Purple Buy Hold or Sell Recommendation

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PURPLE -- India Stock  

INR 20.05  0.00  0.00%

Assuming 30 trading days horizon, and your above average risk tolerance our recommendation regarding Purple Entertainment Limited is 'Strong Buy'. Macroaxis provides Purple Entertainment buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding PURPLE positions. The advice algorithm takes into account all of Purple Entertainment available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from PURPLE buy-and-hold perspective. Please check Purple Entertainment Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments please use Instant Ratings tool.

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Time Horizon

Risk Tolerance

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Sell Purple EntertainmentBuy Purple Entertainment
Strong Buy

Volatility

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Not Available
For the selected time horizon Purple Entertainment Limited has a risk adjusted performance of 0.4484, jensen alpha of 0.0621, total risk alpha of 0.0544, sortino ratio of 0.0 and treynor ratio of 1.48
Macroaxis recommendation module can be used to complement current analysts and expert consensus on Purple Entertainment. Our advice engine exercises analyzes the company potential to grow using all fundamental data market data available at the time. To make sure Purple Entertainment is not overpriced, please check all Purple Entertainment fundamentals, including its Revenue, Cash per Share as well as the relationship between Cash per Share and Earnings Per Share .

Purple Entertainment Trading Alerts and Improvement Suggestions

Purple Entertainment generates negative expected return over the last 30 days
Purple Entertainment has high likelihood to experience some financial distress in the next 2 years
Net Loss for the year was (2.13 M) with profit before overhead, payroll, taxes, and interest of 2.33 M.

Purple Entertainment Returns Distribution Density

Mean Return0.08Value At Risk0.00
Potential Upside0.00Standard Deviation0.61
 Return Density 
      Distribution 

Purple Entertainment Greeks

α
Alpha over DOW
=0.06
β
Beta against DOW=0.0442
σ
Overall volatility
=0.00
Ir
Information ratio =-0.01

Purple Entertainment Volatility Alert

Purple Entertainment Limited exhibits very low volatility with skewness of 8.12 and kurtosis of 66.0. However, we advise investors to further study Purple Entertainment Limited technical indicators to make sure all market info is available and is reliable.
    
 Better Than Average     
    
 Worse Than Average Compare Purple Entertainment to competition

Purple Entertainment Fundamental Vs Peers

FundamentalsPurple EntertainmentPeer Average
Return On Equity(3.14) (0.31) 
Return On Asset(0.77) (0.14) 
Operating Margin606.49 (5.51) 
Current Valuation180.94 M16.62 B
Shares Outstanding8.65 M571.82 M
Price to Earning380.00 28.72 
Price to Book2.04 9.51 
Price to Sales(661.65) 11.42 
Revenue(262 K)9.43 B
Gross Profit2.33 M27.38 B
EBITDA(1.59 M)3.9 B
Net Income(2.13 M)570.98 M
Cash and Equivalents68.28 M2.7 B
Cash per Share8.14 5.01 
Total Debt81.08 M5.32 B
Debt to Equity0.96 48.70 
Current Ratio16.13 2.16 
Book Value Per Share9.81 1.93 K
Earnings Per Share(0.26) 3.12 
Beta0.47-0.15
Market Capitalization173.35 M19.03 B
Z Score1.28.72

About Purple Entertainment Buy or Sell Advice

When is the right time to buy or sell Purple Entertainment Limited? Buying stocks such as Purple Entertainment 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 bases. Although Purple Entertainment 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.

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Please check Purple Entertainment Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments please use Instant Ratings tool. Please also try Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.
Macroaxis is not a registered investment advisor or broker/dealer. All investments, including stocks, funds, ETFs, or cryptocurrencies, are speculative and involve substantial risk of loss. We encourage our investors to invest carefully. Much of our information is derived directly from data published by companies or submitted to governmental agencies which we believe are reliable, but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way warrant or guarantee the success of any action you take in reliance on our statements or recommendations. Also, note that past performance is not necessarily indicative of future results. All investments carry risk, and all investment decisions of an individual remain the responsibility of that individual. There is no guarantee that systems, indicators, or signals will result in profits or that they will not result in losses. All investors are advised to fully understand all risks associated with any investing they choose to do. Hypothetical or simulated performance is not indicative of future results. We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown because hypothetical or simulated performance is not necessarily indicative of future results. For more information please visit our terms and condition page