Clearshares Piton Intermediate Etf Buy Hold or Sell Recommendation
| PIFI Etf | USD 93.09 0.09 0.1% |
Given the investment horizon of 90 days and your below-average risk tolerance, our recommendation regarding ClearShares Piton Intermediate is 'Strong Sell'. The recommendation algorithm takes into account all of ClearShares Piton's available fundamental, technical, and predictive indicators you will find on this site.
Check out ClearShares Piton 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 ClearShares and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards ClearShares Piton Intermediate. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in census.
ClearShares |
Execute ClearShares Piton Buy or Sell Advice
The ClearShares recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on ClearShares Piton Intermediate. Macroaxis does not own or have any residual interests in ClearShares Piton Intermediate or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute ClearShares Piton's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details | |
Financial Leverage | Not Rated | Details |
ClearShares Piton Trading Alerts and Improvement Suggestions
| ClearShares Piton generated a negative expected return over the last 90 days | |
| Latest headline from newsbtc.com: Bitcoin Reaches New High Of 94,000 Blockstream CEO Anticipates 1 Million Ahead | |
| The fund created three year return of 0.0% | |
| ClearShares Piton maintains most of the assets in different exotic instruments. |
ClearShares Piton Returns Distribution Density
The distribution of ClearShares Piton's historical returns is an attempt to chart the uncertainty of ClearShares Piton's future price movements. The chart of the probability distribution of ClearShares Piton daily returns describes the distribution of returns around its average expected value. We use ClearShares Piton Intermediate price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of ClearShares Piton returns is essential to provide solid investment advice for ClearShares Piton.
| Mean Return | -0.01 | Value At Risk | -0.27 | Potential Upside | 0.25 | Standard Deviation | 0.18 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of ClearShares Piton 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.
ClearShares Piton 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 ClearShares Piton or ClearShares 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 ClearShares Piton'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 ClearShares 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 | -0.02 | |
β | Beta against Dow Jones | -0.04 | |
σ | Overall volatility | 0.18 | |
Ir | Information ratio | -0.61 |
ClearShares Piton Volatility Alert
ClearShares Piton Intermediate exhibits very low volatility with skewness of -0.39 and kurtosis of 0.67. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure ClearShares Piton'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 ClearShares Piton'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.ClearShares Piton Fundamentals Vs Peers
Comparing ClearShares Piton'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 ClearShares Piton's direct or indirect competition across all of the common fundamentals between ClearShares Piton and the related equities. This way, we can detect undervalued stocks with similar characteristics as ClearShares Piton or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of ClearShares Piton's fundamental indicators could also be used in its relative valuation, which is a method of valuing ClearShares Piton by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare ClearShares Piton to competition |
| Fundamentals | ClearShares Piton | Peer Average |
| Beta | 0.57 | |
| One Year Return | 5.30 % | (0.97) % |
| Three Year Return | (0.10) % | 3.23 % |
| Net Asset | 127.84 M | 2.29 B |
| Bond Positions Weight | 1.63 % | 8.16 % |
ClearShares Piton Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as ClearShares . 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 ClearShares Piton Buy or Sell Advice
When is the right time to buy or sell ClearShares Piton Intermediate? Buying financial instruments such as ClearShares 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 ClearShares Piton 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 Services Thematic Idea Now
Services
Companies involved in delivering services to business or consumers across different industries and sectors. The Services theme has 30 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 Services Theme or any other thematic opportunities.
| View All Next | Launch |
Check out ClearShares Piton 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 Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
The market value of ClearShares Piton is measured differently than its book value, which is the value of ClearShares that is recorded on the company's balance sheet. Investors also form their own opinion of ClearShares Piton's value that differs from its market value or its book value, called intrinsic value, which is ClearShares Piton'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 ClearShares Piton's market value can be influenced by many factors that don't directly affect ClearShares Piton'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 ClearShares Piton's value and its price as these two are different measures arrived at by different means. Investors typically determine if ClearShares Piton is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ClearShares Piton'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.