Well Shin (Taiwan) Buy Hold or Sell Recommendation

3501 Stock  TWD 57.00  0.20  0.35%   
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Well Shin Technology is 'Cautious Hold'. Macroaxis provides Well Shin buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding 3501 positions. The advice algorithm takes into account all of Well Shin's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Well Shin's buy or sell advice are summarized below:
Real Value
55.35
Hype Value
56.8
Market Value
57
Naive Value
57.64
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Well Shin Technology given historical horizon and risk tolerance towards Well Shin. When Macroaxis issues a 'buy' or 'sell' recommendation for Well Shin Technology, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Well Shin 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 Well and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Well Shin Technology. 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 Well Shin Buy or Sell Advice

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

Time Horizon

Risk Tolerance

Execute Advice
Sell Well ShinBuy Well Shin
Cautious Hold

Market Performance

SolidDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Moves indifferently to market movesDetails

Analyst Consensus

Not AvailableDetails

Reporting Quality (M-Score)

InapplicableDetails
For the selected time horizon Well Shin Technology has a Mean Deviation of 0.524, Semi Deviation of 0.5107, Standard Deviation of 0.7479, Variance of 0.5594, Downside Variance of 0.722 and Semi Variance of 0.2608
Our trade recommendation module provides unbiased trade advice that can be used to complement current average analyst sentiment on Well Shin Technology. Our trade recommendation engine provides an advice for the entity potential to grow from the perspective of an investor's risk tolerance and investing horizon. To make sure Well Shin Technology is not overpriced, please check out all Well Shin Technology fundamentals, including its shares outstanding, shares owned by institutions, and the relationship between the current valuation and shares owned by insiders .

Well Shin Trading Alerts and Improvement Suggestions

Well Shin Technology has accumulated about 1.86 B in cash with (416.11 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 15.71.
Roughly 43.0% of the company shares are owned by insiders or employees

Well Shin Returns Distribution Density

The distribution of Well Shin's historical returns is an attempt to chart the uncertainty of Well Shin's future price movements. The chart of the probability distribution of Well Shin daily returns describes the distribution of returns around its average expected value. We use Well Shin Technology price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Well Shin returns is essential to provide solid investment advice for Well Shin.
Mean Return
0.13
Value At Risk
-0.92
Potential Upside
1.55
Standard Deviation
0.75
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Well Shin 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.

Well Shin 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 Well Shin or Electrical Equipment 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 Well Shin'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 Well 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
0.13
β
Beta against NYSE Composite-0.09
σ
Overall volatility
0.81
Ir
Information ratio -0.007

Well Shin Volatility Alert

Well Shin Technology has low volatility with Treynor Ratio of -1.29, Maximum Drawdown of 4.57 and kurtosis of 1.7. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Well Shin'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 Well Shin'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.

Well Shin Fundamentals Vs Peers

Comparing Well Shin'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 Well Shin's direct or indirect competition across all of the common fundamentals between Well Shin and the related equities. This way, we can detect undervalued stocks with similar characteristics as Well Shin or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Well Shin's fundamental indicators could also be used in its relative valuation, which is a method of valuing Well Shin by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Well Shin to competition
FundamentalsWell ShinPeer Average
Return On Equity0.11-0.31
Return On Asset0.0455-0.14
Profit Margin0.11 %(1.27) %
Operating Margin0.1 %(5.51) %
Current Valuation5.05 B16.62 B
Shares Outstanding118.26 M571.82 M
Shares Owned By Insiders42.57 %10.09 %
Shares Owned By Institutions1.61 %39.21 %
Price To Earning8.77 X28.72 X
Price To Book1.00 X9.51 X
Price To Sales0.98 X11.42 X
Revenue5.58 B9.43 B
Gross Profit1.07 B27.38 B
EBITDA652.64 M3.9 B
Net Income345.31 M570.98 M
Cash And Equivalents1.86 B2.7 B
Cash Per Share15.71 X5.01 X
Total Debt68.35 M5.32 B
Debt To Equity10.40 %48.70 %
Current Ratio2.66 X2.16 X
Book Value Per Share55.19 X1.93 K
Cash Flow From Operations(416.11 M)971.22 M
Earnings Per Share3.92 X3.12 X
Target Price49.0
Number Of Employees1718.84 K
Beta0.48-0.15
Market Capitalization5.89 B19.03 B
Total Asset8.33 B29.47 B
Retained Earnings2.4 B9.33 B
Working Capital3.02 B1.48 B
Current Asset4.51 B9.34 B
Current Liabilities1.5 B7.9 B
Z Score51.68.72

Well Shin Market Momentum

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

When is the right time to buy or sell Well Shin Technology? Buying financial instruments such as Well 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 Well Shin 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 Crypto And Gold Thematic Idea Now

Crypto And Gold
Crypto And Gold Theme
Assets that cancel away each other volatility by providing diversification into gold investment combined with digital assets. The Crypto And Gold theme has 54 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 Crypto And Gold Theme or any other thematic opportunities.
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Check out Well Shin 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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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