NEW MILLENNIUM (Germany) Buy Hold or Sell Recommendation
| 36N Stock | EUR 7.95 0.55 7.43% |
Assuming the 90 days trading horizon and your highly speculative risk level, our recommendation regarding NEW MILLENNIUM IRON is 'Buy'. Macroaxis provides NEW MILLENNIUM buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding 36N positions.
Check out NEW MILLENNIUM 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 companies such as NEW and provide practical buy, sell, or hold advice based on investors' constraints. NEW MILLENNIUM IRON. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
NEW |
Execute NEW MILLENNIUM Buy or Sell Advice
The NEW recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on NEW MILLENNIUM IRON. Macroaxis does not own or have any residual interests in NEW MILLENNIUM IRON or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute NEW MILLENNIUM's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Buy
Market Performance | Insignificant | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Quite High | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
NEW MILLENNIUM Trading Alerts and Improvement Suggestions
| NEW MILLENNIUM IRON has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (11.93 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| NEW MILLENNIUM generates negative cash flow from operations |
NEW MILLENNIUM Returns Distribution Density
The distribution of NEW MILLENNIUM's historical returns is an attempt to chart the uncertainty of NEW MILLENNIUM's future price movements. The chart of the probability distribution of NEW MILLENNIUM daily returns describes the distribution of returns around its average expected value. We use NEW MILLENNIUM IRON price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of NEW MILLENNIUM returns is essential to provide solid investment advice for NEW MILLENNIUM.
| Mean Return | 0.10 | Value At Risk | -3.51 | Potential Upside | 4.73 | Standard Deviation | 2.60 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of NEW MILLENNIUM 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.
NEW MILLENNIUM 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 NEW MILLENNIUM or Other 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 NEW MILLENNIUM'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 NEW 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 Jones | 0.08 | |
β | Beta against Dow Jones | 0.74 | |
σ | Overall volatility | 2.69 | |
Ir | Information ratio | 0.03 |
NEW MILLENNIUM Volatility Alert
NEW MILLENNIUM IRON currently demonstrates below-average downside deviation. It has Information Ratio of 0.03 and Jensen Alpha of 0.08. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure NEW MILLENNIUM's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact NEW MILLENNIUM's stock 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.NEW MILLENNIUM Fundamentals Vs Peers
Comparing NEW MILLENNIUM'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 NEW MILLENNIUM's direct or indirect competition across all of the common fundamentals between NEW MILLENNIUM and the related equities. This way, we can detect undervalued stocks with similar characteristics as NEW MILLENNIUM or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of NEW MILLENNIUM's fundamental indicators could also be used in its relative valuation, which is a method of valuing NEW MILLENNIUM by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare NEW MILLENNIUM to competition |
| Fundamentals | NEW MILLENNIUM | Peer Average |
| Current Valuation | 134.11 M | 16.62 B |
| Price To Book | 10.39 X | 9.51 X |
| EBITDA | (12.91 M) | 3.9 B |
| Net Income | (11.93 M) | 570.98 M |
| Cash Flow From Operations | (10.96 M) | 971.22 M |
| Number Of Employees | 25 | 18.84 K |
| Total Asset | 29.29 M | 29.47 B |
| Net Asset | 29.29 M |
NEW MILLENNIUM Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as NEW . 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.
About NEW MILLENNIUM Buy or Sell Advice
When is the right time to buy or sell NEW MILLENNIUM IRON? Buying financial instruments such as NEW Stock 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 NEW MILLENNIUM 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 Beer and Liquor Thematic Idea Now
Beer and Liquor
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Beer and Liquor theme has 32 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 Beer and Liquor Theme or any other thematic opportunities.
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Other Information on Investing in NEW Stock
NEW MILLENNIUM financial ratios help investors to determine whether NEW Stock 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 NEW with respect to the benefits of owning NEW MILLENNIUM security.