International Stock Buy Hold or Sell Recommendation

IBM Stock  USD 134.95  5.81  4.13%   
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding International Business Machines is 'Buy'. Macroaxis provides International Business buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding IBM positions. The advice algorithm takes into account all of International Business' available fundamental, technical, and predictive indicators you will find on this site.
  
The advice is provided from International Business' buy-and-hold perspective. Please see International Business 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. We conduct extensive research on individual companies such as International and provide practical buy, sell, or hold advice based on selected investing horizon and risk tolerance towards International Business Machines.

Execute International Business Buy or Sell Advice

The International recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on International Business Machines. Macroaxis does not own or have any residual interests in International Business Machines or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute International Business' advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell International BusinessBuy International Business
Buy

Volatility

Details

Hype Condition

Details

Current Valuation

Details

Odds of Distress

Details

Economic Sensitivity

Details

Analyst Consensus

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Financial Strenth (F Score)

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Financial Leverage

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Reporting Quality (M-Score)

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For the selected time horizon International Business Machines has a Risk Adjusted Performance of 0.0661, Jensen Alpha of (0.08), Total Risk Alpha of (0.16), Sortino Ratio of (0.07) and Treynor Ratio of 0.083
Macroaxis provides investment recommendation on International Business to complement and cross-verify current analyst consensus on International Business. Our trade recommendations engine determines the entity's potential to grow exclusively from the perspective of an investor's current risk tolerance and investing horizon. To make sure International Business Machines is not overpriced, please check out all International Business fundamentals, including its revenue, current ratio, beta, as well as the relationship between the cash and equivalents and earnings per share . Given that International Business has a price to book of 6.75 X, we strongly advise you to confirm International Business market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your regular risk tolerance and investing horizon.

International Business thematic classifications

IT
Information technology and IT services
Artificial Intelligence
Firms and funds that are developing tools for artificial intelligence
Blockchain
Cross-industry collection of firms that are adopting blockchain technology

International Business Returns Distribution Density

The distribution of International Business' historical returns is an attempt to chart the uncertainty of International Business' future price movements. The chart of the probability distribution of International Business stock daily returns describes the distribution of returns around its average expected value. We use International Business Machines price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of International Business returns is essential to provide solid investment advice for International Business.
Mean Return0.08Value At Risk-1.72
Potential Upside1.85Standard Deviation1.38
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of International Business 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.

International Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as International Business is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading International Business Machines backward and forwards among themselves. International Business' institutional investor refers to the entity that pools money to purchase International Business' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Zwj Investment Counsel IncCommon Shares18.5 K2.6 M
Zwj Investment Counsel IncCommon Shares18.6 K2.2 M
Zwj Investment Counsel IncCommon Shares18.6 K2.6 M
Zwj Investment Counsel IncCommon Shares13.3 K1.7 M
Zwj Investment Counsel IncCommon Shares14.7 KM
Zwj Investment Counsel IncCommon Shares14.4 KM
Zwj Investment Counsel IncCommon Shares16.1 K2.4 M
Note, although International Business' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

International Business Cash Flow Accounts

201820192020202120222023 (projected)
Capital Expenditure(3.72 B)(2.37 B)(3.04 B)(2.38 B)(2.74 B)(2.95 B)
Depreciation Amortization and Accretion4.48 B6.06 B6.7 B6.42 B7.38 B6.78 B
Net Cash Flow or Change in Cash and Cash Equivalents(630 M)(3.29 B)5.36 B(6.72 B)(6.05 B)(6.21 B)
Net Cash Flow Business Acquisitions and Disposals(139 M)(31.55 B)167 M(3.18 B)(2.86 B)(3.09 B)
Issuance Purchase of Equity Shares(3.5 B)(4.34 B)(4.44 B)(1.36 B)(1.57 B)(1.69 B)
Issuance Repayment of Debt Securities(301 M)16.28 B(3.71 B)(8.12 B)(7.3 B)(7.5 B)
Payment of Dividends and Other Cash Distributions(5.67 B)(5.71 B)(5.8 B)(5.87 B)(5.28 B)(5.7 B)
Net Cash Flow from Financing(10.47 B)9.04 B(9.72 B)(13.35 B)(12.02 B)(12.97 B)
Net Cash Flow from Investing(4.91 B)(26.94 B)(3.03 B)(5.97 B)(6.87 B)(7.41 B)
Net Cash Flow Investment Acquisitions and Disposals(1.06 B)6.99 B(153 M)(414 M)(476.1 M)(488.63 M)
Net Cash Flow from Operations15.25 B14.77 B18.2 B12.8 B14.72 B17.64 B
Effect of Exchange Rate Changes on Cash(495 M)(167 M)(87 M)(185 M)(212.75 M)(229.55 M)
Share Based Compensation510 M679 M937 M982 M1.13 B971.47 M

