Wei Chih (Taiwan) Buy Hold or Sell Recommendation

2028 Stock   25.75  0.15  0.58%   
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Wei Chih Steel is 'Strong Sell'. Macroaxis provides Wei Chih buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Wei Chih positions. The advice algorithm takes into account all of Wei Chih's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Wei Chih's buy or sell advice are summarized below:
Real Value
21.44
Hype Value
25.75
Market Value
25.75
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Wei Chih Steel given historical horizon and risk tolerance towards Wei Chih. When Macroaxis issues a 'buy' or 'sell' recommendation for Wei Chih Steel, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Wei Chih 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 Wei and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Wei Chih Steel. 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 Wei Chih Buy or Sell Advice

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

Time Horizon

Risk Tolerance

Execute Advice
Sell Wei ChihBuy Wei Chih
Strong Sell

Market Performance

Very WeakDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

OvervaluedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Almost neglects market trendsDetails

Analyst Consensus

Not AvailableDetails

Reporting Quality (M-Score)

InapplicableDetails
For the selected time horizon Wei Chih Steel has a Mean Deviation of 1.44, Semi Deviation of 1.47, Standard Deviation of 2.23, Variance of 4.96, Downside Variance of 2.72 and Semi Variance of 2.15
Our trade advice module complements current analysts and expert consensus on Wei Chih Steel. It analyzes the entity potential to grow using all fundamental, technical, and market related data available at the time. To make sure Wei Chih Steel is not overpriced, please check out all Wei Chih Steel fundamentals, including its profit margin, current valuation, shares owned by insiders, as well as the relationship between the operating margin and shares outstanding .

Wei Chih Trading Alerts and Improvement Suggestions

Wei Chih Steel generated a negative expected return over the last 90 days
The company has accumulated 1.53 B in total debt with debt to equity ratio (D/E) of 3.9, implying the company greatly relies on financing operations through barrowing. Wei Chih Steel has a current ratio of 0.84, 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 Wei Chih until it has trouble settling it off, either with new capital or with free cash flow. So, Wei Chih'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 Wei Chih Steel sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Wei to invest in growth at high rates of return. When we think about Wei Chih's use of debt, we should always consider it together with cash and equity.
About 67.0% of Wei Chih shares are owned by insiders or employees

Wei Chih Returns Distribution Density

The distribution of Wei Chih's historical returns is an attempt to chart the uncertainty of Wei Chih's future price movements. The chart of the probability distribution of Wei Chih daily returns describes the distribution of returns around its average expected value. We use Wei Chih Steel price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Wei Chih returns is essential to provide solid investment advice for Wei Chih.
Mean Return
0.13
Value At Risk
-2.88
Potential Upside
4.76
Standard Deviation
2.23
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Wei Chih 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.

Wei Chih 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 Wei Chih or Metals & Mining 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 Wei Chih'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 Wei 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-0.2
σ
Overall volatility
1.75
Ir
Information ratio -0.0013

Wei Chih Volatility Alert

Wei Chih Steel has relatively low volatility with skewness of 1.79 and kurtosis of 5.38. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Wei Chih'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 Wei Chih'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.

Wei Chih Fundamentals Vs Peers

Comparing Wei Chih'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 Wei Chih's direct or indirect competition across all of the common fundamentals between Wei Chih and the related equities. This way, we can detect undervalued stocks with similar characteristics as Wei Chih or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Wei Chih's fundamental indicators could also be used in its relative valuation, which is a method of valuing Wei Chih by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Wei Chih to competition
FundamentalsWei ChihPeer Average
Return On Equity0.26-0.31
Return On Asset0.1-0.14
Profit Margin0.08 %(1.27) %
Operating Margin0.10 %(5.51) %
Current Valuation11.22 B16.62 B
Shares Outstanding324.45 M571.82 M
Shares Owned By Insiders66.50 %10.09 %
Shares Owned By Institutions0.15 %39.21 %
Price To Earning185.14 X28.72 X
Price To Book2.00 X9.51 X
Price To Sales0.66 X11.42 X
Revenue13.57 B9.43 B
Gross Profit2.27 B27.38 B
EBITDA2.27 B3.9 B
Net Income1.66 B570.98 M
Cash And Equivalents6.03 M2.7 B
Cash Per Share0.01 X5.01 X
Total Debt1.53 B5.32 B
Debt To Equity3.90 %48.70 %
Current Ratio0.86 X2.16 X
Book Value Per Share13.15 X1.93 K
Cash Flow From Operations191.78 M971.22 M
Earnings Per Share3.35 X3.12 X
Number Of Employees37418.84 K
Beta1.35-0.15
Market Capitalization9.2 B19.03 B
Total Asset8.59 B29.47 B
Retained Earnings(4.7 B)9.33 B
Working Capital(215 M)1.48 B
Current Asset1.27 B9.34 B
Current Liabilities1.49 B7.9 B
Z Score4.68.72
Annual Yield0.12 %

Wei Chih Market Momentum

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

When is the right time to buy or sell Wei Chih Steel? Buying financial instruments such as Wei 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 Wei Chih 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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Synthetics
Synthetics Theme
Companies involved in production of silicon and other synthetic products . The Synthetics theme has 39 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 Synthetics Theme or any other thematic opportunities.
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Check out Wei Chih 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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

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