Sportking India (India) Buy Hold or Sell Recommendation
| SPORTKING | 78.43 1.59 2.07% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Sportking India Limited is 'Strong Sell'. The recommendation algorithm takes into account all of Sportking India's available fundamental, technical, and predictive indicators you will find on this site.
Check out Sportking India 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 Sportking and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Sportking India 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 estimate.
Sportking |
Execute Sportking India Buy or Sell Advice
The Sportking recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Sportking India Limited. Macroaxis does not own or have any residual interests in Sportking India Limited or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Sportking India's 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 | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Sportking India Trading Alerts and Improvement Suggestions
| Sportking India generated a negative expected return over the last 90 days | |
| Sportking India has high historical volatility and very poor performance | |
| Sportking India is unlikely to experience financial distress in the next 2 years | |
| Sportking India generates negative cash flow from operations | |
| About 79.0% of the company outstanding shares are owned by corporate insiders |
Sportking India Returns Distribution Density
The distribution of Sportking India's historical returns is an attempt to chart the uncertainty of Sportking India's future price movements. The chart of the probability distribution of Sportking India daily returns describes the distribution of returns around its average expected value. We use Sportking India Limited price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Sportking India returns is essential to provide solid investment advice for Sportking India.
| Mean Return | -0.58 | Value At Risk | -5.08 | Potential Upside | 6.50 | Standard Deviation | 3.59 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Sportking India 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.
Sportking India Cash Flow Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change To Inventory | (698.8M) | (2.4B) | 1.5B | (2.7B) | (2.5B) | (2.3B) | |
| Change In Cash | (7.6M) | (2.9M) | 110.2M | (101.1M) | (91.0M) | (86.4M) | |
| Free Cash Flow | 987.5M | 164.7M | 1.6B | (3.4B) | (3.1B) | (2.9B) | |
| Depreciation | 517.3M | 438.6M | 481.5M | 858.9M | 987.7M | 620.4M | |
| Other Non Cash Items | 340.3M | (1.1B) | (179.3M) | 637.8M | 574.0M | 602.7M | |
| Capital Expenditures | 40.3M | 791.6M | 3.6B | 1.0B | 1.2B | 967.7M | |
| Net Income | 1.2B | 5.5B | 1.9B | 703.5M | 809.0M | 1.0B | |
| End Period Cash Flow | 8.3M | 5.4M | 115.6M | 14.5M | 13.0M | 24.9M |
Sportking India 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 Sportking India or Textiles, Apparel & Luxury Goods 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 Sportking India'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 Sportking 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 | 0.34 | |
σ | Overall volatility | 3.58 | |
Ir | Information ratio | -0.14 |
Sportking India Volatility Alert
Sportking India Limited exhibits very low volatility with skewness of 0.74 and kurtosis of 3.7. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Sportking India'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 Sportking India'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.Sportking India Fundamentals Vs Peers
Comparing Sportking India'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 Sportking India's direct or indirect competition across all of the common fundamentals between Sportking India and the related equities. This way, we can detect undervalued stocks with similar characteristics as Sportking India or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Sportking India's fundamental indicators could also be used in its relative valuation, which is a method of valuing Sportking India by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Sportking India to competition |
| Fundamentals | Sportking India | Peer Average |
| Return On Equity | 0.1 | -0.31 |
| Return On Asset | 0.0676 | -0.14 |
| Profit Margin | 0.04 % | (1.27) % |
| Operating Margin | 0.06 % | (5.51) % |
| Current Valuation | 14.92 B | 16.62 B |
| Shares Outstanding | 127.07 M | 571.82 M |
| Shares Owned By Insiders | 78.70 % | 10.09 % |
| Price To Book | 1.07 X | 9.51 X |
| Price To Sales | 0.39 X | 11.42 X |
| Revenue | 23.77 B | 9.43 B |
| Gross Profit | 7.12 B | 27.38 B |
| EBITDA | 2.3 B | 3.9 B |
| Net Income | 703.46 M | 570.98 M |
| Total Debt | 8.75 B | 5.32 B |
| Book Value Per Share | 75.00 X | 1.93 K |
| Cash Flow From Operations | (2.36 B) | 971.22 M |
| Earnings Per Share | 7.52 X | 3.12 X |
| Number Of Employees | 5.97 K | 18.84 K |
| Beta | 0.54 | -0.15 |
| Market Capitalization | 9.76 B | 19.03 B |
| Total Asset | 19.63 B | 29.47 B |
| Retained Earnings | 8.09 B | 9.33 B |
| Working Capital | 5.3 B | 1.48 B |
| Annual Yield | 0.01 % | |
| Net Asset | 19.63 B |
Sportking India Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Sportking . 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 Sportking India Buy or Sell Advice
When is the right time to buy or sell Sportking India Limited? Buying financial instruments such as Sportking 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 Sportking Stock
Sportking India financial ratios help investors to determine whether Sportking 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 Sportking with respect to the benefits of owning Sportking India security.