Onano Industrial (Taiwan) Buy Hold or Sell Recommendation
| 6405 Stock | TWD 23.80 0.20 0.85% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Onano Industrial Corp is 'Strong Sell'. Macroaxis provides Onano Industrial buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding 6405 positions. The advice algorithm takes into account all of Onano Industrial's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Onano Industrial's buy or sell advice are summarized below:
Real Value 20.6 | Hype Value 23.8 | Market Value 23.8 | Naive Value 23.79 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Onano Industrial Corp given historical horizon and risk tolerance towards Onano Industrial. When Macroaxis issues a 'buy' or 'sell' recommendation for Onano Industrial Corp, the advice is generated through an automated system that utilizes algorithms and statistical models.
Onano |
Execute Onano Industrial Buy or Sell Advice
The Onano recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Onano Industrial Corp. Macroaxis does not own or have any residual interests in Onano Industrial Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Onano Industrial's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Weak | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost neglects market trends | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Onano Industrial Trading Alerts and Improvement Suggestions
| About 42.0% of the company shares are owned by insiders or employees |
Onano Industrial Returns Distribution Density
The distribution of Onano Industrial's historical returns is an attempt to chart the uncertainty of Onano Industrial's future price movements. The chart of the probability distribution of Onano Industrial daily returns describes the distribution of returns around its average expected value. We use Onano Industrial Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Onano Industrial returns is essential to provide solid investment advice for Onano Industrial.
| Mean Return | 0.04 | Value At Risk | -2.91 | Potential Upside | 4.92 | Standard Deviation | 2.44 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Onano Industrial 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.
Onano Industrial 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 Onano Industrial 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 Onano Industrial'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 Onano 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 | 0.04 | |
β | Beta against NYSE Composite | -0.16 | |
σ | Overall volatility | 2.65 | |
Ir | Information ratio | -0.01 |
Onano Industrial Volatility Alert
Onano Industrial Corp has relatively low volatility with skewness of 2.03 and kurtosis of 5.82. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Onano Industrial'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 Onano Industrial'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.Onano Industrial Fundamentals Vs Peers
Comparing Onano Industrial'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 Onano Industrial's direct or indirect competition across all of the common fundamentals between Onano Industrial and the related equities. This way, we can detect undervalued stocks with similar characteristics as Onano Industrial or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Onano Industrial's fundamental indicators could also be used in its relative valuation, which is a method of valuing Onano Industrial by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Onano Industrial to competition |
| Fundamentals | Onano Industrial | Peer Average |
| Return On Equity | 0.0249 | -0.31 |
| Return On Asset | -0.0067 | -0.14 |
| Profit Margin | 0.15 % | (1.27) % |
| Operating Margin | (0.07) % | (5.51) % |
| Current Valuation | (410.91 M) | 16.62 B |
| Shares Outstanding | 65.8 M | 571.82 M |
| Shares Owned By Insiders | 42.18 % | 10.09 % |
| Price To Earning | 200.00 X | 28.72 X |
| Price To Book | 0.54 X | 9.51 X |
| Price To Sales | 3.18 X | 11.42 X |
| Revenue | 540.41 M | 9.43 B |
| Gross Profit | 143.41 M | 27.38 B |
| EBITDA | 186.98 M | 3.9 B |
| Net Income | 99.59 M | 570.98 M |
| Cash And Equivalents | 711.4 M | 2.7 B |
| Cash Per Share | 10.81 X | 5.01 X |
| Total Debt | 98.02 M | 5.32 B |
| Debt To Equity | 32.90 % | 48.70 % |
| Current Ratio | 7.85 X | 2.16 X |
| Book Value Per Share | 39.55 X | 1.93 K |
| Cash Flow From Operations | 83.2 M | 971.22 M |
| Earnings Per Share | 1.03 X | 3.12 X |
| Number Of Employees | 11 | 18.84 K |
| Beta | 1.1 | -0.15 |
| Market Capitalization | 1.4 B | 19.03 B |
| Total Asset | 3.21 B | 29.47 B |
| Retained Earnings | 604 M | 9.33 B |
| Working Capital | 707 M | 1.48 B |
| Current Asset | 969 M | 9.34 B |
| Current Liabilities | 262 M | 7.9 B |
| Z Score | 8.4 | 8.72 |
| Annual Yield | 0.09 % | |
| Net Asset | 3.21 B |
Onano Industrial Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Onano . 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 Onano Industrial Buy or Sell Advice
When is the right time to buy or sell Onano Industrial Corp? Buying financial instruments such as Onano 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 Onano Industrial 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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Money Funds
Funds or Etfs that invest most if their asset in companies from financial sector such as commercial banks, insurance companies, investment funds, and real estate. The Money Funds theme has 31 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 Money Funds Theme or any other thematic opportunities.
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Check out Onano Industrial 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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
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When running Onano Industrial's price analysis, check to measure Onano Industrial'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 Onano Industrial is operating at the current time. Most of Onano Industrial's value examination focuses on studying past and present price action to predict the probability of Onano Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Onano Industrial's price. Additionally, you may evaluate how the addition of Onano Industrial to your portfolios can decrease your overall portfolio volatility.
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