Ocean Plastics (Taiwan) Buy Hold or Sell Recommendation

1321 Stock  TWD 34.75  0.05  0.14%   
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Ocean Plastics Co is 'Cautious Hold'. Macroaxis provides Ocean Plastics buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding 1321 positions. The advice algorithm takes into account all of Ocean Plastics' available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Ocean Plastics' buy or sell advice are summarized below:
Real Value
35.49
Hype Value
34.75
Market Value
34.75
Naive Value
34.62
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Ocean Plastics Co given historical horizon and risk tolerance towards Ocean Plastics. When Macroaxis issues a 'buy' or 'sell' recommendation for Ocean Plastics Co, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Ocean Plastics 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 Ocean and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Ocean Plastics 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 board of governors.

Execute Ocean Plastics Buy or Sell Advice

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

Time Horizon

Risk Tolerance

Execute Advice
Sell Ocean PlasticsBuy Ocean Plastics
Cautious Hold

Market Performance

Very WeakDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds Of Distress

Below AverageDetails

Economic Sensitivity

Barely shadows the marketDetails

Analyst Consensus

Not AvailableDetails

Reporting Quality (M-Score)

InapplicableDetails
For the selected time horizon Ocean Plastics Co has a Mean Deviation of 0.4294, Standard Deviation of 0.5658 and Variance of 0.3201
Our advice module can be used to complement Ocean Plastics recommendation provided by average analyst sentiment. It analyzes the firm's potential to grow using fundamental, technical, data market data available at the time. To make sure Ocean Plastics is not overpriced, please check all Ocean Plastics fundamentals, including its return on asset, operating margin, shares outstanding, as well as the relationship between the profit margin and current valuation .

Ocean Plastics Trading Alerts and Improvement Suggestions

Ocean Plastics generated a negative expected return over the last 90 days
Ocean Plastics has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
About 23.0% of the company shares are owned by insiders or employees

Ocean Plastics Returns Distribution Density

The distribution of Ocean Plastics' historical returns is an attempt to chart the uncertainty of Ocean Plastics' future price movements. The chart of the probability distribution of Ocean Plastics daily returns describes the distribution of returns around its average expected value. We use Ocean Plastics Co price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Ocean Plastics returns is essential to provide solid investment advice for Ocean Plastics.
Mean Return
-0.14
Value At Risk
-0.96
Potential Upside
0.87
Standard Deviation
0.57
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Ocean Plastics 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.

Ocean Plastics 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 Ocean Plastics or Chemicals 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 Ocean Plastics' 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 Ocean 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
-0.16
β
Beta against NYSE Composite0.03
σ
Overall volatility
0.55
Ir
Information ratio -0.49

Ocean Plastics Volatility Alert

Ocean Plastics Co exhibits very low volatility with skewness of 0.37 and kurtosis of 0.26. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Ocean Plastics' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Ocean Plastics' 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.

Ocean Plastics Fundamentals Vs Peers

Comparing Ocean Plastics' 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 Ocean Plastics' direct or indirect competition across all of the common fundamentals between Ocean Plastics and the related equities. This way, we can detect undervalued stocks with similar characteristics as Ocean Plastics or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Ocean Plastics' fundamental indicators could also be used in its relative valuation, which is a method of valuing Ocean Plastics by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Ocean Plastics to competition
FundamentalsOcean PlasticsPeer Average
Return On Equity0.0094-0.31
Return On Asset-0.0054-0.14
Profit Margin0.01 %(1.27) %
Operating Margin(0.02) %(5.51) %
Current Valuation10.3 B16.62 B
Shares Outstanding220.68 M571.82 M
Shares Owned By Insiders23.35 %10.09 %
Shares Owned By Institutions4.65 %39.21 %
Price To Earning1.18 X28.72 X
Price To Book1.25 X9.51 X
Price To Sales1.09 X11.42 X
Revenue6.49 B9.43 B
Gross Profit484.62 M27.38 B
EBITDA574.18 M3.9 B
Net Income319.37 M570.98 M
Cash And Equivalents728.72 M2.7 B
Cash Per Share3.25 X5.01 X
Total Debt3.15 B5.32 B
Debt To Equity81.20 %48.70 %
Current Ratio1.85 X2.16 X
Book Value Per Share27.23 X1.93 K
Cash Flow From Operations370.86 M971.22 M
Earnings Per Share0.27 X3.12 X
Target Price2.83
Number Of Employees1718.84 K
Beta0.6-0.15
Market Capitalization7.53 B19.03 B
Total Asset12.98 B29.47 B
Retained Earnings2.75 B9.33 B
Working Capital265 M1.48 B
Current Asset1.48 B9.34 B
Current Liabilities1.22 B7.9 B
Z Score1.28.72

Ocean Plastics Market Momentum

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

When is the right time to buy or sell Ocean Plastics Co? Buying financial instruments such as Ocean 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 Ocean Plastics 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 Global Macro ETFs Thematic Idea Now

Global Macro ETFs
Global Macro ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Global Macro ETFs theme has 21 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 Global Macro ETFs Theme or any other thematic opportunities.
View All  Next Launch
Check out Ocean Plastics 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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

Complementary Tools for Ocean Stock analysis

When running Ocean Plastics' price analysis, check to measure Ocean Plastics' 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 Ocean Plastics is operating at the current time. Most of Ocean Plastics' value examination focuses on studying past and present price action to predict the probability of Ocean Plastics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ocean Plastics' price. Additionally, you may evaluate how the addition of Ocean Plastics to your portfolios can decrease your overall portfolio volatility.
Transaction History
View history of all your transactions and understand their impact on performance
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Equity Valuation
Check real value of public entities based on technical and fundamental data
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Please note, there is a significant difference between Ocean Plastics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ocean Plastics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ocean Plastics' 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.