DY6 Metals (Australia) Buy Hold or Sell Recommendation
| DY6 Stock | 0.04 0.01 17.65% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding DY6 Metals is 'Strong Sell'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell DY6 Metals given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for DY6 Metals, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out DY6 Metals 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 DY6 and provide practical buy, sell, or hold advice based on investors' constraints. DY6 Metals. 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.
DY6 |
Execute DY6 Metals Buy or Sell Advice
The DY6 recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on DY6 Metals. Macroaxis does not own or have any residual interests in DY6 Metals or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute DY6 Metals' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Out of control | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Quite High | Details | |
Economic Sensitivity | Moves totally opposite to the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
DY6 Metals Trading Alerts and Improvement Suggestions
| DY6 Metals generated a negative expected return over the last 90 days | |
| DY6 Metals has high historical volatility and very poor performance | |
| DY6 Metals has some characteristics of a very speculative penny stock | |
| DY6 Metals has high likelihood to experience some financial distress in the next 2 years | |
| About 66.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: DY6 Metals Ltd Releases Half-Year Financial Report - TipRanks |
DY6 Metals Returns Distribution Density
The distribution of DY6 Metals' historical returns is an attempt to chart the uncertainty of DY6 Metals' future price movements. The chart of the probability distribution of DY6 Metals daily returns describes the distribution of returns around its average expected value. We use DY6 Metals price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of DY6 Metals returns is essential to provide solid investment advice for DY6 Metals.
| Mean Return | -0.13 | Value At Risk | -8.89 | Potential Upside | 7.14 | Standard Deviation | 5.74 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of DY6 Metals 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.
DY6 Metals 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 DY6 Metals or Metals & Mining 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 DY6 Metals' 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 DY6 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 | -0.23 | |
β | Beta against Dow Jones | -0.82 | |
σ | Overall volatility | 5.92 | |
Ir | Information ratio | -0.0048 |
DY6 Metals Volatility Alert
DY6 Metals exhibits very low volatility with skewness of 2.8 and kurtosis of 14.97. DY6 Metals is a penny stock. Although DY6 Metals may be in fact a good investment, many penny stocks are subject to artificial price hype. Make sure you completely understand the upside potential and downside risk of investing in DY6 Metals. We encourage investors to look for signals such as message board hypes, claims of breakthroughs, email spams, sudden volume upswings, and other similar hype indicators. We also encourage traders to check biographies and work history of company officers before investing in instruments with high volatility. You can indeed make money on DY6 instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.DY6 Metals Fundamentals Vs Peers
Comparing DY6 Metals' 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 DY6 Metals' direct or indirect competition across all of the common fundamentals between DY6 Metals and the related equities. This way, we can detect undervalued stocks with similar characteristics as DY6 Metals or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of DY6 Metals' fundamental indicators could also be used in its relative valuation, which is a method of valuing DY6 Metals by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare DY6 Metals to competition |
| Fundamentals | DY6 Metals | Peer Average |
| Return On Equity | -0.19 | -0.31 |
| Return On Asset | -0.11 | -0.14 |
| Current Valuation | (246.81 K) | 16.62 B |
| Shares Outstanding | 58.5 M | 571.82 M |
| Shares Owned By Insiders | 65.79 % | 10.09 % |
| Price To Book | 0.32 X | 9.51 X |
| Price To Sales | 209.21 X | 11.42 X |
| Revenue | 14.46 K | 9.43 B |
| Gross Profit | (66.98 K) | 27.38 B |
| EBITDA | (1.5 M) | 3.9 B |
| Book Value Per Share | 0.12 X | 1.93 K |
| Earnings Per Share | (0.03) X | 3.12 X |
| Market Capitalization | 2.34 M | 19.03 B |
DY6 Metals Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as DY6 . 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 | 1.18 | |||
| Day Median Price | 0.04 | |||
| Day Typical Price | 0.04 | |||
| Price Action Indicator | 0.003 | |||
| Period Momentum Indicator | 0.006 | |||
| Relative Strength Index | 53.31 |
About DY6 Metals Buy or Sell Advice
When is the right time to buy or sell DY6 Metals? Buying financial instruments such as DY6 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 DY6 Metals 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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Additional Tools for DY6 Stock Analysis
When running DY6 Metals' price analysis, check to measure DY6 Metals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy DY6 Metals is operating at the current time. Most of DY6 Metals' value examination focuses on studying past and present price action to predict the probability of DY6 Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DY6 Metals' price. Additionally, you may evaluate how the addition of DY6 Metals to your portfolios can decrease your overall portfolio volatility.