HEG (India) Buy Hold or Sell Recommendation
| HEG Stock | 568.30 21.35 3.90% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding HEG Limited is 'Buy'. Macroaxis provides HEG buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding HEG positions.
Check out HEG 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 HEG and provide practical buy, sell, or hold advice based on investors' constraints. HEG Limited. 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.
HEG |
Execute HEG Buy or Sell Advice
The HEG recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on HEG Limited. Macroaxis does not own or have any residual interests in HEG Limited or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute HEG's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Buy
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Responds to the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
HEG Trading Alerts and Improvement Suggestions
| HEG Limited appears to be risky and price may revert if volatility continues | |
| About 60.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: HEG Limiteds PE Is Still On The Mark Following 35 percent Share Price Bounce - Simply Wall St |
HEG Returns Distribution Density
The distribution of HEG's historical returns is an attempt to chart the uncertainty of HEG's future price movements. The chart of the probability distribution of HEG daily returns describes the distribution of returns around its average expected value. We use HEG Limited price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of HEG returns is essential to provide solid investment advice for HEG.
| Mean Return | 0.61 | Value At Risk | -4.56 | Potential Upside | 8.63 | Standard Deviation | 4.13 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of HEG 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.
HEG Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 3.0B | 4.2B | (4.0B) | (4.6B) | 2.5B | 2.6B | |
| Change In Cash | 36.4M | (114.3M) | 196.6M | (77.4M) | 1.0B | 1.1B | |
| Free Cash Flow | 6.4B | 4.6B | (5.0B) | (3.7B) | 2.4B | 2.0B | |
| Depreciation | 721.3M | 731.2M | 792.9M | 1.0B | 1.7B | 1.8B | |
| Other Non Cash Items | (2.1B) | (751.3M) | (2.3B) | (2.8B) | (1.1B) | (1.1B) | |
| Dividends Paid | (3.2B) | 2.9B | 120.9M | 1.5B | (1.6B) | (1.6B) | |
| Capital Expenditures | 2.2B | 2.7B | 3.6B | 4.8B | 3.7B | 3.9B | |
| Net Income | 292.9M | (307.6M) | 5.6B | 6.8B | 3.1B | 5.2B | |
| End Period Cash Flow | 328.0M | 213.7M | 410.4M | 333M | 1.4B | 1.4B | |
| Investments | (2.2B) | (442.3M) | 2.6B | (211.1M) | (1.9B) | (1.8B) | |
| Net Borrowings | 3.7B | (741.4M) | (3.0B) | 3.7B | 4.2B | 4.4B | |
| Change To Netincome | (755.4M) | (2.4B) | (879.5M) | (961.1M) | (865.0M) | (821.8M) |
HEG 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 HEG or Electrical Equipment 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 HEG'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 HEG 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 | 0.46 | |
β | Beta against Dow Jones | 1.57 | |
σ | Overall volatility | 4.20 | |
Ir | Information ratio | 0.12 |
HEG Volatility Alert
HEG Limited shows above-average downside volatility for the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure HEG'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 HEG'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.HEG Fundamentals Vs Peers
Comparing HEG'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 HEG's direct or indirect competition across all of the common fundamentals between HEG and the related equities. This way, we can detect undervalued stocks with similar characteristics as HEG or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of HEG's fundamental indicators could also be used in its relative valuation, which is a method of valuing HEG by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare HEG to competition |
| Fundamentals | HEG | Peer Average |
| Return On Equity | 0.0449 | -0.31 |
| Return On Asset | 0.023 | -0.14 |
| Profit Margin | 0.09 % | (1.27) % |
| Operating Margin | (0.02) % | (5.51) % |
| Current Valuation | 109.95 B | 16.62 B |
| Shares Outstanding | 192.98 M | 571.82 M |
| Shares Owned By Insiders | 59.55 % | 10.09 % |
| Shares Owned By Institutions | 21.48 % | 39.21 % |
| Price To Book | 2.47 X | 9.51 X |
| Price To Sales | 4.86 X | 11.42 X |
| Revenue | 23.95 B | 9.43 B |
| Gross Profit | 13.73 B | 27.38 B |
| EBITDA | 5.24 B | 3.9 B |
| Net Income | 3.12 B | 570.98 M |
| Cash And Equivalents | 6.57 B | 2.7 B |
| Total Debt | 6.23 B | 5.32 B |
| Book Value Per Share | 229.35 X | 1.93 K |
| Cash Flow From Operations | 6.12 B | 971.22 M |
| Earnings Per Share | 10.12 X | 3.12 X |
| Target Price | 508.0 | |
| Number Of Employees | 1.07 K | 18.84 K |
| Beta | 1.57 | -0.15 |
| Market Capitalization | 78.19 B | 19.03 B |
| Total Asset | 57.01 B | 29.47 B |
| Retained Earnings | 42.63 B | 9.33 B |
| Working Capital | 14.62 B | 1.48 B |
| Annual Yield | 0.01 % | |
| Net Asset | 57.01 B | |
| Last Dividend Paid | 4.5 |
HEG Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as HEG . 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 HEG Buy or Sell Advice
When is the right time to buy or sell HEG Limited? Buying financial instruments such as HEG 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 HEG 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 ESG Investing Thematic Idea Now
ESG Investing
Sustainable investments that promote the conservation of the natural world, social resposibility, freindly employees policies and strong governance. The ESG Investing theme has 51 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 ESG Investing Theme or any other thematic opportunities.
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Other Information on Investing in HEG Stock
HEG financial ratios help investors to determine whether HEG Stock 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 HEG with respect to the benefits of owning HEG security.