Wealthsimple Shariah World Etf Buy Hold or Sell Recommendation
| WSHR Etf | 32.16 0.06 0.19% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Wealthsimple Shariah World is 'Strong Sell'. Macroaxis provides Wealthsimple Shariah buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding WSHR positions.
Check out Wealthsimple Shariah 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, we conduct extensive research on individual funds such as Wealthsimple and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Wealthsimple Shariah World. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state.
Wealthsimple |
Execute Wealthsimple Shariah Buy or Sell Advice
The Wealthsimple recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Wealthsimple Shariah World. Macroaxis does not own or have any residual interests in Wealthsimple Shariah World or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Wealthsimple Shariah's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Weak | 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 |
Wealthsimple Shariah Returns Distribution Density
The distribution of Wealthsimple Shariah's historical returns is an attempt to chart the uncertainty of Wealthsimple Shariah's future price movements. The chart of the probability distribution of Wealthsimple Shariah daily returns describes the distribution of returns around its average expected value. We use Wealthsimple Shariah World price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Wealthsimple Shariah returns is essential to provide solid investment advice for Wealthsimple Shariah.
| Mean Return | 0.01 | Value At Risk | -1.14 | Potential Upside | 1.22 | Standard Deviation | 0.78 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Wealthsimple Shariah 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.
Wealthsimple Shariah 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 Wealthsimple Shariah or Global Equity 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 Wealthsimple Shariah'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 Wealthsimple 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 Dow Jones | 0 | |
β | Beta against Dow Jones | -0.03 | |
σ | Overall volatility | 0.78 | |
Ir | Information ratio | -0.08 |
Wealthsimple Shariah Volatility Alert
Wealthsimple Shariah World has low volatility with Treynor Ratio of -0.1, Maximum Drawdown of 4.05 and kurtosis of 0.54. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Wealthsimple Shariah'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 Wealthsimple Shariah'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.Wealthsimple Shariah Fundamentals Vs Peers
Comparing Wealthsimple Shariah'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 Wealthsimple Shariah's direct or indirect competition across all of the common fundamentals between Wealthsimple Shariah and the related equities. This way, we can detect undervalued stocks with similar characteristics as Wealthsimple Shariah or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of Wealthsimple Shariah's fundamental indicators could also be used in its relative valuation, which is a method of valuing Wealthsimple Shariah by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Wealthsimple Shariah to competition |
| Fundamentals | Wealthsimple Shariah | Peer Average |
| Beta | 0.68 | |
| One Year Return | 2.60 % | (0.97) % |
| Three Year Return | 8.80 % | 3.23 % |
Wealthsimple Shariah Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Wealthsimple . 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.
| Accumulation Distribution | 263.07 | |||
| Daily Balance Of Power | (0.38) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 32.24 | |||
| Day Typical Price | 32.21 | |||
| Price Action Indicator | (0.11) | |||
| Period Momentum Indicator | (0.06) |
About Wealthsimple Shariah Buy or Sell Advice
When is the right time to buy or sell Wealthsimple Shariah World? Buying financial instruments such as Wealthsimple 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.
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In addition to having Wealthsimple Shariah 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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Other Information on Investing in Wealthsimple Etf
Wealthsimple Shariah financial ratios help investors to determine whether Wealthsimple Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Wealthsimple with respect to the benefits of owning Wealthsimple Shariah security.