Chitogenx Stock Buy Hold or Sell Recommendation
| CHNXF Stock | USD 0.03 0.01 22.32% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding ChitogenX is 'Strong Sell'. Macroaxis provides ChitogenX buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding CHNXF positions. The advice algorithm takes into account all of ChitogenX's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting ChitogenX's buy or sell advice are summarized below:
Real Value 0.0264 | Hype Value 0.03 | Market Value 0.0275 | Naive Value 0.0252 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell ChitogenX given historical horizon and risk tolerance towards ChitogenX. When Macroaxis issues a 'buy' or 'sell' recommendation for ChitogenX, the advice is generated through an automated system that utilizes algorithms and statistical models.
ChitogenX |
Execute ChitogenX Buy or Sell Advice
The ChitogenX recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on ChitogenX. Macroaxis does not own or have any residual interests in ChitogenX or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute ChitogenX'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 | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very High | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
ChitogenX Trading Alerts and Improvement Suggestions
| ChitogenX generated a negative expected return over the last 90 days | |
| ChitogenX has high historical volatility and very poor performance | |
| ChitogenX has some characteristics of a very speculative penny stock | |
| ChitogenX has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (4.92 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| ChitogenX has accumulated about 2.19 M in cash with (3.22 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 17.0% of the company shares are held by company insiders |
ChitogenX Returns Distribution Density
The distribution of ChitogenX's historical returns is an attempt to chart the uncertainty of ChitogenX's future price movements. The chart of the probability distribution of ChitogenX daily returns describes the distribution of returns around its average expected value. We use ChitogenX price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of ChitogenX returns is essential to provide solid investment advice for ChitogenX.
| Mean Return | -0.73 | Value At Risk | -10.71 | Potential Upside | 0.00 | Standard Deviation | 6.45 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of ChitogenX 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.
ChitogenX 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 ChitogenX or Healthcare 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 ChitogenX's price will be affected by overall otc 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 ChitogenX otc'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 | -0.75 | |
β | Beta against NYSE Composite | 0.20 | |
σ | Overall volatility | 6.45 | |
Ir | Information ratio | -0.12 |
ChitogenX Volatility Alert
ChitogenX is displaying above-average volatility over the selected time horizon. ChitogenX is a penny stock. Although ChitogenX may be in fact a good investment, many penny otc stocks are subject to artificial price hype. Make sure you completely understand the upside potential and downside risk of investing in ChitogenX. We encourage investors to look for signals such as message board hypes, claims of breakthroughs, email spams, sudden volume upswings, and other similar hype indicators. We also encourage traders to check biographies and work history of company officers before investing in instruments with high volatility. You can indeed make money on ChitogenX instrument if you perfectly time your entry and exit. However, remember that penny otcs 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.ChitogenX Fundamentals Vs Peers
Comparing ChitogenX'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 ChitogenX's direct or indirect competition across all of the common fundamentals between ChitogenX and the related equities. This way, we can detect undervalued stocks with similar characteristics as ChitogenX or determine the otc stocks which would be an excellent addition to an existing portfolio. Peer analysis of ChitogenX's fundamental indicators could also be used in its relative valuation, which is a method of valuing ChitogenX by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare ChitogenX to competition |
| Fundamentals | ChitogenX | Peer Average |
| Return On Asset | -2.92 | -0.14 |
| Current Valuation | 12.49 M | 16.62 B |
| Shares Outstanding | 51.04 M | 571.82 M |
| Shares Owned By Insiders | 17.44 % | 10.09 % |
| EBITDA | (3.72 M) | 3.9 B |
| Net Income | (4.92 M) | 570.98 M |
| Cash And Equivalents | 2.19 M | 2.7 B |
| Cash Per Share | 0.04 X | 5.01 X |
| Total Debt | 4.78 M | 5.32 B |
| Current Ratio | 1.26 X | 2.16 X |
| Book Value Per Share | (0.15) X | 1.93 K |
| Cash Flow From Operations | (3.22 M) | 971.22 M |
| Number Of Employees | 6 | 18.84 K |
| Beta | 0.43 | -0.15 |
| Market Capitalization | 9.86 M | 19.03 B |
| Total Asset | 1.12 M | 29.47 B |
| Z Score | -8.7 | 8.72 |
| Net Asset | 1.12 M |
ChitogenX Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as ChitogenX . 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.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.78 | |||
| Day Median Price | 0.0275 | |||
| Day Typical Price | 0.0275 | |||
| Price Action Indicator | (0) | |||
| Period Momentum Indicator | (0.01) | |||
| Relative Strength Index | 21.74 |
About ChitogenX Buy or Sell Advice
When is the right time to buy or sell ChitogenX? Buying financial instruments such as ChitogenX OTC 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 ChitogenX 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 Consumer Goods Thematic Idea Now
Consumer Goods
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Consumer Goods theme has 61 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 Consumer Goods Theme or any other thematic opportunities.
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Check out ChitogenX 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. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
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When running ChitogenX's price analysis, check to measure ChitogenX'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 ChitogenX is operating at the current time. Most of ChitogenX's value examination focuses on studying past and present price action to predict the probability of ChitogenX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ChitogenX's price. Additionally, you may evaluate how the addition of ChitogenX to your portfolios can decrease your overall portfolio volatility.
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