Considering 30-days investment horizon, and your above average risk tolerance our recommendation regarding Applied Industrial Technologies is 'Strong Hold'. Macroaxis provides Applied Industrial buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding AIT positions. The advice algorithm takes into account all of Applied Industrial available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from AIT buy-and-hold prospective. Check also Applied Industrial Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for muliple equity instruments please use Instant Ratings tool.
For the selected time horizon Applied Industrial Technologies has a risk adjusted performance of 0.0843, jensen alpha of 0.01, total risk alpha of (0.15), sortino ratio of 9.0e-4 and treynor ratio of 0.1599Macroaxis buy, hold, or sell suggestion module provides unbiased buy, hold, or sell recommendation that can be used to complement current average analyst sentiment on Applied Industrial Technologies. Our buy, hold, or sell suggestion engine suggest current market data to analyse the corporation potential to grow from the prospective of investors risk tolerance and investing horizon. To make sure Applied Industrial is not overpriced, please confirm all Applied Industrial fundamentals including its Current Ratio, Retained Earnings and the relationship between Net Income and Price to Earnings To Growth . Given that Applied Industrial has Price to Earning of 16.06X, we suggest you validate Applied Industrial Technologies market performance and probability of bankruptcy to make sure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.
Applied Industrial Trading Alerts and Improvement Suggestions
Applied Industrial has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial commitments
Over 92.0% of the company shares are held by institutions such as insurance companies
Applied Industrial Technologies has relatively low volatility with skewness of 0.65 and kurtosis of 0.63. However, we advise all investors to independently investigate Applied Industrial Technologies to ensure market all accessible information is consistent with the expectations about its upside potential and future risk-adjusted return.