CoAsia Microelectronics (Taiwan) Buy Hold or Sell Recommendation
| 8096 Stock | TWD 26.70 0.70 2.69% |
Assuming the 90 days trading horizon and your typical level of risk aversion, our recommendation regarding CoAsia Microelectronics is 'Strong Sell'. Macroaxis provides CoAsia Microelectronics buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding 8096 positions. The advice algorithm takes into account all of CoAsia Microelectronics' available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting CoAsia Microelectronics' buy or sell advice are summarized below:
Real Value 22.9 | Hype Value 26.7 | Market Value 26.7 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell CoAsia Microelectronics given historical horizon and risk tolerance towards CoAsia Microelectronics. When Macroaxis issues a 'buy' or 'sell' recommendation for CoAsia Microelectronics, the advice is generated through an automated system that utilizes algorithms and statistical models.
CoAsia |
Execute CoAsia Microelectronics Buy or Sell Advice
The CoAsia recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on CoAsia Microelectronics. Macroaxis does not own or have any residual interests in CoAsia Microelectronics or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute CoAsia Microelectronics' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Insignificant | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
CoAsia Microelectronics Trading Alerts and Improvement Suggestions
| CoAsia Microelectronics had very high historical volatility over the last 90 days | |
| CoAsia Microelectronics has accumulated about 453.31 M in cash with (971.26 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.04. | |
| Roughly 34.0% of the company shares are owned by insiders or employees |
CoAsia Microelectronics Returns Distribution Density
The distribution of CoAsia Microelectronics' historical returns is an attempt to chart the uncertainty of CoAsia Microelectronics' future price movements. The chart of the probability distribution of CoAsia Microelectronics daily returns describes the distribution of returns around its average expected value. We use CoAsia Microelectronics price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of CoAsia Microelectronics returns is essential to provide solid investment advice for CoAsia Microelectronics.
| Mean Return | 0.48 | Value At Risk | -5.32 | Potential Upside | 9.91 | Standard Deviation | 4.28 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of CoAsia Microelectronics 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.
CoAsia Microelectronics 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 CoAsia Microelectronics 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 CoAsia Microelectronics' 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 CoAsia 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 | 0.42 | |
β | Beta against NYSE Composite | 0.58 | |
σ | Overall volatility | 4.02 | |
Ir | Information ratio | 0.09 |
CoAsia Microelectronics Volatility Alert
CoAsia Microelectronics 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 CoAsia Microelectronics' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact CoAsia Microelectronics' 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.CoAsia Microelectronics Fundamentals Vs Peers
Comparing CoAsia Microelectronics' 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 CoAsia Microelectronics' direct or indirect competition across all of the common fundamentals between CoAsia Microelectronics and the related equities. This way, we can detect undervalued stocks with similar characteristics as CoAsia Microelectronics or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of CoAsia Microelectronics' fundamental indicators could also be used in its relative valuation, which is a method of valuing CoAsia Microelectronics by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare CoAsia Microelectronics to competition |
| Fundamentals | CoAsia Microelectronics | Peer Average |
| Return On Equity | 0.0634 | -0.31 |
| Return On Asset | 0.0096 | -0.14 |
| Profit Margin | 0.01 % | (1.27) % |
| Operating Margin | 0 % | (5.51) % |
| Current Valuation | 4.67 B | 16.62 B |
| Shares Outstanding | 148.9 M | 571.82 M |
| Shares Owned By Insiders | 33.84 % | 10.09 % |
| Shares Owned By Institutions | 1.01 % | 39.21 % |
| Price To Earning | 16.79 X | 28.72 X |
| Price To Book | 0.65 X | 9.51 X |
| Price To Sales | 0.06 X | 11.42 X |
| Revenue | 29.2 B | 9.43 B |
| Gross Profit | 959.3 M | 27.38 B |
| EBITDA | 311.43 M | 3.9 B |
| Net Income | 164.32 M | 570.98 M |
| Cash And Equivalents | 453.31 M | 2.7 B |
| Cash Per Share | 3.04 X | 5.01 X |
| Total Debt | 5.12 B | 5.32 B |
| Debt To Equity | 1.94 % | 48.70 % |
| Current Ratio | 1.35 X | 2.16 X |
| Book Value Per Share | 18.14 X | 1.93 K |
| Cash Flow From Operations | (971.26 M) | 971.22 M |
| Earnings Per Share | 1.07 X | 3.12 X |
| Number Of Employees | 152 | 18.84 K |
| Beta | 0.79 | -0.15 |
| Market Capitalization | 1.77 B | 19.03 B |
| Total Asset | 8.28 B | 29.47 B |
| Z Score | 3.0 | 8.72 |
| Annual Yield | 0.02 % | |
| Net Asset | 8.28 B | |
| Last Dividend Paid | 0.24 |
CoAsia Microelectronics Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as CoAsia . 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 CoAsia Microelectronics Buy or Sell Advice
When is the right time to buy or sell CoAsia Microelectronics? Buying financial instruments such as CoAsia 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.
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Check out CoAsia Microelectronics 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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Complementary Tools for CoAsia Stock analysis
When running CoAsia Microelectronics' price analysis, check to measure CoAsia Microelectronics' 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 CoAsia Microelectronics is operating at the current time. Most of CoAsia Microelectronics' value examination focuses on studying past and present price action to predict the probability of CoAsia Microelectronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CoAsia Microelectronics' price. Additionally, you may evaluate how the addition of CoAsia Microelectronics to your portfolios can decrease your overall portfolio volatility.
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