Event Hospitality (Australia) Buy Hold or Sell Recommendation
| EVT Stock | 11.29 0.01 0.09% |
Assuming the 90 days trading horizon and your slightly conservative level of risk, our recommendation regarding Event Hospitality and is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Event Hospitality and given historical horizon and risk tolerance towards Event Hospitality. When Macroaxis issues a 'buy' or 'sell' recommendation for Event Hospitality and, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Event Hospitality 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 Event and provide practical buy, sell, or hold advice based on investors' constraints. Event Hospitality and. 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.
Event |
Execute Event Hospitality Buy or Sell Advice
The Event recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Event Hospitality and. Macroaxis does not own or have any residual interests in Event Hospitality and or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Event Hospitality's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | OK | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Average | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Event Hospitality Trading Alerts and Improvement Suggestions
| Event Hospitality has high likelihood to experience some financial distress in the next 2 years | |
| About 28.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Event Hospitality Issues New Unquoted Equity Securities - Nasdaq |
Event Hospitality Returns Distribution Density
The distribution of Event Hospitality's historical returns is an attempt to chart the uncertainty of Event Hospitality's future price movements. The chart of the probability distribution of Event Hospitality daily returns describes the distribution of returns around its average expected value. We use Event Hospitality and price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Event Hospitality returns is essential to provide solid investment advice for Event Hospitality.
| Mean Return | 0.12 | Value At Risk | -2.61 | Potential Upside | 3.11 | Standard Deviation | 1.77 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Event Hospitality 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.
Event Hospitality Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Other Non Cash Items | 38.6M | (51.1M) | (23.4M) | (48.5M) | (4.8M) | (5.0M) | |
| Capital Expenditures | 129.1M | 26.9M | 99.5M | 203.7M | 89.7M | 79.7M | |
| Net Income | (57.0M) | (48.0M) | 53.3M | 106.5M | 4.8M | 4.6M | |
| End Period Cash Flow | 76.6M | 121.0M | 175.2M | 207M | 106.4M | 59.4M | |
| Change In Cash | (17.2M) | 44.4M | 54.2M | 31.8M | (100.6M) | (95.6M) | |
| Free Cash Flow | 47.3M | 117.6M | 176.4M | 38.1M | 124.6M | 130.9M | |
| Dividends Paid | 83.7M | 83.8M | 22.6M | 41.9M | 55.1M | 40.2M | |
| Depreciation | 194.8M | 196.5M | 185.8M | 183.8M | 191.1M | 200.7M | |
| Change To Inventory | 596K | 4.7M | (2.3M) | (4.9M) | (895K) | (850.3K) | |
| Change To Netincome | 66.1M | (36.0M) | (18.0M) | (44.9M) | (40.4M) | (38.4M) | |
| Net Borrowings | 14.5M | (114.2M) | (219.6M) | (34.6M) | (31.1M) | (29.6M) |
Event Hospitality 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 Event Hospitality or Entertainment 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 Event Hospitality'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 Event 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 | 0.09 | |
β | Beta against Dow Jones | 0.14 | |
σ | Overall volatility | 1.72 | |
Ir | Information ratio | -0.0043 |
Event Hospitality Volatility Alert
Event Hospitality and has relatively low volatility with skewness of 0.28 and kurtosis of 0.11. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Event Hospitality'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 Event Hospitality'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.Event Hospitality Fundamentals Vs Peers
Comparing Event Hospitality'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 Event Hospitality's direct or indirect competition across all of the common fundamentals between Event Hospitality and the related equities. This way, we can detect undervalued stocks with similar characteristics as Event Hospitality or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Event Hospitality's fundamental indicators could also be used in its relative valuation, which is a method of valuing Event Hospitality by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Event Hospitality to competition |
| Fundamentals | Event Hospitality | Peer Average |
| Return On Equity | 0.0049 | -0.31 |
| Return On Asset | 0.0217 | -0.14 |
| Profit Margin | 0 % | (1.27) % |
| Operating Margin | 0.05 % | (5.51) % |
| Current Valuation | 3.05 B | 16.62 B |
| Shares Outstanding | 162.52 M | 571.82 M |
| Shares Owned By Insiders | 27.76 % | 10.09 % |
| Shares Owned By Institutions | 48.49 % | 39.21 % |
| Price To Book | 1.90 X | 9.51 X |
| Price To Sales | 1.52 X | 11.42 X |
| Revenue | 1.21 B | 9.43 B |
| Gross Profit | 896.61 M | 27.38 B |
| EBITDA | 289.69 M | 3.9 B |
| Net Income | 4.82 M | 570.98 M |
| Cash And Equivalents | 207 M | 2.7 B |
| Total Debt | 1.32 B | 5.32 B |
| Book Value Per Share | 5.94 X | 1.93 K |
| Cash Flow From Operations | 214.33 M | 971.22 M |
| Earnings Per Share | 0.03 X | 3.12 X |
| Target Price | 13.33 | |
| Beta | 1.11 | -0.15 |
| Market Capitalization | 1.85 B | 19.03 B |
| Total Asset | 2.91 B | 29.47 B |
| Retained Earnings | 650.83 M | 9.33 B |
| Working Capital | (171.89 M) | 1.48 B |
| Annual Yield | 0.03 % | |
| Net Asset | 2.91 B | |
| Last Dividend Paid | 0.34 |
Event Hospitality Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Event . 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 Event Hospitality Buy or Sell Advice
When is the right time to buy or sell Event Hospitality and? Buying financial instruments such as Event 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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Additional Tools for Event Stock Analysis
When running Event Hospitality's price analysis, check to measure Event Hospitality'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 Event Hospitality is operating at the current time. Most of Event Hospitality's value examination focuses on studying past and present price action to predict the probability of Event Hospitality's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Event Hospitality's price. Additionally, you may evaluate how the addition of Event Hospitality to your portfolios can decrease your overall portfolio volatility.