Hitron Technologies (Taiwan) Buy Hold or Sell Recommendation

2419 Stock  TWD 31.80  0.20  0.62%   
Assuming the 90 days trading horizon and your slightly conservative level of risk, our recommendation regarding Hitron Technologies is 'Not Rated'. Macroaxis provides Hitron Technologies buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding 2419 positions. The advice algorithm takes into account all of Hitron Technologies' available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Hitron Technologies' buy or sell advice are summarized below:
Real Value
0.0
Hype Value
0.0
Market Value
31.8
Naive Value
31.14
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Hitron Technologies given historical horizon and risk tolerance towards Hitron Technologies. When Macroaxis issues a 'buy' or 'sell' recommendation for Hitron Technologies, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Hitron Technologies 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.
In addition, we conduct extensive research on individual companies such as Hitron and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Hitron Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Execute Hitron Technologies Buy or Sell Advice

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

Time Horizon

Risk Tolerance

Execute Advice
Sell Hitron TechnologiesBuy Hitron Technologies
Strong Sell

Market Performance

Very WeakDetails

Volatility

Out of controlDetails

Hype Condition

Under hypedDetails

Current Valuation

UndervaluedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Responds to the marketDetails

Analyst Consensus

Not AvailableDetails

Reporting Quality (M-Score)

InapplicableDetails
For the selected time horizon Hitron Technologies has a Mean Deviation of 1.67, Standard Deviation of 2.48 and Variance of 6.15
Our investment recommendation module can be used to complement Hitron Technologies trade recommendations provided by average analyst sentiment. It analyzes the entity's potential to grow using fundamental, technical, data market data available at the time. To make sure Hitron Technologies is not overpriced, please check out all Hitron Technologies fundamentals, including its shares owned by insiders, price to earning, price to sales, as well as the relationship between the shares owned by institutions and price to book .

Hitron Technologies Trading Alerts and Improvement Suggestions

Hitron Technologies generated a negative expected return over the last 90 days
Hitron Technologies has accumulated about 3.81 B in cash with (264.65 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 11.85.
Roughly 64.0% of the company shares are owned by insiders or employees

Hitron Technologies Returns Distribution Density

The distribution of Hitron Technologies' historical returns is an attempt to chart the uncertainty of Hitron Technologies' future price movements. The chart of the probability distribution of Hitron Technologies daily returns describes the distribution of returns around its average expected value. We use Hitron Technologies price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Hitron Technologies returns is essential to provide solid investment advice for Hitron Technologies.
Mean Return
-0.09
Value At Risk
-3.52
Potential Upside
2.94
Standard Deviation
2.48
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Hitron Technologies 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.

Hitron Technologies 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 Hitron Technologies or Communications Equipment 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 Hitron Technologies' 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 Hitron 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
-0.27
β
Beta against NYSE Composite1.40
σ
Overall volatility
2.48
Ir
Information ratio -0.09

Hitron Technologies Volatility Alert

Hitron Technologies exhibits very low volatility with skewness of 0.14 and kurtosis of 6.99. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Hitron Technologies' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Hitron Technologies' 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.

Hitron Technologies Fundamentals Vs Peers

Comparing Hitron Technologies' 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 Hitron Technologies' direct or indirect competition across all of the common fundamentals between Hitron Technologies and the related equities. This way, we can detect undervalued stocks with similar characteristics as Hitron Technologies or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Hitron Technologies' fundamental indicators could also be used in its relative valuation, which is a method of valuing Hitron Technologies by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Hitron Technologies to competition
FundamentalsHitron TechnologiesPeer Average
Return On Equity0.0885-0.31
Return On Asset0.0369-0.14
Profit Margin0.03 %(1.27) %
Operating Margin0.06 %(5.51) %
Current Valuation8.84 B16.62 B
Shares Outstanding321.32 M571.82 M
Shares Owned By Insiders64.15 %10.09 %
Shares Owned By Institutions1.58 %39.21 %
Price To Earning19.30 X28.72 X
Price To Book1.61 X9.51 X
Price To Sales0.77 X11.42 X
Revenue9.68 B9.43 B
Gross Profit1.96 B27.38 B
EBITDA623.23 M3.9 B
Net Income71.58 M570.98 M
Cash And Equivalents3.81 B2.7 B
Cash Per Share11.85 X5.01 X
Total Debt2.93 B5.32 B
Debt To Equity0.54 %48.70 %
Current Ratio1.51 X2.16 X
Book Value Per Share16.33 X1.93 K
Cash Flow From Operations(264.65 M)971.22 M
Earnings Per Share1.15 X3.12 X
Target Price22.0
Number Of Employees3818.84 K
Beta1.08-0.15
Market Capitalization8.42 B19.03 B
Total Asset10.99 B29.47 B
Retained Earnings299 M9.33 B
Working Capital2.84 B1.48 B
Current Asset6.22 B9.34 B
Current Liabilities3.38 B7.9 B
Z Score1.28.72

Hitron Technologies Market Momentum

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

When is the right time to buy or sell Hitron Technologies? Buying financial instruments such as Hitron 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 Hitron Technologies 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 Broad Market ETFs Thematic Idea Now

Broad Market ETFs
Broad Market ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Broad Market ETFs theme has 43 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 Broad Market ETFs Theme or any other thematic opportunities.
View All  Next Launch
Check out Hitron Technologies 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 Equity Valuation module to check real value of public entities based on technical and fundamental data.

Complementary Tools for Hitron Stock analysis

When running Hitron Technologies' price analysis, check to measure Hitron Technologies' 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 Hitron Technologies is operating at the current time. Most of Hitron Technologies' value examination focuses on studying past and present price action to predict the probability of Hitron Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hitron Technologies' price. Additionally, you may evaluate how the addition of Hitron Technologies to your portfolios can decrease your overall portfolio volatility.
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Bonds Directory
Find actively traded corporate debentures issued by US companies
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Transaction History
View history of all your transactions and understand their impact on performance
CEOs Directory
Screen CEOs from public companies around the world
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Please note, there is a significant difference between Hitron Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hitron Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hitron Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.