RichWave Technology (Taiwan) Buy Hold or Sell Recommendation
| 4968 Stock | TWD 175.50 2.50 1.45% |
Assuming the 90 days trading horizon and your complete indifference towards market risk, our recommendation regarding RichWave Technology Corp is 'Buy'. Macroaxis provides RichWave Technology buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding 4968 positions. The advice algorithm takes into account all of RichWave Technology's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting RichWave Technology's buy or sell advice are summarized below:
Real Value 153.7 | Hype Value 175.5 | Market Value 175.5 | Naive Value 167.64 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell RichWave Technology Corp given historical horizon and risk tolerance towards RichWave Technology. When Macroaxis issues a 'buy' or 'sell' recommendation for RichWave Technology Corp, the advice is generated through an automated system that utilizes algorithms and statistical models.
RichWave |
Execute RichWave Technology Buy or Sell Advice
The RichWave recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on RichWave Technology Corp. Macroaxis does not own or have any residual interests in RichWave Technology Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute RichWave Technology's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Buy
Market Performance | Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
RichWave Technology Trading Alerts and Improvement Suggestions
| RichWave Technology had very high historical volatility over the last 90 days |
RichWave Technology Returns Distribution Density
The distribution of RichWave Technology's historical returns is an attempt to chart the uncertainty of RichWave Technology's future price movements. The chart of the probability distribution of RichWave Technology daily returns describes the distribution of returns around its average expected value. We use RichWave Technology Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of RichWave Technology returns is essential to provide solid investment advice for RichWave Technology.
| Mean Return | 0.17 | Value At Risk | -4.47 | Potential Upside | 6.83 | Standard Deviation | 3.73 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of RichWave Technology 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.
RichWave Technology 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 RichWave Technology or Semiconductors & Semiconductor 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 RichWave Technology'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 RichWave 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 | 0.11 | |
β | Beta against NYSE Composite | 0.88 | |
σ | Overall volatility | 3.92 | |
Ir | Information ratio | 0.03 |
RichWave Technology Volatility Alert
RichWave Technology Corp shows above-average downside volatility for the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure RichWave Technology'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 RichWave Technology'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.RichWave Technology Fundamentals Vs Peers
Comparing RichWave Technology'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 RichWave Technology's direct or indirect competition across all of the common fundamentals between RichWave Technology and the related equities. This way, we can detect undervalued stocks with similar characteristics as RichWave Technology or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of RichWave Technology's fundamental indicators could also be used in its relative valuation, which is a method of valuing RichWave Technology by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare RichWave Technology to competition |
| Fundamentals | RichWave Technology | Peer Average |
| Return On Equity | 0.0272 | -0.31 |
| Return On Asset | -0.0112 | -0.14 |
| Profit Margin | 0.02 % | (1.27) % |
| Operating Margin | (0.02) % | (5.51) % |
| Current Valuation | 10.53 B | 16.62 B |
| Shares Outstanding | 90.17 M | 571.82 M |
| Shares Owned By Insiders | 8.30 % | 10.09 % |
| Shares Owned By Institutions | 15.80 % | 39.21 % |
| Price To Earning | 55.63 X | 28.72 X |
| Price To Book | 4.52 X | 9.51 X |
| Price To Sales | 3.03 X | 11.42 X |
| Revenue | 5.32 B | 9.43 B |
| Gross Profit | 1.55 B | 27.38 B |
| EBITDA | 643.58 M | 3.9 B |
| Net Income | 465.52 M | 570.98 M |
| Cash And Equivalents | 565.87 M | 2.7 B |
| Cash Per Share | 9.37 X | 5.01 X |
| Total Debt | 35.15 M | 5.32 B |
| Debt To Equity | 3.00 % | 48.70 % |
| Current Ratio | 3.07 X | 2.16 X |
| Book Value Per Share | 27.20 X | 1.93 K |
| Cash Flow From Operations | 161.35 M | 971.22 M |
| Earnings Per Share | 0.73 X | 3.12 X |
| Target Price | 132.32 | |
| Number Of Employees | 23 | 18.84 K |
| Beta | 2.23 | -0.15 |
| Market Capitalization | 11.5 B | 19.03 B |
| Total Asset | 3.3 B | 29.47 B |
| Retained Earnings | 79 M | 9.33 B |
| Working Capital | 745 M | 1.48 B |
| Current Asset | 1.18 B | 9.34 B |
| Current Liabilities | 433 M | 7.9 B |
| Annual Yield | 0.03 % |
RichWave Technology Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as RichWave . 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 RichWave Technology Buy or Sell Advice
When is the right time to buy or sell RichWave Technology Corp? Buying financial instruments such as RichWave 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 RichWave Technology 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 Funds Thematic Idea Now
Money Funds
Funds or Etfs that invest most if their asset in companies from financial sector such as commercial banks, insurance companies, investment funds, and real estate. The Money Funds theme has 31 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 Funds Theme or any other thematic opportunities.
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Check out RichWave Technology 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 Transaction History module to view history of all your transactions and understand their impact on performance.
Complementary Tools for RichWave Stock analysis
When running RichWave Technology's price analysis, check to measure RichWave Technology'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 RichWave Technology is operating at the current time. Most of RichWave Technology's value examination focuses on studying past and present price action to predict the probability of RichWave Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RichWave Technology's price. Additionally, you may evaluate how the addition of RichWave Technology to your portfolios can decrease your overall portfolio volatility.
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