Nankang Rubber (Taiwan) Buy Hold or Sell Recommendation
| 2101 Stock | TWD 53.30 2.60 5.13% |
Assuming the 90 days trading horizon and your way above-average risk tolerance, our recommendation regarding Nankang Rubber Tire is 'Strong Sell'. Macroaxis provides Nankang Rubber buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding 2101 positions. The advice algorithm takes into account all of Nankang Rubber's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Nankang Rubber's buy or sell advice are summarized below:
Real Value 39.63 | Hype Value 50 | Market Value 53.3 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Nankang Rubber Tire given historical horizon and risk tolerance towards Nankang Rubber. When Macroaxis issues a 'buy' or 'sell' recommendation for Nankang Rubber Tire, the advice is generated through an automated system that utilizes algorithms and statistical models.
Nankang |
Execute Nankang Rubber Buy or Sell Advice
The Nankang recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Nankang Rubber Tire. Macroaxis does not own or have any residual interests in Nankang Rubber Tire or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Nankang Rubber's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves totally opposite to the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Nankang Rubber Trading Alerts and Improvement Suggestions
| Nankang Rubber Tire has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company reported the revenue of 8.08 B. Net Loss for the year was (243.25 M) with profit before overhead, payroll, taxes, and interest of 1.32 B. | |
| Nankang Rubber Tire has accumulated about 2.6 B in cash with (2.86 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.24. | |
| Roughly 55.0% of the company shares are owned by insiders or employees |
Nankang Rubber Returns Distribution Density
The distribution of Nankang Rubber's historical returns is an attempt to chart the uncertainty of Nankang Rubber's future price movements. The chart of the probability distribution of Nankang Rubber daily returns describes the distribution of returns around its average expected value. We use Nankang Rubber Tire price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Nankang Rubber returns is essential to provide solid investment advice for Nankang Rubber.
| Mean Return | 0.16 | Value At Risk | -2.66 | Potential Upside | 3.07 | Standard Deviation | 2.00 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Nankang Rubber 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.
Nankang Rubber 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 Nankang Rubber or Auto Components 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 Nankang Rubber'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 Nankang 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 | 0.22 | |
β | Beta against NYSE Composite | -0.97 | |
σ | Overall volatility | 2.08 | |
Ir | Information ratio | 0.04 |
Nankang Rubber Volatility Alert
Nankang Rubber Tire has relatively low volatility with skewness of 1.73 and kurtosis of 7.1. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Nankang Rubber'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 Nankang Rubber'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.Nankang Rubber Fundamentals Vs Peers
Comparing Nankang Rubber'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 Nankang Rubber's direct or indirect competition across all of the common fundamentals between Nankang Rubber and the related equities. This way, we can detect undervalued stocks with similar characteristics as Nankang Rubber or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Nankang Rubber's fundamental indicators could also be used in its relative valuation, which is a method of valuing Nankang Rubber by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Nankang Rubber to competition |
| Fundamentals | Nankang Rubber | Peer Average |
| Return On Equity | -0.0956 | -0.31 |
| Return On Asset | -0.008 | -0.14 |
| Profit Margin | (0.14) % | (1.27) % |
| Operating Margin | (0.06) % | (5.51) % |
| Current Valuation | 43.28 B | 16.62 B |
| Shares Outstanding | 833.09 M | 571.82 M |
| Shares Owned By Insiders | 54.73 % | 10.09 % |
| Shares Owned By Institutions | 5.17 % | 39.21 % |
| Price To Earning | 82.07 X | 28.72 X |
| Price To Book | 2.67 X | 9.51 X |
| Price To Sales | 3.71 X | 11.42 X |
| Revenue | 8.08 B | 9.43 B |
| Gross Profit | 1.32 B | 27.38 B |
| EBITDA | 642.53 M | 3.9 B |
| Net Income | (243.25 M) | 570.98 M |
| Cash And Equivalents | 2.6 B | 2.7 B |
| Cash Per Share | 3.24 X | 5.01 X |
| Total Debt | 7.34 B | 5.32 B |
| Debt To Equity | 98.10 % | 48.70 % |
| Current Ratio | 1.58 X | 2.16 X |
| Book Value Per Share | 13.00 X | 1.93 K |
| Cash Flow From Operations | (2.86 B) | 971.22 M |
| Earnings Per Share | (0.88) X | 3.12 X |
| Target Price | 60.0 | |
| Number Of Employees | 24 | 18.84 K |
| Beta | 0.35 | -0.15 |
| Market Capitalization | 29.16 B | 19.03 B |
| Total Asset | 37.32 B | 29.47 B |
| Retained Earnings | 2.55 B | 9.33 B |
| Working Capital | 4.54 B | 1.48 B |
| Current Asset | 12.79 B | 9.34 B |
| Current Liabilities | 8.24 B | 7.9 B |
| Z Score | 1.8 | 8.72 |
Nankang Rubber Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Nankang . 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.
| Accumulation Distribution | 1.7 M | |||
| Daily Balance Of Power | 0.7879 | |||
| Rate Of Daily Change | 1.05 | |||
| Day Median Price | 52.25 | |||
| Day Typical Price | 52.6 | |||
| Price Action Indicator | 2.35 | |||
| Period Momentum Indicator | 2.6 |
About Nankang Rubber Buy or Sell Advice
When is the right time to buy or sell Nankang Rubber Tire? Buying financial instruments such as Nankang 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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Check out Nankang Rubber 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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
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When running Nankang Rubber's price analysis, check to measure Nankang Rubber'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 Nankang Rubber is operating at the current time. Most of Nankang Rubber's value examination focuses on studying past and present price action to predict the probability of Nankang Rubber's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nankang Rubber's price. Additionally, you may evaluate how the addition of Nankang Rubber to your portfolios can decrease your overall portfolio volatility.
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