Ratnamani Metals (India) Buy Hold or Sell Recommendation
| RATNAMANI | 3,430 24.50 0.71% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Ratnamani Metals Tubes is 'Strong Sell'. Macroaxis provides Ratnamani Metals buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding RATNAMANI positions.
Check out Ratnamani Metals 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 Ratnamani and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Ratnamani Metals Tubes. 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.
Ratnamani |
Execute Ratnamani Metals Buy or Sell Advice
The Ratnamani recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Ratnamani Metals Tubes. Macroaxis does not own or have any residual interests in Ratnamani Metals Tubes or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Ratnamani Metals' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Ratnamani Metals Trading Alerts and Improvement Suggestions
| Ratnamani Metals generated a negative expected return over the last 90 days | |
| Ratnamani Metals is unlikely to experience financial distress in the next 2 years | |
| About 67.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Hold Ratnamani Metals and Tubes target of Rs 50 Sharekhan - Moneycontrol |
Ratnamani Metals Returns Distribution Density
The distribution of Ratnamani Metals' historical returns is an attempt to chart the uncertainty of Ratnamani Metals' future price movements. The chart of the probability distribution of Ratnamani Metals daily returns describes the distribution of returns around its average expected value. We use Ratnamani Metals Tubes price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Ratnamani Metals returns is essential to provide solid investment advice for Ratnamani Metals.
| Mean Return | -0.02 | Value At Risk | -2.13 | Potential Upside | 2.38 | Standard Deviation | 1.59 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Ratnamani Metals 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.
Ratnamani Metals Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (2.7B) | 3.2B | (5.8B) | (956.7M) | (895.2M) | (940.0M) | |
| Change In Cash | (958.1M) | (31.4M) | 1.4M | (96.6M) | 1.7B | 1.8B | |
| Free Cash Flow | (828.0M) | 4.2B | (4.3B) | 1.7B | 2.8B | 3.0B | |
| Depreciation | 585.1M | 568.5M | 802.1M | 833.4M | 975.4M | 530.3M | |
| Other Non Cash Items | (1.2B) | (654.7M) | (1.3B) | (1.3B) | (471.5M) | (495.0M) | |
| Capital Expenditures | 3.0B | 1.3B | 1.4B | 1.4B | 2.1B | 2.2B | |
| Net Income | 4.1B | 3.6B | 4.3B | 6.9B | 6.2B | 6.5B | |
| End Period Cash Flow | 467.8M | 436.4M | 437.8M | 341.2M | 2.1B | 2.2B | |
| Investments | (790.3M) | (3.8B) | 5.4B | (2.1B) | (1.5B) | (1.4B) | |
| Net Borrowings | (129.4M) | 1.8B | (597.3M) | (516.6M) | (594.1M) | (564.4M) | |
| Change To Netincome | (264.0M) | (207.7M) | 219.9M | (214.0M) | (192.6M) | (183.0M) |
Ratnamani Metals 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 Ratnamani Metals 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 Ratnamani Metals' 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 Ratnamani 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 | -0.0047 | |
β | Beta against Dow Jones | -0.2 | |
σ | Overall volatility | 1.59 | |
Ir | Information ratio | -0.09 |
Ratnamani Metals Volatility Alert
Ratnamani Metals Tubes exhibits very low volatility with skewness of 0.87 and kurtosis of 5.22. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Ratnamani Metals' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Ratnamani Metals' 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.Ratnamani Metals Fundamentals Vs Peers
Comparing Ratnamani Metals' 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 Ratnamani Metals' direct or indirect competition across all of the common fundamentals between Ratnamani Metals and the related equities. This way, we can detect undervalued stocks with similar characteristics as Ratnamani Metals or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Ratnamani Metals' fundamental indicators could also be used in its relative valuation, which is a method of valuing Ratnamani Metals by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Ratnamani Metals to competition |
| Fundamentals | Ratnamani Metals | Peer Average |
| Return On Equity | 0.21 | -0.31 |
| Return On Asset | 0.13 | -0.14 |
| Profit Margin | 0.12 % | (1.27) % |
| Operating Margin | 0.12 % | (5.51) % |
| Current Valuation | 243.22 B | 16.62 B |
| Shares Outstanding | 70.09 M | 571.82 M |
| Shares Owned By Insiders | 67.37 % | 10.09 % |
| Shares Owned By Institutions | 25.11 % | 39.21 % |
| Price To Book | 7.39 X | 9.51 X |
| Price To Sales | 4.80 X | 11.42 X |
| Revenue | 50.59 B | 9.43 B |
| Gross Profit | 15.15 B | 27.38 B |
| EBITDA | 9.56 B | 3.9 B |
| Net Income | 6.23 B | 570.98 M |
| Cash And Equivalents | 341.23 M | 2.7 B |
| Total Debt | 1.53 B | 5.32 B |
| Book Value Per Share | 448.06 X | 1.93 K |
| Cash Flow From Operations | 4.98 B | 971.22 M |
| Earnings Per Share | 75.31 X | 3.12 X |
| Target Price | 3925.2 | |
| Number Of Employees | 2.92 K | 18.84 K |
| Beta | 0.57 | -0.15 |
| Market Capitalization | 243.36 B | 19.03 B |
| Total Asset | 40.2 B | 29.47 B |
| Retained Earnings | 23.77 B | 9.33 B |
| Working Capital | 20.66 B | 1.48 B |
| Annual Yield | 0 % | |
| Net Asset | 40.2 B |
Ratnamani Metals Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Ratnamani . 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 | 173.78 | |||
| Daily Balance Of Power | (0.45) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 3437.95 | |||
| Day Typical Price | 3435.4 | |||
| Market Facilitation Index | 0.0048 | |||
| Price Action Indicator | (19.90) | |||
| Period Momentum Indicator | (24.50) |
About Ratnamani Metals Buy or Sell Advice
When is the right time to buy or sell Ratnamani Metals Tubes? Buying financial instruments such as Ratnamani 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.
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Other Information on Investing in Ratnamani Stock
Ratnamani Metals financial ratios help investors to determine whether Ratnamani 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 Ratnamani with respect to the benefits of owning Ratnamani Metals security.