Optimax Technology (Taiwan) Buy Hold or Sell Recommendation

3051 Stock  TWD 37.45  0.20  0.54%   
Assuming the 90 days trading horizon and your slightly conservative level of risk, our recommendation regarding Optimax Technology Corp is 'Strong Sell'. Macroaxis provides Optimax Technology buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding 3051 positions. The advice algorithm takes into account all of Optimax Technology's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Optimax Technology's buy or sell advice are summarized below:
Real Value
31.05
Hype Value
37.45
Market Value
37.45
Naive Value
37.01
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Optimax Technology Corp given historical horizon and risk tolerance towards Optimax Technology. When Macroaxis issues a 'buy' or 'sell' recommendation for Optimax Technology Corp, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Optimax Technology 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 Optimax and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Optimax Technology Corp. 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 Optimax Technology Buy or Sell Advice

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

Time Horizon

Risk Tolerance

Execute Advice
Sell Optimax TechnologyBuy Optimax Technology
Strong Sell

Market Performance

WeakDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

OvervaluedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Follows the market closelyDetails

Analyst Consensus

Not AvailableDetails

Reporting Quality (M-Score)

InapplicableDetails
For the selected time horizon Optimax Technology Corp has a Mean Deviation of 2.29, Standard Deviation of 3.22 and Variance of 10.36
Optimax Technology advice module can be used to check and cross-verify current recommendation provided by analysts analyzing the firm's potential to grow using all of fundamental, technical, data market data available at the time. To make sure Optimax Technology is not overpriced, please check all Optimax Technology Corp fundamentals, including its shares owned by insiders, price to earning, price to sales, as well as the relationship between the shares owned by institutions and price to book .

Optimax Technology Trading Alerts and Improvement Suggestions

The company has accumulated 1.79 B in total debt with debt to equity ratio (D/E) of 0.98, which is about average as compared to similar companies. Optimax Technology Corp has a current ratio of 0.89, 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 Optimax Technology until it has trouble settling it off, either with new capital or with free cash flow. So, Optimax Technology'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 Optimax Technology Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Optimax to invest in growth at high rates of return. When we think about Optimax Technology's use of debt, we should always consider it together with cash and equity.
About 27.0% of Optimax Technology shares are owned by insiders or employees

Optimax Technology Returns Distribution Density

The distribution of Optimax Technology's historical returns is an attempt to chart the uncertainty of Optimax Technology's future price movements. The chart of the probability distribution of Optimax Technology daily returns describes the distribution of returns around its average expected value. We use Optimax Technology Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Optimax Technology returns is essential to provide solid investment advice for Optimax Technology.
Mean Return
-0.12
Value At Risk
-6.54
Potential Upside
5.55
Standard Deviation
3.22
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Optimax Technology 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.

Optimax Technology 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 Optimax Technology or Electronic Equipment, Instruments & 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 Optimax Technology'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 Optimax 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
-0.2
β
Beta against NYSE Composite0.59
σ
Overall volatility
2.94
Ir
Information ratio -0.08

Optimax Technology Volatility Alert

Optimax Technology Corp exhibits very low volatility with skewness of -0.66 and kurtosis of 1.59. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Optimax Technology'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 Optimax Technology'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.

Optimax Technology Fundamentals Vs Peers

Comparing Optimax Technology'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 Optimax Technology's direct or indirect competition across all of the common fundamentals between Optimax Technology and the related equities. This way, we can detect undervalued stocks with similar characteristics as Optimax Technology or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Optimax Technology's fundamental indicators could also be used in its relative valuation, which is a method of valuing Optimax Technology by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Optimax Technology to competition
FundamentalsOptimax TechnologyPeer Average
Return On Equity0.21-0.31
Return On Asset0.0437-0.14
Profit Margin0.15 %(1.27) %
Operating Margin0.11 %(5.51) %
Current Valuation4.93 B16.62 B
Shares Outstanding168 M571.82 M
Shares Owned By Insiders26.98 %10.09 %
Shares Owned By Institutions0.17 %39.21 %
Price To Earning393.14 X28.72 X
Price To Book1.28 X9.51 X
Price To Sales1.00 X11.42 X
Revenue3.19 B9.43 B
Gross Profit780.84 M27.38 B
EBITDA978.15 M3.9 B
Net Income809.94 M570.98 M
Cash And Equivalents83.92 M2.7 B
Cash Per Share0.49 X5.01 X
Total Debt1.79 B5.32 B
Debt To Equity0.98 %48.70 %
Current Ratio0.91 X2.16 X
Book Value Per Share14.46 X1.93 K
Cash Flow From Operations153.14 M971.22 M
Earnings Per Share2.72 X3.12 X
Number Of Employees1718.84 K
Beta1.41-0.15
Market Capitalization3.19 B19.03 B
Total Asset4.81 B29.47 B
Retained Earnings(1.45 B)9.33 B
Working Capital852 M1.48 B
Current Asset3.21 B9.34 B
Current Liabilities2.36 B7.9 B
Z Score0.68.72
Net Asset4.81 B

Optimax Technology Market Momentum

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

When is the right time to buy or sell Optimax Technology Corp? Buying financial instruments such as Optimax 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 Optimax Technology 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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Single Stock ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Single Stock ETFs theme has 61 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 Single Stock ETFs Theme or any other thematic opportunities.
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Check out Optimax Technology 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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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