Wave Electronics (Korea) Buy Hold or Sell Recommendation

095270 Stock  KRW 5,130  70.00  1.38%   
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Wave Electronics Co is 'Sell'. Macroaxis provides Wave Electronics buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding 095270 positions. The advice algorithm takes into account all of Wave Electronics' available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Wave Electronics' buy or sell advice are summarized below:
Real Value
4.8 K
Hype Value
5.1 K
Market Value
5.1 K
Naive Value
5.2 K
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Wave Electronics Co given historical horizon and risk tolerance towards Wave Electronics. When Macroaxis issues a 'buy' or 'sell' recommendation for Wave Electronics Co, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Wave Electronics 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.
In addition, we conduct extensive research on individual companies such as Wave and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Wave Electronics Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

Execute Wave Electronics Buy or Sell Advice

The Wave recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Wave Electronics Co. Macroaxis does not own or have any residual interests in Wave Electronics Co or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Wave Electronics' advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Wave ElectronicsBuy Wave Electronics
Sell

Market Performance

WeakDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

OvervaluedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Moves indifferently to market movesDetails

Analyst Consensus

Not AvailableDetails

Reporting Quality (M-Score)

InapplicableDetails
For the selected time horizon Wave Electronics Co has a Mean Deviation of 0.7858, Standard Deviation of 1.2 and Variance of 1.43
Macroaxis provides trade recommendation on Wave Electronics to complement and cross-verify current analyst consensus on Wave Electronics. Our trade advice engine determines the company's potential to grow exclusively from the perspective of an investor's current risk tolerance and investing horizon. To make sure Wave Electronics Co is not overpriced, please check out all Wave Electronics fundamentals, including its revenue, ebitda, and the relationship between the price to sales and gross profit .

Wave Electronics Trading Alerts and Improvement Suggestions

The company has accumulated 465.35 M in total debt with debt to equity ratio (D/E) of 3.65, implying the company greatly relies on financing operations through barrowing. Wave Electronics has a current ratio of 0.75, 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 Wave Electronics until it has trouble settling it off, either with new capital or with free cash flow. So, Wave Electronics' 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 Wave Electronics sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Wave to invest in growth at high rates of return. When we think about Wave Electronics' use of debt, we should always consider it together with cash and equity.
Wave Electronics Co has accumulated about 51.85 B in cash with (15.52 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 817.91.
Roughly 20.0% of Wave Electronics shares are owned by insiders or employees

Wave Electronics Returns Distribution Density

The distribution of Wave Electronics' historical returns is an attempt to chart the uncertainty of Wave Electronics' future price movements. The chart of the probability distribution of Wave Electronics daily returns describes the distribution of returns around its average expected value. We use Wave Electronics Co price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Wave Electronics returns is essential to provide solid investment advice for Wave Electronics.
Mean Return
-0.01
Value At Risk
-1.73
Potential Upside
1.89
Standard Deviation
1.20
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Wave Electronics 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.

Wave Electronics 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 Wave Electronics or Communications 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 Wave Electronics' 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 Wave 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
-0.0061
β
Beta against NYSE Composite-0.14
σ
Overall volatility
1.15
Ir
Information ratio -0.12

Wave Electronics Volatility Alert

Wave Electronics Co exhibits very low volatility with skewness of 0.39 and kurtosis of 2.11. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Wave Electronics' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Wave Electronics' 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.

Wave Electronics Fundamentals Vs Peers

Comparing Wave Electronics' 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 Wave Electronics' direct or indirect competition across all of the common fundamentals between Wave Electronics and the related equities. This way, we can detect undervalued stocks with similar characteristics as Wave Electronics or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Wave Electronics' fundamental indicators could also be used in its relative valuation, which is a method of valuing Wave Electronics by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Wave Electronics to competition
FundamentalsWave ElectronicsPeer Average
Return On Equity1.6-0.31
Return On Asset-0.1-0.14
Profit Margin1.12 %(1.27) %
Operating Margin(0.42) %(5.51) %
Current Valuation97.74 B16.62 B
Shares Outstanding10.3 M571.82 M
Shares Owned By Insiders19.57 %10.09 %
Price To Sales1.32 X11.42 X
Revenue47.47 B9.43 B
Gross Profit11.64 B27.38 B
EBITDA(12.32 B)3.9 B
Net Income58.02 B570.98 M
Cash And Equivalents51.85 B2.7 B
Cash Per Share817.91 X5.01 X
Total Debt465.35 M5.32 B
Debt To Equity3.65 %48.70 %
Current Ratio0.77 X2.16 X
Cash Flow From Operations(15.52 B)971.22 M
Number Of Employees9918.84 K
Beta0.97-0.15
Market Capitalization50.7 B19.03 B
Total Asset98.2 B29.47 B
Retained Earnings(8.43 B)9.33 B
Working Capital(3.63 B)1.48 B
Current Asset18.81 B9.34 B
Current Liabilities22.44 B7.9 B
Z Score64.88.72
Net Asset98.2 B

Wave Electronics Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Wave . 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 Wave Electronics Buy or Sell Advice

When is the right time to buy or sell Wave Electronics Co? Buying financial instruments such as Wave 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 Wave Electronics 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.

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Strategy ETFs
Strategy ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Strategy ETFs theme has 1187 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 Strategy ETFs Theme or any other thematic opportunities.
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Check out Wave Electronics 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 Wave Electronics information on this page should be used as a complementary analysis to other Wave Electronics' 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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

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When running Wave Electronics' price analysis, check to measure Wave Electronics' 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 Wave Electronics is operating at the current time. Most of Wave Electronics' value examination focuses on studying past and present price action to predict the probability of Wave Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wave Electronics' price. Additionally, you may evaluate how the addition of Wave Electronics to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Wave Electronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Wave Electronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wave Electronics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.