INDRAPRASTHA GAS (India) Buy Hold or Sell Recommendation

IGL -  India Stock  

INR 491.35  14.35  3.01%

Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding INDRAPRASTHA GAS LTD is 'Hold'. Macroaxis provides INDRAPRASTHA GAS buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding IGL positions. The advice algorithm takes into account all of INDRAPRASTHA GAS's available fundamental, technical, and predictive indicators you will find on this site.

INDRAPRASTHA Advice 

 
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The advice is provided from INDRAPRASTHA GAS's buy-and-hold perspective. Please see INDRAPRASTHA GAS 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 INDRAPRASTHA and provide practical buy, sell, or hold advice based on selected investing horizon and risk tolerance towards INDRAPRASTHA GAS LTD.

Execute INDRAPRASTHA GAS Buy or Sell Advice

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

Time Horizon

Risk Tolerance

Execute Advice
Sell INDRAPRASTHA GASBuy INDRAPRASTHA GAS
Hold

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

UndervaluedDetails

Odds of Distress

Close to AverageDetails

Economic Sensitivity

Follows the market closelyDetails

Analyst Consensus

Not AvailableDetails

Reporting Quality (M-Score)

InapplicableDetails
For the selected time horizon INDRAPRASTHA GAS LTD has a Risk Adjusted Performance of (0.08), Jensen Alpha of (0.22), Total Risk Alpha of (0.26) and Treynor Ratio of (0.33)
Macroaxis provides investment recommendation on INDRAPRASTHA GAS to complement and cross-verify current analyst consensus on INDRAPRASTHA GAS LTD. 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 INDRAPRASTHA GAS LTD is not overpriced, please check out all INDRAPRASTHA GAS fundamentals, including its operating margin, shares outstanding, shares owned by institutions, as well as the relationship between the current valuation and shares owned by insiders .

INDRAPRASTHA GAS Trading Alerts and Improvement Suggestions

INDRAPRASTHA GAS LTD generated a negative expected return over the last 90 days
About 50.0% of the company shares are held by company insiders

INDRAPRASTHA GAS current analysts advice

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. INDRAPRASTHA analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. INDRAPRASTHA analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Median Price340.00
Target Mean Price325.79
Target High Price400.00
Number Of Analyst Opinions28
Target Low Price220.00
The consensus estimates and target price estimation comprises individual analyst assessments, and may or may not mutch the Macroaxis buy or sell advice. It is determined by taking an average of all analyst recommendations and classifying them as Strong Buy, Buy, Hold, or Sell.

INDRAPRASTHA GAS Returns Distribution Density

The distribution of INDRAPRASTHA GAS's historical returns is an attempt to chart the future uncertainty of INDRAPRASTHA GAS's future price movements. The chart of the probability distribution of INDRAPRASTHA GAS stock daily returns describes the distribution of returns around its average expected value. We use INDRAPRASTHA GAS LTD price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of INDRAPRASTHA GAS returns is essential to provide solid investment advice for INDRAPRASTHA GAS stock.
Mean Return-0.19Value At Risk-2.09
Potential Upside2.78Standard Deviation1.55
 Return Density 
      Distribution 
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of INDRAPRASTHA GAS 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.

INDRAPRASTHA GAS 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 INDRAPRASTHA GAS or Utilities 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 INDRAPRASTHA GAS stock's 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 INDRAPRASTHA 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
-0.22
β
Beta against DOW0.60
σ
Overall volatility
1.47
Ir
Information ratio -0.15

INDRAPRASTHA GAS Volatility Alert

INDRAPRASTHA GAS LTD exhibits very low volatility with skewness of 0.85 and kurtosis of 2.23. However, we advise investors to further study INDRAPRASTHA GAS LTD technical indicators to make sure all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure INDRAPRASTHA GAS's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact INDRAPRASTHA GAS's 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.

INDRAPRASTHA GAS Fundamentals Vs Peers

Comparing INDRAPRASTHA GAS'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 INDRAPRASTHA GAS's direct or indirect competition across all of the common fundamentals between INDRAPRASTHA GAS and the related equities. This way, we can detect undervalued stocks with similar characteristics as INDRAPRASTHA GAS or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of INDRAPRASTHA GAS's fundamental indicators could also be used in its relative valuation, which is a method of valuing INDRAPRASTHA GAS by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare INDRAPRASTHA GAS to competition
FundamentalsINDRAPRASTHA GASPeer Average
Return On Equity25.82 %(0.31) %
Return On Asset11.54 %(0.14) %
Profit Margin18.73 %(1.27) %
Operating Margin17.75 %(5.51) %
Current Valuation253.83 B16.62 B
Shares Outstanding700 M571.82 M
Shares Owned by Insiders50.00 %10.09 %
Shares Owned by Institutions35.52 %39.21 %
Price to Earning34.42 X28.72 X
Price to Book5.06 X9.51 X
Price to Sales4.88 X11.42 X
Revenue55.48 B9.43 B
Gross Profit25.05 B27.38 B
EBITDA12.51 B3.9 B
Net Income10.39 B570.98 M
Cash and Equivalents22.41 B2.7 B
Cash per Share31.85 X5.01 X
Total Debt961.9 M5.32 B
Debt to Equity0.017 %48.70 %
Current Ratio1.39 X2.16 X
Book Value Per Share76.47 X1.93 K
Cash Flow from Operations13.61 B971.22 M
Earnings Per Share14.82 X3.12 X
Price to Earnings To Growth1.51 X4.89 X
Number of Employees70318.84 K
Beta0.34-0.15
Market Capitalization357.14 B19.03 B
Total Asset34.3 B29.47 B
Retained Earnings23.38 B9.33 B
Working Capital153 M1.48 B
Current Asset7.89 B9.34 B
Current Liabilities7.74 B7.9 B
Five Year Return0.73 %

INDRAPRASTHA GAS Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as INDRAPRASTHA . 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.
Accumulation Distribution8395.44
Daily Balance Of Power0.7593
Rate Of Daily Change1.03
Day Median Price494.45
Day Typical Price493.42
Market Facilitation Index1.0E-4
Price Action Indicator4.08

About INDRAPRASTHA GAS Buy or Sell Advice

When is the right time to buy or sell INDRAPRASTHA GAS LTD? Buying financial instruments such as INDRAPRASTHA Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the stock 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. Although INDRAPRASTHA GAS investors may find it confusing at the beginning, 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 INDRAPRASTHA GAS 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.

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Cars Theme
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Please see INDRAPRASTHA GAS 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 INDRAPRASTHA GAS LTD information on this page should be used as a complementary analysis to other INDRAPRASTHA GAS'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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

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When running INDRAPRASTHA GAS LTD price analysis, check to measure INDRAPRASTHA GAS'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 INDRAPRASTHA GAS is operating at the current time. Most of INDRAPRASTHA GAS's value examination focuses on studying past and present price action to predict the probability of INDRAPRASTHA GAS's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move INDRAPRASTHA GAS's price. Additionally, you may evaluate how the addition of INDRAPRASTHA GAS to your portfolios can decrease your overall portfolio volatility.
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