Newgen Software (India) Buy Hold or Sell Recommendation
| NEWGEN Stock | 1,130 12.55 1.10% |
Assuming the 90 days trading horizon and your typical level of risk aversion, our recommendation regarding Newgen Software Technologies is 'Strong Sell'. Macroaxis provides Newgen Software buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding NEWGEN positions.
Check out Newgen Software 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 Newgen and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Newgen Software Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Newgen |
Execute Newgen Software Buy or Sell Advice
The Newgen recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Newgen Software Technologies. Macroaxis does not own or have any residual interests in Newgen Software Technologies or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Newgen Software's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Insignificant | Details | |
Volatility | Very steady | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Newgen Software Trading Alerts and Improvement Suggestions
| Newgen Software Tech had very high historical volatility over the last 90 days | |
| Newgen Software Tech is unlikely to experience financial distress in the next 2 years | |
| About 64.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Newgen Software Technologies sees 6.86 percent stock price growth, outperforms sector by 3.21 percent - MarketsMojo |
Newgen Software Returns Distribution Density
The distribution of Newgen Software's historical returns is an attempt to chart the uncertainty of Newgen Software's future price movements. The chart of the probability distribution of Newgen Software daily returns describes the distribution of returns around its average expected value. We use Newgen Software Technologies price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Newgen Software returns is essential to provide solid investment advice for Newgen Software.
| Mean Return | 0.20 | Value At Risk | -5.19 | Potential Upside | 5.58 | Standard Deviation | 3.57 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Newgen Software 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.
Newgen Software Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (43.5M) | 49.0M | (148.6M) | (47.4M) | (42.7M) | (40.5M) | |
| Change In Cash | (576.4M) | (283.6M) | 318.6M | 44.5M | 165.5M | 173.8M | |
| Free Cash Flow | 462.6M | 2.0B | 1.3B | 1.2B | 2.7B | 2.8B | |
| Depreciation | 199.1M | 201.0M | 176.3M | 246.7M | 279.7M | 293.7M | |
| Other Non Cash Items | (16.8M) | (65.5M) | (135.9M) | (173.8M) | (141.2M) | (134.2M) | |
| Dividends Paid | 251.7M | 139.9M | 244.5M | 314.8M | 349.6M | 178.8M | |
| Capital Expenditures | 437.9M | 117.1M | 126.9M | 167.7M | 138.1M | 221.0M | |
| Net Income | 947.4M | 1.8B | 2.0B | 2.2B | 2.5B | 1.3B | |
| End Period Cash Flow | 1.0B | 717.5M | 1.0B | 1.1B | 1.2B | 848.4M | |
| Investments | (669.0M) | (1.4B) | (805.9M) | (943.0M) | (2.2B) | (2.1B) | |
| Net Borrowings | 155.7M | (198.9M) | (889.9M) | (133.0M) | (119.7M) | (125.6M) | |
| Change To Netincome | 192.2M | 63.3M | 460.0M | 80.9M | 93.0M | 121.8M |
Newgen Software 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 Newgen Software 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 Newgen Software'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 Newgen 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 | 0.08 | |
β | Beta against Dow Jones | 0.93 | |
σ | Overall volatility | 3.59 | |
Ir | Information ratio | 0.02 |
Newgen Software Volatility Alert
Newgen Software Technologies shows above-average downside volatility for the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Newgen Software'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 Newgen Software'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.Newgen Software Fundamentals Vs Peers
Comparing Newgen Software'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 Newgen Software's direct or indirect competition across all of the common fundamentals between Newgen Software and the related equities. This way, we can detect undervalued stocks with similar characteristics as Newgen Software or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Newgen Software's fundamental indicators could also be used in its relative valuation, which is a method of valuing Newgen Software by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Newgen Software to competition |
| Fundamentals | Newgen Software | Peer Average |
| Return On Equity | 0.25 | -0.31 |
| Return On Asset | 0.12 | -0.14 |
| Profit Margin | 0.21 % | (1.27) % |
| Operating Margin | 0.21 % | (5.51) % |
| Current Valuation | 150.17 B | 16.62 B |
| Shares Outstanding | 139.92 M | 571.82 M |
| Shares Owned By Insiders | 64.10 % | 10.09 % |
| Shares Owned By Institutions | 11.51 % | 39.21 % |
| Price To Book | 12.31 X | 9.51 X |
| Price To Sales | 11.52 X | 11.42 X |
| Revenue | 12.44 B | 9.43 B |
| Gross Profit | 4.58 B | 27.38 B |
| EBITDA | 3.36 B | 3.9 B |
| Net Income | 2.52 B | 570.98 M |
| Cash And Equivalents | 61.51 M | 2.7 B |
| Total Debt | 485.07 M | 5.32 B |
| Book Value Per Share | 92.89 X | 1.93 K |
| Cash Flow From Operations | 2.81 B | 971.22 M |
| Earnings Per Share | 20.22 X | 3.12 X |
| Target Price | 1421.0 | |
| Number Of Employees | 3.89 K | 18.84 K |
| Beta | 1.25 | -0.15 |
| Market Capitalization | 158.4 B | 19.03 B |
| Total Asset | 16.86 B | 29.47 B |
| Retained Earnings | 9.66 B | 9.33 B |
| Working Capital | 9.26 B | 1.48 B |
| Annual Yield | 0 % | |
| Net Asset | 16.86 B |
Newgen Software Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Newgen . 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 | 11504.79 | |||
| Daily Balance Of Power | (0.28) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 1130.95 | |||
| Day Typical Price | 1130.65 | |||
| Market Facilitation Index | 2.0E-4 | |||
| Price Action Indicator | (7.18) | |||
| Period Momentum Indicator | (12.55) |
About Newgen Software Buy or Sell Advice
When is the right time to buy or sell Newgen Software Technologies? Buying financial instruments such as Newgen 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 Newgen Software 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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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 Global Macro ETFs Theme or any other thematic opportunities.
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Other Information on Investing in Newgen Stock
Newgen Software financial ratios help investors to determine whether Newgen 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 Newgen with respect to the benefits of owning Newgen Software security.