ETFMG Etf Buy Hold or Sell Recommendation

HACK -  USA Etf  

USD 45.79  0.91  1.95%

Given the investment horizon of 90 days and your conservative attitude towards risk, our recommendation regarding ETFMG Prime Cyber is 'Strong Sell'. Macroaxis provides ETFMG Prime buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding HACK positions. The advice algorithm takes into account all of ETFMG Prime's available fundamental, technical, and predictive indicators you will find on this site.
  
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The advice is provided from ETFMG Prime's buy-and-hold perspective. Please check ETFMG Prime 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 ETFMG and provide practical buy, sell, or hold recommendation based on selected investing horizon and risk tolerance towards ETFMG Prime Cyber.

Execute ETFMG Prime Buy or Sell Advice

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

Time Horizon

Risk Tolerance

Execute Advice
Sell ETFMG PrimeBuy ETFMG Prime
Strong Sell

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds of Distress

Below AverageDetails

Economic Sensitivity

Responds to the marketDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon ETFMG Prime Cyber has a Mean Deviation of 1.76, Standard Deviation of 2.17 and Variance of 4.72
ETFMG Prime advice module can be used to check and cross-verify current investment recommendation provided by analysts examining the etf's potential to grow using all of fundamental, technical, data market data available today. Please use ETFMG Prime one year return, as well as the relationship between the net asset and bond positions weight to make buy, hold, or sell decision on ETFMG Prime Cyber.

ETFMG Prime Trading Alerts and Improvement Suggestions

ETFMG Prime Cyber generated a negative expected return over the last 90 days
The fund retains 94.83% of its assets under management (AUM) in equities

ETFMG Prime Returns Distribution Density

The distribution of ETFMG Prime's historical returns is an attempt to chart the future uncertainty of ETFMG Prime's future price movements. The chart of the probability distribution of ETFMG Prime stock daily returns describes the distribution of returns around its average expected value. We use ETFMG Prime Cyber price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of ETFMG Prime returns is essential to provide solid investment advice for ETFMG Prime stock.
Mean Return-0.21Value At Risk-3.8
Potential Upside2.84Standard Deviation2.17
 Return Density 
      Distribution 
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of ETFMG Prime 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.

ETFMG Prime 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 ETFMG Prime or ETFMG 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 ETFMG Prime 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 ETFMG 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
-0.11
β
Beta against DOW1.10
σ
Overall volatility
2.05
Ir
Information ratio -0.06

ETFMG Prime Volatility Alert

ETFMG Prime Cyber exhibits very low volatility with skewness of -0.05 and kurtosis of 0.28. However, we advise investors to further study ETFMG Prime Cyber 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 ETFMG Prime's etf risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact ETFMG Prime's 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.

ETFMG Prime Implied Volatility

ETFMG Prime's implied volatility exposes the market's sentiment of ETFMG Prime Cyber stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if ETFMG Prime's 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 ETFMG Prime stock will not fluctuate a lot when ETFMG Prime's options are near their expiration.

ETFMG Prime Fundamentals Vs Peers

Comparing ETFMG Prime'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 ETFMG Prime's direct or indirect competition across all of the common fundamentals between ETFMG Prime and the related equities. This way, we can detect undervalued stocks with similar characteristics as ETFMG Prime or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of ETFMG Prime's fundamental indicators could also be used in its relative valuation, which is a method of valuing ETFMG Prime by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare ETFMG Prime to competition
FundamentalsETFMG PrimePeer Average
Price to Earning31.02 X3.15 X
Price to Book3.40 X0.39 X
Price to Sales2.58 X0.33 X
One Year Return(19.30) %(0.97) %
Three Year Return4.99 %3.23 %
Five Year Return9.33 %1.12 %
Net Asset1.89 B2.29 B
Last Dividend Paid0.020.14
Equity Positions Weight94.83 %52.82 %
Bond Positions Weight0.30 %8.16 %

About ETFMG Prime Buy or Sell Advice

When is the right time to buy or sell ETFMG Prime Cyber? Buying financial instruments such as ETFMG 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 ETFMG Prime 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 ETFMG Prime 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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Biotech
Biotech Theme
Companies specialized in biotechnology production and delivery of pharmaceuticals services. The Biotech theme has 30 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 Biotech Theme or any other thematic opportunities.
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Please check ETFMG Prime 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 ETFMG Prime Cyber information on this page should be used as a complementary analysis to other ETFMG Prime'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 Fund Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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