Prime Oil (Taiwan) Buy Hold or Sell Recommendation
| 2904 Stock | TWD 18.30 0.05 0.27% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Prime Oil Chemical is 'Cautious Hold'. Macroaxis provides Prime Oil buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding 2904 positions. The advice algorithm takes into account all of Prime Oil's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Prime Oil's buy or sell advice are summarized below:
Real Value 18.4 | Hype Value 18.3 | Market Value 18.3 | Naive Value 18.42 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Prime Oil Chemical given historical horizon and risk tolerance towards Prime Oil. When Macroaxis issues a 'buy' or 'sell' recommendation for Prime Oil Chemical, the advice is generated through an automated system that utilizes algorithms and statistical models.
Prime |
Execute Prime Oil Buy or Sell Advice
The Prime recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Prime Oil Chemical. Macroaxis does not own or have any residual interests in Prime Oil Chemical or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Prime Oil's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Prime Oil Trading Alerts and Improvement Suggestions
| Prime Oil Chemical generated a negative expected return over the last 90 days | |
| About 57.0% of the company shares are owned by insiders or employees |
Prime Oil Returns Distribution Density
The distribution of Prime Oil's historical returns is an attempt to chart the uncertainty of Prime Oil's future price movements. The chart of the probability distribution of Prime Oil daily returns describes the distribution of returns around its average expected value. We use Prime Oil Chemical price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Prime Oil returns is essential to provide solid investment advice for Prime Oil.
| Mean Return | -0.05 | Value At Risk | -0.82 | Potential Upside | 0.56 | Standard Deviation | 0.40 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Prime Oil 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.
Prime Oil 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 Prime Oil or Oil, Gas & Consumable Fuels 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 Prime Oil'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 Prime 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 | -0.06 | |
β | Beta against NYSE Composite | 0.01 | |
σ | Overall volatility | 0.38 | |
Ir | Information ratio | -0.32 |
Prime Oil Volatility Alert
Prime Oil Chemical exhibits very low volatility with skewness of -0.45 and kurtosis of 0.83. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Prime Oil'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 Prime Oil'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.Prime Oil Fundamentals Vs Peers
Comparing Prime Oil'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 Prime Oil's direct or indirect competition across all of the common fundamentals between Prime Oil and the related equities. This way, we can detect undervalued stocks with similar characteristics as Prime Oil or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Prime Oil's fundamental indicators could also be used in its relative valuation, which is a method of valuing Prime Oil by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Prime Oil to competition |
| Fundamentals | Prime Oil | Peer Average |
| Return On Equity | 0.0898 | -0.31 |
| Return On Asset | 0.0248 | -0.14 |
| Profit Margin | 0.20 % | (1.27) % |
| Operating Margin | 0.17 % | (5.51) % |
| Current Valuation | 2.38 B | 16.62 B |
| Shares Outstanding | 77.83 M | 571.82 M |
| Shares Owned By Insiders | 57.49 % | 10.09 % |
| Price To Earning | 12.98 X | 28.72 X |
| Price To Book | 1.40 X | 9.51 X |
| Price To Sales | 3.33 X | 11.42 X |
| Revenue | 466.11 M | 9.43 B |
| Gross Profit | 155.13 M | 27.38 B |
| EBITDA | 271.31 M | 3.9 B |
| Net Income | 71.43 M | 570.98 M |
| Cash And Equivalents | 186.43 M | 2.7 B |
| Cash Per Share | 2.70 X | 5.01 X |
| Total Debt | 294.37 M | 5.32 B |
| Debt To Equity | 38.30 % | 48.70 % |
| Current Ratio | 1.11 X | 2.16 X |
| Book Value Per Share | 15.99 X | 1.93 K |
| Cash Flow From Operations | 241.19 M | 971.22 M |
| Earnings Per Share | 1.31 X | 3.12 X |
| Number Of Employees | 16 | 18.84 K |
| Beta | 0.43 | -0.15 |
| Market Capitalization | 1.67 B | 19.03 B |
| Total Asset | 1.64 B | 29.47 B |
| Retained Earnings | 213 M | 9.33 B |
| Working Capital | 515 M | 1.48 B |
| Current Asset | 614 M | 9.34 B |
| Current Liabilities | 99 M | 7.9 B |
| Z Score | 3.0 | 8.72 |
| Annual Yield | 0.04 % | |
| Five Year Return | 7.67 % |
Prime Oil Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Prime . 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 Prime Oil Buy or Sell Advice
When is the right time to buy or sell Prime Oil Chemical? Buying financial instruments such as Prime 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 Prime Oil 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 Railroads Thematic Idea Now
Railroads
Companies involved in manufacturing and maintenance of freight railroads and passenger trains as well as providing railroad services to public. The Railroads theme has 46 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 Railroads Theme or any other thematic opportunities.
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Check out Prime Oil 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 Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Complementary Tools for Prime Stock analysis
When running Prime Oil's price analysis, check to measure Prime Oil'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 Prime Oil is operating at the current time. Most of Prime Oil's value examination focuses on studying past and present price action to predict the probability of Prime Oil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Prime Oil's price. Additionally, you may evaluate how the addition of Prime Oil to your portfolios can decrease your overall portfolio volatility.
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