Chang Ho (Taiwan) Buy Hold or Sell Recommendation
| 1468 Stock | TWD 11.85 0.40 3.27% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Chang Ho Fibre is 'Strong Sell'. Macroaxis provides Chang Ho buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Chang Ho positions. The advice algorithm takes into account all of Chang Ho's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Chang Ho's buy or sell advice are summarized below:
Real Value 10.86 | Hype Value 12.2 | Market Value 11.85 | Naive Value 11.29 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Chang Ho Fibre given historical horizon and risk tolerance towards Chang Ho. When Macroaxis issues a 'buy' or 'sell' recommendation for Chang Ho Fibre, the advice is generated through an automated system that utilizes algorithms and statistical models.
Chang |
Execute Chang Ho Buy or Sell Advice
The Chang recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Chang Ho Fibre. Macroaxis does not own or have any residual interests in Chang Ho Fibre or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Chang Ho's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves slightly opposite to the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Chang Ho Trading Alerts and Improvement Suggestions
| Chang Ho Fibre generated a negative expected return over the last 90 days | |
| Chang Ho Fibre has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Chang Ho Fibre has accumulated about 426.98 M in cash with (485.02 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.66. | |
| Roughly 85.0% of the company shares are owned by insiders or employees |
Chang Ho Returns Distribution Density
The distribution of Chang Ho's historical returns is an attempt to chart the uncertainty of Chang Ho's future price movements. The chart of the probability distribution of Chang Ho daily returns describes the distribution of returns around its average expected value. We use Chang Ho Fibre price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Chang Ho returns is essential to provide solid investment advice for Chang Ho.
| Mean Return | -0.17 | Value At Risk | -3.23 | Potential Upside | 2.37 | Standard Deviation | 2.06 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Chang Ho 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.
Chang Ho 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 Chang Ho or Textiles, Apparel & Luxury Goods 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 Chang Ho'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 Chang 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 | -0.58 | |
σ | Overall volatility | 2.06 | |
Ir | Information ratio | -0.11 |
Chang Ho Volatility Alert
Chang Ho Fibre exhibits very low volatility with skewness of 1.27 and kurtosis of 10.78. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Chang Ho'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 Chang Ho'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.Chang Ho Fundamentals Vs Peers
Comparing Chang Ho'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 Chang Ho's direct or indirect competition across all of the common fundamentals between Chang Ho and the related equities. This way, we can detect undervalued stocks with similar characteristics as Chang Ho or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Chang Ho's fundamental indicators could also be used in its relative valuation, which is a method of valuing Chang Ho by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Chang Ho to competition |
| Fundamentals | Chang Ho | Peer Average |
| Return On Equity | 0.12 | -0.31 |
| Return On Asset | 0.0031 | -0.14 |
| Profit Margin | 0.11 % | (1.27) % |
| Operating Margin | 0.01 % | (5.51) % |
| Current Valuation | 2.87 B | 16.62 B |
| Shares Outstanding | 160.4 M | 571.82 M |
| Shares Owned By Insiders | 85.00 % | 10.09 % |
| Price To Earning | 23.07 X | 28.72 X |
| Price To Book | 1.66 X | 9.51 X |
| Price To Sales | 1.59 X | 11.42 X |
| Revenue | 1.14 B | 9.43 B |
| Gross Profit | 129.66 M | 27.38 B |
| EBITDA | 82.43 M | 3.9 B |
| Net Income | 9.65 M | 570.98 M |
| Cash And Equivalents | 426.98 M | 2.7 B |
| Cash Per Share | 2.66 X | 5.01 X |
| Total Debt | 510.32 M | 5.32 B |
| Debt To Equity | 100.60 % | 48.70 % |
| Current Ratio | 2.22 X | 2.16 X |
| Book Value Per Share | 8.17 X | 1.93 K |
| Cash Flow From Operations | (485.02 M) | 971.22 M |
| Earnings Per Share | 0.90 X | 3.12 X |
| Number Of Employees | 14 | 18.84 K |
| Beta | 0.5 | -0.15 |
| Market Capitalization | 2.23 B | 19.03 B |
| Total Asset | 3.43 B | 29.47 B |
| Retained Earnings | (594 M) | 9.33 B |
| Working Capital | 509 M | 1.48 B |
| Current Asset | 1.22 B | 9.34 B |
| Current Liabilities | 709 M | 7.9 B |
| Z Score | 2.4 | 8.72 |
| Net Asset | 3.43 B |
Chang Ho Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Chang . 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 | 4819.67 | |||
| Daily Balance Of Power | (0.67) | |||
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 11.9 | |||
| Day Typical Price | 11.88 | |||
| Price Action Indicator | (0.25) | |||
| Period Momentum Indicator | (0.40) | |||
| Relative Strength Index | 18.11 |
About Chang Ho Buy or Sell Advice
When is the right time to buy or sell Chang Ho Fibre? Buying financial instruments such as Chang 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
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Pharmaceutical Products
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Check out Chang Ho 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. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Complementary Tools for Chang Stock analysis
When running Chang Ho's price analysis, check to measure Chang Ho'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 Chang Ho is operating at the current time. Most of Chang Ho's value examination focuses on studying past and present price action to predict the probability of Chang Ho's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chang Ho's price. Additionally, you may evaluate how the addition of Chang Ho to your portfolios can decrease your overall portfolio volatility.
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