Bionet (Taiwan) Buy Hold or Sell Recommendation
1784 Stock | TWD 62.50 1.70 2.65% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Bionet is 'Hold'. Macroaxis provides Bionet buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Bionet positions. The advice algorithm takes into account all of Bionet's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Bionet's buy or sell advice are summarized below:
Real Value 61.95 | Hype Value 62.5 | Market Value 62.5 | Naive Value 63.29 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Bionet given historical horizon and risk tolerance towards Bionet. When Macroaxis issues a 'buy' or 'sell' recommendation for Bionet, the advice is generated through an automated system that utilizes algorithms and statistical models.
Bionet |
Execute Bionet Buy or Sell Advice
The Bionet recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Bionet. Macroaxis does not own or have any residual interests in Bionet or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Bionet's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
Hold
Market Performance | Modest | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Bionet Trading Alerts and Improvement Suggestions
About 30.0% of the company shares are owned by insiders or employees |
Bionet Returns Distribution Density
The distribution of Bionet's historical returns is an attempt to chart the uncertainty of Bionet's future price movements. The chart of the probability distribution of Bionet daily returns describes the distribution of returns around its average expected value. We use Bionet price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Bionet returns is essential to provide solid investment advice for Bionet.
Mean Return | 0.17 | Value At Risk | -2.23 | Potential Upside | 3.45 | Standard Deviation | 1.62 |
Return Density |
Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Bionet 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.
Bionet 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 Bionet or Healthcare 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 Bionet'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 Bionet 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 | 0.11 | |
β | Beta against NYSE Composite | 0.41 | |
σ | Overall volatility | 1.67 | |
Ir | Information ratio | 0.02 |
Bionet Volatility Alert
Bionet has relatively low volatility with skewness of 0.78 and kurtosis of 1.16. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Bionet'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 Bionet'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.Bionet Fundamentals Vs Peers
Comparing Bionet'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 Bionet's direct or indirect competition across all of the common fundamentals between Bionet and the related equities. This way, we can detect undervalued stocks with similar characteristics as Bionet or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Bionet's fundamental indicators could also be used in its relative valuation, which is a method of valuing Bionet by comparing valuation metrics with those of similar companies.
Better Than Average | Worse Than Average | Compare Bionet to competition |
Fundamentals | Bionet | Peer Average |
Return On Equity | 0.0291 | -0.31 |
Return On Asset | 0.0115 | -0.14 |
Profit Margin | 0.03 % | (1.27) % |
Operating Margin | 0.04 % | (5.51) % |
Current Valuation | 1.65 B | 16.62 B |
Shares Outstanding | 46.99 M | 571.82 M |
Shares Owned By Insiders | 30.41 % | 10.09 % |
Shares Owned By Institutions | 0.47 % | 39.21 % |
Price To Book | 1.89 X | 9.51 X |
Price To Sales | 2.18 X | 11.42 X |
Revenue | 921.42 M | 9.43 B |
Gross Profit | 503.07 M | 27.38 B |
EBITDA | 80.41 M | 3.9 B |
Net Income | 26.62 M | 570.98 M |
Book Value Per Share | 22.82 X | 1.93 K |
Cash Flow From Operations | 13.88 M | 971.22 M |
Earnings Per Share | 0.52 X | 3.12 X |
Number Of Employees | 16 | 18.84 K |
Beta | 0.84 | -0.15 |
Market Capitalization | 2.18 B | 19.03 B |
Total Asset | 1.78 B | 29.47 B |
Annual Yield | 0.01 % | |
Net Asset | 1.78 B | |
Last Dividend Paid | 0.49 |
Bionet Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Bionet . 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 | 2064.33 | |||
Daily Balance Of Power | (1.70) | |||
Rate Of Daily Change | 0.97 | |||
Day Median Price | 62.6 | |||
Day Typical Price | 62.57 | |||
Price Action Indicator | (0.95) | |||
Period Momentum Indicator | (1.70) | |||
Relative Strength Index | 92.56 |
About Bionet Buy or Sell Advice
When is the right time to buy or sell Bionet? Buying financial instruments such as Bionet 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 Bionet 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 Beers Thematic Idea Now
Beers
Companies involved in production and distribution of domestic and international beer. The Beers theme has 48 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 Beers Theme or any other thematic opportunities.
View All Next | Launch |
Check out Bionet 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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Complementary Tools for Bionet Stock analysis
When running Bionet's price analysis, check to measure Bionet'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 Bionet is operating at the current time. Most of Bionet's value examination focuses on studying past and present price action to predict the probability of Bionet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bionet's price. Additionally, you may evaluate how the addition of Bionet to your portfolios can decrease your overall portfolio volatility.
Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
CEOs Directory Screen CEOs from public companies around the world |