DOVER P 315 Buy Hold or Sell Recommendation

260003AM0   98.39  0.46  0.47%   
Assuming the 90 days trading horizon and your complete indifference towards market risk, our recommendation regarding DOVER P 315 is 'Strong Hold'. Macroaxis provides DOVER buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding DOVER positions.
  
Check out DOVER 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.
For information on how to trade DOVER Bond refer to our How to Trade DOVER Bond guide.
Also, note that the market value of any corporate bond could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Execute DOVER Buy or Sell Advice

The DOVER recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on DOVER P 315. Macroaxis does not own or have any residual interests in DOVER P 315 or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute DOVER's advice using the current market data and latest reported fundamentals.

Time Horizon

2  Years

Risk Tolerance

I am willing to take any risk
Execute Advice
Sell DOVERBuy DOVER
JavaScript chart by amCharts 3.21.15
Strong Hold

Market Performance

Very WeakDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

OvervaluedDetails

Odds of Default

Below AverageDetails

Economic Sensitivity

Barely shadows the marketDetails
For the selected time horizon DOVER P 315 has a Risk Adjusted Performance of 0.0036, Jensen Alpha of (0.01), Total Risk Alpha of 0.0223, Sortino Ratio of 0.0289 and Treynor Ratio of (0.47)
Macroaxis provides advice on DOVER P 315 to complement and cross-verify current analyst consensus on DOVER P 315. Our investment recommendation engine determines the bond's potential to grow exclusively from the perspective of an investor's current risk tolerance and investing horizon.

DOVER Trading Alerts and Improvement Suggestions

DOVER P 315 generated a negative expected return over the last 90 days

DOVER Returns Distribution Density

The distribution of DOVER's historical returns is an attempt to chart the uncertainty of DOVER's future price movements. The chart of the probability distribution of DOVER daily returns describes the distribution of returns around its average expected value. We use DOVER P 315 price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of DOVER returns is essential to provide solid investment advice for DOVER.
Mean Return
0
Value At Risk
-0.22
Potential Upside
0.27
Standard Deviation
0.70
   Return Density   
JavaScript chart by amCharts 3.21.15-1.67-1.24-0.82-0.40.00.360.781.211.632.06VARUpside 0.20.40.60.8
JavaScript chart by amCharts 3.21.15GOOGLE
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of DOVER 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.

DOVER 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 DOVER or Manufacturing 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 DOVER's price will be affected by overall bond 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 DOVER bond'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
-0.0058
β
Beta against Dow Jones0.01
σ
Overall volatility
0.16
Ir
Information ratio 0.03

DOVER Volatility Alert

DOVER P 315 exhibits relatively low volatility with skewness of -0.67 and kurtosis of 29.97. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure DOVER's bond risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact DOVER's bond 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.

DOVER Market Momentum

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

When is the right time to buy or sell DOVER P 315? Buying financial instruments such as DOVER Bond 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 DOVER 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 Baby Boomer Prospects Thematic Idea Now

Baby Boomer Prospects
Baby Boomer Prospects Theme
Equities with large market capitalization that account for significant contribution to overall economic growth especially within dividend-paying instruments and stocks from healthcare and financial sectors. The Baby Boomer Prospects theme has 73 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 Baby Boomer Prospects Theme or any other thematic opportunities.
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Other Information on Investing in DOVER Bond

DOVER financial ratios help investors to determine whether DOVER Bond 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 DOVER with respect to the benefits of owning DOVER security.