RELAXO FOOTWEARS (India) Buy Hold or Sell Recommendation

RELAXO -  India Stock  

INR 1,197  2.50  0.21%

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

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The advice is provided from RELAXO FOOTWEARS's buy-and-hold perspective. Additionally, take a look at RELAXO FOOTWEARS 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 RELAXO and provide practical buy, sell, or hold advice based on selected investing horizon and risk tolerance towards RELAXO FOOTWEARS LTD.

Execute RELAXO FOOTWEARS Buy or Sell Advice

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

Time Horizon

Risk Tolerance

Execute Advice
Sell RELAXO FOOTWEARSBuy RELAXO FOOTWEARS
Cautious Hold

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds of Distress

Below AverageDetails

Economic Sensitivity

Moves slightly opposite to the marketDetails

Analyst Consensus

Not AvailableDetails

Reporting Quality (M-Score)

InapplicableDetails
For the selected time horizon RELAXO FOOTWEARS LTD has a Mean Deviation of 1.33, Semi Deviation of 0.5225, Standard Deviation of 2.14, Variance of 4.58, Downside Variance of 1.21 and Semi Variance of 0.273
Macroaxis provides advice on RELAXO FOOTWEARS LTD to complement and cross-verify current analyst consensus on RELAXO FOOTWEARS LTD. Our recommendation engine determines the firm's potential to grow exclusively from the perspective of an investor's current risk tolerance and investing horizon. To make sure RELAXO FOOTWEARS is not overpriced, please check all RELAXO FOOTWEARS LTD fundamentals, including its revenue, cash flow from operations, last dividend paid, as well as the relationship between the cash per share and total asset .

RELAXO FOOTWEARS Trading Alerts and Improvement Suggestions

About 75.0% of the company outstanding shares are owned by corporate insiders

RELAXO FOOTWEARS current analysts advice

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. RELAXO 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. RELAXO 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 Price909.50
Target Mean Price867.50
Target High Price936.00
Number Of Analyst Opinions4
Target Low Price715.00
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.

RELAXO FOOTWEARS Returns Distribution Density

The distribution of RELAXO FOOTWEARS's historical returns is an attempt to chart the future uncertainty of RELAXO FOOTWEARS's future price movements. The chart of the probability distribution of RELAXO FOOTWEARS stock daily returns describes the distribution of returns around its average expected value. We use RELAXO FOOTWEARS LTD price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of RELAXO FOOTWEARS returns is essential to provide solid investment advice for RELAXO FOOTWEARS stock.
Mean Return0.47Value At Risk-1.73
Potential Upside4.73Standard Deviation2.14
 Return Density 
      Distribution 
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of RELAXO FOOTWEARS 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.

RELAXO FOOTWEARS 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 RELAXO FOOTWEARS or Consumer Cyclical 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 RELAXO FOOTWEARS 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 RELAXO 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
0.46
β
Beta against DOW-0.76
σ
Overall volatility
1.49
Ir
Information ratio 0.21

RELAXO FOOTWEARS Volatility Alert

RELAXO FOOTWEARS LTD has relatively low volatility with skewness of 2.95 and kurtosis of 12.81. However, we advise all investors to independently investigate RELAXO FOOTWEARS LTD 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 RELAXO FOOTWEARS'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 RELAXO FOOTWEARS'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.

RELAXO FOOTWEARS Fundamentals Vs Peers

Comparing RELAXO FOOTWEARS'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 RELAXO FOOTWEARS's direct or indirect competition across all of the common fundamentals between RELAXO FOOTWEARS and the related equities. This way, we can detect undervalued stocks with similar characteristics as RELAXO FOOTWEARS or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of RELAXO FOOTWEARS's fundamental indicators could also be used in its relative valuation, which is a method of valuing RELAXO FOOTWEARS by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare RELAXO FOOTWEARS to competition
FundamentalsRELAXO FOOTWEARSPeer Average
Return On Equity19.03 %(0.31) %
Return On Asset10.87 %(0.14) %
Profit Margin9.44 %(1.27) %
Operating Margin11.72 %(5.51) %
Current Valuation163.98 B16.62 B
Shares Outstanding248.25 M571.82 M
Shares Owned by Insiders75.06 %10.09 %
Shares Owned by Institutions8.48 %39.21 %
Price to Earning148.76 X28.72 X
Price to Book12.82 X9.51 X
Price to Sales7.68 X11.42 X
Revenue21.26 B9.43 B
Gross Profit13.43 B27.38 B
EBITDA3.71 B3.9 B
Net Income2.01 B570.98 M
Cash and Equivalents321.2 M2.7 B
Cash per Share1.30 X5.01 X
Total Debt1.67 B5.32 B
Debt to Equity0.13 %48.70 %
Current Ratio1.91 X2.16 X
Book Value Per Share51.34 X1.93 K
Cash Flow from Operations3.19 B971.22 M
Earnings Per Share8.07 X3.12 X
Number of Employees7.85 K18.84 K
Beta0.13-0.15
Market Capitalization297.87 B19.03 B
Total Asset9.97 B29.47 B
Working Capital571 M1.48 B
Current Asset4.18 B9.34 B
Current Liabilities3.61 B7.9 B
Five Year Return0.17 %
Last Dividend Paid2.15

About RELAXO FOOTWEARS Buy or Sell Advice

When is the right time to buy or sell RELAXO FOOTWEARS LTD? Buying financial instruments such as RELAXO 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 RELAXO FOOTWEARS 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 RELAXO FOOTWEARS 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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Dynamically computed list of top equities currently sorted across major exchanges. Latest Gainers theme has 74 constituents.
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Additionally, take a look at RELAXO FOOTWEARS 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 RELAXO FOOTWEARS LTD information on this page should be used as a complementary analysis to other RELAXO FOOTWEARS'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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

Other Tools for RELAXO Stock

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