ETF Series Etf Buy Hold or Sell Recommendation

OCIO
 Etf
  

USD 28.48  0.15  0.53%   

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

Execute ETF Series Buy or Sell Advice

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

Time Horizon

Risk Tolerance

Execute Advice
Sell ETF SeriesBuy ETF Series
Buy

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 ETF Series Trust has a Risk Adjusted Performance of (0.23), Jensen Alpha of (0.039156), Total Risk Alpha of (0.030217) and Treynor Ratio of (0.26)
Our investment recommendation module complements current analysts and expert consensus on ETF Series. It analyzes the entity potential to grow using all fundamental, technical, and market related data available today. Please use ETF Series three year return to make buy, hold, or sell decision on ETF Series Trust.

ETF Series Trading Alerts and Improvement Suggestions

ETF Series Trust generated a negative expected return over the last 90 days

ETF Series Returns Distribution Density

The distribution of ETF Series' historical returns is an attempt to chart the future uncertainty of ETF Series' future price movements. The chart of the probability distribution of ETF Series stock daily returns describes the distribution of returns around its average expected value. We use ETF Series Trust price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of ETF Series returns is essential to provide solid investment advice for ETF Series stock.
Mean Return-0.15Value At Risk-2.04
Potential Upside1.24Standard Deviation0.93
 Return Density 
      Distribution 
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of ETF Series 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.

ETF Series Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as ETF Series is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading ETF Series Trust backward and forwards among themselves. ETF Series' institutional investor refers to the entity that pools money to purchase ETF Series' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Envestnet Asset Management IncFund Units177.6 K5.6 M
Note, although ETF Series' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

ETF Series 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 ETF Series or ClearShares 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 ETF Series 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 ETF Series 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 DOW0.61
σ
Overall volatility
0.94
Ir
Information ratio 0.0395

ETF Series Volatility Alert

ETF Series Trust exhibits very low volatility with skewness of -0.41 and kurtosis of -0.11. However, we advise investors to further study ETF Series Trust 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 ETF Series' etf risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact ETF Series' 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.

ETF Series Implied Volatility

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

ETF Series Fundamentals Vs Peers

Comparing ETF Series' 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 ETF Series' direct or indirect competition across all of the common fundamentals between ETF Series and the related equities. This way, we can detect undervalued stocks with similar characteristics as ETF Series or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of ETF Series' fundamental indicators could also be used in its relative valuation, which is a method of valuing ETF Series by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare ETF Series to competition
FundamentalsETF SeriesPeer Average
One Year Return(6.73) %(0.97) %
Three Year Return6.05 %3.23 %
Net Asset126.12 M2.29 B
Last Dividend Paid0.0770.14
Equity Positions Weight68.13 %52.82 %
Bond Positions Weight1.18 %8.16 %

ETF Series Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as ETF Series . 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.
Daily Balance Of Power9223.4 B
Rate Of Daily Change1.01
Day Median Price28.48
Day Typical Price28.48
Price Action Indicator0.075

About ETF Series Buy or Sell Advice

When is the right time to buy or sell ETF Series Trust? Buying financial instruments such as ETF Series 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 ETF Series 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 ETF Series 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 Large Blend Thematic Idea Now

Large Blend
Large Blend Theme
Fund or Etfs that invest in stocks of large organizations that have characteristics of both growth and value companies. The Large Blend 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 Large Blend Theme or any other thematic opportunities.
View All  Next Launch Large Blend
Please check ETF Series 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 ETF Series Trust information on this page should be used as a complementary analysis to other ETF Series' 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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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