Evonik Industries Ag Stock Buy Hold or Sell Recommendation
| EVKIF Stock | USD 18.20 2.15 13.40% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Evonik Industries AG is 'Strong Sell'. Macroaxis provides Evonik Industries buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding EVKIF positions.
Check out Evonik Industries 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 Evonik and provide practical buy, sell, or hold advice based on investors' constraints. Evonik Industries AG. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Evonik |
Execute Evonik Industries Buy or Sell Advice
The Evonik recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Evonik Industries AG. Macroaxis does not own or have any residual interests in Evonik Industries AG or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Evonik Industries' 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 | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Responds to the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Evonik Industries Trading Alerts and Improvement Suggestions
| Evonik Industries generated a negative expected return over the last 90 days | |
| Evonik Industries has high historical volatility and very poor performance | |
| About 56.0% of the company shares are held by company insiders |
Evonik Industries Returns Distribution Density
The distribution of Evonik Industries' historical returns is an attempt to chart the uncertainty of Evonik Industries' future price movements. The chart of the probability distribution of Evonik Industries daily returns describes the distribution of returns around its average expected value. We use Evonik Industries AG price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Evonik Industries returns is essential to provide solid investment advice for Evonik Industries.
| Mean Return | -0.31 | Value At Risk | -7.32 | Potential Upside | 1.96 | Standard Deviation | 3.05 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Evonik Industries 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.
Evonik Industries 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 Evonik Industries or Basic Materials 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 Evonik Industries' price will be affected by overall pink sheet 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 Evonik pink sheet'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 | -0.43 | |
β | Beta against Dow Jones | 1.23 | |
σ | Overall volatility | 3.08 | |
Ir | Information ratio | -0.13 |
Evonik Industries Volatility Alert
Evonik Industries AG exhibits very low volatility with skewness of 0.11 and kurtosis of 9.91. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Evonik Industries' pink sheet risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Evonik Industries' pink sheet 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.Evonik Industries Fundamentals Vs Peers
Comparing Evonik Industries' 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 Evonik Industries' direct or indirect competition across all of the common fundamentals between Evonik Industries and the related equities. This way, we can detect undervalued stocks with similar characteristics as Evonik Industries or determine the pink sheets which would be an excellent addition to an existing portfolio. Peer analysis of Evonik Industries' fundamental indicators could also be used in its relative valuation, which is a method of valuing Evonik Industries by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Evonik Industries to competition |
| Fundamentals | Evonik Industries | Peer Average |
| Return On Equity | 0.0895 | -0.31 |
| Return On Asset | 0.0383 | -0.14 |
| Profit Margin | 0.05 % | (1.27) % |
| Operating Margin | 0.08 % | (5.51) % |
| Current Valuation | 11.78 B | 16.62 B |
| Shares Outstanding | 466 M | 571.82 M |
| Shares Owned By Insiders | 56.00 % | 10.09 % |
| Shares Owned By Institutions | 20.79 % | 39.21 % |
| Price To Earning | 16.61 X | 28.72 X |
| Price To Book | 0.76 X | 9.51 X |
| Price To Sales | 0.49 X | 11.42 X |
| Revenue | 14.96 B | 9.43 B |
| Gross Profit | 4.07 B | 27.38 B |
| EBITDA | 2.29 B | 3.9 B |
| Net Income | 746 M | 570.98 M |
| Cash And Equivalents | 1.22 B | 2.7 B |
| Cash Per Share | 2.62 X | 5.01 X |
| Total Debt | 3 B | 5.32 B |
| Debt To Equity | 0.43 % | 48.70 % |
| Current Ratio | 1.48 X | 2.16 X |
| Book Value Per Share | 25.18 X | 1.93 K |
| Cash Flow From Operations | 1.81 B | 971.22 M |
| Earnings Per Share | 2.14 X | 3.12 X |
| Price To Earnings To Growth | 5.09 X | 4.89 X |
| Number Of Employees | 33.84 K | 18.84 K |
| Beta | 1.21 | -0.15 |
| Market Capitalization | 10.31 B | 19.03 B |
| Total Asset | 22.28 B | 29.47 B |
| Retained Earnings | 4.76 B | 9.33 B |
| Working Capital | 5.4 B | 1.48 B |
| Current Asset | 8.28 B | 9.34 B |
| Current Liabilities | 2.87 B | 7.9 B |
| Z Score | 1.8 | 8.72 |
Evonik Industries Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Evonik . 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.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.13 | |||
| Day Median Price | 18.2 | |||
| Day Typical Price | 18.2 | |||
| Price Action Indicator | 1.07 | |||
| Period Momentum Indicator | 2.15 |
About Evonik Industries Buy or Sell Advice
When is the right time to buy or sell Evonik Industries AG? Buying financial instruments such as Evonik Pink Sheet 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 Evonik Industries 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 Convertibles Funds Thematic Idea Now
Convertibles Funds
Funds or Etfs that invest in debt that is expected to be converted into a predetermined amount of the company equity at some future date. The Convertibles Funds theme has 12 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 Convertibles Funds Theme or any other thematic opportunities.
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Other Information on Investing in Evonik Pink Sheet
Evonik Industries financial ratios help investors to determine whether Evonik Pink Sheet 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 Evonik with respect to the benefits of owning Evonik Industries security.