Axs 2x Innovation Etf Buy Hold or Sell Recommendation
| TARK Etf | USD 52.42 1.01 1.96% |
Given the investment horizon of 90 days and your below-average risk tolerance, our recommendation regarding AXS 2X Innovation is 'Strong Sell'. The recommendation algorithm takes into account all of AXS 2X's available fundamental, technical, and predictive indicators you will find on this site.
Check out AXS 2X 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 AXS and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards AXS 2X Innovation. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
AXS |
Execute AXS 2X Buy or Sell Advice
The AXS recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on AXS 2X Innovation. Macroaxis does not own or have any residual interests in AXS 2X Innovation or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute AXS 2X's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details | |
Financial Leverage | Not Rated | Details |
AXS 2X Trading Alerts and Improvement Suggestions
| AXS 2X Innovation had very high historical volatility over the last 90 days | |
| Latest headline from news.google.com: Long Term Trading Analysis for - Stock Traders Daily | |
| The fund maintains all of the assets in different exotic instruments |
AXS 2X Returns Distribution Density
The distribution of AXS 2X's historical returns is an attempt to chart the uncertainty of AXS 2X's future price movements. The chart of the probability distribution of AXS 2X daily returns describes the distribution of returns around its average expected value. We use AXS 2X Innovation price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of AXS 2X returns is essential to provide solid investment advice for AXS 2X.
| Mean Return | 0.12 | Value At Risk | -7.44 | Potential Upside | 8.47 | Standard Deviation | 7.97 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of AXS 2X 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.
AXS 2X 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 AXS 2X or AXS 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 AXS 2X'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 AXS 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 | 0.08 | |
β | Beta against Dow Jones | 0.58 | |
σ | Overall volatility | 8.33 | |
Ir | Information ratio | 0.01 |
AXS 2X Volatility Alert
AXS 2X Innovation is showing large volatility of returns over the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure AXS 2X'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 AXS 2X'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.AXS 2X Fundamentals Vs Peers
Comparing AXS 2X'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 AXS 2X's direct or indirect competition across all of the common fundamentals between AXS 2X and the related equities. This way, we can detect undervalued stocks with similar characteristics as AXS 2X or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of AXS 2X's fundamental indicators could also be used in its relative valuation, which is a method of valuing AXS 2X by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare AXS 2X to competition |
| Fundamentals | AXS 2X | Peer Average |
| One Year Return | 41.70 % | (0.97) % |
| Net Asset | 48.98 M | 2.29 B |
AXS 2X Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as AXS . 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 AXS 2X Buy or Sell Advice
When is the right time to buy or sell AXS 2X Innovation? Buying financial instruments such as AXS 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.
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In addition to having AXS 2X 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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Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Aircraft theme has 44 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 Aircraft Theme or any other thematic opportunities.
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Check out AXS 2X 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 Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
The market value of AXS 2X Innovation is measured differently than its book value, which is the value of AXS that is recorded on the company's balance sheet. Investors also form their own opinion of AXS 2X's value that differs from its market value or its book value, called intrinsic value, which is AXS 2X'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 AXS 2X's market value can be influenced by many factors that don't directly affect AXS 2X'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 AXS 2X's value and its price as these two are different measures arrived at by different means. Investors typically determine if AXS 2X is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AXS 2X'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.