Cathay FTSE (Taiwan) Buy Hold or Sell Recommendation

00636K Etf   6.32  0.02  0.32%   
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Cathay FTSE China is 'Not Rated'. Macroaxis provides Cathay FTSE buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding 00636K positions. The advice algorithm takes into account all of Cathay FTSE's available fundamental, technical, and predictive indicators you will find on this site.
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Cathay FTSE China given historical horizon and risk tolerance towards Cathay FTSE. When Macroaxis issues a 'buy' or 'sell' recommendation for Cathay FTSE China, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
In addition, we conduct extensive research on individual funds such as Cathay and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Cathay FTSE China. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

Execute Cathay FTSE Buy or Sell Advice

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

Time Horizon

Risk Tolerance

Execute Advice
Sell Cathay FTSEBuy Cathay FTSE
Cautious Hold

Market Performance

InsignificantDetails

Volatility

Out of controlDetails

Hype Condition

Under hypedDetails

Current Valuation

UndervaluedDetails

Economic Sensitivity

Slowly supersedes the marketDetails
For the selected time horizon Cathay FTSE China has a Mean Deviation of 0.848, Semi Deviation of 0.8879, Standard Deviation of 1.19, Variance of 1.42, Downside Variance of 1.21 and Semi Variance of 0.7884

Cathay FTSE Returns Distribution Density

The distribution of Cathay FTSE's historical returns is an attempt to chart the uncertainty of Cathay FTSE's future price movements. The chart of the probability distribution of Cathay FTSE daily returns describes the distribution of returns around its average expected value. We use Cathay FTSE China price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Cathay FTSE returns is essential to provide solid investment advice for Cathay FTSE.
Mean Return
0.07
Value At Risk
-1.73
Potential Upside
2.64
Standard Deviation
1.19
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Cathay FTSE 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.

Cathay FTSE 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 Cathay FTSE or Cathay 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 Cathay FTSE's price will be affected by overall etf 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 Cathay etf'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
0.04
β
Beta against NYSE Composite0.20
σ
Overall volatility
1.19
Ir
Information ratio -0.05

Cathay FTSE Volatility Alert

Cathay FTSE China has relatively low volatility with skewness of 1.11 and kurtosis of 2.79. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Cathay FTSE's etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Cathay FTSE'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 financial instruments as prices fall.

Cathay FTSE Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Cathay . 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.

Use Investing Ideas to Build Portfolios

In addition to having Cathay FTSE 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 Business Services Thematic Idea Now

Business Services
Business Services Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Business Services theme has 61 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 Business Services Theme or any other thematic opportunities.
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Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Cathay FTSE China information on this page should be used as a complementary analysis to other Cathay FTSE'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 the AI Investment Finder module to use AI to screen and filter profitable investment opportunities.

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When running Cathay FTSE's price analysis, check to measure Cathay FTSE'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 Cathay FTSE is operating at the current time. Most of Cathay FTSE's value examination focuses on studying past and present price action to predict the probability of Cathay FTSE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cathay FTSE's price. Additionally, you may evaluate how the addition of Cathay FTSE to your portfolios can decrease your overall portfolio volatility.
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