GX Funds Etf Buy Hold or Sell Recommendation

DJIA
 Etf
  

USD 22.72  0.03  0.13%   

Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding GX Funds Gx is 'Strong Hold'. Macroaxis provides GX Funds buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding GX Funds positions. The advice algorithm takes into account all of GX Funds' available fundamental, technical, and predictive indicators you will find on this site.
  
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The advice is provided from GX Funds' buy-and-hold perspective. Continue to GX Funds 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. We conduct extensive research on individual funds such as GX Funds and provide practical buy, sell, or hold recommendation based on selected investing horizon and risk tolerance towards GX Funds Gx.

Execute GX Funds Buy or Sell Advice

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

Time Horizon

Risk Tolerance

Execute Advice
Sell GX FundsBuy GX Funds
Strong Hold

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds of Distress

Below AverageDetails

Economic Sensitivity

Follows the market closelyDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon GX Funds Gx has a Risk Adjusted Performance of (0.21), Jensen Alpha of (0.04321), Total Risk Alpha of (0.020158) and Treynor Ratio of (0.27)
Our advice module complements current analysts and expert consensus on GX Funds Gx. It analyzes the etf potential to grow using all fundamental, technical, and market related data available at this moment. Please check out GX Funds Gx total asset and equity positions weight to decide if your GX Funds Gx buy or sell deciscion is justified.

GX Funds Trading Alerts and Improvement Suggestions

GX Funds Gx generated a negative expected return over the last 90 days
The fund retains 99.94% of its assets under management (AUM) in equities

GX Funds Returns Distribution Density

The distribution of GX Funds' historical returns is an attempt to chart the future uncertainty of GX Funds' future price movements. The chart of the probability distribution of GX Funds stock daily returns describes the distribution of returns around its average expected value. We use GX Funds Gx price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of GX Funds returns is essential to provide solid investment advice for GX Funds stock.
Mean Return-0.14Value At Risk-2.14
Potential Upside1.14Standard Deviation0.96
 Return Density 
      Distribution 
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of GX Funds 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.

GX Funds 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 GX Funds or Global X 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 GX Funds stock'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 GX Funds 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
-0.04
β
Beta against DOW0.56
σ
Overall volatility
1.01
Ir
Information ratio 0.0442

GX Funds Volatility Alert

GX Funds Gx exhibits very low volatility with skewness of -1.1 and kurtosis of 2.71. However, we advise investors to further study GX Funds Gx technical indicators to make sure all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure GX Funds' etf risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact GX Funds' 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 stocks as prices fall.

GX Funds Implied Volatility

GX Funds' implied volatility exposes the market's sentiment of GX Funds Gx stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if GX Funds' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that GX Funds stock will not fluctuate a lot when GX Funds' options are near their expiration.

GX Funds Fundamentals Vs Peers

Comparing GX Funds' 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 GX Funds' direct or indirect competition across all of the common fundamentals between GX Funds and the related equities. This way, we can detect undervalued stocks with similar characteristics as GX Funds or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of GX Funds' fundamental indicators could also be used in its relative valuation, which is a method of valuing GX Funds by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare GX Funds to competition
FundamentalsGX FundsPeer Average
Net Asset10.95 M2.29 B
Equity Positions Weight99.94 %52.82 %

GX Funds Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as GX Funds . 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 Distribution202.28
Daily Balance Of Power(0.15)
Rate Of Daily Change1.0
Day Median Price22.74
Day Typical Price22.73
Market Facilitation Index0.0
Price Action Indicator(0.035)

About GX Funds Buy or Sell Advice

When is the right time to buy or sell GX Funds Gx? Buying financial instruments such as GX Funds Etf isn't very hard. However, what challenging for most investors is doing it at the right time to beat the stock 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. Although GX Funds investors may find it confusing at the beginning, 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 GX Funds 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 Convertibles Thematic Idea Now

Convertibles
Convertibles Theme
Funds or Etfs that invest in debt that is expected to be converted into a predetermined amount of the company equity at some future date. The Convertibles theme has 40 constituents.
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 Convertibles Theme or any other thematic opportunities.
View All  Next Launch Convertibles
Continue to GX Funds 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 GX Funds Gx information on this page should be used as a complementary analysis to other GX Funds' 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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

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The market value of GX Funds Gx is measured differently than its book value, which is the value of GX Funds that is recorded on the company's balance sheet. Investors also form their own opinion of GX Funds' value that differs from its market value or its book value, called intrinsic value, which is GX Funds' 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 GX Funds' market value can be influenced by many factors that don't directly affect GX Funds' 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 GX Funds' value and its price as these two are different measures arrived at by different means. Investors typically determine GX Funds value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GX Funds' 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.