Asia Plastic (Taiwan) Buy Hold or Sell Recommendation

1337 Stock  TWD 7.15  0.01  0.14%   
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Asia Plastic Recycling is 'Strong Sell'. Macroaxis provides Asia Plastic buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding 1337 positions. The advice algorithm takes into account all of Asia Plastic's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Asia Plastic's buy or sell advice are summarized below:
Real Value
7.35
Hype Value
7.15
Market Value
7.15
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Asia Plastic Recycling given historical horizon and risk tolerance towards Asia Plastic. When Macroaxis issues a 'buy' or 'sell' recommendation for Asia Plastic Recycling, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Asia Plastic 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 Asia and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Asia Plastic Recycling. 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 Asia Plastic Buy or Sell Advice

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

Time Horizon

Risk Tolerance

Execute Advice
Sell Asia PlasticBuy Asia Plastic
Strong Sell

Market Performance

Very WeakDetails

Volatility

Not too volatileDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Slowly supersedes the marketDetails

Analyst Consensus

Not AvailableDetails

Reporting Quality (M-Score)

InapplicableDetails
For the selected time horizon Asia Plastic Recycling has a Mean Deviation of 1.07, Semi Deviation of 1.25, Standard Deviation of 1.67, Variance of 2.78, Downside Variance of 1.86 and Semi Variance of 1.55
We provide trade advice to complement the prevailing expert consensus on Asia Plastic Recycling. Our dynamic recommendation engine uses a multidimensional algorithm to analyze the company's potential to grow using all technical and fundamental data available at the time. To make sure Asia Plastic is not overpriced, please confirm all Asia Plastic Recycling fundamentals, including its current valuation, shares owned by insiders, and the relationship between the operating margin and shares outstanding .

Asia Plastic Trading Alerts and Improvement Suggestions

Asia Plastic generated a negative expected return over the last 90 days
The company reported the revenue of 1.11 B. Net Loss for the year was (460.92 M) with loss before overhead, payroll, taxes, and interest of (194.72 M).
Asia Plastic Recycling has accumulated about 3 B in cash with (315.39 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 11.17, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Roughly 29.0% of the company shares are owned by insiders or employees

Asia Plastic Returns Distribution Density

The distribution of Asia Plastic's historical returns is an attempt to chart the uncertainty of Asia Plastic's future price movements. The chart of the probability distribution of Asia Plastic daily returns describes the distribution of returns around its average expected value. We use Asia Plastic Recycling price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Asia Plastic returns is essential to provide solid investment advice for Asia Plastic.
Mean Return
0.01
Value At Risk
-2.12
Potential Upside
2.43
Standard Deviation
1.67
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Asia Plastic 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.

Asia Plastic 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 Asia Plastic 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 Asia Plastic'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 Asia 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
0.04
β
Beta against NYSE Composite-0.33
σ
Overall volatility
1.32
Ir
Information ratio -0.08

Asia Plastic Volatility Alert

Asia Plastic Recycling has relatively low volatility with skewness of 2.13 and kurtosis of 9.77. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Asia Plastic'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 Asia Plastic'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.

Asia Plastic Fundamentals Vs Peers

Comparing Asia Plastic'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 Asia Plastic's direct or indirect competition across all of the common fundamentals between Asia Plastic and the related equities. This way, we can detect undervalued stocks with similar characteristics as Asia Plastic or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Asia Plastic's fundamental indicators could also be used in its relative valuation, which is a method of valuing Asia Plastic by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Asia Plastic to competition
FundamentalsAsia PlasticPeer Average
Return On Equity-0.0891-0.31
Return On Asset-0.0561-0.14
Profit Margin(0.65) %(1.27) %
Operating Margin(0.72) %(5.51) %
Current Valuation(673.34 M)16.62 B
Shares Outstanding268.96 M571.82 M
Shares Owned By Insiders29.34 %10.09 %
Shares Owned By Institutions1.27 %39.21 %
Price To Earning15.81 X28.72 X
Price To Book0.38 X9.51 X
Price To Sales2.66 X11.42 X
Revenue1.11 B9.43 B
Gross Profit(194.72 M)27.38 B
EBITDA(246.64 M)3.9 B
Net Income(460.92 M)570.98 M
Cash And Equivalents3 B2.7 B
Cash Per Share11.17 X5.01 X
Total Debt174.04 M5.32 B
Debt To Equity2.20 %48.70 %
Current Ratio7.95 X2.16 X
Book Value Per Share18.90 X1.93 K
Cash Flow From Operations(315.39 M)971.22 M
Earnings Per Share(1.68) X3.12 X
Target Price168.0
Number Of Employees1518.84 K
Beta0.84-0.15
Market Capitalization1.9 B19.03 B
Total Asset5.51 B29.47 B
Retained Earnings4.22 B9.33 B
Working Capital2.98 B1.48 B
Current Asset3.68 B9.34 B
Current Liabilities698 M7.9 B
Z Score6.08.72

Asia Plastic Market Momentum

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

When is the right time to buy or sell Asia Plastic Recycling? Buying financial instruments such as Asia 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 Asia Plastic 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 Coal Thematic Idea Now

Coal
Coal Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Coal theme has 12 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 Coal Theme or any other thematic opportunities.
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Check out Asia Plastic 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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

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