Kensington Mutual Fund Buy Hold or Sell Recommendation

KADAX
 Fund
  

USD 9.38  0.01  0.11%   

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

Execute Kensington Active Buy or Sell Advice

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

Time Horizon

Risk Tolerance

Execute Advice
Sell Kensington ActiveBuy Kensington Active
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 Kensington Active Advantage has a Risk Adjusted Performance of (0.06), Jensen Alpha of (0.036075), Total Risk Alpha of 0.0272 and Treynor Ratio of 1.94
We provide investment recommendation to complement the last-minute expert consensus on Kensington Active Advantage. Our dynamic recommendation engine harnesses a multidimensional algorithm to analyze the entity's potential to grow using all technical and fundamental data available at the time. Please verify Kensington Active Advantage number of employees to decide if your Kensington Active Advantage buy or sell deciscion is justified.

Kensington Active Trading Alerts and Improvement Suggestions

Kensington Active generated a negative expected return over the last 90 days
Kensington Active is unlikely to experience financial distress in the next 2 years
The fund maintains about 98.88% of its assets in cash

Kensington Active Returns Distribution Density

The distribution of Kensington Active's historical returns is an attempt to chart the uncertainty of Kensington Active's future price movements. The chart of the probability distribution of Kensington Active stock daily returns describes the distribution of returns around its average expected value. We use Kensington Active Advantage price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Kensington Active returns is essential to provide solid investment advice for Kensington Active.
Mean Return-0.02Value At Risk-1.09
Potential Upside1.00Standard Deviation0.58
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Kensington Active 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.

Kensington Active 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 Kensington Active or Kensington Funds 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 Kensington Active'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 Kensington 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 DOW
-0.04
β
Beta against DOW-0.02
σ
Overall volatility
0.59
Ir
Information ratio 0.15

Kensington Active Volatility Alert

Kensington Active Advantage exhibits very low volatility with skewness of -0.33 and kurtosis of 1.96. However, we advise investors to further study Kensington Active Advantage 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 Kensington Active'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 Kensington Active'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.

Kensington Active Fundamentals Vs Peers

Comparing Kensington Active'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 Kensington Active's direct or indirect competition across all of the common fundamentals between Kensington Active and the related equities. This way, we can detect undervalued stocks with similar characteristics as Kensington Active or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Kensington Active's fundamental indicators could also be used in its relative valuation, which is a method of valuing Kensington Active by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Kensington Active to competition
FundamentalsKensington ActivePeer Average
Net Asset377.63 K4.11 B
Cash Position Weight98.88 %10.61 %
Equity Positions Weight1.12 %63.90 %

About Kensington Active Buy or Sell Advice

When is the right time to buy or sell Kensington Active Advantage? Buying financial instruments such as Kensington 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 Kensington Active 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 Small Value Thematic Idea Now

Small Value
Small Value Theme
Funds or Etfs that invest in the undervalued stocks of small to mid-sized companies. The Small Value 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 Small Value Theme or any other thematic opportunities.
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Please see Kensington Active 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 Kensington Active information on this page should be used as a complementary analysis to other Kensington Active'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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

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