Onyx Healthcare (Taiwan) Buy Hold or Sell Recommendation
| 6569 Stock | TWD 166.00 1.50 0.90% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Onyx Healthcare is 'Hold'. Macroaxis provides Onyx Healthcare buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding 6569 positions. The advice algorithm takes into account all of Onyx Healthcare's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Onyx Healthcare's buy or sell advice are summarized below:
Real Value 167.25 | Hype Value 166 | Market Value 166 | Naive Value 161.21 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Onyx Healthcare given historical horizon and risk tolerance towards Onyx Healthcare. When Macroaxis issues a 'buy' or 'sell' recommendation for Onyx Healthcare, the advice is generated through an automated system that utilizes algorithms and statistical models.
Onyx |
Execute Onyx Healthcare Buy or Sell Advice
The Onyx recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Onyx Healthcare. Macroaxis does not own or have any residual interests in Onyx Healthcare or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Onyx Healthcare's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Onyx Healthcare thematic classifications
 | Health ManagementHealthcare providers, hospitals |
Onyx Healthcare Returns Distribution Density
The distribution of Onyx Healthcare's historical returns is an attempt to chart the uncertainty of Onyx Healthcare's future price movements. The chart of the probability distribution of Onyx Healthcare daily returns describes the distribution of returns around its average expected value. We use Onyx Healthcare price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Onyx Healthcare returns is essential to provide solid investment advice for Onyx Healthcare.
| Mean Return | 0 | Value At Risk | -2.84 | Potential Upside | 3.25 | Standard Deviation | 2.33 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Onyx Healthcare 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.
Onyx Healthcare 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 Onyx Healthcare or Healthcare 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 Onyx Healthcare'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 Onyx 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 | -0.07 | |
β | Beta against NYSE Composite | 1.15 | |
σ | Overall volatility | 2.35 | |
Ir | Information ratio | -0.03 |
Onyx Healthcare Volatility Alert
Onyx Healthcare currently demonstrates below-average downside deviation. It has Information Ratio of -0.03 and Jensen Alpha of -0.07. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Onyx Healthcare'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 Onyx Healthcare'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.Onyx Healthcare Fundamentals Vs Peers
Comparing Onyx Healthcare'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 Onyx Healthcare's direct or indirect competition across all of the common fundamentals between Onyx Healthcare and the related equities. This way, we can detect undervalued stocks with similar characteristics as Onyx Healthcare or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Onyx Healthcare's fundamental indicators could also be used in its relative valuation, which is a method of valuing Onyx Healthcare by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Onyx Healthcare to competition |
| Fundamentals | Onyx Healthcare | Peer Average |
| Price To Earning | 16.14 X | 28.72 X |
| EBITDA | 124.12 M | 3.9 B |
| Net Income | 142.99 M | 570.98 M |
| Cash And Equivalents | 294.17 M | 2.7 B |
| Cash Per Share | 9.72 X | 5.01 X |
| Total Debt | 280.45 M | 5.32 B |
| Debt To Equity | 0.30 % | 48.70 % |
| Current Ratio | 1.55 X | 2.16 X |
| Book Value Per Share | 38.63 X | 1.93 K |
| Cash Flow From Operations | 211.66 M | 971.22 M |
| Earnings Per Share | 6.57 X | 3.12 X |
| Number Of Employees | 12 | 18.84 K |
| Beta | 0.26 | -0.15 |
| Market Capitalization | 2.92 B | 19.03 B |
| Z Score | 6.0 | 8.72 |
| Five Year Return | 3.67 % | |
| Last Dividend Paid | 5.5 |
Onyx Healthcare Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Onyx . 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 Onyx Healthcare Buy or Sell Advice
When is the right time to buy or sell Onyx Healthcare? Buying financial instruments such as Onyx 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 Onyx Healthcare 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 Chemicals Thematic Idea Now
Chemicals
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Chemicals 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 Chemicals Theme or any other thematic opportunities.
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Check out Onyx Healthcare 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 FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for Onyx Stock analysis
When running Onyx Healthcare's price analysis, check to measure Onyx Healthcare'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 Onyx Healthcare is operating at the current time. Most of Onyx Healthcare's value examination focuses on studying past and present price action to predict the probability of Onyx Healthcare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Onyx Healthcare's price. Additionally, you may evaluate how the addition of Onyx Healthcare to your portfolios can decrease your overall portfolio volatility.
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