NMDC Steel (India) Buy Hold or Sell Recommendation
| NSLNISP Stock | 45.97 0.02 0.04% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding NMDC Steel Limited is 'Cautious Hold'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell NMDC Steel Limited given historical horizon and risk tolerance towards NMDC Steel. When Macroaxis issues a 'buy' or 'sell' recommendation for NMDC Steel Limited, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out NMDC Steel 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 NMDC and provide practical buy, sell, or hold advice based on investors' constraints. NMDC Steel 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 gross domestic product.
NMDC |
Execute NMDC Steel Buy or Sell Advice
The NMDC recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on NMDC Steel Limited. Macroaxis does not own or have any residual interests in NMDC Steel Limited or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute NMDC Steel's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Quite High | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
NMDC Steel Trading Alerts and Improvement Suggestions
| NMDC Steel Limited generated a negative expected return over the last 90 days | |
| NMDC Steel Limited has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 30.49 B. Net Loss for the year was (15.6 B) with profit before overhead, payroll, taxes, and interest of 0. | |
| NMDC Steel generates negative cash flow from operations | |
| About 61.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: NMDC Steel shares drop 5 percent as loss widens to Rs 595 cr in Q2, margins dip - Business Standard |
NMDC Steel Returns Distribution Density
The distribution of NMDC Steel's historical returns is an attempt to chart the uncertainty of NMDC Steel's future price movements. The chart of the probability distribution of NMDC Steel daily returns describes the distribution of returns around its average expected value. We use NMDC Steel Limited price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of NMDC Steel returns is essential to provide solid investment advice for NMDC Steel.
| Mean Return | -0.25 | Value At Risk | -3.21 | Potential Upside | 2.83 | Standard Deviation | 1.94 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of NMDC Steel 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.
NMDC Steel Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (68.0K) | (76.8K) | (37.5M) | 6.2B | (6.1B) | (5.8B) | |
| Free Cash Flow | (76.5K) | (78.8K) | (11.5B) | (6.4B) | (33.2B) | (31.5B) | |
| Change In Working Capital | 4.7K | (4.7K) | 7.4B | 15.2B | (13.6B) | (12.9B) | |
| Begin Period Cash Flow | 183.9K | 115.9K | 45.7M | 8.2M | 6.2B | 6.5B | |
| Total Cash From Operating Activities | (76.5K) | (78.8K) | 7.4B | 15.2B | (27.3B) | (26.0B) | |
| Net Income | (108.7K) | (73.9K) | (72.3K) | (15.6B) | (14.0B) | (13.3B) | |
| End Period Cash Flow | 115.9K | 39.0K | 8.2M | 6.2B | 66.5M | 63.2M | |
| Other Cashflows From Financing Activities | 8.5K | 1.9K | (18.9B) | (8.6B) | (16.4M) | (17.2M) | |
| Other Non Cash Items | (7.4K) | (1.7K) | (2.3M) | (76M) | (3.6B) | (3.5B) |
NMDC Steel 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 NMDC Steel 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 NMDC Steel'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 NMDC 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 | -0.3 | |
β | Beta against Dow Jones | 0.35 | |
σ | Overall volatility | 2.00 | |
Ir | Information ratio | -0.19 |
NMDC Steel Volatility Alert
NMDC Steel Limited exhibits very low volatility with skewness of -0.4 and kurtosis of 0.81. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure NMDC Steel'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 NMDC Steel'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.NMDC Steel Fundamentals Vs Peers
Comparing NMDC Steel'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 NMDC Steel's direct or indirect competition across all of the common fundamentals between NMDC Steel and the related equities. This way, we can detect undervalued stocks with similar characteristics as NMDC Steel or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of NMDC Steel's fundamental indicators could also be used in its relative valuation, which is a method of valuing NMDC Steel by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare NMDC Steel to competition |
| Fundamentals | NMDC Steel | Peer Average |
| Return On Equity | -0.0959 | -0.31 |
| Return On Asset | -0.0453 | -0.14 |
| Profit Margin | (0.41) % | (1.27) % |
| Operating Margin | (0.32) % | (5.51) % |
| Current Valuation | 192.26 B | 16.62 B |
| Shares Outstanding | 2.93 B | 571.82 M |
| Shares Owned By Insiders | 60.79 % | 10.09 % |
| Shares Owned By Institutions | 16.85 % | 39.21 % |
| Price To Book | 0.94 X | 9.51 X |
| Price To Sales | 2.73 X | 11.42 X |
| Revenue | 30.49 B | 9.43 B |
| EBITDA | (13.18 B) | 3.9 B |
| Net Income | (15.6 B) | 570.98 M |
| Total Debt | 66.62 B | 5.32 B |
| Book Value Per Share | 52.85 X | 1.93 K |
| Cash Flow From Operations | (27.33 B) | 971.22 M |
| Earnings Per Share | (8.77) X | 3.12 X |
| Number Of Employees | 1.03 K | 18.84 K |
| Market Capitalization | 134.81 B | 19.03 B |
| Total Asset | 293.68 B | 29.47 B |
| Retained Earnings | (15.6 B) | 9.33 B |
| Net Asset | 293.68 B |
NMDC Steel Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as NMDC . 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 | 102553.0 | |||
| Daily Balance Of Power | 0.0112 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 46.25 | |||
| Day Typical Price | 46.15 | |||
| Price Action Indicator | (0.27) | |||
| Period Momentum Indicator | 0.02 |
About NMDC Steel Buy or Sell Advice
When is the right time to buy or sell NMDC Steel Limited? Buying financial instruments such as NMDC 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 NMDC Steel 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 Diversified Assets Thematic Idea Now
Diversified Assets
Pablicly traded close-end funds and other entities backed by different types of diversified investments. The Diversified Assets theme has 44 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 Diversified Assets Theme or any other thematic opportunities.
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Additional Tools for NMDC Stock Analysis
When running NMDC Steel's price analysis, check to measure NMDC Steel'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 NMDC Steel is operating at the current time. Most of NMDC Steel's value examination focuses on studying past and present price action to predict the probability of NMDC Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NMDC Steel's price. Additionally, you may evaluate how the addition of NMDC Steel to your portfolios can decrease your overall portfolio volatility.