Eternal Materials (Taiwan) Buy Hold or Sell Recommendation

1717 Stock  TWD 31.60  0.60  1.94%   
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Eternal Materials Co is 'Cautious Hold'. Macroaxis provides Eternal Materials buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding 1717 positions. The advice algorithm takes into account all of Eternal Materials' available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Eternal Materials' buy or sell advice are summarized below:
Real Value
30.94
Hype Value
31.6
Market Value
31.6
Naive Value
31.92
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Eternal Materials Co given historical horizon and risk tolerance towards Eternal Materials. When Macroaxis issues a 'buy' or 'sell' recommendation for Eternal Materials Co, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Eternal Materials 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 Eternal and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Eternal Materials 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 Eternal Materials Buy or Sell Advice

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

Time Horizon

Risk Tolerance

Execute Advice
Sell Eternal MaterialsBuy Eternal Materials
Cautious Hold

Market Performance

OKDetails

Volatility

Very steadyDetails

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 Eternal Materials Co has a Mean Deviation of 0.8957, Semi Deviation of 0.8408, Standard Deviation of 1.21, Variance of 1.47, Downside Variance of 1.18 and Semi Variance of 0.707
Our advice module can be used to complement Eternal Materials investment recommendation provided by average analyst sentiment. It analyzes the company's potential to grow using fundamental, technical, data market data available at the time. To make sure Eternal Materials is not overpriced, please confirm all Eternal Materials fundamentals, including its operating margin, shares outstanding, and the relationship between the profit margin and current valuation .

Eternal Materials Trading Alerts and Improvement Suggestions

Eternal Materials has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
About 33.0% of the company shares are owned by insiders or employees

Eternal Materials Returns Distribution Density

The distribution of Eternal Materials' historical returns is an attempt to chart the uncertainty of Eternal Materials' future price movements. The chart of the probability distribution of Eternal Materials daily returns describes the distribution of returns around its average expected value. We use Eternal Materials Co price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Eternal Materials returns is essential to provide solid investment advice for Eternal Materials.
Mean Return
0.13
Value At Risk
-1.61
Potential Upside
1.94
Standard Deviation
1.21
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Eternal Materials 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.

Eternal Materials 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 Eternal Materials 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 Eternal Materials' 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 Eternal 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
0.08
β
Beta against NYSE Composite0.28
σ
Overall volatility
1.28
Ir
Information ratio -0.006

Eternal Materials Volatility Alert

Eternal Materials Co has relatively low volatility with skewness of 0.83 and kurtosis of 2.37. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Eternal Materials' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Eternal Materials' 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.

Eternal Materials Fundamentals Vs Peers

Comparing Eternal Materials' 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 Eternal Materials' direct or indirect competition across all of the common fundamentals between Eternal Materials and the related equities. This way, we can detect undervalued stocks with similar characteristics as Eternal Materials or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Eternal Materials' fundamental indicators could also be used in its relative valuation, which is a method of valuing Eternal Materials by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Eternal Materials to competition
FundamentalsEternal MaterialsPeer Average
Return On Equity0.12-0.31
Return On Asset0.0352-0.14
Profit Margin0.06 %(1.27) %
Operating Margin0.07 %(5.51) %
Current Valuation54.68 B16.62 B
Shares Outstanding1.18 B571.82 M
Shares Owned By Insiders32.64 %10.09 %
Shares Owned By Institutions10.07 %39.21 %
Price To Earning16.16 X28.72 X
Price To Book1.51 X9.51 X
Price To Sales0.73 X11.42 X
Revenue50.47 B9.43 B
Gross Profit10.69 B27.38 B
EBITDA6.84 B3.9 B
Net Income3.55 B570.98 M
Cash And Equivalents6.38 B2.7 B
Cash Per Share5.15 X5.01 X
Total Debt12.51 B5.32 B
Debt To Equity98.30 %48.70 %
Current Ratio1.90 X2.16 X
Book Value Per Share20.90 X1.93 K
Cash Flow From Operations749.57 M971.22 M
Earnings Per Share2.53 X3.12 X
Target Price35.24
Number Of Employees2818.84 K
Beta0.74-0.15
Market Capitalization37.65 B19.03 B
Total Asset60.54 B29.47 B
Retained Earnings7.78 B9.33 B
Working Capital16.98 B1.48 B
Current Asset29.44 B9.34 B
Current Liabilities12.46 B7.9 B
Z Score1.88.72

Eternal Materials Market Momentum

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

When is the right time to buy or sell Eternal Materials Co? Buying financial instruments such as Eternal 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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In addition to having Eternal Materials 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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Casinos Theme
Companies that are related to providing casino-type services across multiple geographical areas. The Casinos theme has 51 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 Casinos Theme or any other thematic opportunities.
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Check out Eternal Materials 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 AI Investment Finder module to use AI to screen and filter profitable investment opportunities.

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Please note, there is a significant difference between Eternal Materials' value and its price as these two are different measures arrived at by different means. Investors typically determine if Eternal Materials is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eternal Materials' 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.