PATSPIN INDIA (India) Today

PATSPINLTD -  India Stock  

INR 9.85  0.05  0.51%

PATSPIN INDIA is selling for 9.85 as of the 23rd of September 2021. This is a 0.51 percent increase since the beginning of the trading day. The stock's open price was 9.8. PATSPIN INDIA has more than 66 % chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for PATSPIN INDIA are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of August 2021 and ending today, the 23rd of September 2021. Click here to learn more.
 Market Performance
8 of 100
  Odds Of Distress
Over 66
Follow Valuation Odds of Bankruptcy
Check how we calculate scores

PATSPIN INDIA Stock Profile

Patspin India Limited manufactures and sells combed cotton yarns in India. Patspin India Limited was incorporated in 1991 and is based in Mumbai, India. PATSPIN INDIA operates under Textile Manufacturing classification in India and is traded on National Stock Exchange of India. more on PATSPIN INDIA
PATSPIN INDIA is way too risky over 90 days horizon
PATSPIN INDIA appears to be risky and price may revert if volatility continues
PATSPIN INDIA has high likelihood to experience some financial distress in the next 2 years
The company has accumulated 1.64 B in total debt. PATSPIN INDIA has a current ratio of 0.19, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due.
The entity reported the revenue of 1.53 B. Net Loss for the year was (338 M) with profit before overhead, payroll, taxes, and interest of 679.5 M.
About 66.0% of the company outstanding shares are owned by corporate insiders
Legal NamePATSPIN INDIA
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 PATSPIN INDIA's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellOvervalued
PATSPIN INDIA (PATSPINLTD) is traded on National Stock Exchange of India in India and employs 1,488 people. The company currently falls under 'Small-Cap' category with current market capitalization of 270.46 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate PATSPIN INDIA's market, we take the total number of its shares issued and multiply it by PATSPIN INDIA'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. PATSPIN INDIA operates under Consumer Cyclical sector and is part of Textile Manufacturing industry. The entity has 30.92 M outstanding shares. PATSPIN INDIA has accumulated about 27.5 M in cash with 178.21 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.9.
Check PATSPIN INDIA Probability Of Bankruptcy
Ownership
PATSPIN INDIA has a total of 30.92 Million outstanding shares. PATSPIN INDIA holds majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company outstanding shares. 66.34 pct. of PATSPIN INDIA outstanding shares that are owned by insiders implies they have been buying or selling the stock in recent months in anticipation of some upcoming event. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.

Ownership Allocation (%)

Check PATSPIN Ownership Details

PATSPIN Stock Price Odds Analysis

What are PATSPIN INDIA's target price odds to finish over the current price? Proceeding from a normal probability distribution, the odds of PATSPIN INDIA jumping above the current price in 90 days from now is about 25.75%. The PATSPIN INDIA probability density function shows the probability of PATSPIN INDIA stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon PATSPIN INDIA has a beta of -0.8318 indicating as returns on benchmark increase, returns on holding PATSPIN INDIA are expected to decrease at a much lower rate. During the bear market, however, PATSPIN INDIA is likely to outperform the market. Additionally, the company has an alpha of 0.811, implying that it can generate a 0.81 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Odds Down 9.85HorizonTargetOdds Up 9.85 
74.17%90 days
 9.85 
25.75%
Based on a normal probability distribution, the odds of PATSPIN INDIA to move above the current price in 90 days from now is about 25.75 (This PATSPIN INDIA probability density function shows the probability of PATSPIN Stock to fall within a particular range of prices over 90 days) .

PATSPIN INDIA Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. PATSPIN INDIA market risk premium is the additional return an investor will receive from holding PATSPIN INDIA 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 PATSPIN INDIA. 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 PATSPIN INDIA's alpha and beta are two of the key measurements used to evaluate PATSPIN INDIA's performance over the market, the standard measures of volatility play an important role as well.

PATSPIN Stock Against Markets

Picking the right benchmark for PATSPIN INDIA 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 PATSPIN INDIA 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 PATSPIN INDIA is critical whether you are bullish or bearish towards PATSPIN INDIA at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in PATSPIN INDIA 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.

Did you try this?

Run Probability Of Bankruptcy Now

   

Probability Of Bankruptcy

Get analysis of equity chance of financial distress in the next 2 years
All  Next Launch Module
Please check Your Equity Center. Note that the PATSPIN INDIA information on this page should be used as a complementary analysis to other PATSPIN INDIA'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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

Other Tools for PATSPIN Stock

When running PATSPIN INDIA price analysis, check to measure PATSPIN INDIA'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 PATSPIN INDIA is operating at the current time. Most of PATSPIN INDIA's value examination focuses on studying past and present price action to predict the probability of PATSPIN INDIA's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move PATSPIN INDIA's price. Additionally, you may evaluate how the addition of PATSPIN INDIA to your portfolios can decrease your overall portfolio volatility.
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Go
Bond Directory
Find actively traded corporate debentures issued by US companies
Go
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Go
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Go
Analyst Recommendations
Analyst recommendations and target price estimates broken down by several categories
Go
Watchlist Optimization
Optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm
Go
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Go
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Go
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Go
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Go