Hologic (Germany) Buy Hold or Sell Recommendation

HO1 Stock  EUR 68.00  1.00  1.45%   
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Hologic is 'Strong Sell'. Macroaxis provides Hologic buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Hologic positions.
  
Check out Hologic 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.
For more detail on how to invest in Hologic Stock please use our How to Invest in Hologic guide.
Note, we conduct extensive research on individual companies such as Hologic and provide practical buy, sell, or hold advice based on investors' constraints. Hologic. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Execute Hologic Buy or Sell Advice

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

Time Horizon

Risk Tolerance

Execute Advice
Sell HologicBuy Hologic
Strong Sell

Market Performance

Very WeakDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

OvervaluedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Moves indifferently to market movesDetails

Analyst Consensus

Not AvailableDetails

Reporting Quality (M-Score)

InapplicableDetails
For the selected time horizon Hologic has a Mean Deviation of 0.8991, Standard Deviation of 1.12 and Variance of 1.26
Macroaxis provides unbiased trade recommendations on Hologic that should be used to complement current analysts and expert consensus on Hologic. Our advice engine determines the entity's potential to grow exclusively from the perspective of an investors' current risk tolerance and investing horizon. To make sure Hologic is not overpriced, please check out all Hologic fundamentals, including its price to book, revenue, and the relationship between the shares owned by institutions and price to sales .

Hologic Trading Alerts and Improvement Suggestions

Hologic generated a negative expected return over the last 90 days
Hologic has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
Over 100.0% of the company shares are owned by institutional investors

Hologic Returns Distribution Density

The distribution of Hologic's historical returns is an attempt to chart the uncertainty of Hologic's future price movements. The chart of the probability distribution of Hologic daily returns describes the distribution of returns around its average expected value. We use Hologic price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Hologic returns is essential to provide solid investment advice for Hologic.
Mean Return
-0.09
Value At Risk
-2.01
Potential Upside
1.40
Standard Deviation
1.12
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Hologic 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.

Hologic 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 Hologic or Healthcare 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 Hologic'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 Hologic 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 Jones
-0.1
β
Beta against Dow Jones-0.12
σ
Overall volatility
1.11
Ir
Information ratio -0.11

Hologic Volatility Alert

Hologic exhibits very low volatility with skewness of -0.04 and kurtosis of -0.3. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Hologic's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Hologic'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 financial instruments as prices fall.

Hologic Fundamentals Vs Peers

Comparing Hologic'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 Hologic's direct or indirect competition across all of the common fundamentals between Hologic and the related equities. This way, we can detect undervalued stocks with similar characteristics as Hologic or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Hologic's fundamental indicators could also be used in its relative valuation, which is a method of valuing Hologic by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Hologic to competition
FundamentalsHologicPeer Average
Return On Equity0.21-0.31
Return On Asset0.0858-0.14
Profit Margin0.22 %(1.27) %
Operating Margin0.29 %(5.51) %
Current Valuation18.25 B16.62 B
Shares Outstanding246.55 M571.82 M
Shares Owned By Insiders0.73 %10.09 %
Shares Owned By Institutions99.99 %39.21 %
Price To Book3.70 X9.51 X
Price To Sales3.52 X11.42 X
Revenue4.86 B9.43 B
Gross Profit3.31 B27.38 B
EBITDA2.11 B3.9 B
Net Income1.3 B570.98 M
Cash And Equivalents601.8 M2.7 B
Cash Per Share2.24 X5.01 X
Total Debt2.81 B5.32 B
Debt To Equity134.00 %48.70 %
Current Ratio1.67 X2.16 X
Book Value Per Share20.66 X1.93 K
Cash Flow From Operations2.13 B971.22 M
Earnings Per Share3.64 X3.12 X
Price To Earnings To Growth0.91 X4.89 X
Target Price85.5
Number Of Employees6.94 K18.84 K
Beta1.03-0.15
Market Capitalization18.19 B19.03 B
Total Asset9.07 B29.47 B
Z Score3.68.72
Net Asset9.07 B

Hologic Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Hologic . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Hologic Buy or Sell Advice

When is the right time to buy or sell Hologic? Buying financial instruments such as Hologic Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the 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. 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 Hologic 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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Run Non-Metallic and Industrial Metal Mining Thematic Idea Now

Non-Metallic and Industrial Metal Mining
Non-Metallic and Industrial Metal Mining Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Non-Metallic and Industrial Metal Mining theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Non-Metallic and Industrial Metal Mining Theme or any other thematic opportunities.
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Additional Information and Resources on Investing in Hologic Stock

When determining whether Hologic offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hologic's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hologic Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hologic Stock:
Check out Hologic 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.
For more detail on how to invest in Hologic Stock please use our How to Invest in Hologic guide.
You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Please note, there is a significant difference between Hologic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hologic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hologic's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.