ALTERNATIVE Mutual Fund Buy Hold or Sell Recommendation

JAAAX
 Fund
  

USD 14.92  0.11  0.73%   

Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding ALTERNATIVE ASSET ALLOCATION is 'Hold'. Macroaxis provides ALTERNATIVE ASSET buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding JAAAX positions. The advice algorithm takes into account all of ALTERNATIVE ASSET's available fundamental, technical, and predictive indicators you will find on this site.
  
The advice is provided from ALTERNATIVE ASSET's buy-and-hold perspective. Please see ALTERNATIVE ASSET 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 ALTERNATIVE and provide practical buy, sell, or hold recommendation based on selected investing horizon and risk tolerance towards ALTERNATIVE ASSET ALLOCATION.

Execute ALTERNATIVE ASSET Buy or Sell Advice

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

Time Horizon

Risk Tolerance

Execute Advice
Sell ALTERNATIVE ASSETBuy ALTERNATIVE ASSET
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 ALTERNATIVE ASSET ALLOCATION has a Risk Adjusted Performance of (0.034957), Jensen Alpha of (0.026476), Total Risk Alpha of (0.02788) and Treynor Ratio of (0.049123)
Our trade advice tool can cross-verify current analyst consensus on ALTERNATIVE ASSET and to analyze the fund potential to grow next year. Use ALTERNATIVE ASSET price to earning, one year return, as well as the relationship between the One Year Return and last dividend paid to ensure your buy or sell decision on ALTERNATIVE ASSET is adequate.

ALTERNATIVE ASSET Trading Alerts and Improvement Suggestions

ALTERNATIVE ASSET is unlikely to experience financial distress in the next 2 years
Latest headline from news.google.com: Home Depot Stock Is A Buy Despite Recessionary Concerns - Seeking Alpha
The fund retains about 34.27% of its assets under management (AUM) in cash

ALTERNATIVE ASSET Returns Distribution Density

The distribution of ALTERNATIVE ASSET's historical returns is an attempt to chart the uncertainty of ALTERNATIVE ASSET's future price movements. The chart of the probability distribution of ALTERNATIVE ASSET stock daily returns describes the distribution of returns around its average expected value. We use ALTERNATIVE ASSET ALLOCATION price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of ALTERNATIVE ASSET returns is essential to provide solid investment advice for ALTERNATIVE ASSET.
Mean Return-0.0013Value At Risk-0.47
Potential Upside0.62Standard Deviation0.37
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of ALTERNATIVE ASSET 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.

ALTERNATIVE ASSET 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 ALTERNATIVE ASSET or John Hancock 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 ALTERNATIVE ASSET'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 ALTERNATIVE 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
-0.03
β
Beta against NYSE Composite0.23
σ
Overall volatility
0.38
Ir
Information ratio -0.21

ALTERNATIVE ASSET Volatility Alert

ALTERNATIVE ASSET ALLOCATION exhibits very low volatility with skewness of 0.2 and kurtosis of 1.4. However, we advise investors to further study ALTERNATIVE ASSET ALLOCATION technical indicators to ensure that 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 ALTERNATIVE ASSET'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 ALTERNATIVE ASSET'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.

ALTERNATIVE ASSET Fundamentals Vs Peers

Comparing ALTERNATIVE ASSET'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 ALTERNATIVE ASSET's direct or indirect competition across all of the common fundamentals between ALTERNATIVE ASSET and the related equities. This way, we can detect undervalued stocks with similar characteristics as ALTERNATIVE ASSET or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of ALTERNATIVE ASSET's fundamental indicators could also be used in its relative valuation, which is a method of valuing ALTERNATIVE ASSET by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare ALTERNATIVE ASSET to competition
FundamentalsALTERNATIVE ASSETPeer Average
Price to Earning19.00 X6.53 X
Price to Book2.11 X0.74 X
Price to Sales1.68 X0.61 X
One Year Return1.85 %4.15 %
Three Year Return1.31 %3.60 %
Five Year Return1.35 %3.24 %
Ten Year Return3.33 %1.79 %
Net Asset564.61 M4.11 B
Last Dividend Paid0.060.65
Cash Position Weight34.27 %10.61 %
Equity Positions Weight48.01 %63.90 %
Bond Positions Weight(0.01) %11.24 %

About ALTERNATIVE ASSET Buy or Sell Advice

When is the right time to buy or sell ALTERNATIVE ASSET ALLOCATION? Buying financial instruments such as ALTERNATIVE 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 ALTERNATIVE ASSET 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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Israel Wall Street
Israel Wall Street Theme
Cross-sector collection of best publicly traded Israel entities that are expected to continue growing. The Israel Wall Street theme has 34 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 Israel Wall Street Theme or any other thematic opportunities.
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Please see ALTERNATIVE ASSET 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 ALTERNATIVE ASSET information on this page should be used as a complementary analysis to other ALTERNATIVE ASSET'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 Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.

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Please note, there is a significant difference between ALTERNATIVE ASSET's value and its price as these two are different measures arrived at by different means. Investors typically determine ALTERNATIVE ASSET value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ALTERNATIVE ASSET'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.