Assuming 30 trading days horizon, and your above average risk tolerance our recommendation regarding NIIT Technologies Limited is 'Strong Buy'. Macroaxis provides NIIT Technologies buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding NIITTECH positions. The advice algorithm takes into account all of NIIT Technologies available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from NIITTECH buy-and-hold prospective. Please see also NIIT Technologies 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 NIIT Technologies Limited has a risk adjusted performance of 0.4431, jensen alpha of 0.3452, total risk alpha of 0.2987, sortino ratio of 0.2209 and treynor ratio of 2.05Macroaxis provides buy or sell recommendations on NIIT Technologies to complement and cross-verify current analyst consensus on NIIT Technologies. Our advice engine determines the firm potential to grow exclusively from the prospective of investors current risk tolerance and investing horizon. To make sure NIIT Technologies is not overpriced, please verify all NIIT Technologies Limited fundamentals including its Debt to Equity, and the relationship between Gross Profit and Number of Employees .
Odds of Distress
NIIT Technologies Thematic Classifications
|ITInformation technology and IT services|
|TechnologyResearch or development of technologically based good|
NIIT Technologies Returns Distribution Density
|Mean Return||0.37||Value At Risk||1.64|
|Potential Upside||2.67||Standard Deviation||1.48|
NIIT Technologies Greeks
|Alpha over DOW||=||0.35|
|Beta against DOW||=||0.17|
NIIT Technologies Volatility Alert
NIIT Technologies Limited has relatively low volatility with skewness of 1.0 and kurtosis of 3.34. However, we advise all investors to independently investigate NIIT Technologies Limited to ensure market all accessible information is consistent with the expectations about its upside potential and future risk-adjusted return.
|Better Than Average||Worse Than Average||Compare NIIT Technologies to competition|
NIIT Technologies Fundamental Vs Peers
|Fundamentals||NIIT Technologies||Peer Average|
|Return On Equity||21.92%||(15.17)%|
|Return On Asset||11.88%||(15.64)%|
|Price to Earning||21.22X||40.69X|
|Price to Book||4.11X||14.44X|
|Price to Sales||2.32X||17.81X|
|Cash and Equivalents||8.26B||3.89B|
|Cash per Share||134.12X||5.17X|
|Debt to Equity||0.70%||0.72%|
|Book Value Per Share||318.19X||13.64X|
|Cash Flow from Operations||1.45B||1.25B|
|Earnings Per Share||61.70X||2.30X|
|Price to Earnings To Growth||0.72X||1.22X|
|Number of Employees||10.14K||10.67K|
|Five Year Return||1.95%|
|Last Dividend Paid||15.0|
Please see also NIIT Technologies 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. Please also try Fund Screener module to find activelly-traded funds from around the world traded on over 30 global exchanges.