WEMA BANK (Nigeria) Buy Hold or Sell Recommendation
| WEMABANK | 8.75 0.15 1.69% |
Assuming the 90 days trading horizon and your way above-average risk tolerance, our recommendation regarding WEMA BANK PLC is 'Strong Sell'. The recommendation algorithm takes into account all of WEMA BANK's available fundamental, technical, and predictive indicators you will find on this site.
Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. In addition, we conduct extensive research on individual companies such as WEMA and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards WEMA BANK PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
WEMA |
Execute WEMA BANK Buy or Sell Advice
The WEMA recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on WEMA BANK PLC. Macroaxis does not own or have any residual interests in WEMA BANK PLC or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute WEMA BANK's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Good | Details | |
Volatility | Slightly risky | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Economic Sensitivity | Moves slightly opposite to the market | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
WEMA BANK thematic classifications
 | BanksAll money banks and credit services |
WEMA BANK Returns Distribution Density
The distribution of WEMA BANK's historical returns is an attempt to chart the uncertainty of WEMA BANK's future price movements. The chart of the probability distribution of WEMA BANK daily returns describes the distribution of returns around its average expected value. We use WEMA BANK PLC price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of WEMA BANK returns is essential to provide solid investment advice for WEMA BANK.
| Mean Return | 0.52 | Value At Risk | -5 | Potential Upside | 6.76 | Standard Deviation | 2.96 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of WEMA BANK 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.
WEMA BANK 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 WEMA BANK or Banks 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 WEMA BANK's price will be affected by overall stock 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 WEMA stock'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 | 0.59 | |
β | Beta against Dow Jones | -0.69 | |
σ | Overall volatility | 2.96 | |
Ir | Information ratio | 0.13 |
WEMA BANK Volatility Alert
WEMA BANK PLC shows above-average downside volatility for the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure WEMA BANK's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact WEMA BANK's stock 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.WEMA BANK Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as WEMA . 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.
| Accumulation Distribution | 247634.0 | |||
| Daily Balance Of Power | (0.33) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 8.73 | |||
| Day Typical Price | 8.73 | |||
| Price Action Indicator | (0.05) | |||
| Period Momentum Indicator | (0.15) |
Use Investing Ideas to Build Portfolios
In addition to having WEMA BANK 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 Compulsion Thematic Idea Now
Compulsion
Companies involved in research, development, and manufacturing of products with compulsion characteristics such as cigarettes, addictive drugs and alcohol. The Compulsion theme has 40 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 Compulsion Theme or any other thematic opportunities.
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