Tracxn Technologies (India) Buy Hold or Sell Recommendation
| TRACXN Stock | 72.82 2.05 2.74% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Tracxn Technologies Limited is 'Cautious Hold'. Macroaxis provides Tracxn Technologies buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding TRACXN positions.
Check out Tracxn Technologies 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. In addition, we conduct extensive research on individual companies such as Tracxn and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Tracxn Technologies 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 interest.
Tracxn |
Execute Tracxn Technologies Buy or Sell Advice
The Tracxn recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Tracxn Technologies Limited. Macroaxis does not own or have any residual interests in Tracxn Technologies Limited or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Tracxn Technologies' 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 | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Tracxn Technologies Trading Alerts and Improvement Suggestions
| Tracxn Technologies generated a negative expected return over the last 90 days | |
| Tracxn Technologies is unlikely to experience financial distress in the next 2 years | |
| About 39.0% of the company outstanding shares are owned by corporate insiders |
Tracxn Technologies Returns Distribution Density
The distribution of Tracxn Technologies' historical returns is an attempt to chart the uncertainty of Tracxn Technologies' future price movements. The chart of the probability distribution of Tracxn Technologies daily returns describes the distribution of returns around its average expected value. We use Tracxn Technologies Limited price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Tracxn Technologies returns is essential to provide solid investment advice for Tracxn Technologies.
| Mean Return | -0.34 | Value At Risk | -2.97 | Potential Upside | 2.37 | Standard Deviation | 1.75 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Tracxn Technologies 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.
Tracxn Technologies Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (2.0M) | (4.9M) | 13.9M | (5.6M) | 21.5M | 22.6M | |
| Stock Based Compensation | 24.8M | 27.3M | 32.7M | 54.1M | 47.7M | 36.5M | |
| Free Cash Flow | (154.1M) | (60.7M) | 4.0M | 148.5M | 112.1M | 117.7M | |
| Change In Working Capital | 41.9M | 87.5M | 50.9M | 4.2M | 43.3M | 34.9M | |
| Other Cashflows From Financing Activities | 209.5M | 1.9M | 8.4M | (2K) | (94.1M) | (89.4M) | |
| Depreciation | 5.6M | 2.5M | 1.5M | 1.9M | 1.7M | 2.9M | |
| Other Non Cash Items | (548.0K) | (10.2M) | (10.6M) | (13.0M) | (45.2M) | (47.5M) | |
| Capital Expenditures | 152.0K | 102.6K | 1.6M | 3.1M | 400K | 380K | |
| Total Cash From Operating Activities | (153.9M) | (60.6M) | 5.6M | 151.6M | 112.5M | 118.1M | |
| Change To Account Receivables | (4.5M) | (10.8M) | (19.2M) | (28.9M) | 11.7M | 12.3M | |
| Net Income | (540.3M) | (53.5M) | (48.5M) | 99.5M | 65.0M | 68.3M | |
| End Period Cash Flow | 23.0M | 18.0M | 31.9M | 26.3M | 47.8M | 29.8M | |
| Begin Period Cash Flow | 25.0M | 23.0M | 18.0M | 31.9M | 26.3M | 26.0M |
Tracxn Technologies 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 Tracxn Technologies or Software 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 Tracxn Technologies' 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 Tracxn 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 | -0.38 | |
β | Beta against Dow Jones | 0.31 | |
σ | Overall volatility | 1.80 | |
Ir | Information ratio | -0.27 |
Tracxn Technologies Volatility Alert
Tracxn Technologies Limited exhibits very low volatility with skewness of 0.18 and kurtosis of 0.17. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Tracxn Technologies' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Tracxn Technologies' 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.Tracxn Technologies Fundamentals Vs Peers
Comparing Tracxn Technologies' 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 Tracxn Technologies' direct or indirect competition across all of the common fundamentals between Tracxn Technologies and the related equities. This way, we can detect undervalued stocks with similar characteristics as Tracxn Technologies or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Tracxn Technologies' fundamental indicators could also be used in its relative valuation, which is a method of valuing Tracxn Technologies by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Tracxn Technologies to competition |
| Fundamentals | Tracxn Technologies | Peer Average |
| Return On Equity | 0.0996 | -0.31 |
| Return On Asset | 0.0262 | -0.14 |
| Profit Margin | 0.08 % | (1.27) % |
| Operating Margin | 0.01 % | (5.51) % |
| Current Valuation | 7.07 B | 16.62 B |
| Shares Outstanding | 105.44 M | 571.82 M |
| Shares Owned By Insiders | 38.84 % | 10.09 % |
| Shares Owned By Institutions | 13.17 % | 39.21 % |
| Price To Book | 11.40 X | 9.51 X |
| Price To Sales | 9.66 X | 11.42 X |
| Revenue | 827.71 M | 9.43 B |
| Gross Profit | 109.9 M | 27.38 B |
| EBITDA | 45.87 M | 3.9 B |
| Net Income | 65.01 M | 570.98 M |
| Total Debt | 421.96 M | 5.32 B |
| Book Value Per Share | 6.85 X | 1.93 K |
| Cash Flow From Operations | 112.47 M | 971.22 M |
| Earnings Per Share | 0.02 X | 3.12 X |
| Number Of Employees | 720 | 18.84 K |
| Beta | 0.95 | -0.15 |
| Market Capitalization | 8.07 B | 19.03 B |
| Total Asset | 1.13 B | 29.47 B |
| Retained Earnings | (778.95 M) | 9.33 B |
| Net Asset | 1.13 B |
Tracxn Technologies Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Tracxn . 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 Tracxn Technologies Buy or Sell Advice
When is the right time to buy or sell Tracxn Technologies Limited? Buying financial instruments such as Tracxn 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 Tracxn Technologies 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 Agriculture Thematic Idea Now
Agriculture
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Agriculture theme has 30 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 Agriculture Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Tracxn Stock
Tracxn Technologies financial ratios help investors to determine whether Tracxn 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 Tracxn with respect to the benefits of owning Tracxn Technologies security.