Coromandel International (India) Buy Hold or Sell Recommendation
| COROMANDEL | 1,798 35.95 2.04% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Coromandel International Limited is 'Hold'. The recommendation algorithm takes into account all of Coromandel International's available fundamental, technical, and predictive indicators you will find on this site.
Check out Coromandel International 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. In addition, we conduct extensive research on individual companies such as Coromandel and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Coromandel International Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
Coromandel |
Execute Coromandel International Buy or Sell Advice
The Coromandel recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Coromandel International Limited. Macroaxis does not own or have any residual interests in Coromandel International Limited or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Coromandel International's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Coromandel International Trading Alerts and Improvement Suggestions
| Coromandel International is unlikely to experience financial distress in the next 2 years | |
| About 60.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Bulls Favour Adani Ports Expert Predicts 1200 Target Buy Call For Coromandel International - Business Today |
Coromandel International Returns Distribution Density
The distribution of Coromandel International's historical returns is an attempt to chart the uncertainty of Coromandel International's future price movements. The chart of the probability distribution of Coromandel International daily returns describes the distribution of returns around its average expected value. We use Coromandel International Limited price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Coromandel International returns is essential to provide solid investment advice for Coromandel International.
| Mean Return | 0.02 | Value At Risk | -3.66 | Potential Upside | 4.05 | Standard Deviation | 2.08 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Coromandel International 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.
Coromandel International Cash Flow Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change To Inventory | 1.1B | (10.6B) | (7.5B) | (1.9B) | (1.7B) | (1.8B) | |
| Change In Cash | 6.4B | 139.1M | 6.9B | (2.7B) | (3.1B) | (2.9B) | |
| Free Cash Flow | 39.6B | 18.0B | (142.7M) | 9.0B | 10.4B | 7.4B | |
| Depreciation | 1.7B | 1.7B | 1.8B | 2.3B | 2.6B | 2.8B | |
| Other Non Cash Items | 637.6M | (270.2M) | 308.9M | (918.2M) | (1.1B) | (1.0B) | |
| Dividends Paid | 5.3B | 3.5B | 3.5B | 1.9B | 2.1B | 2.0B | |
| Capital Expenditures | 2.0B | 2.8B | 6.1B | 5.3B | 6.1B | 6.4B | |
| Net Income | 17.9B | 20.5B | 27.0B | 16.4B | 18.9B | 10.3B | |
| End Period Cash Flow | 6.9B | 7.1B | 13.9B | 11.2B | 12.9B | 13.6B | |
| Investments | 4M | (16.2B) | 6.4B | (13.3B) | (12.0B) | (11.4B) | |
| Net Borrowings | 2.3B | (13.7B) | (16.4B) | (605.1M) | (544.6M) | (571.8M) | |
| Change To Netincome | 1.5B | 3.3B | (469M) | 53M | 47.7M | 45.3M |
Coromandel International 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 Coromandel International or Chemicals 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 Coromandel International'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 Coromandel 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 | 0.06 | |
β | Beta against Dow Jones | 0.42 | |
σ | Overall volatility | 2.14 | |
Ir | Information ratio | 0.07 |
Coromandel International Volatility Alert
Coromandel International Limited currently demonstrates below-average downside deviation. It has Information Ratio of 0.07 and Jensen Alpha of 0.06. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Coromandel International'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 Coromandel International'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.Coromandel International Fundamentals Vs Peers
Comparing Coromandel International'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 Coromandel International's direct or indirect competition across all of the common fundamentals between Coromandel International and the related equities. This way, we can detect undervalued stocks with similar characteristics as Coromandel International or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Coromandel International's fundamental indicators could also be used in its relative valuation, which is a method of valuing Coromandel International by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Coromandel International to competition |
| Fundamentals | Coromandel International | Peer Average |
| Return On Equity | 0.14 | -0.31 |
| Return On Asset | 0.0756 | -0.14 |
| Profit Margin | 0.07 % | (1.27) % |
| Operating Margin | 0.09 % | (5.51) % |
| Current Valuation | 487.26 B | 16.62 B |
| Shares Outstanding | 294.41 M | 571.82 M |
| Shares Owned By Insiders | 60.05 % | 10.09 % |
| Shares Owned By Institutions | 24.09 % | 39.21 % |
| Price To Book | 5.11 X | 9.51 X |
| Price To Sales | 2.30 X | 11.42 X |
| Revenue | 220.58 B | 9.43 B |
| Gross Profit | 57.41 B | 27.38 B |
| EBITDA | 25.93 B | 3.9 B |
| Net Income | 16.42 B | 570.98 M |
| Total Debt | 4.92 B | 5.32 B |
| Book Value Per Share | 345.16 X | 1.93 K |
| Cash Flow From Operations | 14.28 B | 971.22 M |
| Earnings Per Share | 55.85 X | 3.12 X |
| Target Price | 2050.25 | |
| Number Of Employees | 5.34 K | 18.84 K |
| Beta | 0.4 | -0.15 |
| Market Capitalization | 529.46 B | 19.03 B |
| Total Asset | 158.51 B | 29.47 B |
| Retained Earnings | 67.99 B | 9.33 B |
| Working Capital | 62.59 B | 1.48 B |
| Annual Yield | 0.01 % | |
| Net Asset | 158.51 B |
Coromandel International Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Coromandel . 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 | 23714.93 | |||
| Daily Balance Of Power | 0.5426 | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 1771.88 | |||
| Day Typical Price | 1780.48 | |||
| Market Facilitation Index | 1.0E-4 | |||
| Price Action Indicator | 43.8 | |||
| Period Momentum Indicator | 35.95 |
About Coromandel International Buy or Sell Advice
When is the right time to buy or sell Coromandel International Limited? Buying financial instruments such as Coromandel 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 Coromandel International 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 Services Thematic Idea Now
Services
Companies involved in delivering services to business or consumers across different industries and sectors. The Services theme has 30 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 Services Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Coromandel Stock
Coromandel International financial ratios help investors to determine whether Coromandel 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 Coromandel with respect to the benefits of owning Coromandel International security.