Central Reinsurance (Taiwan) Buy Hold or Sell Recommendation

2851 Stock  TWD 24.90  0.30  1.22%   
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Central Reinsurance Corp is 'Hold'. Macroaxis provides Central Reinsurance buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding 2851 positions. The advice algorithm takes into account all of Central Reinsurance's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Central Reinsurance's buy or sell advice are summarized below:
Real Value
24.26
Hype Value
24.9
Market Value
24.9
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Central Reinsurance Corp given historical horizon and risk tolerance towards Central Reinsurance. When Macroaxis issues a 'buy' or 'sell' recommendation for Central Reinsurance Corp, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Central Reinsurance 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 Central and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Central Reinsurance Corp. 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 Central Reinsurance Buy or Sell Advice

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

Time Horizon

Risk Tolerance

Execute Advice
Sell Central ReinsuranceBuy Central Reinsurance
Hold

Market Performance

OKDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds Of Distress

About AverageDetails

Economic Sensitivity

Barely shadows the marketDetails

Analyst Consensus

Not AvailableDetails

Reporting Quality (M-Score)

InapplicableDetails
For the selected time horizon Central Reinsurance Corp has a Risk Adjusted Performance of 0.074, Jensen Alpha of 0.0984, Total Risk Alpha of (0.11), Sortino Ratio of (0.01) and Treynor Ratio of 0.7252
Our investment recommendation module complements current analysts and expert consensus on Central Reinsurance. It analyzes the firm potential to grow using all fundamental, technical, and market related data available at the time. To make sure Central Reinsurance is not overpriced, please confirm all Central Reinsurance Corp fundamentals, including its shares owned by insiders, price to earning, and the relationship between the shares outstanding and shares owned by institutions .

Central Reinsurance Trading Alerts and Improvement Suggestions

About 88.0% of the company shares are owned by insiders or employees

Central Reinsurance Returns Distribution Density

The distribution of Central Reinsurance's historical returns is an attempt to chart the uncertainty of Central Reinsurance's future price movements. The chart of the probability distribution of Central Reinsurance daily returns describes the distribution of returns around its average expected value. We use Central Reinsurance Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Central Reinsurance returns is essential to provide solid investment advice for Central Reinsurance.
Mean Return
0.13
Value At Risk
-1.09
Potential Upside
1.55
Standard Deviation
1.03
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Central Reinsurance 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.

Central Reinsurance 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 Central Reinsurance or Insurance 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 Central Reinsurance'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 Central 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
0.1
β
Beta against NYSE Composite0.16
σ
Overall volatility
1.09
Ir
Information ratio -0.0053

Central Reinsurance Volatility Alert

Central Reinsurance Corp exhibits relatively low volatility with skewness of 2.45 and kurtosis of 10.94. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Central Reinsurance'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 Central Reinsurance'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.

Central Reinsurance Fundamentals Vs Peers

Comparing Central Reinsurance'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 Central Reinsurance's direct or indirect competition across all of the common fundamentals between Central Reinsurance and the related equities. This way, we can detect undervalued stocks with similar characteristics as Central Reinsurance or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Central Reinsurance's fundamental indicators could also be used in its relative valuation, which is a method of valuing Central Reinsurance by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Central Reinsurance to competition
FundamentalsCentral ReinsurancePeer Average
Return On Equity0.0332-0.31
Return On Asset-0.0196-0.14
Profit Margin0.03 %(1.27) %
Operating Margin(0.08) %(5.51) %
Current Valuation(9.57 B)16.62 B
Shares Outstanding800.39 M571.82 M
Shares Owned By Insiders87.65 %10.09 %
Shares Owned By Institutions1.63 %39.21 %
Price To Earning10.67 X28.72 X
Price To Book0.84 X9.51 X
Price To Sales0.58 X11.42 X
Revenue20.44 B9.43 B
Gross Profit3.36 B27.38 B
EBITDA(1.54 B)3.9 B
Net Income2.07 B570.98 M
Cash And Equivalents19.08 B2.7 B
Cash Per Share32.24 X5.01 X
Total Debt122 K5.32 B
Current Ratio1.28 X2.16 X
Book Value Per Share23.29 X1.93 K
Cash Flow From Operations3.17 B971.22 M
Earnings Per Share0.81 X3.12 X
Number Of Employees16318.84 K
Beta0.46-0.15
Market Capitalization14.65 B19.03 B
Total Asset49.46 B29.47 B
Retained Earnings3.37 B9.33 B
Working Capital2 B1.48 B
Current Asset19.65 B9.34 B
Current Liabilities17.65 B7.9 B
Annual Yield0.1 %
Five Year Return5.61 %
Net Asset49.46 B

Central Reinsurance Market Momentum

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

When is the right time to buy or sell Central Reinsurance Corp? Buying financial instruments such as Central 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 Central Reinsurance 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 Alternative Energy Thematic Idea Now

Alternative Energy
Alternative Energy Theme
Large and mid-size companies, ETFs and funds that are either investing or directly involved in providing energy derived from sources not connected to fossil fuels, do not consume natural resources, and do not harm the environment. This includes wind power, nuclear and solar energy, biofuel, ethanol, hydrogen and others alternative sources of energy. The Alternative Energy theme has 42 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 Alternative Energy Theme or any other thematic opportunities.
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Check out Central Reinsurance 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 Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

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Please note, there is a significant difference between Central Reinsurance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Central Reinsurance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Central Reinsurance's 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.