EROAD (Australia) Buy Hold or Sell Recommendation
| ERD Stock | 0.87 0.01 1.16% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding EROAD is 'Strong Sell'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell EROAD given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for EROAD, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out EROAD 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 EROAD and provide practical buy, sell, or hold advice based on investors' constraints. EROAD. 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.
EROAD |
Execute EROAD Buy or Sell Advice
The EROAD recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on EROAD. Macroaxis does not own or have any residual interests in EROAD or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute EROAD's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Dangerous | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | About Average | Details | |
Economic Sensitivity | Almost neglects market trends | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
EROAD Trading Alerts and Improvement Suggestions
| EROAD has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 175 M. Net Loss for the year was (300 K) with profit before overhead, payroll, taxes, and interest of 46.1 M. | |
| About 26.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: EROAD Discloses CEOs Shareholding in Compliance with Financial Regulations - TipRanks |
EROAD Returns Distribution Density
The distribution of EROAD's historical returns is an attempt to chart the uncertainty of EROAD's future price movements. The chart of the probability distribution of EROAD daily returns describes the distribution of returns around its average expected value. We use EROAD price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of EROAD returns is essential to provide solid investment advice for EROAD.
| Mean Return | 0.08 | Value At Risk | -5 | Potential Upside | 5.68 | Standard Deviation | 2.85 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of EROAD 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.
EROAD Cash Flow Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change In Cash | 53.7M | (43.2M) | (5.8M) | 6.4M | 5.8M | 6.0M | |
| Free Cash Flow | (17.8M) | (53.3M) | (31.6M) | (600K) | (540K) | (567K) | |
| Depreciation | 8.6M | 11.2M | 20.8M | 52.5M | 60.4M | 63.4M | |
| Other Non Cash Items | 13.4M | 15.4M | 6.3M | (1.3M) | (1.5M) | (1.4M) | |
| Capital Expenditures | 17.8M | 53.3M | 55.7M | 53.5M | 61.5M | 64.6M | |
| Net Income | 2.5M | (9.6M) | (3M) | (300K) | (270K) | (283.5K) | |
| End Period Cash Flow | 57.1M | 13.9M | 8.1M | 14.5M | 16.7M | 18.9M | |
| Investments | (22.8M) | (134.6M) | (67.1M) | (57.4M) | (51.7M) | (54.2M) | |
| Net Borrowings | 7.3M | 100K | (2.4M) | (4.5M) | (4.1M) | (3.8M) |
EROAD 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 EROAD or Software 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 EROAD'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 EROAD 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 | 0.04 | |
β | Beta against Dow Jones | -0.21 | |
σ | Overall volatility | 2.90 | |
Ir | Information ratio | 0.06 |
EROAD Volatility Alert
EROAD shows above-average downside volatility for the selected time horizon. EROAD is a potential penny stock. Although EROAD may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in EROAD. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on EROAD 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.EROAD Fundamentals Vs Peers
Comparing EROAD'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 EROAD's direct or indirect competition across all of the common fundamentals between EROAD and the related equities. This way, we can detect undervalued stocks with similar characteristics as EROAD or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of EROAD's fundamental indicators could also be used in its relative valuation, which is a method of valuing EROAD by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare EROAD to competition |
| Fundamentals | EROAD | Peer Average |
| Return On Equity | -0.0013 | -0.31 |
| Return On Asset | 0.0044 | -0.14 |
| Profit Margin | (0) % | (1.27) % |
| Operating Margin | 0.03 % | (5.51) % |
| Current Valuation | 189.75 M | 16.62 B |
| Shares Outstanding | 187.16 M | 571.82 M |
| Shares Owned By Insiders | 26.29 % | 10.09 % |
| Shares Owned By Institutions | 32.26 % | 39.21 % |
| Price To Book | 0.57 X | 9.51 X |
| Price To Sales | 0.86 X | 11.42 X |
| Revenue | 175 M | 9.43 B |
| Gross Profit | 46.1 M | 27.38 B |
| EBITDA | 43 M | 3.9 B |
| Net Income | (300 K) | 570.98 M |
| Total Debt | 42.9 M | 5.32 B |
| Book Value Per Share | 1.67 X | 1.93 K |
| Cash Flow From Operations | 52.9 M | 971.22 M |
| Target Price | 1.4 | |
| Beta | 2.03 | -0.15 |
| Market Capitalization | 161.89 M | 19.03 B |
| Total Asset | 433.5 M | 29.47 B |
| Retained Earnings | (32.7 M) | 9.33 B |
| Working Capital | 6.6 M | 1.48 B |
| Net Asset | 433.5 M |
EROAD Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as EROAD . 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 | 1.01 | |||
| Day Median Price | 0.87 | |||
| Day Typical Price | 0.87 | |||
| Price Action Indicator | 0.005 | |||
| Period Momentum Indicator | 0.01 |
About EROAD Buy or Sell Advice
When is the right time to buy or sell EROAD? Buying financial instruments such as EROAD 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 EROAD 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 Consumption Thematic Idea Now
Consumption
Companies that deliver final goods such as cars or clothing for consumption by consumers. The Consumption theme has 19 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 Consumption Theme or any other thematic opportunities.
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Additional Tools for EROAD Stock Analysis
When running EROAD's price analysis, check to measure EROAD's 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 EROAD is operating at the current time. Most of EROAD's value examination focuses on studying past and present price action to predict the probability of EROAD's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EROAD's price. Additionally, you may evaluate how the addition of EROAD to your portfolios can decrease your overall portfolio volatility.