International Business 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 International Business or IT Services 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 International Business' 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 International 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 NYSE Composite
-0.08
β
Beta against NYSE Composite0.84
σ
Overall volatility
1.37
Ir
Information ratio -0.08

International Business Volatility Alert

International Business Machines has relatively low volatility with skewness of -1.22 and kurtosis of 3.52. However, we advise all investors to independently investigate International Business Machines to ensure all accessible information is consistent with the expectations about its upside potential and future expected returns. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure International Business' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact International Business' 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 stocks as prices fall.

International Business Implied Volatility

International Business' implied volatility exposes the market's sentiment of International Business Machines stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if International Business' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that International Business stock will not fluctuate a lot when International Business' options are near their expiration.

International Business Fundamentals Vs Peers

Comparing International Business' 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 International Business' direct or indirect competition across all of the common fundamentals between International Business and the related equities. This way, we can detect undervalued stocks with similar characteristics as International Business or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of International Business' fundamental indicators could also be used in its relative valuation, which is a method of valuing International Business by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare International Business to competition
FundamentalsInternational BusinessPeer Average
Return On Equity0.06 %(0.31) %
Return On Asset0.0322 %(0.14) %
Profit Margin0.0209 %(1.27) %
Operating Margin0.12 %(5.51) %
Current Valuation179.75 B16.62 B
Shares Outstanding896.32 M571.82 M
Shares Owned by Insiders0.08 %10.09 %
Shares Owned by Institutions58.45 %39.21 %
Number of Shares Shorted29.62 M4.71 M
Price to Earning24.45 X28.72 X
Price to Book6.75 X9.51 X
Price to Sales2.11 X11.42 X
Revenue57.35 B9.43 B
Gross Profit31.49 B27.38 B
EBITDA13.44 B3.9 B
Net Income5.74 B570.98 M
Cash and Equivalents6.65 B2.7 B
Cash per Share10.58 X5.01 X
Total Debt44.92 B5.32 B
Debt to Equity2.67 %48.70 %
Current Ratio0.95 X2.16 X
Book Value Per Share22.20 X1.93 K
Cash Flow from Operations12.8 B971.22 M
Short Ratio7.02 X4.00 X
Earnings Per Share6.09 X3.12 X
Price to Earnings To Growth1.28 X4.89 X
Target Price143.08
Number of Employees282.1 K18.84 K
Beta0.88-0.15
Market Capitalization126.17 B19.03 B
Total Asset132 B29.47 B
Retained Earnings161.45 B9.33 B
Working Capital8.23 B1.48 B
   Acquisition by Alfred Zollar of 684 shares of International Business subject to Rule 16b-3 [view details]

International Business Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as International . 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 International Business Buy or Sell Advice

When is the right time to buy or sell International Business Machines? Buying financial instruments such as International 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.
 2020 2021 2022 2023 (projected)
Receivables18.74 B15.77 B18.14 B25.48 B
Inventories1.84 B1.65 B1.9 B2.12 B

Use Investing Ideas to Build Portfolios

In addition to having International Business 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 Junk Bonds Thematic Idea Now

Junk Bonds
Junk Bonds Theme
Funds or Etfs that invest most of their assets into speculative (junk) bonds or to other fixed income instruments with interest rates 3 to 4 percentage points above government issues. The Junk Bonds theme has 40 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 Junk Bonds Theme or any other thematic opportunities.
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Please see International Business 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 International Business information on this page should be used as a complementary analysis to other International Business' 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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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Is International Business' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of International Business. If investors know International will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about International Business listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.041
Market Capitalization
126.2 B
Quarterly Revenue Growth
0.065
Return On Assets
0.0322
Return On Equity
0.0648
The market value of International Business is measured differently than its book value, which is the value of International that is recorded on the company's balance sheet. Investors also form their own opinion of International Business' value that differs from its market value or its book value, called intrinsic value, which is International Business' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because International Business' market value can be influenced by many factors that don't directly affect International Business' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between International Business' value and its price as these two are different measures arrived at by different means. Investors typically determine International Business value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, International Business' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.