WIG 30 (Poland) Buy Hold or Sell Recommendation
| WIG30 Index | 2,822 4.08 0.14% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding WIG 30 is 'Hold'. The recommendation algorithm takes into account all of WIG 30'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 index could be closely tied with the direction of predictive economic indicators such as signals in board of governors. Also, note that the market value of any index could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Execute WIG 30 Buy or Sell Advice
The WIG recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on WIG 30. Macroaxis does not own or have any residual interests in WIG 30 or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute WIG 30's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Economic Sensitivity | Ignores market trends | Details |
WIG 30 Trading Alerts and Improvement Suggestions
| WIG 30 generated a negative expected return over the last 90 days |
WIG 30 Returns Distribution Density
The distribution of WIG 30's historical returns is an attempt to chart the uncertainty of WIG 30's future price movements. The chart of the probability distribution of WIG 30 daily returns describes the distribution of returns around its average expected value. We use WIG 30 price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of WIG 30 returns is essential to provide solid investment advice for WIG 30.
| Mean Return | -0.09 | Value At Risk | -2.26 | Potential Upside | 1.89 | Standard Deviation | 1.26 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of WIG 30 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.
WIG 30 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 WIG 30 or WIG 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 WIG 30's price will be affected by overall index 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 WIG index'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 | 0.00 | |
β | Beta against Dow Jones | 0.00 | |
σ | Overall volatility | 1.30 | |
Ir | Information ratio | -0.18 |
WIG 30 Volatility Alert
WIG 30 exhibits very low volatility with skewness of -0.11 and kurtosis of -0.42. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure WIG 30's index risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact WIG 30's index 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.WIG 30 Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as WIG . 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 | 261672.0 | |||
| Daily Balance Of Power | (0.09) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 2827.3 | |||
| Day Typical Price | 2825.44 | |||
| Price Action Indicator | (7.61) | |||
| Period Momentum Indicator | (4.08) |
Use Investing Ideas to Build Portfolios
In addition to having WIG 30 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 Outsourcing Thematic Idea Now
Outsourcing
Companies involved in providing outsourcing and staffing services to business across different domains. The Outsourcing theme has 32 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 Outsourcing Theme or any other thematic opportunities.
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