Max Healthcare (India) Buy Hold or Sell Recommendation
| MAXHEALTH | 979.75 2.90 0.30% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Max Healthcare Institute is 'Strong Buy'. The recommendation algorithm takes into account all of Max Healthcare's available fundamental, technical, and predictive indicators you will find on this site.
Check out Max Healthcare 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 Max and provide practical buy, sell, or hold advice based on investors' constraints. Max Healthcare Institute. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
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Execute Max Healthcare Buy or Sell Advice
The Max recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Max Healthcare Institute. Macroaxis does not own or have any residual interests in Max Healthcare Institute or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Max Healthcare's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | Modest | Details | |
Volatility | Very steady | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Max Healthcare Trading Alerts and Improvement Suggestions
| Max Healthcare is unlikely to experience financial distress in the next 2 years | |
| About 24.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Max Healthcare shares 0.94 percent as Nifty - The Economic Times |
Max Healthcare Returns Distribution Density
The distribution of Max Healthcare's historical returns is an attempt to chart the uncertainty of Max Healthcare's future price movements. The chart of the probability distribution of Max Healthcare daily returns describes the distribution of returns around its average expected value. We use Max Healthcare Institute price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Max Healthcare returns is essential to provide solid investment advice for Max Healthcare.
| Mean Return | 0.21 | Value At Risk | -2.91 | Potential Upside | 3.62 | Standard Deviation | 2.25 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Max Healthcare 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.
Max Healthcare Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (173.1M) | 172.5M | (75.6M) | (148.7M) | 59M | 62.0M | |
| Change In Cash | 2.7B | 5.2B | (3.2B) | (2.7B) | (3.9B) | (3.7B) | |
| Free Cash Flow | 1.6B | (5.6M) | 1.9B | 8.7B | 3.4B | 3.6B | |
| Depreciation | 1.2B | 1.7B | 2.2B | 2.3B | 2.4B | 1.5B | |
| Other Non Cash Items | 879.4M | 3.1B | 334.1M | (228.2M) | (713.5M) | (677.8M) | |
| Capital Expenditures | 887.4M | 1.2B | 5.6B | 3.4B | 7.9B | 8.3B | |
| Net Income | 890.8M | (686.5M) | 7.4B | 10.6B | 10.6B | 11.1B | |
| End Period Cash Flow | 2.7B | 6.3B | 3.1B | 427.5M | 9.8B | 10.3B | |
| Investments | (21.4B) | (730M) | (1.7B) | (11.9B) | (12.9B) | (12.2B) | |
| Net Borrowings | 5.8B | (8.2B) | (2.1B) | (2.2B) | (2.0B) | (1.9B) | |
| Change To Netincome | 113M | 4.6B | 542.8M | (2.1B) | (1.9B) | (1.8B) |
Max Healthcare 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 Max Healthcare or Health Care Providers & Services 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 Max Healthcare'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 Max 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 | 0.20 | |
β | Beta against Dow Jones | 0.02 | |
σ | Overall volatility | 2.27 | |
Ir | Information ratio | 0.03 |
Max Healthcare Volatility Alert
Max Healthcare Institute has relatively low volatility with skewness of 0.66 and kurtosis of 1.8. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Max Healthcare'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 Max Healthcare'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.Max Healthcare Fundamentals Vs Peers
Comparing Max Healthcare'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 Max Healthcare's direct or indirect competition across all of the common fundamentals between Max Healthcare and the related equities. This way, we can detect undervalued stocks with similar characteristics as Max Healthcare or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Max Healthcare's fundamental indicators could also be used in its relative valuation, which is a method of valuing Max Healthcare by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Max Healthcare to competition |
| Fundamentals | Max Healthcare | Peer Average |
| Return On Equity | 0.13 | -0.31 |
| Return On Asset | 0.0705 | -0.14 |
| Profit Margin | 0.18 % | (1.27) % |
| Operating Margin | 0.21 % | (5.51) % |
| Current Valuation | 956.38 B | 16.62 B |
| Shares Outstanding | 972.13 M | 571.82 M |
| Shares Owned By Insiders | 23.74 % | 10.09 % |
| Shares Owned By Institutions | 53.14 % | 39.21 % |
| Price To Book | 10.82 X | 9.51 X |
| Price To Sales | 15.85 X | 11.42 X |
| Revenue | 54.06 B | 9.43 B |
| Gross Profit | 27.61 B | 27.38 B |
| EBITDA | 16.7 B | 3.9 B |
| Net Income | 10.58 B | 570.98 M |
| Total Debt | 15.08 B | 5.32 B |
| Book Value Per Share | 90.55 X | 1.93 K |
| Cash Flow From Operations | 11.22 B | 971.22 M |
| Earnings Per Share | 10.88 X | 3.12 X |
| Target Price | 1084.75 | |
| Number Of Employees | 19.5 K | 18.84 K |
| Beta | 0.27 | -0.15 |
| Market Capitalization | 952.45 B | 19.03 B |
| Total Asset | 120 B | 29.47 B |
| Retained Earnings | 21.89 B | 9.33 B |
| Working Capital | 4.57 B | 1.48 B |
| Annual Yield | 0 % | |
| Net Asset | 120 B |
Max Healthcare Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Max . 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 Max Healthcare Buy or Sell Advice
When is the right time to buy or sell Max Healthcare Institute? Buying financial instruments such as Max 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.
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Other Information on Investing in Max Stock
Max Healthcare financial ratios help investors to determine whether Max 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 Max with respect to the benefits of owning Max Healthcare security.