Taichung Commercial (Taiwan) Buy Hold or Sell Recommendation
| 2812 Stock | TWD 17.40 0.10 0.58% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Taichung Commercial Bank is 'Strong Hold'. Macroaxis provides Taichung Commercial buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding 2812 positions. The advice algorithm takes into account all of Taichung Commercial's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Taichung Commercial's buy or sell advice are summarized below:
Real Value 16.91 | Hype Value 17.4 | Market Value 17.4 | Naive Value 17.92 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Taichung Commercial Bank given historical horizon and risk tolerance towards Taichung Commercial. When Macroaxis issues a 'buy' or 'sell' recommendation for Taichung Commercial Bank, the advice is generated through an automated system that utilizes algorithms and statistical models.
Taichung |
Execute Taichung Commercial Buy or Sell Advice
The Taichung recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Taichung Commercial Bank. Macroaxis does not own or have any residual interests in Taichung Commercial Bank or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Taichung Commercial's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | About Average | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Taichung Commercial Trading Alerts and Improvement Suggestions
| Taichung Commercial Bank has accumulated about 51.06 B in cash with (20.56 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 10.72. | |
| Roughly 39.0% of the company shares are owned by insiders or employees |
Taichung Commercial Returns Distribution Density
The distribution of Taichung Commercial's historical returns is an attempt to chart the uncertainty of Taichung Commercial's future price movements. The chart of the probability distribution of Taichung Commercial daily returns describes the distribution of returns around its average expected value. We use Taichung Commercial Bank price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Taichung Commercial returns is essential to provide solid investment advice for Taichung Commercial.
| Mean Return | 0.14 | Value At Risk | -1.24 | Potential Upside | 1.76 | Standard Deviation | 1.06 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Taichung Commercial 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.
Taichung Commercial 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 Taichung Commercial or Banks 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 Taichung Commercial'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 Taichung 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 | 0.12 | |
β | Beta against NYSE Composite | 0.07 | |
σ | Overall volatility | 1.11 | |
Ir | Information ratio | 0.06 |
Taichung Commercial Volatility Alert
Taichung Commercial Bank has low volatility with Treynor Ratio of 1.73, Maximum Drawdown of 6.76 and kurtosis of 3.73. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Taichung Commercial'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 Taichung Commercial'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.Taichung Commercial Fundamentals Vs Peers
Comparing Taichung Commercial'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 Taichung Commercial's direct or indirect competition across all of the common fundamentals between Taichung Commercial and the related equities. This way, we can detect undervalued stocks with similar characteristics as Taichung Commercial or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Taichung Commercial's fundamental indicators could also be used in its relative valuation, which is a method of valuing Taichung Commercial by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Taichung Commercial to competition |
| Fundamentals | Taichung Commercial | Peer Average |
| Return On Equity | 0.0828 | -0.31 |
| Return On Asset | 0.0067 | -0.14 |
| Profit Margin | 0.39 % | (1.27) % |
| Operating Margin | 0.47 % | (5.51) % |
| Current Valuation | 22.74 B | 16.62 B |
| Shares Outstanding | 5.02 B | 571.82 M |
| Shares Owned By Insiders | 39.13 % | 10.09 % |
| Shares Owned By Institutions | 10.22 % | 39.21 % |
| Price To Earning | 12.54 X | 28.72 X |
| Price To Book | 0.97 X | 9.51 X |
| Price To Sales | 4.73 X | 11.42 X |
| Revenue | 13.73 B | 9.43 B |
| Gross Profit | 12.35 B | 27.38 B |
| Net Income | 4.8 B | 570.98 M |
| Cash And Equivalents | 51.06 B | 2.7 B |
| Cash Per Share | 10.72 X | 5.01 X |
| Total Debt | 36.81 B | 5.32 B |
| Book Value Per Share | 13.60 X | 1.93 K |
| Cash Flow From Operations | (20.56 B) | 971.22 M |
| Earnings Per Share | 1.09 X | 3.12 X |
| Target Price | 13.05 | |
| Number Of Employees | 37 | 18.84 K |
| Beta | 0.32 | -0.15 |
| Market Capitalization | 66.45 B | 19.03 B |
| Total Asset | 772.68 B | 29.47 B |
| Retained Earnings | 6.53 B | 9.33 B |
| Working Capital | (414.1 B) | 1.48 B |
| Current Asset | 120.04 B | 9.34 B |
| Current Liabilities | 534.14 B | 7.9 B |
| Z Score | 0.6 | 8.72 |
| Annual Yield | 0.02 % | |
| Five Year Return | 3.09 % | |
| Net Asset | 772.68 B |
Taichung Commercial Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Taichung . 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 Taichung Commercial Buy or Sell Advice
When is the right time to buy or sell Taichung Commercial Bank? Buying financial instruments such as Taichung 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 Taichung Commercial 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 Money Market Funds Thematic Idea Now
Money Market Funds
Funds or Etfs investing in various types of short-term (less than one year) fixed income instruments of high-quality and liquidity. The Money Market Funds theme has 45 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 Money Market Funds Theme or any other thematic opportunities.
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Check out Taichung Commercial 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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Complementary Tools for Taichung Stock analysis
When running Taichung Commercial's price analysis, check to measure Taichung Commercial'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 Taichung Commercial is operating at the current time. Most of Taichung Commercial's value examination focuses on studying past and present price action to predict the probability of Taichung Commercial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taichung Commercial's price. Additionally, you may evaluate how the addition of Taichung Commercial to your portfolios can decrease your overall portfolio volatility.
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