Assuming 30 trading days horizon, and your above average risk tolerance our recommendation regarding Rungta Irrigation Limited is 'Strong Sell'. Macroaxis provides Rungta Irrigation buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding RUNGTAIR positions. The advice algorithm takes into account all of Rungta Irrigation available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from RUNGTAIR buy-and-hold prospective. Additionally take a look at Rungta Irrigation 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 Rungta Irrigation Limited has a mean deviation of 2.25, semi deviation of 3.03, standard deviation of 3.61, variance of 13.04, downside variance of 61.22 and semi variance of 9.2Macroaxis recommendation module can be used to complement current analysts and expert consensus on Rungta Irrigation. Our advice engine exercises analyzes the company potential to grow using all fundamental data market data available at the time. To make sure Rungta Irrigation is not overpriced, please check all Rungta Irrigation fundamentals including its Net Income as well as the relationship between Current Ratio and Market Capitalization .
Odds of Distress
Rungta Irrigation Returns Distribution Density
|Mean Return||0.35||Value At Risk||4.92|
|Potential Upside||5.00||Standard Deviation||3.61|
Rungta Irrigation Greeks
|Alpha over DOW||=||0.33|
|Beta against DOW||=||0.25|
Rungta Irrigation Volatility Alert
Rungta Irrigation Limited shows above average downside volatility of 7.82 for selected time horizon. We advise investors to further inspect Rungta Irrigation Limited to make sure all market timing and asset allocation strategies are consistent with estimation about Rungta Irrigation future alpha.
|Better Than Average||Worse Than Average||Compare Rungta Irrigation to competition|
Rungta Irrigation Fundamental Vs Peers
|Fundamentals||Rungta Irrigation||Peer Average|
|Return On Equity||3.10%||(15.17)%|
|Return On Asset||(0.32)%||(15.64)%|
|Price to Earning||9.25X||40.69X|
|Price to Book||0.31X||14.44X|
|Price to Sales||0.32X||17.81X|
|Cash and Equivalents||14.75M||3.89B|
|Cash per Share||1.64X||5.17X|
|Debt to Equity||27.30%||0.72%|
|Book Value Per Share||69.55X||13.64X|
|Earnings Per Share||2.36X||2.30X|
|Number of Employees||137||10.67K|
Additionally take a look at Rungta Irrigation 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 Money Flow Index module to determine momentum by analyzing money flow index and other technical indicators.