GOODHAVEN Mutual Fund Buy Hold or Sell Recommendation

GOODX
 Fund
  

USD 32.70  0.02  0.06%   

Assuming the 90 days horizon and your highly speculative risk level, our recommendation regarding GOODHAVEN FUND GOODHAVEN is 'Buy'. Macroaxis provides GOODHAVEN FUND buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding GOODX positions. The advice algorithm takes into account all of GOODHAVEN FUND's available fundamental, technical, and predictive indicators you will find on this site.
  
The advice is provided from GOODHAVEN FUND's buy-and-hold perspective. Please check GOODHAVEN FUND 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 GOODHAVEN and provide practical buy, sell, or hold recommendation based on selected investing horizon and risk tolerance towards GOODHAVEN FUND GOODHAVEN.

Execute GOODHAVEN FUND Buy or Sell Advice

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

Time Horizon

Risk Tolerance

Execute Advice
Sell GOODHAVEN FUNDBuy GOODHAVEN FUND
Buy

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 GOODHAVEN FUND GOODHAVEN has a Risk Adjusted Performance of 0.0697, Jensen Alpha of (0.003202), Total Risk Alpha of (0.006293), Sortino Ratio of (0.00093461) and Treynor Ratio of 0.0624
Our investment recommendation module can be used to complement GOODHAVEN FUND GOODHAVEN trade recommendations provided by average analyst sentiment. It analyzes the entity's potential to grow using fundamental, technical, data market data available now. Use GOODHAVEN FUND three year return and equity positions weight to ensure your buy or sell decision on GOODHAVEN FUND GOODHAVEN is adequate.

GOODHAVEN FUND Trading Alerts and Improvement Suggestions

GOODHAVEN FUND GOODHAVEN generated five year return of -2.0%
This fund retains about 10.78% of its assets under management (AUM) in cash

GOODHAVEN FUND Returns Distribution Density

The distribution of GOODHAVEN FUND's historical returns is an attempt to chart the uncertainty of GOODHAVEN FUND's future price movements. The chart of the probability distribution of GOODHAVEN FUND stock daily returns describes the distribution of returns around its average expected value. We use GOODHAVEN FUND GOODHAVEN price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of GOODHAVEN FUND returns is essential to provide solid investment advice for GOODHAVEN FUND.
Mean Return0.07Value At Risk-2.09
Potential Upside2.37Standard Deviation1.61
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of GOODHAVEN FUND 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.

GOODHAVEN FUND 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 GOODHAVEN FUND or GoodHaven 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 GOODHAVEN FUND's price will be affected by overall mutual fund 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 GOODHAVEN fund'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 NYSE Composite
-0.0032
β
Beta against NYSE Composite1.03
σ
Overall volatility
1.62
Ir
Information ratio -0.0008

GOODHAVEN FUND Volatility Alert

GOODHAVEN FUND GOODHAVEN has relatively low volatility with skewness of 0.63 and kurtosis of 1.6. However, we advise all investors to independently investigate GOODHAVEN FUND GOODHAVEN to ensure all accessible information is consistent with the expectations about its upside potential and future expected returns. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure GOODHAVEN FUND's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact GOODHAVEN FUND's mutual fund 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.

GOODHAVEN FUND Fundamentals Vs Peers

Comparing GOODHAVEN FUND'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 GOODHAVEN FUND's direct or indirect competition across all of the common fundamentals between GOODHAVEN FUND and the related equities. This way, we can detect undervalued stocks with similar characteristics as GOODHAVEN FUND or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of GOODHAVEN FUND's fundamental indicators could also be used in its relative valuation, which is a method of valuing GOODHAVEN FUND by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare GOODHAVEN FUND to competition
FundamentalsGOODHAVEN FUNDPeer Average
Price to Earning20.18 X6.53 X
Price to Book0.98 X0.74 X
Price to Sales0.65 X0.61 X
One Year Return(4.11) %4.15 %
Three Year Return(1.67) %3.60 %
Five Year Return(1.71) %3.24 %
Net Asset111.37 M4.11 B
Minimum Initial Investment10 K976.16 K
Last Dividend Paid0.120.65
Cash Position Weight10.78 %10.61 %
Equity Positions Weight87.11 %63.90 %

GOODHAVEN FUND Market Momentum

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

When is the right time to buy or sell GOODHAVEN FUND GOODHAVEN? Buying financial instruments such as GOODHAVEN Mutual Fund 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 GOODHAVEN FUND 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 Banks Thematic Idea Now

Banks
Banks Theme
Large and small money and credit banks and credit services. The Banks 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 Banks Theme or any other thematic opportunities.
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Please check GOODHAVEN FUND 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 GOODHAVEN FUND GOODHAVEN information on this page should be used as a complementary analysis to other GOODHAVEN FUND'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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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When running GOODHAVEN FUND GOODHAVEN price analysis, check to measure GOODHAVEN FUND'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 GOODHAVEN FUND is operating at the current time. Most of GOODHAVEN FUND's value examination focuses on studying past and present price action to predict the probability of GOODHAVEN FUND's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move GOODHAVEN FUND's price. Additionally, you may evaluate how the addition of GOODHAVEN FUND to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between GOODHAVEN FUND's value and its price as these two are different measures arrived at by different means. Investors typically determine GOODHAVEN FUND value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GOODHAVEN FUND'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.