Manaksia Steels (India) Buy Hold or Sell Recommendation
| MANAKSTEEL | 62.15 1.15 1.89% |
Assuming the 90 days trading horizon and your typical level of risk aversion, our recommendation regarding Manaksia Steels Limited is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Manaksia Steels Limited given historical horizon and risk tolerance towards Manaksia Steels. When Macroaxis issues a 'buy' or 'sell' recommendation for Manaksia Steels Limited, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Manaksia Steels 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 Manaksia and provide practical buy, sell, or hold advice based on investors' constraints. Manaksia Steels 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 industry.
Manaksia |
Execute Manaksia Steels Buy or Sell Advice
The Manaksia recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Manaksia Steels Limited. Macroaxis does not own or have any residual interests in Manaksia Steels Limited or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Manaksia Steels' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Insignificant | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Manaksia Steels Trading Alerts and Improvement Suggestions
| Manaksia Steels had very high historical volatility over the last 90 days | |
| Manaksia Steels is unlikely to experience financial distress in the next 2 years | |
| Manaksia Steels Limited has accumulated about 35.2 M in cash with (521.5 M) of positive cash flow from operations. | |
| Roughly 75.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Manaksia Steels Standalone September 2024 Net Sales at Rs 95.45 crore, down 38.25 percent Y-o-Y - Moneycontrol |
Manaksia Steels Returns Distribution Density
The distribution of Manaksia Steels' historical returns is an attempt to chart the uncertainty of Manaksia Steels' future price movements. The chart of the probability distribution of Manaksia Steels daily returns describes the distribution of returns around its average expected value. We use Manaksia Steels Limited price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Manaksia Steels returns is essential to provide solid investment advice for Manaksia Steels.
| Mean Return | 0.21 | Value At Risk | -4.07 | Potential Upside | 5.31 | Standard Deviation | 3.07 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Manaksia Steels 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.
Manaksia Steels Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 231.2M | (271.1M) | (10.9M) | (38.8M) | (32.3M) | (30.6M) | |
| Free Cash Flow | (148.4M) | 349.4M | (74.7M) | 159.4M | (908.7M) | (863.3M) | |
| Other Non Cash Items | (50.6M) | (118.8M) | (180.5M) | (73.6M) | (36.2M) | (38.0M) | |
| Capital Expenditures | 110.0M | 7.3M | 69.1M | 82.2M | 387.2M | 406.6M | |
| Net Income | 105.3M | 344.1M | 489.3M | 171.1M | 283.8M | 207.8M | |
| End Period Cash Flow | 435.2M | 164.1M | 153.2M | 114.4M | 82.1M | 78.0M | |
| Change To Inventory | (488.7M) | 525.4M | (186.7M) | (208.2M) | (145.8M) | (138.5M) | |
| Depreciation | 93.8M | 101.4M | 108.6M | 102.8M | 69.6M | 86.1M | |
| Investments | (227.2M) | (735.9M) | 560.8M | (646.5M) | (843.5M) | (801.4M) | |
| Net Borrowings | 556.1M | 67.5M | (575.0M) | 393.2M | 353.9M | 371.6M | |
| Change To Netincome | (31.3M) | (40.2M) | (44.4M) | (24.4M) | (22.0M) | (23.1M) |
Manaksia Steels 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 Manaksia Steels or Metals & Mining 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 Manaksia Steels' 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 Manaksia 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 | 0.17 | |
β | Beta against Dow Jones | 0.25 | |
σ | Overall volatility | 3.12 | |
Ir | Information ratio | 0.03 |
Manaksia Steels Volatility Alert
Manaksia Steels Limited currently demonstrates below-average downside deviation. It has Information Ratio of 0.03 and Jensen Alpha of 0.17. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Manaksia Steels' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Manaksia Steels' 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.Manaksia Steels Fundamentals Vs Peers
Comparing Manaksia Steels' 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 Manaksia Steels' direct or indirect competition across all of the common fundamentals between Manaksia Steels and the related equities. This way, we can detect undervalued stocks with similar characteristics as Manaksia Steels or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Manaksia Steels' fundamental indicators could also be used in its relative valuation, which is a method of valuing Manaksia Steels by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Manaksia Steels to competition |
| Fundamentals | Manaksia Steels | Peer Average |
| Return On Equity | 0.0961 | -0.31 |
| Return On Asset | 0.0405 | -0.14 |
| Profit Margin | 0.03 % | (1.27) % |
| Operating Margin | 0.01 % | (5.51) % |
| Current Valuation | 4.68 B | 16.62 B |
| Shares Outstanding | 65.53 M | 571.82 M |
| Shares Owned By Insiders | 74.74 % | 10.09 % |
| Price To Book | 1.34 X | 9.51 X |
| Price To Sales | 0.64 X | 11.42 X |
| Revenue | 6.81 B | 9.43 B |
| Gross Profit | 1.16 B | 27.38 B |
| EBITDA | 530.03 M | 3.9 B |
| Net Income | 283.84 M | 570.98 M |
| Cash And Equivalents | 35.2 M | 2.7 B |
| Total Debt | 1.86 B | 5.32 B |
| Book Value Per Share | 45.84 X | 1.93 K |
| Cash Flow From Operations | (521.5 M) | 971.22 M |
| Earnings Per Share | 1.84 X | 3.12 X |
| Number Of Employees | 192 | 18.84 K |
| Beta | 0.92 | -0.15 |
| Market Capitalization | 4.06 B | 19.03 B |
| Total Asset | 5.2 B | 29.47 B |
| Retained Earnings | 2.41 B | 9.33 B |
| Working Capital | 1.65 B | 1.48 B |
| Net Asset | 5.2 B |
Manaksia Steels Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Manaksia . 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.
| Accumulation Distribution | 363.04 | |||
| Daily Balance Of Power | 1.138614 | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 62.5 | |||
| Day Typical Price | 62.38 | |||
| Price Action Indicator | 0.23 | |||
| Period Momentum Indicator | 1.15 |
About Manaksia Steels Buy or Sell Advice
When is the right time to buy or sell Manaksia Steels Limited? Buying financial instruments such as Manaksia 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 Manaksia Steels 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 Manaksia Stock Analysis
When running Manaksia Steels' price analysis, check to measure Manaksia Steels' 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 Manaksia Steels is operating at the current time. Most of Manaksia Steels' value examination focuses on studying past and present price action to predict the probability of Manaksia Steels' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Manaksia Steels' price. Additionally, you may evaluate how the addition of Manaksia Steels to your portfolios can decrease your overall portfolio volatility.