IdeaForge Technology (India) Buy Hold or Sell Recommendation
| IDEAFORGE | 385.70 10.65 2.69% |
Assuming the 90 days trading horizon and your complete indifference towards market risk, our recommendation regarding ideaForge Technology Limited is 'Hold'. A buy or sell recommendation provided by Macroaxis is an automated analysis based on historical performance and your stated risk tolerance. It serves as guidance on whether to purchase or sell ideaForge Technology Limited within the specified time frame.
Check out IdeaForge Technology 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 IdeaForge and provide practical buy, sell, or hold advice based on investors' constraints. ideaForge Technology 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 census.
IdeaForge |
Execute IdeaForge Technology Buy or Sell Advice
The IdeaForge recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on ideaForge Technology Limited. Macroaxis does not own or have any residual interests in ideaForge Technology Limited or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute IdeaForge Technology'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 | Over hyped | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
IdeaForge Technology Trading Alerts and Improvement Suggestions
| ideaForge Technology generated a negative expected return over the last 90 days | |
| About 54.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: ideaForge Strengthens its Global Reach and RD Capabilities with Strategic Investment and Partnership with Vantage Robotics - Morningstar |
IdeaForge Technology Returns Distribution Density
The distribution of IdeaForge Technology's historical returns is an attempt to chart the uncertainty of IdeaForge Technology's future price movements. The chart of the probability distribution of IdeaForge Technology daily returns describes the distribution of returns around its average expected value. We use ideaForge Technology Limited price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of IdeaForge Technology returns is essential to provide solid investment advice for IdeaForge Technology.
| Mean Return | -0.55 | Value At Risk | -5.26 | Potential Upside | 4.20 | Standard Deviation | 2.60 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of IdeaForge Technology 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.
IdeaForge Technology Cash Flow Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change To Inventory | (125.7M) | (254.9M) | (557.7M) | 64.0M | 57.6M | 60.5M | |
| Change In Cash | 51.7M | 251.6M | (259.1M) | 1.6B | 1.9B | 2.0B | |
| Free Cash Flow | (397.9M) | 530.4M | (863.3M) | 90.0M | 103.5M | 108.7M | |
| Depreciation | 35.8M | 72.8M | 118.6M | 211.7M | 243.5M | 255.7M | |
| Other Non Cash Items | 5.5M | 161.4M | (2.2M) | (210.8M) | (189.8M) | (180.3M) | |
| Capital Expenditures | 89.8M | 134.8M | 331.0M | 670.3M | 770.9M | 809.4M | |
| Net Income | (145.0M) | 501.8M | 408.0M | 452.7M | 520.6M | 546.6M | |
| End Period Cash Flow | 52.6M | 304.2M | 45.0M | 1.7B | 1.9B | 2.0B |
IdeaForge Technology 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 IdeaForge Technology or Electronic Equipment, Instruments & Components 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 IdeaForge Technology'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 IdeaForge 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 | -0.56 | |
β | Beta against Dow Jones | -0.14 | |
σ | Overall volatility | 2.67 | |
Ir | Information ratio | -0.21 |
IdeaForge Technology Volatility Alert
ideaForge Technology Limited exhibits very low volatility with skewness of 0.14 and kurtosis of 0.31. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure IdeaForge Technology'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 IdeaForge Technology'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.IdeaForge Technology Fundamentals Vs Peers
Comparing IdeaForge Technology'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 IdeaForge Technology's direct or indirect competition across all of the common fundamentals between IdeaForge Technology and the related equities. This way, we can detect undervalued stocks with similar characteristics as IdeaForge Technology or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of IdeaForge Technology's fundamental indicators could also be used in its relative valuation, which is a method of valuing IdeaForge Technology by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare IdeaForge Technology to competition |
| Fundamentals | IdeaForge Technology | Peer Average |
| Return On Equity | 0.0202 | -0.31 |
| Return On Asset | -0.0035 | -0.14 |
| Profit Margin | 0.04 % | (1.27) % |
| Operating Margin | (0.62) % | (5.51) % |
| Current Valuation | 13.67 B | 16.62 B |
| Shares Outstanding | 43.03 M | 571.82 M |
| Shares Owned By Insiders | 53.71 % | 10.09 % |
| Shares Owned By Institutions | 5.89 % | 39.21 % |
| Price To Book | 2.54 X | 9.51 X |
| Price To Sales | 6.77 X | 11.42 X |
| Revenue | 3.14 B | 9.43 B |
| Gross Profit | 1.27 B | 27.38 B |
| EBITDA | 868.08 M | 3.9 B |
| Net Income | 452.68 M | 570.98 M |
| Total Debt | 144.91 M | 5.32 B |
| Book Value Per Share | 151.32 X | 1.93 K |
| Cash Flow From Operations | 760.35 M | 971.22 M |
| Earnings Per Share | 3.01 X | 3.12 X |
| Number Of Employees | 413 | 18.84 K |
| Market Capitalization | 24.8 B | 19.03 B |
| Total Asset | 7.43 B | 29.47 B |
| Retained Earnings | 822.28 M | 9.33 B |
| Net Asset | 7.43 B |
IdeaForge Technology Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as IdeaForge . 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 | 0.0415 | |||
| Daily Balance Of Power | (0.64) | |||
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 393.33 | |||
| Day Typical Price | 390.78 | |||
| Market Facilitation Index | 16.65 | |||
| Price Action Indicator | (12.95) | |||
| Period Momentum Indicator | (10.65) | |||
| Relative Strength Index | 32.43 |
About IdeaForge Technology Buy or Sell Advice
When is the right time to buy or sell ideaForge Technology Limited? Buying financial instruments such as IdeaForge 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 IdeaForge Technology 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 Commodities Funds Thematic Idea Now
Commodities Funds
Funds or Etfs investing in commodities such as oil, gold, corn, soy, and agricultural goods. The Commodities Funds theme has 41 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 Commodities Funds Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for IdeaForge Stock Analysis
When running IdeaForge Technology's price analysis, check to measure IdeaForge Technology'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 IdeaForge Technology is operating at the current time. Most of IdeaForge Technology's value examination focuses on studying past and present price action to predict the probability of IdeaForge Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IdeaForge Technology's price. Additionally, you may evaluate how the addition of IdeaForge Technology to your portfolios can decrease your overall portfolio volatility.