Looking ahead to this year that we have just started, the unanimous opinion that the various financial analysts are launching is that investors should be more selective in shaping their portfolio of securities and avoid stock market proposals from the most dangerous financial assets. Because in the face of an adverse scenario, you can lose a lot from now on. In this sense, there are a series of values that are currently very toxic when experiencing a very clear downtrend. And what in bearish situation of the financial markets can develop movements very complex as for arcades in this year.
Some of the securities included in the selective index of Spanish equities, the Ibex 35, have experienced very significant declines. close to 50% in 2018 even exceeding it in very specific cases. This scenario can be repeated in this year and with greater intensity if the evolution of the markets is even more negative than in the past year. To avoid problems you will have to detect which are the values where you should not be positioned in the coming months.
Although the evolution of the Ibex 35 is a certain one, it does not mean that it is applied to all the values of the stock market. Not much less. There are always sectors that are more sensitive to downs (or rises) than the rest. This is one of the strategies that you should use from now on to optimize your next investment portfolio. To help you make the best decision, we are going to show you which equity proposals are most at risk of depreciating in the coming months.
Dangerous values: Day
If there is currently a value that very clearly reflects this trend, it is undoubtedly this distribution chain in food. Its precedents are not at all positive since during the past year about 60% has been left in the valuation of their prices. It is even having serious problems refinancing its debt with banks. In this sense, you cannot forget that Día is a security that has received a new blow from the agency Moody's, which has lowered the rating of its debt and has placed it in a negative perspective due to the downward forecasts of its earnings and the liquidity problems that could arise if you do not find new ways of financing.
The ebitda (operating profit) of this company listed on the Ibex 35 has fallen by 24% in the first nine months of last year, to 281 million euros, and its debt reaches 1.422 million. Sales in that period fell by 9%, precisely because of the depreciation of the Argentine and Brazilian currencies, up to 6.949 million euros; without counting the currency effect, they would have grown 2,7% in this period. It is a bad precedent to buy the shares right now. Because in effect, the risks are much greater than the benefits that this kind of operations can bring.
Inditex with a powerful cut
Although it may surprise a good part of the small and medium investors, the textile company is one of the most dangerous in this new stock market exercise. This is shown by a good number of financial analysts who point out that the best strategy for investors is to sell their shares. Not surprisingly, they reflect that they can suffer severe cuts in the next few months. Beyond other technical considerations and maybe even from a fundamental point of view.
On the other hand, it is very important to know that the Galician textile is seeing its price in the stock market being cut by the different financial agents. One of the most relevant has come from Morgan Stanley, which has cut its target price for the company by 19%, since the $26 prior to $21. A trend that could intensify in this new year and to the point of becoming one of the most dangerous values of the moment since it is indicated that its revaluation potential has been exhausted in previous years.
Sniace on the edge of the abyss
Among the small-capitalization companies, one of those that shows the worst technical aspect is undoubtedly the chemistry that is based in Cantabria. Do not forget that it only trades at 0,10 euros, but with a downward journey that is even more dangerous and worrying than before. With the possibility of even being serious problems to finance. In this sense, Sniace comes from a payment suspension that took place around five years ago and that has been one of the catalysts for it to have lost a good part of the value it had, for example, 15 or 20 years ago.
In any case, another of the scenarios that small and medium investors may consider is that the shares of this company fall to the suspension of listing. And in which case, they would lose all the contributions made in value. It is not very unlikely that this event could develop in the next few years. Especially seeing the serious financing that it has and that has led to its valuation on the stock market barely exceeding the levels of 0,10 euros per shares. One of the lowest prices of companies listed on the equity markets in our country.
Many extensions
One of the common denominators of this very special value on the stock market is that it has undergone various capital increase processes in recent years. Faced with the prevailing need for seek financing in the financial markets themselves, as has happened in recent trading years. In this sense, it should be remembered that another of the small companies that are listed on the Spanish stock market, as in the specific case of Ercros, is going through these same circumstances and therefore one of those that must be more careful to take positions in this such a complex year for investments.
Not in vain, if for something he is distinguishing himself Ercros in recent months it is due to its extreme volatility, although within a very intense downward trend. With very tight operations that endanger the operations of small and medium investors. It is true that you can earn a lot of money by opening positions at this value, but for the same reason the money that you can leave yourself in each of the operations you execute during the year is also very important.
Solaria, your danger is vertigo
This company has risen so much over the past year that the altitude sickness it can be a reality in this exercise. Not surprisingly, a good part of financial analysts predict strong cuts in value and that may lead to levels not known in the last six months. After its strong appreciation, there is no doubt that entering the value is a bit scary. To the point that you have more to lose than to gain. It is no longer the time to open positions in this representative of the equities of our country.
Special care must also be taken with the representative of the Alternative Stock Market (MAB) Eurona. At the end of the day all their growth expectations have not been met, and in some cases not even their less optimistic forecasts. It is true that it has fallen a lot in the stock market, but of course it can do more from now on. This class of companies with such a small capitalization is driven by expectations and if these are not met, they fall with great force, more than is usual in these cases.
Repsol depends on the price of oil
Finally, the Spanish oil company will have to be quarantined despite having done very well in the last three years. This is due to the forecasts of a falling price of a barrel of black gold and that would undoubtedly have a very negative impact on one of the reference companies of the selective index of national equities such as Repsol. Since international organizations calculate that the rate for this energy may fall this year to levels a little less than 50 dollars a barrel.
The dependence of the shares of the national oil company with this financial asset is very high and this makes its fluctuations in the financial markets more intense than in other representatives of the Ibex 35. Where one day goes up 5% and the other loses the same percentage or even a higher one. Of course, it is not a quiet value for the most defensive investors and it will require a lot of patience to define a timely strategy to make the savings profitable in an exercise as complicated as the current one is going to be.
As you have seen, there are many traps that the bag prepares for you for this year and that you will have to be out of in the coming months. As a strategy to protect the personal assets that you treasure. until defining it to make the savings profitable in an exercise as complicated as the current one is going to be.