Openbase (Korea) Buy Hold or Sell Recommendation
| 049480 Stock | KRW 2,435 55.00 2.21% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Openbase is 'Sell'. Macroaxis provides Openbase buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Openbase positions. The advice algorithm takes into account all of Openbase's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Openbase's buy or sell advice are summarized below:
Real Value 2 K | Hype Value 2.4 K | Market Value 2.4 K |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Openbase given historical horizon and risk tolerance towards Openbase. When Macroaxis issues a 'buy' or 'sell' recommendation for Openbase, the advice is generated through an automated system that utilizes algorithms and statistical models.
Openbase |
Execute Openbase Buy or Sell Advice
The Openbase recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Openbase. Macroaxis does not own or have any residual interests in Openbase or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Openbase's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Sell
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Openbase Trading Alerts and Improvement Suggestions
| Openbase generated a negative expected return over the last 90 days | |
| The company has accumulated 1.44 B in total debt with debt to equity ratio (D/E) of 0.59, which is about average as compared to similar companies. Openbase has a current ratio of 0.89, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Openbase until it has trouble settling it off, either with new capital or with free cash flow. So, Openbase's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Openbase sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Openbase to invest in growth at high rates of return. When we think about Openbase's use of debt, we should always consider it together with cash and equity. | |
| About 25.0% of Openbase shares are owned by insiders or employees |
Openbase Returns Distribution Density
The distribution of Openbase's historical returns is an attempt to chart the uncertainty of Openbase's future price movements. The chart of the probability distribution of Openbase daily returns describes the distribution of returns around its average expected value. We use Openbase price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Openbase returns is essential to provide solid investment advice for Openbase.
| Mean Return | -0.14 | Value At Risk | -2.43 | Potential Upside | 2.61 | Standard Deviation | 1.72 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Openbase 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.
Openbase 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 Openbase or IT Services 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 Openbase'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 Openbase 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 | -0.15 | |
β | Beta against NYSE Composite | 0.04 | |
σ | Overall volatility | 1.65 | |
Ir | Information ratio | -0.12 |
Openbase Volatility Alert
Openbase exhibits very low volatility with skewness of 0.75 and kurtosis of 1.64. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Openbase'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 Openbase'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.Openbase Fundamentals Vs Peers
Comparing Openbase'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 Openbase's direct or indirect competition across all of the common fundamentals between Openbase and the related equities. This way, we can detect undervalued stocks with similar characteristics as Openbase or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Openbase's fundamental indicators could also be used in its relative valuation, which is a method of valuing Openbase by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Openbase to competition |
| Fundamentals | Openbase | Peer Average |
| Return On Equity | 8.18 | -0.31 |
| Return On Asset | 0.045 | -0.14 |
| Profit Margin | 0.04 % | (1.27) % |
| Operating Margin | 0.05 % | (5.51) % |
| Current Valuation | 180.18 B | 16.62 B |
| Shares Outstanding | 30.29 M | 571.82 M |
| Shares Owned By Insiders | 24.50 % | 10.09 % |
| Shares Owned By Institutions | 0.72 % | 39.21 % |
| Price To Earning | 32.65 X | 28.72 X |
| Price To Sales | 0.42 X | 11.42 X |
| Revenue | 175.9 B | 9.43 B |
| Gross Profit | 31.13 B | 27.38 B |
| EBITDA | 12.22 B | 3.9 B |
| Net Income | 5.84 B | 570.98 M |
| Cash And Equivalents | 41.6 B | 2.7 B |
| Cash Per Share | 432.77 X | 5.01 X |
| Total Debt | 1.44 B | 5.32 B |
| Debt To Equity | 0.59 % | 48.70 % |
| Current Ratio | 0.91 X | 2.16 X |
| Cash Flow From Operations | 24.73 B | 971.22 M |
| Number Of Employees | 174 | 18.84 K |
| Beta | 1.42 | -0.15 |
| Market Capitalization | 113.57 B | 19.03 B |
| Total Asset | 160.8 B | 29.47 B |
| Retained Earnings | 10.13 B | 9.33 B |
| Working Capital | (3.79 B) | 1.48 B |
| Current Asset | 40.25 B | 9.34 B |
| Current Liabilities | 44.04 B | 7.9 B |
| Z Score | 48.4 | 8.72 |
| Annual Yield | 0.01 % | |
| Net Asset | 160.8 B |
Openbase Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Openbase . 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.
| Accumulation Distribution | 4984.8 | |||
| Daily Balance Of Power | (0.73) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 2447.5 | |||
| Day Typical Price | 2443.33 | |||
| Market Facilitation Index | 5.0E-4 | |||
| Price Action Indicator | (40.00) | |||
| Period Momentum Indicator | (55.00) |
About Openbase Buy or Sell Advice
When is the right time to buy or sell Openbase? Buying financial instruments such as Openbase 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 Openbase 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 Beers Thematic Idea Now
Beers
Companies involved in production and distribution of domestic and international beer. The Beers theme has 40 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 Beers Theme or any other thematic opportunities.
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Check out Openbase 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. Note that the Openbase information on this page should be used as a complementary analysis to other Openbase's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Complementary Tools for Openbase Stock analysis
When running Openbase's price analysis, check to measure Openbase'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 Openbase is operating at the current time. Most of Openbase's value examination focuses on studying past and present price action to predict the probability of Openbase's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Openbase's price. Additionally, you may evaluate how the addition of Openbase to your portfolios can decrease your overall portfolio volatility.
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