California Software (India) Buy Hold or Sell Recommendation
| CALSOFT Stock | 18.09 0.50 2.84% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding California Software is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell California Software given historical horizon and risk tolerance towards California Software. When Macroaxis issues a 'buy' or 'sell' recommendation for California Software, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out California Software 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 California and provide practical buy, sell, or hold advice based on investors' constraints. California Software. 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.
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Execute California Software Buy or Sell Advice
The California recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on California Software. Macroaxis does not own or have any residual interests in California Software or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute California Software's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Not too volatile | 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 |
California Software Trading Alerts and Improvement Suggestions
| California Software generated a negative expected return over the last 90 days | |
| California Software has high historical volatility and very poor performance | |
| California Software is unlikely to experience financial distress in the next 2 years | |
| California Software generates negative cash flow from operations | |
| About 42.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Tech-Driven Stock Market Rally Helps Steady California Budget - Yahoo Finance |
California Software Returns Distribution Density
The distribution of California Software's historical returns is an attempt to chart the uncertainty of California Software's future price movements. The chart of the probability distribution of California Software daily returns describes the distribution of returns around its average expected value. We use California Software price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of California Software returns is essential to provide solid investment advice for California Software.
| Mean Return | -0.18 | Value At Risk | -5 | Potential Upside | 4.99 | Standard Deviation | 3.41 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of California Software 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.
California Software Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 314.0K | (5.9M) | 187K | 31K | (88K) | (92.4K) | |
| Free Cash Flow | (5.8M) | (11.1M) | (31.8M) | (14.7M) | (19.6M) | (20.6M) | |
| Other Non Cash Items | (221.8K) | 1.1M | (500K) | (1.3M) | 277K | 263.2K | |
| Net Income | 852.5K | (2.9M) | 63.1M | 3.0M | 6.2M | 6.5M | |
| End Period Cash Flow | 612.7K | (5.2M) | 394K | 425K | 401K | 381.0K |
California Software 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 California Software 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 California Software'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 California 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 | -0.18 | |
β | Beta against Dow Jones | -0.09 | |
σ | Overall volatility | 3.19 | |
Ir | Information ratio | -0.09 |
California Software Volatility Alert
California Software exhibits very low volatility with skewness of 0.53 and kurtosis of -0.23. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure California Software'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 California Software'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.California Software Fundamentals Vs Peers
Comparing California Software'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 California Software's direct or indirect competition across all of the common fundamentals between California Software and the related equities. This way, we can detect undervalued stocks with similar characteristics as California Software or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of California Software's fundamental indicators could also be used in its relative valuation, which is a method of valuing California Software by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare California Software to competition |
| Fundamentals | California Software | Peer Average |
| Return On Equity | 0.0514 | -0.31 |
| Return On Asset | 0.0236 | -0.14 |
| Profit Margin | 0.14 % | (1.27) % |
| Operating Margin | 0.1 % | (5.51) % |
| Current Valuation | 372.86 M | 16.62 B |
| Shares Outstanding | 15.46 M | 571.82 M |
| Shares Owned By Insiders | 42.36 % | 10.09 % |
| Price To Book | 2.18 X | 9.51 X |
| Price To Sales | 6.55 X | 11.42 X |
| Revenue | 42.8 M | 9.43 B |
| Gross Profit | 17.58 M | 27.38 B |
| EBITDA | 15.65 M | 3.9 B |
| Net Income | 6.24 M | 570.98 M |
| Total Debt | 83.14 M | 5.32 B |
| Book Value Per Share | 8.06 X | 1.93 K |
| Cash Flow From Operations | (19.57 M) | 971.22 M |
| Earnings Per Share | 0.40 X | 3.12 X |
| Number Of Employees | 32 | 18.84 K |
| Beta | 0.67 | -0.15 |
| Market Capitalization | 288.84 M | 19.03 B |
| Total Asset | 218.99 M | 29.47 B |
| Retained Earnings | 28.3 M | 9.33 B |
| Working Capital | 92.69 M | 1.48 B |
| Net Asset | 218.99 M |
California Software Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as California . 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 California Software Buy or Sell Advice
When is the right time to buy or sell California Software? Buying financial instruments such as California 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 California Software 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 Junk Bonds Funds Thematic Idea Now
Junk Bonds Funds
Funds or Etfs that invest most of their assets into speculative (junk) bonds or to other fixed income instruments with interest rates 3 to 4 percentage points above government issues. The Junk Bonds Funds theme has 42 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 Junk Bonds Funds Theme or any other thematic opportunities.
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Additional Tools for California Stock Analysis
When running California Software's price analysis, check to measure California Software'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 California Software is operating at the current time. Most of California Software's value examination focuses on studying past and present price action to predict the probability of California Software's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move California Software's price. Additionally, you may evaluate how the addition of California Software to your portfolios can decrease your overall portfolio volatility.