Li Kang (Taiwan) Buy Hold or Sell Recommendation
| 6242 Stock | TWD 51.30 0.30 0.59% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Li Kang Biomedical is 'Cautious Hold'. Macroaxis provides Li Kang buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Li Kang positions. The advice algorithm takes into account all of Li Kang's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Li Kang's buy or sell advice are summarized below:
Real Value 53.1 | Hype Value 51.3 | Market Value 51.3 | Naive Value 50.34 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Li Kang Biomedical given historical horizon and risk tolerance towards Li Kang. When Macroaxis issues a 'buy' or 'sell' recommendation for Li Kang Biomedical, the advice is generated through an automated system that utilizes algorithms and statistical models.
6242 |
Execute Li Kang Buy or Sell Advice
The 6242 recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Li Kang Biomedical. Macroaxis does not own or have any residual interests in Li Kang Biomedical or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Li Kang'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 |
Li Kang Trading Alerts and Improvement Suggestions
| Li Kang Biomedical generated a negative expected return over the last 90 days | |
| About 72.0% of the company shares are owned by insiders or employees |
Li Kang Returns Distribution Density
The distribution of Li Kang's historical returns is an attempt to chart the uncertainty of Li Kang's future price movements. The chart of the probability distribution of Li Kang daily returns describes the distribution of returns around its average expected value. We use Li Kang Biomedical price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Li Kang returns is essential to provide solid investment advice for Li Kang.
| Mean Return | -0.17 | Value At Risk | -1.45 | Potential Upside | 1.13 | Standard Deviation | 1.12 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Li Kang 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.
Li Kang 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 Li Kang or Personal Products 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 Li Kang'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 6242 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 | -0.19 | |
β | Beta against NYSE Composite | 0.14 | |
σ | Overall volatility | 0.87 | |
Ir | Information ratio | -0.21 |
Li Kang Volatility Alert
Li Kang Biomedical exhibits very low volatility with skewness of 0.3 and kurtosis of 6.38. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Li Kang'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 Li Kang'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.Li Kang Fundamentals Vs Peers
Comparing Li Kang'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 Li Kang's direct or indirect competition across all of the common fundamentals between Li Kang and the related equities. This way, we can detect undervalued stocks with similar characteristics as Li Kang or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Li Kang's fundamental indicators could also be used in its relative valuation, which is a method of valuing Li Kang by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Li Kang to competition |
| Fundamentals | Li Kang | Peer Average |
| Return On Equity | 0.19 | -0.31 |
| Return On Asset | 0.12 | -0.14 |
| Profit Margin | 0.16 % | (1.27) % |
| Operating Margin | 0.19 % | (5.51) % |
| Current Valuation | 1.05 B | 16.62 B |
| Shares Outstanding | 23.31 M | 571.82 M |
| Shares Owned By Insiders | 72.30 % | 10.09 % |
| Price To Earning | 15.32 X | 28.72 X |
| Price To Book | 2.30 X | 9.51 X |
| Price To Sales | 1.94 X | 11.42 X |
| Revenue | 386.97 M | 9.43 B |
| Gross Profit | 264.68 M | 27.38 B |
| EBITDA | 76.83 M | 3.9 B |
| Net Income | 51.44 M | 570.98 M |
| Cash And Equivalents | 187.44 M | 2.7 B |
| Cash Per Share | 8.04 X | 5.01 X |
| Total Debt | 24.59 M | 5.32 B |
| Debt To Equity | 0.06 % | 48.70 % |
| Current Ratio | 2.56 X | 2.16 X |
| Book Value Per Share | 23.12 X | 1.93 K |
| Cash Flow From Operations | 60.45 M | 971.22 M |
| Earnings Per Share | 4.16 X | 3.12 X |
| Number Of Employees | 123 | 18.84 K |
| Beta | 0.47 | -0.15 |
| Market Capitalization | 1.37 B | 19.03 B |
| Total Asset | 616.07 M | 29.47 B |
| Z Score | 33.0 | 8.72 |
| Annual Yield | 0.03 % | |
| Net Asset | 616.07 M | |
| Last Dividend Paid | 1.43 |
Li Kang Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as 6242 . 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 Li Kang Buy or Sell Advice
When is the right time to buy or sell Li Kang Biomedical? Buying financial instruments such as 6242 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.
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Check out Li Kang 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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Complementary Tools for 6242 Stock analysis
When running Li Kang's price analysis, check to measure Li Kang'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 Li Kang is operating at the current time. Most of Li Kang's value examination focuses on studying past and present price action to predict the probability of Li Kang's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Li Kang's price. Additionally, you may evaluate how the addition of Li Kang to your portfolios can decrease your overall portfolio volatility.
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