Eternit SA (Brazil) Buy Hold or Sell Recommendation
| ETER3 Stock | BRL 6.17 0.41 7.12% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Eternit SA is 'Hold'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Eternit SA given historical horizon and risk tolerance towards Eternit SA. When Macroaxis issues a 'buy' or 'sell' recommendation for Eternit SA, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Eternit SA 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 Eternit and provide practical buy, sell, or hold advice based on investors' constraints. Eternit SA. 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.
Eternit |
Execute Eternit SA Buy or Sell Advice
The Eternit recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Eternit SA. Macroaxis does not own or have any residual interests in Eternit SA or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Eternit SA's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Insignificant | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Eternit SA Trading Alerts and Improvement Suggestions
| Over 78.0% of the company shares are held by institutions such as insurance companies |
Eternit SA Returns Distribution Density
The distribution of Eternit SA's historical returns is an attempt to chart the uncertainty of Eternit SA's future price movements. The chart of the probability distribution of Eternit SA daily returns describes the distribution of returns around its average expected value. We use Eternit SA price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Eternit SA returns is essential to provide solid investment advice for Eternit SA.
| Mean Return | 0.12 | Value At Risk | -3.18 | Potential Upside | 4.10 | Standard Deviation | 2.47 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Eternit SA 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.
Eternit SA 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 Eternit SA or Construction Materials 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 Eternit SA'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 Eternit 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 | 0.02 | |
β | Beta against Dow Jones | 0.65 | |
σ | Overall volatility | 2.50 | |
Ir | Information ratio | -0.0088 |
Eternit SA Volatility Alert
Eternit SA currently demonstrates below-average downside deviation. It has Information Ratio of -0.01 and Jensen Alpha of 0.02. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Eternit SA'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 Eternit SA'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.Eternit SA Fundamentals Vs Peers
Comparing Eternit SA'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 Eternit SA's direct or indirect competition across all of the common fundamentals between Eternit SA and the related equities. This way, we can detect undervalued stocks with similar characteristics as Eternit SA or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Eternit SA's fundamental indicators could also be used in its relative valuation, which is a method of valuing Eternit SA by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Eternit SA to competition |
| Fundamentals | Eternit SA | Peer Average |
| Return On Equity | 0.29 | -0.31 |
| Return On Asset | 0.12 | -0.14 |
| Profit Margin | 0.15 % | (1.27) % |
| Operating Margin | 0.18 % | (5.51) % |
| Current Valuation | 673.13 M | 16.62 B |
| Shares Outstanding | 61.77 M | 571.82 M |
| Shares Owned By Insiders | 5.00 % | 10.09 % |
| Shares Owned By Institutions | 77.98 % | 39.21 % |
| Price To Earning | 7.53 X | 28.72 X |
| Price To Book | 0.98 X | 9.51 X |
| Price To Sales | 0.52 X | 11.42 X |
| Revenue | 1.12 B | 9.43 B |
| Gross Profit | 491.05 M | 27.38 B |
| EBITDA | 371 M | 3.9 B |
| Net Income | 269.38 M | 570.98 M |
| Cash And Equivalents | 212.79 M | 2.7 B |
| Cash Per Share | 1.57 X | 5.01 X |
| Total Debt | 34.7 M | 5.32 B |
| Debt To Equity | 0.35 % | 48.70 % |
| Current Ratio | 2.20 X | 2.16 X |
| Book Value Per Share | 10.68 X | 1.93 K |
| Cash Flow From Operations | 118.37 M | 971.22 M |
| Earnings Per Share | 2.93 X | 3.12 X |
| Target Price | 26.6 | |
| Number Of Employees | 1.65 K | 18.84 K |
| Beta | 1.55 | -0.15 |
| Market Capitalization | 826.44 M | 19.03 B |
| Total Asset | 1.01 B | 29.47 B |
| Retained Earnings | 148 M | 9.33 B |
| Working Capital | 197 M | 1.48 B |
| Current Asset | 367 M | 9.34 B |
| Current Liabilities | 170 M | 7.9 B |
| Z Score | 14.8 | 8.72 |
Eternit SA Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Eternit . 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 Eternit SA Buy or Sell Advice
When is the right time to buy or sell Eternit SA? Buying financial instruments such as Eternit 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 Eternit SA 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 Eternit Stock Analysis
When running Eternit SA's price analysis, check to measure Eternit SA'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 Eternit SA is operating at the current time. Most of Eternit SA's value examination focuses on studying past and present price action to predict the probability of Eternit SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eternit SA's price. Additionally, you may evaluate how the addition of Eternit SA to your portfolios can decrease your overall portfolio volatility.