Steel Authority (India) Buy Hold or Sell Recommendation
| SAIL Stock | 116.28 0.02 0.02% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Steel Authority of is 'Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Steel Authority of given historical horizon and risk tolerance towards Steel Authority. When Macroaxis issues a 'buy' or 'sell' recommendation for Steel Authority of, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Steel Authority 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, we conduct extensive research on individual companies such as Steel and provide practical buy, sell, or hold advice based on investors' constraints. Steel Authority of. 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.
Steel |
Execute Steel Authority Buy or Sell Advice
The Steel recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Steel Authority of. Macroaxis does not own or have any residual interests in Steel Authority of or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Steel Authority's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Sell
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Steel Authority Trading Alerts and Improvement Suggestions
| Steel Authority generated a negative expected return over the last 90 days | |
| About 65.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Steel Authority Of India Share Price Today on 22-11-2024 Steel Authority Of India share price are up by 1.04, Nifty up by 0.71 percent Stock Market News - Mint |
Steel Authority Returns Distribution Density
The distribution of Steel Authority's historical returns is an attempt to chart the uncertainty of Steel Authority's future price movements. The chart of the probability distribution of Steel Authority daily returns describes the distribution of returns around its average expected value. We use Steel Authority of price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Steel Authority returns is essential to provide solid investment advice for Steel Authority.
| Mean Return | -0.24 | Value At Risk | -3.68 | Potential Upside | 3.24 | Standard Deviation | 2.03 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Steel Authority 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.
Steel Authority Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (45.1B) | 41.2B | (48.5B) | (84.3B) | (50.4B) | (47.9B) | |
| Capital Expenditures | 47.5B | 36.7B | 36.7B | 39.3B | 47.1B | 55.9B | |
| End Period Cash Flow | 1.9B | 5.2B | 1.3B | 570.9M | 693.8M | 659.1M | |
| Change In Cash | 1.2B | 3.3B | (3.9B) | (744.5M) | 122.9M | 116.8M | |
| Free Cash Flow | (53.7B) | 197.6B | 273.2B | (92.2B) | (18.0B) | (17.1B) | |
| Depreciation | 37.6B | 41.0B | 42.8B | 49.6B | 52.8B | 26.9B | |
| Other Non Cash Items | 29.8B | 20.6B | 9.4B | 5.9B | 22.2B | 23.3B | |
| Net Income | 33.0B | 72.1B | 162.9B | 28.9B | 30.7B | 39.8B | |
| Investments | (256.3M) | (156.1M) | (7.4B) | (33.7B) | (42.6B) | (40.5B) | |
| Net Borrowings | (2.4B) | 89.1B | (163.3B) | (224.1B) | (201.7B) | (191.6B) | |
| Change To Netincome | 41.5B | 40.7B | 51.2B | 49.8B | 57.3B | 60.2B |
Steel Authority 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 Steel Authority or Metals & Mining 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 Steel Authority'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 Steel 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 | -0.28 | |
β | Beta against Dow Jones | 0.28 | |
σ | Overall volatility | 2.10 | |
Ir | Information ratio | -0.18 |
Steel Authority Volatility Alert
Steel Authority of exhibits very low volatility with skewness of 0.06 and kurtosis of 0.16. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Steel Authority'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 Steel Authority'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.Steel Authority Fundamentals Vs Peers
Comparing Steel Authority'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 Steel Authority's direct or indirect competition across all of the common fundamentals between Steel Authority and the related equities. This way, we can detect undervalued stocks with similar characteristics as Steel Authority or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Steel Authority's fundamental indicators could also be used in its relative valuation, which is a method of valuing Steel Authority by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Steel Authority to competition |
| Fundamentals | Steel Authority | Peer Average |
| Return On Equity | 0.0445 | -0.31 |
| Return On Asset | 0.0258 | -0.14 |
| Profit Margin | 0.03 % | (1.27) % |
| Operating Margin | 0.07 % | (5.51) % |
| Current Valuation | 876.37 B | 16.62 B |
| Shares Outstanding | 4.13 B | 571.82 M |
| Shares Owned By Insiders | 64.99 % | 10.09 % |
| Shares Owned By Institutions | 17.16 % | 39.21 % |
| Price To Book | 0.83 X | 9.51 X |
| Price To Sales | 0.48 X | 11.42 X |
| Revenue | 1.05 T | 9.43 B |
| Gross Profit | 454.03 B | 27.38 B |
| EBITDA | 117.54 B | 3.9 B |
| Net Income | 30.67 B | 570.98 M |
| Cash And Equivalents | 570.9 M | 2.7 B |
| Total Debt | 363.23 B | 5.32 B |
| Book Value Per Share | 139.29 X | 1.93 K |
| Cash Flow From Operations | 29.11 B | 971.22 M |
| Earnings Per Share | 6.12 X | 3.12 X |
| Target Price | 113.58 | |
| Number Of Employees | 55.99 K | 18.84 K |
| Beta | 1.66 | -0.15 |
| Market Capitalization | 480.46 B | 19.03 B |
| Total Asset | 1.41 T | 29.47 B |
| Retained Earnings | 463.79 B | 9.33 B |
| Working Capital | (53.27 B) | 1.48 B |
| Annual Yield | 0.02 % | |
| Net Asset | 1.41 T |
Steel Authority Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Steel . 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.
| Accumulation Distribution | 246653.0 | |||
| Daily Balance Of Power | 0.0095 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 116.26 | |||
| Day Typical Price | 116.27 | |||
| Price Action Indicator | 0.025 | |||
| Period Momentum Indicator | 0.02 | |||
| Relative Strength Index | 44.83 |
About Steel Authority Buy or Sell Advice
When is the right time to buy or sell Steel Authority of? Buying financial instruments such as Steel 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.
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In addition to having Steel Authority 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.Did You Try This Idea?
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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 Long/short ETFs Theme or any other thematic opportunities.
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Additional Tools for Steel Stock Analysis
When running Steel Authority's price analysis, check to measure Steel Authority'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 Steel Authority is operating at the current time. Most of Steel Authority's value examination focuses on studying past and present price action to predict the probability of Steel Authority's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Steel Authority's price. Additionally, you may evaluate how the addition of Steel Authority to your portfolios can decrease your overall portfolio volatility.