Even Construtora (Brazil) Buy Hold or Sell Recommendation
| EVEN3 Stock | BRL 7.36 0.10 1.38% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Even Construtora e is 'Cautious Hold'. Macroaxis provides Even Construtora buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding EVEN3 positions. The advice algorithm takes into account all of Even Construtora's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Even Construtora's buy or sell advice are summarized below:
Real Value 7.66 | Hype Value 7.36 | Market Value 7.36 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Even Construtora e given historical horizon and risk tolerance towards Even Construtora. When Macroaxis issues a 'buy' or 'sell' recommendation for Even Construtora e, the advice is generated through an automated system that utilizes algorithms and statistical models.
Even |
Execute Even Construtora Buy or Sell Advice
The Even recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Even Construtora e. Macroaxis does not own or have any residual interests in Even Construtora e or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Even Construtora's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Even Construtora Trading Alerts and Improvement Suggestions
| Even Construtora e has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Even Construtora e has accumulated about 4.41 M in cash with (41.37 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.39. | |
| Over 78.0% of the company shares are held by institutions such as insurance companies |
Even Construtora Returns Distribution Density
The distribution of Even Construtora's historical returns is an attempt to chart the uncertainty of Even Construtora's future price movements. The chart of the probability distribution of Even Construtora daily returns describes the distribution of returns around its average expected value. We use Even Construtora e price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Even Construtora returns is essential to provide solid investment advice for Even Construtora.
| Mean Return | -0.11 | Value At Risk | -3.8 | Potential Upside | 3.34 | Standard Deviation | 2.01 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Even Construtora 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.
Even Construtora 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 Even Construtora or Household Durables 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 Even Construtora'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 Even 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 NYSE Composite | -0.14 | |
β | Beta against NYSE Composite | 0.28 | |
σ | Overall volatility | 1.91 | |
Ir | Information ratio | -0.1 |
Even Construtora Volatility Alert
Even Construtora e exhibits very low volatility with skewness of -0.15 and kurtosis of -0.05. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Even Construtora'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 Even Construtora'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.Even Construtora Fundamentals Vs Peers
Comparing Even Construtora'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 Even Construtora's direct or indirect competition across all of the common fundamentals between Even Construtora and the related equities. This way, we can detect undervalued stocks with similar characteristics as Even Construtora or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Even Construtora's fundamental indicators could also be used in its relative valuation, which is a method of valuing Even Construtora by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Even Construtora to competition |
| Fundamentals | Even Construtora | Peer Average |
| Return On Equity | 0.0938 | -0.31 |
| Return On Asset | 0.0241 | -0.14 |
| Profit Margin | 0.06 % | (1.27) % |
| Operating Margin | 0.10 % | (5.51) % |
| Current Valuation | 706.72 M | 16.62 B |
| Shares Outstanding | 206.65 M | 571.82 M |
| Shares Owned By Institutions | 77.50 % | 39.21 % |
| Price To Earning | (8.29) X | 28.72 X |
| Price To Book | 0.50 X | 9.51 X |
| Price To Sales | 0.41 X | 11.42 X |
| Revenue | 2.28 B | 9.43 B |
| Gross Profit | 632.04 M | 27.38 B |
| EBITDA | 356.13 M | 3.9 B |
| Net Income | 231.21 M | 570.98 M |
| Cash And Equivalents | 4.41 M | 2.7 B |
| Cash Per Share | 3.39 X | 5.01 X |
| Total Debt | 207.51 M | 5.32 B |
| Debt To Equity | 84.60 % | 48.70 % |
| Current Ratio | 2.96 X | 2.16 X |
| Book Value Per Share | 9.37 X | 1.93 K |
| Cash Flow From Operations | (41.37 M) | 971.22 M |
| Earnings Per Share | 0.71 X | 3.12 X |
| Price To Earnings To Growth | 1.09 X | 4.89 X |
| Target Price | 7.49 | |
| Number Of Employees | 23 | 18.84 K |
| Beta | 0.99 | -0.15 |
| Market Capitalization | 948.53 M | 19.03 B |
| Total Asset | 5.93 B | 29.47 B |
| Retained Earnings | 554 M | 9.33 B |
| Working Capital | 2.4 B | 1.48 B |
| Current Asset | 3.59 B | 9.34 B |
| Current Liabilities | 1.19 B | 7.9 B |
| Z Score | 2.4 | 8.72 |
Even Construtora Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Even . 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 Even Construtora Buy or Sell Advice
When is the right time to buy or sell Even Construtora e? Buying financial instruments such as Even 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 Even Construtora 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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Consumer Goods
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Consumer Goods 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 Consumer Goods Theme or any other thematic opportunities.
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Check out Even Construtora 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 that the Even Construtora e information on this page should be used as a complementary analysis to other Even Construtora'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 the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Complementary Tools for Even Stock analysis
When running Even Construtora's price analysis, check to measure Even Construtora'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 Even Construtora is operating at the current time. Most of Even Construtora's value examination focuses on studying past and present price action to predict the probability of Even Construtora's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Even Construtora's price. Additionally, you may evaluate how the addition of Even Construtora to your portfolios can decrease your overall portfolio volatility.
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