Evolve Active Global Etf Buy Hold or Sell Recommendation
| EARN Etf | CAD 47.87 0.04 0.08% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Evolve Active Global is 'Sell'. Macroaxis provides Evolve Active buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding EARN positions. The advice algorithm takes into account all of Evolve Active's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Evolve Active's buy or sell advice are summarized below:
Real Value 46.1 | Hype Value 47.87 | Market Value 47.87 | Naive Value 47.78 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Evolve Active Global given historical horizon and risk tolerance towards Evolve Active. When Macroaxis issues a 'buy' or 'sell' recommendation for Evolve Active Global, the advice is generated through an automated system that utilizes algorithms and statistical models.
Evolve |
Execute Evolve Active Buy or Sell Advice
The Evolve recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Evolve Active Global. Macroaxis does not own or have any residual interests in Evolve Active Global or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Evolve Active's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Sell
Market Performance | Insignificant | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Analyst Consensus | Not Available | Details |
Evolve Active Trading Alerts and Improvement Suggestions
| The fund retains about 31.42% of its assets under management (AUM) in fixed income securities |
Evolve Active Returns Distribution Density
The distribution of Evolve Active's historical returns is an attempt to chart the uncertainty of Evolve Active's future price movements. The chart of the probability distribution of Evolve Active daily returns describes the distribution of returns around its average expected value. We use Evolve Active Global price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Evolve Active returns is essential to provide solid investment advice for Evolve Active.
| Mean Return | 0.02 | Value At Risk | -0.48 | Potential Upside | 0.51 | Standard Deviation | 0.41 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Evolve 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.
Evolve 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 Evolve Active or Evolve Funds Group Inc. 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 Evolve Active'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 Evolve 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 | 0.01 | |
β | Beta against NYSE Composite | -0.05 | |
σ | Overall volatility | 0.42 | |
Ir | Information ratio | -0.15 |
Evolve Active Volatility Alert
Evolve Active Global exhibits very low volatility with skewness of 0.23 and kurtosis of 7.86. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Evolve Active'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 Evolve Active'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.Evolve Active Fundamentals Vs Peers
Comparing Evolve 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 Evolve Active's direct or indirect competition across all of the common fundamentals between Evolve Active and the related equities. This way, we can detect undervalued stocks with similar characteristics as Evolve Active or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of Evolve Active's fundamental indicators could also be used in its relative valuation, which is a method of valuing Evolve Active by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Evolve Active to competition |
| Fundamentals | Evolve Active | Peer Average |
| Beta | 0.24 | |
| One Year Return | 7.20 % | (0.97) % |
| Three Year Return | 1.60 % | 3.23 % |
| Five Year Return | 1.90 % | 1.12 % |
| Net Asset | 31.15 M | 2.29 B |
| Last Dividend Paid | 0.12 | 0.14 |
| Bond Positions Weight | 31.42 % | 8.16 % |
Evolve Active Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Evolve . 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 Power | 9.2 T | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 47.87 | |||
| Day Typical Price | 47.87 | |||
| Price Action Indicator | 0.02 | |||
| Period Momentum Indicator | 0.04 |
About Evolve Active Buy or Sell Advice
When is the right time to buy or sell Evolve Active Global? Buying financial instruments such as Evolve Etf 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 Evolve 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?
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Sector ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Sector ETFs theme has 421 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 Sector ETFs Theme or any other thematic opportunities.
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Check out Evolve 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. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.