Conair Stock Buy Hold or Sell Recommendation
| CNGA Stock | USD 0.34 0.00 0.00% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Conair is 'Strong Sell'. Macroaxis provides Conair buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Conair positions. The advice algorithm takes into account all of Conair's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Conair's buy or sell advice are summarized below:
Real Value 0.33 | Hype Value 0.34 | Market Value 0.34 | Naive Value 0.38 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Conair given historical horizon and risk tolerance towards Conair. When Macroaxis issues a 'buy' or 'sell' recommendation for Conair, the advice is generated through an automated system that utilizes algorithms and statistical models.
Conair |
Execute Conair Buy or Sell Advice
The Conair recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Conair. Macroaxis does not own or have any residual interests in Conair or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Conair's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Out of control | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Conair Trading Alerts and Improvement Suggestions
| Conair generated a negative expected return over the last 90 days | |
| Conair has some characteristics of a very speculative penny stock | |
| Conair has high historical volatility and very poor performance |
Conair Returns Distribution Density
The distribution of Conair's historical returns is an attempt to chart the uncertainty of Conair's future price movements. The chart of the probability distribution of Conair daily returns describes the distribution of returns around its average expected value. We use Conair price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Conair returns is essential to provide solid investment advice for Conair.
| Mean Return | -0.62 | Value At Risk | 0.00 | Potential Upside | 0.00 | Standard Deviation | 3.62 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Conair 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.
Conair 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 Conair or Industrials 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 Conair's price will be affected by overall pink sheet 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 Conair pink sheet'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 NYSE Composite | -0.67 | |
β | Beta against NYSE Composite | 0.41 | |
σ | Overall volatility | 3.70 | |
Ir | Information ratio | -0.2 |
Conair Volatility Alert
Conair exhibits very low volatility with skewness of -5.33 and kurtosis of 28.39. Conair is a potential penny stock. Although Conair may be in fact a good instrument to invest, many penny pink sheets are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Conair. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Conair instrument if you perfectly time your entry and exit. However, remember that penny pink sheets that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Conair Fundamentals Vs Peers
Comparing Conair'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 Conair's direct or indirect competition across all of the common fundamentals between Conair and the related equities. This way, we can detect undervalued stocks with similar characteristics as Conair or determine the pink sheets which would be an excellent addition to an existing portfolio. Peer analysis of Conair's fundamental indicators could also be used in its relative valuation, which is a method of valuing Conair by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Conair to competition |
| Fundamentals | Conair | Peer Average |
| Current Valuation | 2.04 M | 16.62 B |
| Net Income | 722.91 K | 570.98 M |
| Cash And Equivalents | 8.42 M | 2.7 B |
| Cash Per Share | 199.50 X | 5.01 X |
| Total Debt | 145.87 M | 5.32 B |
| Debt To Equity | 0.82 % | 48.70 % |
| Current Ratio | 2.63 X | 2.16 X |
| Cash Flow From Operations | 15.97 M | 971.22 M |
| Number Of Employees | 13 | 18.84 K |
| Beta | 0.01 | -0.15 |
| Market Capitalization | 2.04 M | 19.03 B |
Conair Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Conair . 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 Conair Buy or Sell Advice
When is the right time to buy or sell Conair? Buying financial instruments such as Conair Pink Sheet 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 Conair 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 Hybrid Mix Funds Thematic Idea Now
Hybrid Mix Funds
Funds or Etfs that are made of portfolios of stocks, bonds, or cash instruments with different maturity horizons and characteristics. The Hybrid Mix Funds theme has 38 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 Hybrid Mix Funds Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Conair 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 that the Conair information on this page should be used as a complementary analysis to other Conair's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Complementary Tools for Conair Pink Sheet analysis
When running Conair's price analysis, check to measure Conair'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 Conair is operating at the current time. Most of Conair's value examination focuses on studying past and present price action to predict the probability of Conair's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Conair's price. Additionally, you may evaluate how the addition of Conair to your portfolios can decrease your overall portfolio volatility.
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Fundamental Analysis View fundamental data based on most recent published financial statements |