Etracs 2x Leveraged Etf Buy Hold or Sell Recommendation
| USML Etf | USD 43.43 0.39 0.91% |
Given the investment horizon of 90 days and your conservative risk appetite, our recommendation regarding ETRACS 2x Leveraged is 'Strong Sell'. The recommendation algorithm takes into account all of ETRACS 2x's available fundamental, technical, and predictive indicators you will find on this site.
Check out ETRACS 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 ETRACS and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards ETRACS 2x Leveraged. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population.
ETRACS |
Execute ETRACS 2x Buy or Sell Advice
The ETRACS recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on ETRACS 2x Leveraged. Macroaxis does not own or have any residual interests in ETRACS 2x Leveraged or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute ETRACS 2x's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
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Strong Sell
ETRACS 2x Trading Alerts and Improvement Suggestions
| The fund keeps all of the net assets in exotic instruments |
ETRACS 2x Returns Distribution Density
The distribution of ETRACS 2x's historical returns is an attempt to chart the uncertainty of ETRACS 2x's future price movements. The chart of the probability distribution of ETRACS 2x daily returns describes the distribution of returns around its average expected value. We use ETRACS 2x Leveraged price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of ETRACS 2x returns is essential to provide solid investment advice for ETRACS 2x.
| Mean Return | 0.13 | Value At Risk | -1.78 | Potential Upside | 1.73 | Standard Deviation | 1.13 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of ETRACS 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.
ETRACS 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 ETRACS 2x or UBS 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 ETRACS 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 ETRACS 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 | -0.03 | |
β | Beta against Dow Jones | 1.25 | |
σ | Overall volatility | 1.14 | |
Ir | Information ratio | 0 |
ETRACS 2x Volatility Alert
ETRACS 2x Leveraged has relatively low volatility with skewness of 0.33 and kurtosis of 0.85. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure ETRACS 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 ETRACS 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.ETRACS 2x Fundamentals Vs Peers
Comparing ETRACS 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 ETRACS 2x's direct or indirect competition across all of the common fundamentals between ETRACS 2x and the related equities. This way, we can detect undervalued stocks with similar characteristics as ETRACS 2x or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of ETRACS 2x's fundamental indicators could also be used in its relative valuation, which is a method of valuing ETRACS 2x by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare ETRACS 2x to competition |
| Fundamentals | ETRACS 2x | Peer Average |
| Beta | 1.43 | |
| One Year Return | 43.70 % | (0.97) % |
| Three Year Return | 8.80 % | 3.23 % |
| Net Asset | 36.02 M | 2.29 B |
ETRACS 2x Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as ETRACS . 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 | 1.01 | |||
| Day Median Price | 43.43 | |||
| Day Typical Price | 43.43 | |||
| Price Action Indicator | 0.2 | |||
| Period Momentum Indicator | 0.39 | |||
| Relative Strength Index | 62.98 |
About ETRACS 2x Buy or Sell Advice
When is the right time to buy or sell ETRACS 2x Leveraged? Buying financial instruments such as ETRACS 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 ETRACS 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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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 ESG Investing Theme or any other thematic opportunities.
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Check out ETRACS 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 Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
The market value of ETRACS 2x Leveraged is measured differently than its book value, which is the value of ETRACS that is recorded on the company's balance sheet. Investors also form their own opinion of ETRACS 2x's value that differs from its market value or its book value, called intrinsic value, which is ETRACS 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 ETRACS 2x's market value can be influenced by many factors that don't directly affect ETRACS 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 ETRACS 2x's value and its price as these two are different measures arrived at by different means. Investors typically determine if ETRACS 2x is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ETRACS 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.