Red Avenue (China) Buy Hold or Sell Recommendation
| 603650 Stock | 34.20 0.38 1.12% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Red Avenue New is 'Strong Sell'. Macroaxis provides Red Avenue buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding 603650 positions.
Check out Red Avenue 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 Red and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Red Avenue New. 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.
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Execute Red Avenue Buy or Sell Advice
The Red recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Red Avenue New. Macroaxis does not own or have any residual interests in Red Avenue New or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Red Avenue's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Good | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Red Avenue Trading Alerts and Improvement Suggestions
| Red Avenue New appears to be risky and price may revert if volatility continues | |
| Red Avenue New is unlikely to experience financial distress in the next 2 years | |
| About 71.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Records published Nov. 18, 2024 - West Central Tribune |
Red Avenue Returns Distribution Density
The distribution of Red Avenue's historical returns is an attempt to chart the uncertainty of Red Avenue's future price movements. The chart of the probability distribution of Red Avenue daily returns describes the distribution of returns around its average expected value. We use Red Avenue New price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Red Avenue returns is essential to provide solid investment advice for Red Avenue.
| Mean Return | 0.46 | Value At Risk | -4.45 | Potential Upside | 7.32 | Standard Deviation | 3.24 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Red Avenue 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.
Red Avenue Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Net Borrowings | 798.3M | 341.7M | 795.9M | 461.0M | 530.1M | 356.2M | |
| Capital Expenditures | 71.7M | 113.0M | 698.3M | 362.7M | 170.2M | 201.5M | |
| Change To Netincome | 73.0M | (63.6M) | (137.4M) | (125.0M) | (112.5M) | (106.9M) | |
| Change To Inventory | (33.9M) | 5.0M | (4.4M) | (138.2M) | (57.4M) | (54.6M) | |
| Investments | (1.4B) | (390.4M) | (240.9M) | (114.2M) | 113.8M | 119.5M | |
| Change In Cash | (319.8M) | (54.7M) | (122.4M) | (103.6M) | 290.8M | 305.3M | |
| Depreciation | 63.7M | 59.9M | 98.1M | 128.1M | 147.2M | 86.1M | |
| Dividends Paid | 226.9M | 243.3M | 248.9M | 125.3M | 124.0M | 184.5M | |
| Net Income | 330.6M | 410.5M | 326.6M | 298.2M | 406.6M | 379.8M | |
| End Period Cash Flow | 651.4M | 596.7M | 474.2M | 370.6M | 661.4M | 470.0M | |
| Free Cash Flow | 347.1M | 94.0M | (353.6M) | (259.9M) | 13.9M | 27.0M | |
| Other Non Cash Items | 8.4M | 64.3M | 71.6M | 54.5M | 69.2M | 44.4M |
Red Avenue 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 Red Avenue or Chemicals 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 Red Avenue'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 Red 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 | 0.47 | |
β | Beta against Dow Jones | -0.13 | |
σ | Overall volatility | 3.42 | |
Ir | Information ratio | 0.10 |
Red Avenue Volatility Alert
Red Avenue New currently demonstrates below-average downside deviation. It has Information Ratio of 0.1 and Jensen Alpha of 0.47. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Red Avenue'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 Red Avenue'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.Red Avenue Fundamentals Vs Peers
Comparing Red Avenue'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 Red Avenue's direct or indirect competition across all of the common fundamentals between Red Avenue and the related equities. This way, we can detect undervalued stocks with similar characteristics as Red Avenue or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Red Avenue's fundamental indicators could also be used in its relative valuation, which is a method of valuing Red Avenue by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Red Avenue to competition |
| Fundamentals | Red Avenue | Peer Average |
| Return On Equity | 0.15 | -0.31 |
| Return On Asset | 0.0235 | -0.14 |
| Profit Margin | 0.16 % | (1.27) % |
| Operating Margin | 0.1 % | (5.51) % |
| Current Valuation | 22.61 B | 16.62 B |
| Shares Outstanding | 599.08 M | 571.82 M |
| Shares Owned By Insiders | 71.45 % | 10.09 % |
| Shares Owned By Institutions | 2.69 % | 39.21 % |
| Price To Book | 6.05 X | 9.51 X |
| Price To Sales | 6.42 X | 11.42 X |
| Revenue | 2.94 B | 9.43 B |
| Gross Profit | 585.08 M | 27.38 B |
| EBITDA | 435.09 M | 3.9 B |
| Net Income | 406.6 M | 570.98 M |
| Total Debt | 475.15 M | 5.32 B |
| Book Value Per Share | 5.59 X | 1.93 K |
| Cash Flow From Operations | 184.12 M | 971.22 M |
| Earnings Per Share | 0.82 X | 3.12 X |
| Target Price | 32.0 | |
| Number Of Employees | 1.15 K | 18.84 K |
| Beta | 0.38 | -0.15 |
| Market Capitalization | 20.26 B | 19.03 B |
| Total Asset | 7.33 B | 29.47 B |
| Retained Earnings | 1.72 B | 9.33 B |
| Working Capital | 736.13 M | 1.48 B |
| Net Asset | 7.33 B | |
| Last Dividend Paid | 0.59 |
Red Avenue Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Red . 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 Red Avenue Buy or Sell Advice
When is the right time to buy or sell Red Avenue New? Buying financial instruments such as Red 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.
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Other Information on Investing in Red Stock
Red Avenue financial ratios help investors to determine whether Red 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 Red with respect to the benefits of owning Red Avenue security.