Etrend Hightech (Taiwan) Buy Hold or Sell Recommendation
| 3567 Stock | TWD 41.85 0.35 0.83% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Etrend Hightech is 'Strong Sell'. Macroaxis provides Etrend Hightech buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding 3567 positions. The advice algorithm takes into account all of Etrend Hightech's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Etrend Hightech's buy or sell advice are summarized below:
Real Value 35.31 | Hype Value 41.85 | Market Value 41.85 | Naive Value 41.73 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Etrend Hightech given historical horizon and risk tolerance towards Etrend Hightech. When Macroaxis issues a 'buy' or 'sell' recommendation for Etrend Hightech, the advice is generated through an automated system that utilizes algorithms and statistical models.
Etrend |
Execute Etrend Hightech Buy or Sell Advice
The Etrend recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Etrend Hightech. Macroaxis does not own or have any residual interests in Etrend Hightech or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Etrend Hightech's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Insignificant | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Etrend Hightech Trading Alerts and Improvement Suggestions
| About 32.0% of the company shares are owned by insiders or employees |
Etrend Hightech Returns Distribution Density
The distribution of Etrend Hightech's historical returns is an attempt to chart the uncertainty of Etrend Hightech's future price movements. The chart of the probability distribution of Etrend Hightech daily returns describes the distribution of returns around its average expected value. We use Etrend Hightech price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Etrend Hightech returns is essential to provide solid investment advice for Etrend Hightech.
| Mean Return | 0.01 | Value At Risk | -1.81 | Potential Upside | 2.09 | Standard Deviation | 1.36 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Etrend Hightech 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.
Etrend Hightech 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 Etrend Hightech or Technology 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 Etrend Hightech'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 Etrend 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 | 0.01 | |
β | Beta against NYSE Composite | -0.18 | |
σ | Overall volatility | 1.33 | |
Ir | Information ratio | -0.05 |
Etrend Hightech Volatility Alert
Etrend Hightech has relatively low volatility with skewness of -0.27 and kurtosis of 0.87. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Etrend Hightech'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 Etrend Hightech'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.Etrend Hightech Fundamentals Vs Peers
Comparing Etrend Hightech'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 Etrend Hightech's direct or indirect competition across all of the common fundamentals between Etrend Hightech and the related equities. This way, we can detect undervalued stocks with similar characteristics as Etrend Hightech or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Etrend Hightech's fundamental indicators could also be used in its relative valuation, which is a method of valuing Etrend Hightech by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Etrend Hightech to competition |
| Fundamentals | Etrend Hightech | Peer Average |
| Return On Equity | 0.17 | -0.31 |
| Return On Asset | 0.1 | -0.14 |
| Profit Margin | 0.24 % | (1.27) % |
| Operating Margin | 0.28 % | (5.51) % |
| Current Valuation | 845.66 M | 16.62 B |
| Shares Outstanding | 33.95 M | 571.82 M |
| Shares Owned By Insiders | 31.65 % | 10.09 % |
| Shares Owned By Institutions | 0.29 % | 39.21 % |
| Price To Earning | 9.76 X | 28.72 X |
| Price To Book | 1.49 X | 9.51 X |
| Price To Sales | 2.09 X | 11.42 X |
| Revenue | 438.04 M | 9.43 B |
| Gross Profit | 179 M | 27.38 B |
| EBITDA | 214.74 M | 3.9 B |
| Net Income | 104.78 M | 570.98 M |
| Cash And Equivalents | 92.87 M | 2.7 B |
| Cash Per Share | 2.72 X | 5.01 X |
| Total Debt | 66.38 M | 5.32 B |
| Debt To Equity | 0.40 % | 48.70 % |
| Current Ratio | 2.23 X | 2.16 X |
| Book Value Per Share | 17.27 X | 1.93 K |
| Cash Flow From Operations | 190.4 M | 971.22 M |
| Earnings Per Share | 2.89 X | 3.12 X |
| Number Of Employees | 147 | 18.84 K |
| Beta | 0.55 | -0.15 |
| Market Capitalization | 932.04 M | 19.03 B |
| Total Asset | 792.02 M | 29.47 B |
| Z Score | 8.4 | 8.72 |
| Annual Yield | 0.09 % | |
| Five Year Return | 5.69 % | |
| Net Asset | 792.02 M | |
| Last Dividend Paid | 2.6 |
Etrend Hightech Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Etrend . 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 Etrend Hightech Buy or Sell Advice
When is the right time to buy or sell Etrend Hightech? Buying financial instruments such as Etrend 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 Etrend Hightech 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 Communication Services Thematic Idea Now
Communication Services
Companies that provide networking, telecom, and long distance services. The Communication Services 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 Communication Services Theme or any other thematic opportunities.
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Check out Etrend Hightech 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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
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