Datable Technology Corp Stock Buy Hold or Sell Recommendation
| DAC Stock | CAD 0.04 0.00 0.00% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Datable Technology Corp is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Datable Technology Corp given historical horizon and risk tolerance towards Datable Technology. When Macroaxis issues a 'buy' or 'sell' recommendation for Datable Technology Corp, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Datable Technology 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 Datable and provide practical buy, sell, or hold advice based on investors' constraints. Datable Technology Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Datable |
Execute Datable Technology Buy or Sell Advice
The Datable recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Datable Technology Corp. Macroaxis does not own or have any residual interests in Datable Technology Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Datable Technology's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
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Not Rated
Datable Technology Trading Alerts and Improvement Suggestions
| Datable Technology generated a negative expected return over the last 90 days | |
| Datable Technology has some characteristics of a very speculative penny stock | |
| Datable Technology has a very high chance of going through financial distress in the upcoming years | |
| Datable Technology Corp has accumulated 3.16 M in total debt. Datable Technology Corp has a current ratio of 0.67, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Datable Technology until it has trouble settling it off, either with new capital or with free cash flow. So, Datable Technology's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Datable Technology Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Datable to invest in growth at high rates of return. When we think about Datable Technology's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 3.32 M. Net Loss for the year was (2.67 M) with profit before overhead, payroll, taxes, and interest of 1.22 M. | |
| Datable Technology Corp has accumulated about 445.64 K in cash with (1.01 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 16.0% of the company shares are held by company insiders |
Datable Technology Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 323.0K | 912.9K | (131.4K) | (870.2K) | (50.9K) | (48.3K) | |
| Free Cash Flow | (811.4K) | (1.7M) | (3.5M) | (2.0M) | (1.0M) | (1.1M) | |
| Net Income | (2.2M) | (2.5M) | (4.6M) | (4.5M) | (2.7M) | (2.8M) | |
| End Period Cash Flow | 461.2K | 1.4M | 1.2M | 372.5K | 198.5K | 188.6K | |
| Change To Inventory | 64.7K | (216.1K) | (10.6K) | 240.5K | 216.5K | 227.3K | |
| Depreciation | 124.7K | 124.5K | 108.9K | 84.8K | 86.1K | 63.5K | |
| Other Non Cash Items | 15.2K | (6.3K) | 287.5K | 416.5K | 423.1K | 365.1K | |
| Investments | (1.1K) | (6.6K) | (81.7K) | (100.9K) | (165.5K) | (157.2K) | |
| Change To Netincome | 266.6K | 152.7K | 725.3K | 1.3M | 1.5M | 1.5M |
Datable Technology 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 Datable Technology 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 Datable Technology'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 Datable 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 | 0.00 | |
β | Beta against Dow Jones | 0.00 | |
σ | Overall volatility | 0.00 | |
Ir | Information ratio | 0.00 |
Datable Technology Volatility Alert
At this time Datable Technology Corp exhibits very low volatility. Datable Technology Corp is a penny stock. Although Datable Technology may be in fact a good investment, many penny stocks are subject to artificial price hype. Make sure you completely understand the upside potential and downside risk of investing in Datable Technology Corp. We encourage investors to look for signals such as message board hypes, claims of breakthroughs, email spams, sudden volume upswings, and other similar hype indicators. We also encourage traders to check biographies and work history of company officers before investing in instruments with high volatility. You can indeed make money on Datable instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Datable Technology Fundamentals Vs Peers
Comparing Datable Technology'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 Datable Technology's direct or indirect competition across all of the common fundamentals between Datable Technology and the related equities. This way, we can detect undervalued stocks with similar characteristics as Datable Technology or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Datable Technology's fundamental indicators could also be used in its relative valuation, which is a method of valuing Datable Technology by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Datable Technology to competition |
| Fundamentals | Datable Technology | Peer Average |
| Return On Asset | -1.73 | -0.14 |
| Profit Margin | (0.80) % | (1.27) % |
| Operating Margin | (0.87) % | (5.51) % |
| Current Valuation | 4.18 M | 16.62 B |
| Shares Outstanding | 22.11 M | 571.82 M |
| Shares Owned By Insiders | 16.45 % | 10.09 % |
| Shares Owned By Institutions | 3.39 % | 39.21 % |
| Number Of Shares Shorted | 234 | 4.71 M |
| Price To Sales | 0.23 X | 11.42 X |
| Revenue | 3.32 M | 9.43 B |
| Gross Profit | 1.22 M | 27.38 B |
| EBITDA | (2.1 M) | 3.9 B |
| Net Income | (2.67 M) | 570.98 M |
| Cash And Equivalents | 445.64 K | 2.7 B |
| Cash Per Share | 0.01 X | 5.01 X |
| Total Debt | 3.16 M | 5.32 B |
| Current Ratio | 0.68 X | 2.16 X |
| Book Value Per Share | (0.32) X | 1.93 K |
| Cash Flow From Operations | (1.01 M) | 971.22 M |
| Short Ratio | 0.14 X | 4.00 X |
| Earnings Per Share | (0.30) X | 3.12 X |
| Beta | 0.84 | -0.15 |
| Market Capitalization | 773.75 K | 19.03 B |
| Total Asset | 892.02 K | 29.47 B |
| Retained Earnings | (29.92 M) | 9.33 B |
| Working Capital | (2.66 M) | 1.48 B |
| Net Asset | 892.02 K |
Datable Technology Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Datable . 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 Datable Technology Buy or Sell Advice
When is the right time to buy or sell Datable Technology Corp? Buying financial instruments such as Datable 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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In addition to having Datable Technology 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?
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Additional Tools for Datable Stock Analysis
When running Datable Technology's price analysis, check to measure Datable Technology'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 Datable Technology is operating at the current time. Most of Datable Technology's value examination focuses on studying past and present price action to predict the probability of Datable Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Datable Technology's price. Additionally, you may evaluate how the addition of Datable Technology to your portfolios can decrease your overall portfolio volatility.