Homeco Daily (Australia) Buy Hold or Sell Recommendation
| HDN Stock | 1.25 0.01 0.81% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Homeco Daily Needs is 'Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Homeco Daily Needs given historical horizon and risk tolerance towards Homeco Daily. When Macroaxis issues a 'buy' or 'sell' recommendation for Homeco Daily Needs, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Homeco Daily 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 Homeco and provide practical buy, sell, or hold advice based on investors' constraints. Homeco Daily Needs. 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.
Homeco |
Execute Homeco Daily Buy or Sell Advice
The Homeco recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Homeco Daily Needs. Macroaxis does not own or have any residual interests in Homeco Daily Needs or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Homeco Daily's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Sell
Market Performance | Weak | Details | |
Volatility | Relatively risky | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Above Average | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Homeco Daily Trading Alerts and Improvement Suggestions
| Homeco Daily Needs may become a speculative penny stock | |
| Homeco Daily Needs has high likelihood to experience some financial distress in the next 2 years | |
| About 15.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: HomeCo Daily Needs REIT Announces New Securities Issuance - TipRanks |
Homeco Daily Returns Distribution Density
The distribution of Homeco Daily's historical returns is an attempt to chart the uncertainty of Homeco Daily's future price movements. The chart of the probability distribution of Homeco Daily daily returns describes the distribution of returns around its average expected value. We use Homeco Daily Needs price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Homeco Daily returns is essential to provide solid investment advice for Homeco Daily.
| Mean Return | 0.01 | Value At Risk | -1.6 | Potential Upside | 1.63 | Standard Deviation | 1.04 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Homeco Daily 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.
Homeco Daily 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 Homeco Daily or Retail REITs 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 Homeco Daily'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 Homeco 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 | -0.01 | |
β | Beta against Dow Jones | 0.06 | |
σ | Overall volatility | 1.03 | |
Ir | Information ratio | -0.12 |
Homeco Daily Volatility Alert
Homeco Daily Needs has relatively low volatility with skewness of -0.44 and kurtosis of 0.63. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Homeco Daily'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 Homeco Daily'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.Homeco Daily Fundamentals Vs Peers
Comparing Homeco Daily'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 Homeco Daily's direct or indirect competition across all of the common fundamentals between Homeco Daily and the related equities. This way, we can detect undervalued stocks with similar characteristics as Homeco Daily or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Homeco Daily's fundamental indicators could also be used in its relative valuation, which is a method of valuing Homeco Daily by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Homeco Daily to competition |
| Fundamentals | Homeco Daily | Peer Average |
| Return On Equity | 0.027 | -0.31 |
| Return On Asset | 0.0275 | -0.14 |
| Profit Margin | 0.25 % | (1.27) % |
| Operating Margin | 0.60 % | (5.51) % |
| Current Valuation | 4.29 B | 16.62 B |
| Shares Outstanding | 2.08 B | 571.82 M |
| Shares Owned By Insiders | 15.33 % | 10.09 % |
| Shares Owned By Institutions | 27.51 % | 39.21 % |
| Price To Book | 0.87 X | 9.51 X |
| Price To Sales | 7.96 X | 11.42 X |
| Revenue | 329.8 M | 9.43 B |
| Gross Profit | 252.9 M | 27.38 B |
| EBITDA | 210 M | 3.9 B |
| Net Income | 82 M | 570.98 M |
| Cash And Equivalents | 16.2 M | 2.7 B |
| Total Debt | 1.68 B | 5.32 B |
| Book Value Per Share | 1.44 X | 1.93 K |
| Cash Flow From Operations | 169.1 M | 971.22 M |
| Earnings Per Share | 0.04 X | 3.12 X |
| Target Price | 1.36 | |
| Beta | 0.78 | -0.15 |
| Market Capitalization | 2.62 B | 19.03 B |
| Total Asset | 4.79 B | 29.47 B |
| Retained Earnings | 63.2 M | 9.33 B |
| Working Capital | (300.2 M) | 1.48 B |
| Annual Yield | 0.07 % | |
| Net Asset | 4.79 B | |
| Last Dividend Paid | 0.083 |
Homeco Daily Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Homeco . 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 Homeco Daily Buy or Sell Advice
When is the right time to buy or sell Homeco Daily Needs? Buying financial instruments such as Homeco 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 Homeco Daily 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 Homeco Stock Analysis
When running Homeco Daily's price analysis, check to measure Homeco Daily'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 Homeco Daily is operating at the current time. Most of Homeco Daily's value examination focuses on studying past and present price action to predict the probability of Homeco Daily's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Homeco Daily's price. Additionally, you may evaluate how the addition of Homeco Daily to your portfolios can decrease your overall portfolio volatility.