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Midcap Growth Fund. 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 gross domestic product.
Midcap |
Execute Midcap Growth Buy or Sell Advice
The Midcap recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Midcap Growth Fund. Macroaxis does not own or have any residual interests in Midcap Growth Fund or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Midcap Growth's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | Strong | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Analyst Consensus | Not Available | Details |
Midcap Growth Trading Alerts and Improvement Suggestions
| The fund generated three year return of -4.0% | |
| Midcap Growth maintains 97.84% of its assets in stocks |
Midcap Growth Returns Distribution Density
The distribution of Midcap Growth's historical returns is an attempt to chart the uncertainty of Midcap Growth's future price movements. The chart of the probability distribution of Midcap Growth daily returns describes the distribution of returns around its average expected value. We use Midcap Growth Fund price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Midcap Growth returns is essential to provide solid investment advice for Midcap Growth.
| Mean Return | 0.34 | Value At Risk | -1.01 | Potential Upside | 1.90 | Standard Deviation | 1.04 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Midcap Growth 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.
Midcap Growth 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 Midcap Growth or Principal Funds 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 Midcap Growth'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 Midcap 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 | 0.30 | |
β | Beta against Dow Jones | 0.21 | |
σ | Overall volatility | 1.03 | |
Ir | Information ratio | 0.20 |
Midcap Growth Volatility Alert
Midcap Growth Fund has low volatility with Treynor Ratio of 1.59, Maximum Drawdown of 4.66 and kurtosis of 1.0. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Midcap Growth'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 Midcap Growth'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.Midcap Growth Fundamentals Vs Peers
Comparing Midcap Growth'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 Midcap Growth's direct or indirect competition across all of the common fundamentals between Midcap Growth and the related equities. This way, we can detect undervalued stocks with similar characteristics as Midcap Growth or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Midcap Growth's fundamental indicators could also be used in its relative valuation, which is a method of valuing Midcap Growth by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Midcap Growth to competition |
| Fundamentals | Midcap Growth | Peer Average |
| Price To Earning | 29.06 X | 6.53 X |
| Price To Book | 4.29 X | 0.74 X |
| Price To Sales | 2.52 X | 0.61 X |
| Year To Date Return | 22.51 % | 0.39 % |
| One Year Return | 30.14 % | 4.15 % |
| Three Year Return | (3.90) % | 3.60 % |
| Five Year Return | 12.44 % | 3.24 % |
| Ten Year Return | 13.38 % | 1.79 % |
| Net Asset | 239.74 M | 4.11 B |
| Cash Position Weight | 2.16 % | 10.61 % |
| Equity Positions Weight | 97.84 % | 63.90 % |
Midcap Growth Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Midcap . 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 | 1.0 | |||
| Day Median Price | 12.47 | |||
| Day Typical Price | 12.47 | |||
| Price Action Indicator | 0.02 | |||
| Period Momentum Indicator | 0.04 |
About Midcap Growth Buy or Sell Advice
When is the right time to buy or sell Midcap Growth Fund? Buying financial instruments such as Midcap 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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In addition to having Midcap Growth 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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Other Information on Investing in Midcap Mutual Fund
Midcap Growth financial ratios help investors to determine whether Midcap 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 Midcap with respect to the benefits of owning Midcap Growth security.
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges |