NetApp (Germany) Buy Hold or Sell Recommendation

NTA Stock  EUR 118.90  3.54  2.89%   
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding NetApp Inc is 'Hold'. Macroaxis provides NetApp buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding NetApp positions.
  
Check out NetApp 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 NetApp and provide practical buy, sell, or hold advice based on investors' constraints. NetApp Inc. 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.

Execute NetApp Buy or Sell Advice

The NetApp recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on NetApp Inc. Macroaxis does not own or have any residual interests in NetApp Inc or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute NetApp's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell NetAppBuy NetApp
Hold

Market Performance

OKDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

OvervaluedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Follows the market closelyDetails

Analyst Consensus

Not AvailableDetails

Reporting Quality (M-Score)

InapplicableDetails
For the selected time horizon NetApp Inc has a Risk Adjusted Performance of 0.0994, Jensen Alpha of 0.1806, Total Risk Alpha of (0.07), Sortino Ratio of 0.057 and Treynor Ratio of 0.4236
Macroaxis provides trade recommendations on NetApp Inc to complement and cross-verify current analyst consensus on NetApp. Our advice engine determines the firm's potential to grow exclusively from the perspective of an investor's current risk tolerance and investing horizon. To make sure NetApp Inc is not overpriced, please verify all NetApp Inc fundamentals, including its price to book, revenue, ebitda, as well as the relationship between the price to sales and gross profit .

NetApp Trading Alerts and Improvement Suggestions

NetApp Inc has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
Over 92.0% of the company shares are owned by institutional investors

NetApp Returns Distribution Density

The distribution of NetApp's historical returns is an attempt to chart the uncertainty of NetApp's future price movements. The chart of the probability distribution of NetApp daily returns describes the distribution of returns around its average expected value. We use NetApp Inc price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of NetApp returns is essential to provide solid investment advice for NetApp.
Mean Return
0.26
Value At Risk
-2.93
Potential Upside
2.83
Standard Deviation
2.00
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of NetApp 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.

NetApp 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 NetApp or Technology 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 NetApp'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 NetApp 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
0.18
β
Beta against Dow Jones0.58
σ
Overall volatility
2.01
Ir
Information ratio 0.07

NetApp Volatility Alert

NetApp Inc currently demonstrates below-average downside deviation. It has Information Ratio of 0.07 and Jensen Alpha of 0.18. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure NetApp'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 NetApp'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.

NetApp Fundamentals Vs Peers

Comparing NetApp'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 NetApp's direct or indirect competition across all of the common fundamentals between NetApp and the related equities. This way, we can detect undervalued stocks with similar characteristics as NetApp or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of NetApp's fundamental indicators could also be used in its relative valuation, which is a method of valuing NetApp by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare NetApp to competition
FundamentalsNetAppPeer Average
Return On Equity1.3-0.31
Return On Asset0.0741-0.14
Profit Margin0.20 %(1.27) %
Operating Margin0.18 %(5.51) %
Current Valuation12.81 B16.62 B
Shares Outstanding215.57 M571.82 M
Shares Owned By Insiders0.30 %10.09 %
Shares Owned By Institutions92.15 %39.21 %
Price To Earning11.70 X28.72 X
Price To Book11.45 X9.51 X
Price To Sales1.94 X11.42 X
Revenue6.32 B9.43 B
Gross Profit4.22 B27.38 B
EBITDA1.4 B3.9 B
Net Income937 M570.98 M
Cash And Equivalents3.9 B2.7 B
Cash Per Share16.27 X5.01 X
Total Debt2.39 B5.32 B
Debt To Equity164.40 %48.70 %
Current Ratio1.45 X2.16 X
Book Value Per Share5.10 X1.93 K
Cash Flow From Operations1.21 B971.22 M
Earnings Per Share5.46 X3.12 X
Price To Earnings To Growth1.06 X4.89 X
Target Price92.14
Number Of Employees12 K18.84 K
Beta1.17-0.15
Market Capitalization13.07 B19.03 B
Total Asset10.03 B29.47 B
Z Score3.08.72
Annual Yield0.03 %
Five Year Return1.77 %
Net Asset10.03 B

NetApp Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as NetApp . 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 NetApp Buy or Sell Advice

When is the right time to buy or sell NetApp Inc? Buying financial instruments such as NetApp 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 NetApp 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.

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Absolute Returns ETFs
Absolute Returns ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Absolute Returns ETFs theme has 45 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 Absolute Returns ETFs Theme or any other thematic opportunities.
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Additional Information and Resources on Investing in NetApp Stock

When determining whether NetApp Inc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if NetApp Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Netapp Inc Stock. Highlighted below are key reports to facilitate an investment decision about Netapp Inc Stock:
Check out NetApp 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.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Please note, there is a significant difference between NetApp's value and its price as these two are different measures arrived at by different means. Investors typically determine if NetApp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NetApp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.