Home First (India) Buy Hold or Sell Recommendation
| HOMEFIRST | 1,087 17.10 1.60% |
Assuming the 90 days trading horizon and your slightly conservative level of risk, our recommendation regarding Home First Finance is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Home First Finance given historical horizon and risk tolerance towards Home First. When Macroaxis issues a 'buy' or 'sell' recommendation for Home First Finance, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Home First 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 Home and provide practical buy, sell, or hold advice based on investors' constraints. Home First Finance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
Home |
Execute Home First Buy or Sell Advice
The Home recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Home First Finance. Macroaxis does not own or have any residual interests in Home First Finance or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Home First's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Home First Trading Alerts and Improvement Suggestions
| Home First Finance is unlikely to experience financial distress in the next 2 years | |
| Home First generates negative cash flow from operations | |
| About 48.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Home First Finance Company India Receives Buy Rating, Shows Strong Long-Term Growth and Positive Technical Trend - MarketsMojo |
Home First Returns Distribution Density
The distribution of Home First's historical returns is an attempt to chart the uncertainty of Home First's future price movements. The chart of the probability distribution of Home First daily returns describes the distribution of returns around its average expected value. We use Home First Finance price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Home First returns is essential to provide solid investment advice for Home First.
| Mean Return | 0.09 | Value At Risk | -4.44 | Potential Upside | 5.07 | Standard Deviation | 2.82 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Home First 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.
Home First Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (380.0M) | 616.9M | 4.1B | (3.8B) | 5.9B | 6.2B | |
| Free Cash Flow | (8.3B) | (2.3B) | (8.1B) | (14.6B) | 2.8B | 2.9B | |
| Depreciation | 72.4M | 76.2M | 75.2M | 90.7M | 117.3M | 63.7M | |
| Other Non Cash Items | (176.7M) | (224.3M) | (2.7B) | (3.9B) | (834.3M) | (876.0M) | |
| Capital Expenditures | 42.3M | 26.5M | 35.2M | 71.5M | 80.0M | 48.0M | |
| Net Income | 1.1B | 1.3B | 2.3B | 3.0B | 3.1B | 3.2B | |
| End Period Cash Flow | 1.5B | 2.1B | 6.2B | 2.4B | 8.2B | 8.6B | |
| Investments | (1.1B) | (6.2B) | 7.9B | (2.8B) | (2.2B) | (2.1B) | |
| Net Borrowings | 9.1B | 5.7B | 5.6B | 4.1B | 3.7B | 4.5B | |
| Change To Netincome | 17.9M | 60.5M | 205.4M | (306.7M) | (276.0M) | (262.2M) |
Home First 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 Home First or Thrifts & Mortgage Finance 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 Home First'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 Home 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 | 0.11 | |
β | Beta against Dow Jones | -0.25 | |
σ | Overall volatility | 2.85 | |
Ir | Information ratio | -0.0063 |
Home First Volatility Alert
Home First Finance currently demonstrates below-average downside deviation. It has Information Ratio of -0.01 and Jensen Alpha of 0.11. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Home First'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 Home First'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.Home First Fundamentals Vs Peers
Comparing Home First'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 Home First's direct or indirect competition across all of the common fundamentals between Home First and the related equities. This way, we can detect undervalued stocks with similar characteristics as Home First or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Home First's fundamental indicators could also be used in its relative valuation, which is a method of valuing Home First by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Home First to competition |
| Fundamentals | Home First | Peer Average |
| Return On Equity | 0.16 | -0.31 |
| Return On Asset | 0.0354 | -0.14 |
| Profit Margin | 0.50 % | (1.27) % |
| Operating Margin | 0.62 % | (5.51) % |
| Current Valuation | 171.85 B | 16.62 B |
| Shares Outstanding | 89.24 M | 571.82 M |
| Shares Owned By Insiders | 47.64 % | 10.09 % |
| Shares Owned By Institutions | 33.30 % | 39.21 % |
| Price To Book | 4.17 X | 9.51 X |
| Price To Sales | 14.11 X | 11.42 X |
| Revenue | 6.08 B | 9.43 B |
| Gross Profit | 3.55 B | 27.38 B |
| EBITDA | 9 B | 3.9 B |
| Net Income | 3.06 B | 570.98 M |
| Total Debt | 73.02 B | 5.32 B |
| Book Value Per Share | 257.19 X | 1.93 K |
| Cash Flow From Operations | (19.08 B) | 971.22 M |
| Earnings Per Share | 37.65 X | 3.12 X |
| Target Price | 1256.0 | |
| Number Of Employees | 1.25 K | 18.84 K |
| Beta | 0.4 | -0.15 |
| Market Capitalization | 96.72 B | 19.03 B |
| Total Asset | 95.34 B | 29.47 B |
| Retained Earnings | 9.54 B | 9.33 B |
| Working Capital | 89.5 B | 1.48 B |
| Annual Yield | 0 % | |
| Net Asset | 95.34 B |
Home First Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Home . 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 Home First Buy or Sell Advice
When is the right time to buy or sell Home First Finance? Buying financial instruments such as Home 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 Home First 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 Money Market Funds Thematic Idea Now
Money Market Funds
Funds or Etfs investing in various types of short-term (less than one year) fixed income instruments of high-quality and liquidity. The Money Market Funds theme has 47 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 Money Market Funds Theme or any other thematic opportunities.
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Additional Tools for Home Stock Analysis
When running Home First's price analysis, check to measure Home First'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 Home First is operating at the current time. Most of Home First's value examination focuses on studying past and present price action to predict the probability of Home First's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Home First's price. Additionally, you may evaluate how the addition of Home First to your portfolios can decrease your overall portfolio volatility.