Techtronic Industries Stock Buy Hold or Sell Recommendation

TTNDF Stock  USD 13.38  0.80  6.36%   
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Techtronic Industries is 'Strong Sell'. Macroaxis provides Techtronic Industries buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding TTNDF positions.
  
Check out Techtronic Industries 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 Techtronic and provide practical buy, sell, or hold advice based on investors' constraints. Techtronic Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

Execute Techtronic Industries Buy or Sell Advice

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

Time Horizon

Risk Tolerance

Execute Advice
Sell Techtronic IndustriesBuy Techtronic Industries
Strong Sell

Market Performance

Very WeakDetails

Volatility

Somewhat reliableDetails

Hype Condition

StaleDetails

Current Valuation

OvervaluedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Slowly supersedes the marketDetails

Analyst Consensus

Not AvailableDetails

Reporting Quality (M-Score)

InapplicableDetails
For the selected time horizon Techtronic Industries has a Mean Deviation of 1.35, Standard Deviation of 3.59 and Variance of 12.92
Our advice tool can cross-verify current analyst consensus on Techtronic Industries and to analyze the firm potential to grow in the current economic cycle. To make sure Techtronic Industries is not overpriced, please validate all Techtronic Industries fundamentals, including its cash and equivalents, number of employees, and the relationship between the revenue and current ratio . Given that Techtronic Industries has a price to book of 4.60 X, we advise you to double-check Techtronic Industries market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your current risk tolerance and investing horizon.

Techtronic Industries Trading Alerts and Improvement Suggestions

Techtronic Industries generated a negative expected return over the last 90 days
Techtronic Industries has high historical volatility and very poor performance
Techtronic Industries has accumulated about 1.67 B in cash with (100.94 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.91.
Roughly 25.0% of the company outstanding shares are owned by corporate insiders

Techtronic Industries Returns Distribution Density

The distribution of Techtronic Industries' historical returns is an attempt to chart the uncertainty of Techtronic Industries' future price movements. The chart of the probability distribution of Techtronic Industries daily returns describes the distribution of returns around its average expected value. We use Techtronic Industries price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Techtronic Industries returns is essential to provide solid investment advice for Techtronic Industries.
Mean Return
-0.03
Value At Risk
-8.27
Potential Upside
6.36
Standard Deviation
3.59
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Techtronic Industries 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.

Techtronic Industries 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 Techtronic Industries or Industrials 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 Techtronic Industries' price will be affected by overall pink sheet 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 Techtronic pink sheet'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
-0.05
β
Beta against Dow Jones0.38
σ
Overall volatility
3.65
Ir
Information ratio -0.02

Techtronic Industries Volatility Alert

Techtronic Industries exhibits very low volatility with skewness of -0.62 and kurtosis of 7.09. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Techtronic Industries' pink sheet risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Techtronic Industries' pink sheet 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.

Techtronic Industries Fundamentals Vs Peers

Comparing Techtronic Industries' 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 Techtronic Industries' direct or indirect competition across all of the common fundamentals between Techtronic Industries and the related equities. This way, we can detect undervalued stocks with similar characteristics as Techtronic Industries or determine the pink sheets which would be an excellent addition to an existing portfolio. Peer analysis of Techtronic Industries' fundamental indicators could also be used in its relative valuation, which is a method of valuing Techtronic Industries by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Techtronic Industries to competition
FundamentalsTechtronic IndustriesPeer Average
Return On Equity0.25-0.31
Return On Asset0.0601-0.14
Profit Margin0.08 %(1.27) %
Operating Margin0.09 %(5.51) %
Current Valuation24.63 B16.62 B
Shares Outstanding1.83 B571.82 M
Shares Owned By Insiders25.20 %10.09 %
Shares Owned By Institutions43.28 %39.21 %
Price To Earning27.03 X28.72 X
Price To Book4.60 X9.51 X
Price To Sales1.62 X11.42 X
Revenue13.2 B9.43 B
Gross Profit5.12 B27.38 B
EBITDA1.65 B3.9 B
Net Income1.1 B570.98 M
Cash And Equivalents1.67 B2.7 B
Cash Per Share0.91 X5.01 X
Total Debt1.03 B5.32 B
Debt To Equity0.78 %48.70 %
Current Ratio1.41 X2.16 X
Book Value Per Share2.75 X1.93 K
Cash Flow From Operations(100.94 M)971.22 M
Earnings Per Share0.63 X3.12 X
Number Of Employees47.57 K18.84 K
Beta1.44-0.15
Market Capitalization25.52 B19.03 B
Total Asset13.01 B29.47 B
Retained Earnings1.73 B9.33 B
Working Capital978 M1.48 B
Current Asset3.21 B9.34 B
Current Liabilities2.24 B7.9 B
Z Score15.48.72
Annual Yield0.02 %

Techtronic Industries Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Techtronic . 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 Techtronic Industries Buy or Sell Advice

When is the right time to buy or sell Techtronic Industries? Buying financial instruments such as Techtronic Pink Sheet 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 Techtronic Industries 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?

Run Tech Growth Thematic Idea Now

Tech Growth
Tech Growth Theme
Instruments that are typically traded at high earnings multiples compared to their competitors and other sectors and have been known to drive market cycles frequently. The Tech Growth theme has 66 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 Tech Growth Theme or any other thematic opportunities.
View All  Next Launch

Other Information on Investing in Techtronic Pink Sheet

Techtronic Industries financial ratios help investors to determine whether Techtronic Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Techtronic with respect to the benefits of owning Techtronic Industries security.