Deepak Nitrite (India) Buy Hold or Sell Recommendation
| DEEPAKNTR | 2,680 57.20 2.09% |
Assuming the 90 days trading horizon and your conservative risk appetite, our recommendation regarding Deepak Nitrite Limited is 'Strong Sell'. The recommendation algorithm takes into account all of Deepak Nitrite's available fundamental, technical, and predictive indicators you will find on this site.
Check out Deepak Nitrite 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 Deepak and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Deepak Nitrite 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 nation.
Deepak |
Execute Deepak Nitrite Buy or Sell Advice
The Deepak recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Deepak Nitrite Limited. Macroaxis does not own or have any residual interests in Deepak Nitrite Limited or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Deepak Nitrite's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Deepak Nitrite Trading Alerts and Improvement Suggestions
| Deepak Nitrite generated a negative expected return over the last 90 days | |
| Deepak Nitrite is unlikely to experience financial distress in the next 2 years | |
| About 50.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Volumes soar at HEG Ltd counter - Business Standard |
Deepak Nitrite Returns Distribution Density
The distribution of Deepak Nitrite's historical returns is an attempt to chart the uncertainty of Deepak Nitrite's future price movements. The chart of the probability distribution of Deepak Nitrite daily returns describes the distribution of returns around its average expected value. We use Deepak Nitrite Limited price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Deepak Nitrite returns is essential to provide solid investment advice for Deepak Nitrite.
| Mean Return | -0.12 | Value At Risk | -4.36 | Potential Upside | 3.18 | Standard Deviation | 2.18 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Deepak Nitrite 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.
Deepak Nitrite Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 161.8M | 118.2M | (2.0B) | (3.1B) | 1.3B | 1.4B | |
| Change In Cash | (8.2M) | 67.5M | 139.6M | 147.9M | 2.0B | 2.1B | |
| Free Cash Flow | 3.5B | 7.9B | 6.4B | 2.9B | 1.1B | 682.3M | |
| Depreciation | 1.4B | 1.5B | 1.8B | 1.7B | 1.7B | 1.7B | |
| Other Non Cash Items | (703M) | (1.5B) | (3.2B) | (2.5B) | (265.2M) | (278.5M) | |
| Dividends Paid | 1.1B | 3.8M | 750.2M | 954.8M | 1.0B | 1.1B | |
| Capital Expenditures | 4.2B | 2.1B | 1.9B | 3.6B | 7.7B | 8.1B | |
| Net Income | 8.1B | 10.4B | 14.3B | 11.5B | 8.1B | 8.5B | |
| End Period Cash Flow | 21.4M | 88.9M | 228.5M | 376.4M | 2.4B | 2.5B | |
| Investments | 3.3M | (1.9B) | (2.4B) | (2.8B) | (7.2B) | (6.9B) | |
| Net Borrowings | 2.0B | (1.1B) | (5.2B) | (2.8B) | (2.5B) | (2.4B) | |
| Change To Netincome | 1.2B | 1.2B | 1.1B | 438.2M | 503.9M | 761.5M |
Deepak Nitrite 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 Deepak Nitrite 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 Deepak Nitrite'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 Deepak 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 | -0.15 | |
β | Beta against Dow Jones | 0.22 | |
σ | Overall volatility | 2.26 | |
Ir | Information ratio | -0.11 |
Deepak Nitrite Volatility Alert
Deepak Nitrite Limited exhibits very low volatility with skewness of 0.19 and kurtosis of 0.65. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Deepak Nitrite'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 Deepak Nitrite'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.Deepak Nitrite Fundamentals Vs Peers
Comparing Deepak Nitrite'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 Deepak Nitrite's direct or indirect competition across all of the common fundamentals between Deepak Nitrite and the related equities. This way, we can detect undervalued stocks with similar characteristics as Deepak Nitrite or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Deepak Nitrite's fundamental indicators could also be used in its relative valuation, which is a method of valuing Deepak Nitrite by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Deepak Nitrite to competition |
| Fundamentals | Deepak Nitrite | Peer Average |
| Return On Equity | 0.18 | -0.31 |
| Return On Asset | 0.11 | -0.14 |
| Profit Margin | 0.10 % | (1.27) % |
| Operating Margin | 0.13 % | (5.51) % |
| Current Valuation | 372.47 B | 16.62 B |
| Shares Outstanding | 136.39 M | 571.82 M |
| Shares Owned By Insiders | 49.74 % | 10.09 % |
| Shares Owned By Institutions | 35.61 % | 39.21 % |
| Price To Book | 7.34 X | 9.51 X |
| Price To Sales | 4.47 X | 11.42 X |
| Revenue | 76.82 B | 9.43 B |
| Gross Profit | 20.16 B | 27.38 B |
| EBITDA | 12.82 B | 3.9 B |
| Net Income | 8.11 B | 570.98 M |
| Cash And Equivalents | 140.1 M | 2.7 B |
| Total Debt | 2.86 B | 5.32 B |
| Book Value Per Share | 373.13 X | 1.93 K |
| Cash Flow From Operations | 8.78 B | 971.22 M |
| Earnings Per Share | 61.09 X | 3.12 X |
| Target Price | 2664.44 | |
| Number Of Employees | 1.72 K | 18.84 K |
| Beta | 0.54 | -0.15 |
| Market Capitalization | 372.56 B | 19.03 B |
| Total Asset | 60.96 B | 29.47 B |
| Retained Earnings | 42.35 B | 9.33 B |
| Working Capital | 20.57 B | 1.48 B |
| Annual Yield | 0 % | |
| Net Asset | 60.96 B |
Deepak Nitrite Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Deepak . 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 | 4672.04 | |||
| Daily Balance Of Power | (0.81) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 2701.58 | |||
| Day Typical Price | 2694.25 | |||
| Market Facilitation Index | 4.0E-4 | |||
| Price Action Indicator | (50.58) | |||
| Period Momentum Indicator | (57.20) |
About Deepak Nitrite Buy or Sell Advice
When is the right time to buy or sell Deepak Nitrite Limited? Buying financial instruments such as Deepak 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 Deepak Nitrite 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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An experimental equal-weighted index theme of selected equities generated based on Macroaxis rating and scoring system. The Macroaxis Index theme has 52 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 Macroaxis Index Theme or any other thematic opportunities.
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Other Information on Investing in Deepak Stock
Deepak Nitrite financial ratios help investors to determine whether Deepak 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 Deepak with respect to the benefits of owning Deepak Nitrite security.