New Era (Taiwan) Buy Hold or Sell Recommendation
| 4909 Stock | TWD 79.30 8.50 9.68% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding New Era Electronics is 'Strong Hold'. Macroaxis provides New Era buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding New Era positions. The advice algorithm takes into account all of New Era's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting New Era's buy or sell advice are summarized below:
Real Value 62.34 | Hype Value 87.8 | Market Value 79.3 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell New Era Electronics given historical horizon and risk tolerance towards New Era. When Macroaxis issues a 'buy' or 'sell' recommendation for New Era Electronics, the advice is generated through an automated system that utilizes algorithms and statistical models.
New |
Execute New Era Buy or Sell Advice
The New recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on New Era Electronics. Macroaxis does not own or have any residual interests in New Era Electronics or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute New Era's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Solid | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Actively responds to the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
New Era Trading Alerts and Improvement Suggestions
| New Era Electronics appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 673.31 M. Net Loss for the year was (117.86 M) with loss before overhead, payroll, taxes, and interest of (16.71 M). | |
| New Era Electronics has accumulated about 2.46 B in cash with (104.27 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 26.35. | |
| Roughly 30.0% of the company shares are owned by insiders or employees |
New Era Returns Distribution Density
The distribution of New Era's historical returns is an attempt to chart the uncertainty of New Era's future price movements. The chart of the probability distribution of New Era daily returns describes the distribution of returns around its average expected value. We use New Era Electronics price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of New Era returns is essential to provide solid investment advice for New Era.
| Mean Return | 1.55 | Value At Risk | -5.58 | Potential Upside | 10.00 | Standard Deviation | 5.14 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of New Era 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.
New Era 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 New Era or Technology 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 New Era'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 New 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 | 1.41 | |
β | Beta against NYSE Composite | 1.63 | |
σ | Overall volatility | 4.94 | |
Ir | Information ratio | 0.28 |
New Era Volatility Alert
New Era Electronics shows above-average downside volatility for the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure New Era'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 New Era'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.New Era Fundamentals Vs Peers
Comparing New Era'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 New Era's direct or indirect competition across all of the common fundamentals between New Era and the related equities. This way, we can detect undervalued stocks with similar characteristics as New Era or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of New Era's fundamental indicators could also be used in its relative valuation, which is a method of valuing New Era by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare New Era to competition |
| Fundamentals | New Era | Peer Average |
| Return On Equity | -0.0063 | -0.31 |
| Return On Asset | -0.0431 | -0.14 |
| Profit Margin | (0.03) % | (1.27) % |
| Operating Margin | (0.38) % | (5.51) % |
| Current Valuation | (311.23 M) | 16.62 B |
| Shares Outstanding | 93.36 M | 571.82 M |
| Shares Owned By Insiders | 29.51 % | 10.09 % |
| Shares Owned By Institutions | 1.13 % | 39.21 % |
| Price To Earning | 15.74 X | 28.72 X |
| Price To Book | 0.64 X | 9.51 X |
| Price To Sales | 3.18 X | 11.42 X |
| Revenue | 673.31 M | 9.43 B |
| Gross Profit | (16.71 M) | 27.38 B |
| EBITDA | (96.74 M) | 3.9 B |
| Net Income | (117.86 M) | 570.98 M |
| Cash And Equivalents | 2.46 B | 2.7 B |
| Cash Per Share | 26.35 X | 5.01 X |
| Total Debt | 380 M | 5.32 B |
| Debt To Equity | 14.30 % | 48.70 % |
| Current Ratio | 4.70 X | 2.16 X |
| Book Value Per Share | 25.97 X | 1.93 K |
| Cash Flow From Operations | (104.27 M) | 971.22 M |
| Earnings Per Share | (0.98) X | 3.12 X |
| Number Of Employees | 197 | 18.84 K |
| Beta | 1.02 | -0.15 |
| Market Capitalization | 1.61 B | 19.03 B |
| Total Asset | 2.67 B | 29.47 B |
| Z Score | 2.4 | 8.72 |
| Annual Yield | 0.02 % | |
| Five Year Return | 5.55 % | |
| Net Asset | 2.67 B |
New Era Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as New . 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 | 1.4 M | |||
| Daily Balance Of Power | (0.65) | |||
| Rate Of Daily Change | 0.9 | |||
| Day Median Price | 85.85 | |||
| Day Typical Price | 83.67 | |||
| Price Action Indicator | (10.80) | |||
| Period Momentum Indicator | (8.50) |
About New Era Buy or Sell Advice
When is the right time to buy or sell New Era Electronics? Buying financial instruments such as New 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 New Era 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?
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Tobacco makers and distributors across globe. The Cigarettes theme has 38 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 Cigarettes Theme or any other thematic opportunities.
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Check out New Era 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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Complementary Tools for New Stock analysis
When running New Era's price analysis, check to measure New Era'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 New Era is operating at the current time. Most of New Era's value examination focuses on studying past and present price action to predict the probability of New Era's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Era's price. Additionally, you may evaluate how the addition of New Era to your portfolios can decrease your overall portfolio volatility.
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