Raj Rayon (India) Buy Hold or Sell Recommendation
| RAJRILTD | 22.34 0.46 2.02% |
Assuming the 90 days trading horizon and your typical level of risk aversion, our recommendation regarding Raj Rayon Industries is 'Cautious Hold'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Raj Rayon Industries given historical horizon and risk tolerance towards Raj Rayon. When Macroaxis issues a 'buy' or 'sell' recommendation for Raj Rayon Industries, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Raj Rayon 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 Raj and provide practical buy, sell, or hold advice based on investors' constraints. Raj Rayon Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Raj |
Execute Raj Rayon Buy or Sell Advice
The Raj recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Raj Rayon Industries. Macroaxis does not own or have any residual interests in Raj Rayon Industries or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Raj Rayon's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Raj Rayon Trading Alerts and Improvement Suggestions
| Raj Rayon Industries generated a negative expected return over the last 90 days | |
| About 98.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Raj Rayon Ind Standalone September 2024 Net Sales at Rs 211.98 crore, up 18.01 percent Y-o-Y - Moneycontrol |
Raj Rayon Returns Distribution Density
The distribution of Raj Rayon's historical returns is an attempt to chart the uncertainty of Raj Rayon's future price movements. The chart of the probability distribution of Raj Rayon daily returns describes the distribution of returns around its average expected value. We use Raj Rayon Industries price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Raj Rayon returns is essential to provide solid investment advice for Raj Rayon.
| Mean Return | -0.02 | Value At Risk | -2.03 | Potential Upside | 1.99 | Standard Deviation | 1.58 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Raj Rayon 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.
Raj Rayon Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 4.5M | 111K | (3.3M) | (741.1M) | (283.6M) | (269.4M) | |
| Change In Cash | 163K | 508K | 314K | 1.1M | 292.8M | 307.4M | |
| Free Cash Flow | 128K | 191K | (107.5M) | (1.4B) | (227.1M) | (238.5M) | |
| Depreciation | 361.1M | 355.0M | 279.9M | 134.6M | 113.5M | 107.8M | |
| Other Non Cash Items | (34.1M) | (317K) | (6.7B) | 9.2M | 42.1M | 44.2M | |
| Capital Expenditures | 154K | 58.1M | 40.9M | 648.0M | 922.7M | 968.8M | |
| Net Income | (339.1M) | (347.8M) | 6.4B | (125.4M) | 99.3M | 104.3M | |
| End Period Cash Flow | 78K | 586K | 900K | 2.0M | 294.9M | 309.6M |
Raj Rayon 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 Raj Rayon or Textiles, Apparel & Luxury Goods 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 Raj Rayon'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 Raj 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 | -0.06 | |
β | Beta against Dow Jones | 0.28 | |
σ | Overall volatility | 1.54 | |
Ir | Information ratio | -0.1 |
Raj Rayon Volatility Alert
Raj Rayon Industries exhibits very low volatility with skewness of 0.1 and kurtosis of -1.51. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Raj Rayon'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 Raj Rayon'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.Raj Rayon Fundamentals Vs Peers
Comparing Raj Rayon'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 Raj Rayon's direct or indirect competition across all of the common fundamentals between Raj Rayon and the related equities. This way, we can detect undervalued stocks with similar characteristics as Raj Rayon or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Raj Rayon's fundamental indicators could also be used in its relative valuation, which is a method of valuing Raj Rayon by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Raj Rayon to competition |
| Fundamentals | Raj Rayon | Peer Average |
| Return On Equity | 0.0381 | -0.31 |
| Return On Asset | 0.0272 | -0.14 |
| Profit Margin | 0.0003 % | (1.27) % |
| Operating Margin | 0 % | (5.51) % |
| Current Valuation | 14.05 B | 16.62 B |
| Shares Outstanding | 556.08 M | 571.82 M |
| Shares Owned By Insiders | 97.84 % | 10.09 % |
| Price To Book | 12.63 X | 9.51 X |
| Price To Sales | 1.60 X | 11.42 X |
| Revenue | 7.45 B | 9.43 B |
| Gross Profit | 269.28 M | 27.38 B |
| EBITDA | 272.74 M | 3.9 B |
| Net Income | 99.3 M | 570.98 M |
| Total Debt | 1.76 B | 5.32 B |
| Book Value Per Share | 1.50 X | 1.93 K |
| Cash Flow From Operations | 695.57 M | 971.22 M |
| Earnings Per Share | (0.14) X | 3.12 X |
| Number Of Employees | 317 | 18.84 K |
| Beta | -1.71 | -0.15 |
| Market Capitalization | 12.71 B | 19.03 B |
| Total Asset | 4.21 B | 29.47 B |
| Retained Earnings | (852.36 M) | 9.33 B |
| Working Capital | (149.49 M) | 1.48 B |
| Net Asset | 4.21 B |
Raj Rayon Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Raj . 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 | 396.43 | |||
| Daily Balance Of Power | (0.92) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 22.59 | |||
| Day Typical Price | 22.51 | |||
| Price Action Indicator | (0.48) | |||
| Period Momentum Indicator | (0.46) | |||
| Relative Strength Index | 62.66 |
About Raj Rayon Buy or Sell Advice
When is the right time to buy or sell Raj Rayon Industries? Buying financial instruments such as Raj 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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Additional Tools for Raj Stock Analysis
When running Raj Rayon's price analysis, check to measure Raj Rayon'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 Raj Rayon is operating at the current time. Most of Raj Rayon's value examination focuses on studying past and present price action to predict the probability of Raj Rayon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Raj Rayon's price. Additionally, you may evaluate how the addition of Raj Rayon to your portfolios can decrease your overall portfolio volatility.