DECO MICA (India) Today

DECOMIC -  India Stock  

INR 24.15  0.00  0.00%

DECO MICA is trading at 24.15 as of the 20th of October 2021, a No Change since the beginning of the trading day. The stock's open price was 24.15. DECO MICA has 51 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for DECO MICA LTD are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 22nd of July 2021 and ending today, the 20th of October 2021. Click here to learn more.
 Market Performance
0 of 100
  Odds Of Distress
Over 51
Deco-Mica Limited manufactures, sells, and trades in decorative laminated sheets, cut pieces, and industrial insulator boards in India. The company was incorporated in 1988 and is based in Ahmedabad, India. Deco Mica operates under Paper Paper Products classification in India and is traded on Bombay Stock Exchange.. The company has 4.2 M outstanding shares. More on DECO MICA LTD
Follow Valuation Odds of Bankruptcy
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DECO MICA Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. DECO MICA's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding DECO MICA or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
DECO MICA LTD generated a negative expected return over the last 90 days
DECO MICA LTD has high likelihood to experience some financial distress in the next 2 years
DECO MICA LTD has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of DECO MICA's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellOvervalued
DECO MICA LTD (DECOMIC) is traded on Bombay Stock Exchange in India and employs 1 people. The company currently falls under 'Micro-Cap' category with current market capitalization of 96.6 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate DECO MICA's market, we take the total number of its shares issued and multiply it by DECO MICA's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. DECO MICA LTD operates under Basic Materials sector and is part of Paper & Paper Products industry. The entity has 4.2 M outstanding shares. DECO MICA LTD has accumulated about 6.09 M in cash with 9.11 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.47.
Check DECO MICA Probability Of Bankruptcy

DECOMIC Stock Price Odds Analysis

What are DECO MICA's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of DECO MICA jumping above the current price in 90 days from now is about 54.24%. The DECO MICA LTD probability density function shows the probability of DECO MICA stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon DECO MICA has a beta of 0.0123 suggesting as returns on the market go up, DECO MICA average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding DECO MICA LTD will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. DECO MICA LTD is significantly underperforming DOW.
 Odds Down 24.15HorizonTargetOdds Up 24.15 
45.61%90 days
Based on a normal probability distribution, the odds of DECO MICA to move above the current price in 90 days from now is about 54.24 (This DECO MICA LTD probability density function shows the probability of DECOMIC Stock to fall within a particular range of prices over 90 days) .

DECO MICA LTD Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. DECO MICA market risk premium is the additional return an investor will receive from holding DECO MICA long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in DECO MICA. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although DECO MICA's alpha and beta are two of the key measurements used to evaluate DECO MICA's performance over the market, the standard measures of volatility play an important role as well.

DECOMIC Stock Against Markets

Picking the right benchmark for DECO MICA stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in DECO MICA stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for DECO MICA is critical whether you are bullish or bearish towards DECO MICA LTD at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in DECO MICA without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Continue to Investing Opportunities. Note that the DECO MICA LTD information on this page should be used as a complementary analysis to other DECO MICA'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 File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

Other Tools for DECOMIC Stock

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