63 Moons (India) Buy Hold or Sell Recommendation
| 63MOONS Stock | 579.90 3.95 0.69% |
Assuming the 90 days trading horizon and your typical level of risk aversion, our recommendation regarding 63 moons technologies is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell 63 moons technologies given historical horizon and risk tolerance towards 63 Moons. When Macroaxis issues a 'buy' or 'sell' recommendation for 63 moons technologies, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out 63 Moons 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 63MOONS and provide practical buy, sell, or hold advice based on investors' constraints. 63 moons 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 persons.
63MOONS |
Execute 63 Moons Buy or Sell Advice
The 63MOONS recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on 63 moons technologies. Macroaxis does not own or have any residual interests in 63 moons technologies or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute 63 Moons' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Solid | Details | |
Volatility | Very steady | Details | |
Hype Condition | Under hyped | 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 |
63 Moons Trading Alerts and Improvement Suggestions
| 63 Moons appears to be risky and price may revert if volatility continues | |
| 63 Moons is unlikely to experience financial distress in the next 2 years | |
| About 58.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: 63 Moons Technologies reports consolidated net loss of Rs 18.90 crore in the September 2024 quarter - Business Standard |
63 Moons Returns Distribution Density
The distribution of 63 Moons' historical returns is an attempt to chart the uncertainty of 63 Moons' future price movements. The chart of the probability distribution of 63 Moons daily returns describes the distribution of returns around its average expected value. We use 63 moons technologies price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of 63 Moons returns is essential to provide solid investment advice for 63 Moons.
| Mean Return | 0.91 | Value At Risk | -4.99 | Potential Upside | 8.37 | Standard Deviation | 4.07 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of 63 Moons 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.
63 Moons Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (207.8M) | 238.1M | 539.8M | 1.4B | (310.8M) | (295.3M) | |
| Free Cash Flow | (1.2B) | (392.1M) | (1.3B) | 510.6M | 1.6B | 1.7B | |
| Depreciation | 249.6M | 190.1M | 124.9M | 233.9M | 302.9M | 242.7M | |
| Other Non Cash Items | (1.0B) | (318.7M) | (475.4M) | (563.1M) | (179.6M) | (188.6M) | |
| Capital Expenditures | 509.9M | 34.2M | 264.7M | 196.5M | 54.9M | 52.2M | |
| Net Income | (399.4M) | (617.8M) | (737.5M) | 195.5M | 2.2B | 1.1B | |
| End Period Cash Flow | 2.5B | 2.8B | 3.3B | 4.7B | 958.5M | 910.6M | |
| Investments | 457.7M | 600.4M | 749.7M | 499.8M | (999.7M) | (949.7M) |
63 Moons 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 63 Moons 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 63 Moons' 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 63MOONS 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 | 0.91 | |
β | Beta against Dow Jones | -0.08 | |
σ | Overall volatility | 4.18 | |
Ir | Information ratio | 0.19 |
63 Moons Volatility Alert
63 moons 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 63 Moons' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact 63 Moons' 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.63 Moons Fundamentals Vs Peers
Comparing 63 Moons' 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 63 Moons' direct or indirect competition across all of the common fundamentals between 63 Moons and the related equities. This way, we can detect undervalued stocks with similar characteristics as 63 Moons or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of 63 Moons' fundamental indicators could also be used in its relative valuation, which is a method of valuing 63 Moons by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare 63 Moons to competition |
| Fundamentals | 63 Moons | Peer Average |
| Return On Equity | 0.0703 | -0.31 |
| Return On Asset | 0.0129 | -0.14 |
| Profit Margin | 0.44 % | (1.27) % |
| Operating Margin | (1.52) % | (5.51) % |
| Current Valuation | 7.46 B | 16.62 B |
| Shares Outstanding | 46.08 M | 571.82 M |
| Shares Owned By Insiders | 58.09 % | 10.09 % |
| Shares Owned By Institutions | 3.50 % | 39.21 % |
| Price To Book | 0.80 X | 9.51 X |
| Price To Sales | 6.71 X | 11.42 X |
| Revenue | 4.72 B | 9.43 B |
| Gross Profit | 1.18 B | 27.38 B |
| EBITDA | 2.43 B | 3.9 B |
| Net Income | 2.23 B | 570.98 M |
| Cash And Equivalents | 9.97 B | 2.7 B |
| Total Debt | 51.71 M | 5.32 B |
| Book Value Per Share | 726.45 X | 1.93 K |
| Cash Flow From Operations | 1.7 B | 971.22 M |
| Earnings Per Share | 15.92 X | 3.12 X |
| Number Of Employees | 863 | 18.84 K |
| Beta | 1.19 | -0.15 |
| Market Capitalization | 26.79 B | 19.03 B |
| Total Asset | 36.45 B | 29.47 B |
| Retained Earnings | 25.29 B | 9.33 B |
| Working Capital | 15.76 B | 1.48 B |
| Annual Yield | 0 % | |
| Net Asset | 36.45 B |
63 Moons Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as 63MOONS . 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 | 20810.78 | |||
| Daily Balance Of Power | 0.1289 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 589.38 | |||
| Day Typical Price | 586.22 | |||
| Market Facilitation Index | 1.0E-4 | |||
| Price Action Indicator | (7.50) | |||
| Period Momentum Indicator | 3.95 |
About 63 Moons Buy or Sell Advice
When is the right time to buy or sell 63 moons technologies? Buying financial instruments such as 63MOONS 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 63 Moons 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 Computers Thematic Idea Now
Computers
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Computers theme has 61 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 Computers Theme or any other thematic opportunities.
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Additional Tools for 63MOONS Stock Analysis
When running 63 Moons' price analysis, check to measure 63 Moons' 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 63 Moons is operating at the current time. Most of 63 Moons' value examination focuses on studying past and present price action to predict the probability of 63 Moons' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 63 Moons' price. Additionally, you may evaluate how the addition of 63 Moons to your portfolios can decrease your overall portfolio volatility.