NZSE (New Zealand) Buy Hold or Sell Recommendation

NZ50
 Index
  

 11,006  113.92  1.02%   

Assuming the 90 days horizon and your typical level of risk aversion, our recommendation regarding NZSE is 'Strong Hold'. Macroaxis provides NZSE buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding NZSE positions. The advice algorithm takes into account all of NZSE's available fundamental, technical, and predictive indicators you will find on this site.
The advice is provided from NZSE's buy-and-hold perspective. Check out NZSE 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.

Execute NZSE Buy or Sell Advice

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

Time Horizon

Risk Tolerance

Execute Advice
Sell NZSEBuy NZSE
Strong Hold

Volatility

Details

Hype Condition

Details

Current Valuation

Details

Odds of Distress

Details

Economic Sensitivity

Details

Analyst Consensus

Not Available
Details
For the selected time horizon NZSE has a Risk Adjusted Performance of 0.0625, Total Risk Alpha of 0.0758 and Sortino Ratio of 0.1452
Macroaxis provides trade recommendations on NZSE to complement and cross-verify current analyst consensus on NZSE. Our advice engine determines the entity's potential to grow exclusively from the perspective of an investor's current risk tolerance and investing horizon. Please be advised to verify NZSE number of employees to validate our buy or sell recommendation.

NZSE Returns Distribution Density

The distribution of NZSE's historical returns is an attempt to chart the uncertainty of NZSE's future price movements. The chart of the probability distribution of NZSE stock daily returns describes the distribution of returns around its average expected value. We use NZSE price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of NZSE returns is essential to provide solid investment advice for NZSE.
Mean Return0.045Value At Risk-1.03
Potential Upside1.60Standard Deviation0.75
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of NZSE 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.

NZSE 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 NZSE or NZSE 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 NZSE'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 NZSE 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
0.00
β
Beta against DOW0.00
σ
Overall volatility
0.73
Ir
Information ratio 0.13

NZSE Volatility Alert

NZSE exhibits relatively low volatility with skewness of 0.49 and kurtosis of 0.6. However, we advice investors to further investigate NZSE to ensure all market statistics is disseminated and is consistent with investors' estimations about NZSE upside potential. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure NZSE'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 NZSE'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 stocks as prices fall.

NZSE Market Momentum

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

When is the right time to buy or sell NZSE? Buying financial instruments such as NZSE Index 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 NZSE 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.

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Monster Funds
Monster Funds Theme
Solid funds with above average long term performance indicators based on Macroaxis rating system. The Monster Funds theme has 37 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 Monster Funds Theme or any other thematic opportunities.
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Check out NZSE 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 that the NZSE information on this page should be used as a complementary analysis to other NZSE's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

Other Tools for NZSE Index

When running NZSE price analysis, check to measure NZSE's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NZSE is operating at the current time. Most of NZSE's value examination focuses on studying past and present price action to predict the probability of NZSE's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move NZSE's price. Additionally, you may evaluate how the addition of NZSE to your portfolios can decrease your overall portfolio volatility.
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