Resmed (Australia) Buy Hold or Sell Recommendation
| RMD Stock | 38.40 0.19 0.49% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Resmed Inc DRC is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Resmed Inc DRC given historical horizon and risk tolerance towards Resmed. When Macroaxis issues a 'buy' or 'sell' recommendation for Resmed Inc DRC, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Resmed 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 Resmed and provide practical buy, sell, or hold advice based on investors' constraints. Resmed Inc DRC. 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.
Resmed |
Execute Resmed Buy or Sell Advice
The Resmed recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Resmed Inc DRC. Macroaxis does not own or have any residual interests in Resmed Inc DRC or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Resmed's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Modest | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Resmed Trading Alerts and Improvement Suggestions
| Resmed Inc DRC is unlikely to experience financial distress in the next 2 years | |
| Latest headline from news.google.com: Australia shares higher at close of trade SPASX 200 up 0.06 percent - MSN |
Resmed Returns Distribution Density
The distribution of Resmed's historical returns is an attempt to chart the uncertainty of Resmed's future price movements. The chart of the probability distribution of Resmed daily returns describes the distribution of returns around its average expected value. We use Resmed Inc DRC price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Resmed returns is essential to provide solid investment advice for Resmed.
| Mean Return | 0.12 | Value At Risk | -2.5 | Potential Upside | 2.10 | Standard Deviation | 1.52 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Resmed 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.
Resmed Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (69.9M) | (22.0M) | (311.7M) | (248.8M) | 172.2M | 180.8M | |
| Change In Cash | 316.0M | (167.9M) | (21.6M) | (45.8M) | 10.5M | 6.0M | |
| Free Cash Flow | 696.3M | 619.9M | 195.1M | 559.3M | 1.3B | 1.4B | |
| Depreciation | 181.4M | 191.5M | 193.8M | 197.6M | 216.2M | 227.0M | |
| Other Non Cash Items | (7K) | 8.7M | 20.7M | (11.1M) | 39.1M | 41.1M | |
| Capital Expenditures | 105.9M | 116.8M | 156.0M | 134M | 114.9M | 66.9M | |
| Net Income | 621.7M | 474.5M | 779.4M | 897.6M | 1.0B | 1.1B | |
| End Period Cash Flow | 463.2M | 295.3M | 273.7M | 227.9M | 238.4M | 333.5M | |
| Dividends Paid | 225.1M | 226.7M | 245.3M | 258.3M | 282.3M | 205.5M | |
| Investments | (31.6M) | (21.8M) | (13.9M) | (1.2B) | (269.8M) | (283.3M) | |
| Net Borrowings | (94.0M) | (522M) | 122M | 665M | 764.8M | 803.0M | |
| Change To Netincome | 97.1M | 74.4M | 85.9M | 60.3M | 69.4M | 65.8M |
Resmed 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 Resmed or Health Care Equipment & Supplies 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 Resmed'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 Resmed 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 | 0.12 | |
β | Beta against Dow Jones | -0.07 | |
σ | Overall volatility | 1.51 | |
Ir | Information ratio | -0.0096 |
Resmed Volatility Alert
Resmed Inc DRC has relatively low volatility with skewness of 0.61 and kurtosis of 2.49. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Resmed'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 Resmed'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.Resmed Fundamentals Vs Peers
Comparing Resmed'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 Resmed's direct or indirect competition across all of the common fundamentals between Resmed and the related equities. This way, we can detect undervalued stocks with similar characteristics as Resmed or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Resmed's fundamental indicators could also be used in its relative valuation, which is a method of valuing Resmed by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Resmed to competition |
| Fundamentals | Resmed | Peer Average |
| Return On Equity | 0.24 | -0.31 |
| Return On Asset | 0.13 | -0.14 |
| Profit Margin | 0.23 % | (1.27) % |
| Operating Margin | 0.32 % | (5.51) % |
| Current Valuation | 56.98 B | 16.62 B |
| Shares Outstanding | 1.47 B | 571.82 M |
| Shares Owned By Institutions | 10.49 % | 39.21 % |
| Price To Book | 7.05 X | 9.51 X |
| Price To Sales | 11.76 X | 11.42 X |
| Revenue | 4.69 B | 9.43 B |
| Gross Profit | 2.39 B | 27.38 B |
| EBITDA | 1.53 B | 3.9 B |
| Net Income | 1.02 B | 570.98 M |
| Cash And Equivalents | 273.71 M | 2.7 B |
| Total Debt | 873.93 M | 5.32 B |
| Book Value Per Share | 35.39 X | 1.93 K |
| Cash Flow From Operations | 1.4 B | 971.22 M |
| Earnings Per Share | 1.16 X | 3.12 X |
| Price To Earnings To Growth | 1.89 X | 4.89 X |
| Target Price | 25.93 | |
| Beta | 0.69 | -0.15 |
| Market Capitalization | 56.53 B | 19.03 B |
| Total Asset | 6.87 B | 29.47 B |
| Retained Earnings | 4.99 B | 9.33 B |
| Working Capital | 1.45 B | 1.48 B |
| Annual Yield | 0.01 % | |
| Net Asset | 6.87 B | |
| Last Dividend Paid | 1.97 |
Resmed Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Resmed . 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 Resmed Buy or Sell Advice
When is the right time to buy or sell Resmed Inc DRC? Buying financial instruments such as Resmed 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 Resmed 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 Real Estate ETFs Thematic Idea Now
Real Estate ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Real Estate ETFs theme has 65 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 Real Estate ETFs Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for Resmed Stock Analysis
When running Resmed's price analysis, check to measure Resmed'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 Resmed is operating at the current time. Most of Resmed's value examination focuses on studying past and present price action to predict the probability of Resmed's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Resmed's price. Additionally, you may evaluate how the addition of Resmed to your portfolios can decrease your overall portfolio volatility.