Harmony Electronics (Taiwan) Buy Hold or Sell Recommendation

8182 Stock  TWD 36.20  0.20  0.56%   
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Harmony Electronics is 'Cautious Hold'. Macroaxis provides Harmony Electronics buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding 8182 positions. The advice algorithm takes into account all of Harmony Electronics' available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Harmony Electronics' buy or sell advice are summarized below:
Real Value
35.96
Hype Value
36.2
Market Value
36.2
Naive Value
38.23
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Harmony Electronics given historical horizon and risk tolerance towards Harmony Electronics. When Macroaxis issues a 'buy' or 'sell' recommendation for Harmony Electronics, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Harmony Electronics 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 Harmony and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Harmony Electronics. 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 Harmony Electronics Buy or Sell Advice

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

Time Horizon

Risk Tolerance

Execute Advice
Sell Harmony ElectronicsBuy Harmony Electronics
Cautious Hold

Market Performance

ModestDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Slowly supersedes the marketDetails

Analyst Consensus

Not AvailableDetails

Reporting Quality (M-Score)

InapplicableDetails
For the selected time horizon Harmony Electronics has a Mean Deviation of 1.35, Semi Deviation of 1.69, Standard Deviation of 2.45, Variance of 5.99, Downside Variance of 3.86 and Semi Variance of 2.85
Harmony Electronics investment recommendation module can be used to check and cross-verify current trade recommendations provided by analysts evaluating the entity's potential to grow using all of fundamental, technical, data market data available at the time. To make sure Harmony Electronics is not overpriced, please check out all Harmony Electronics fundamentals, including its price to earning, price to sales, and the relationship between the shares owned by institutions and price to book .

Harmony Electronics Trading Alerts and Improvement Suggestions

About 67.0% of the company shares are owned by insiders or employees

Harmony Electronics Returns Distribution Density

The distribution of Harmony Electronics' historical returns is an attempt to chart the uncertainty of Harmony Electronics' future price movements. The chart of the probability distribution of Harmony Electronics daily returns describes the distribution of returns around its average expected value. We use Harmony Electronics price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Harmony Electronics returns is essential to provide solid investment advice for Harmony Electronics.
Mean Return
0.12
Value At Risk
-2.41
Potential Upside
4.02
Standard Deviation
2.45
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Harmony Electronics 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.

Harmony Electronics 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 Harmony Electronics 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 Harmony Electronics' 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 Harmony 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
0.06
β
Beta against NYSE Composite0.43
σ
Overall volatility
2.67
Ir
Information ratio -0.0053

Harmony Electronics Volatility Alert

Harmony Electronics has relatively low volatility with skewness of 1.76 and kurtosis of 7.7. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Harmony Electronics' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Harmony Electronics' 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.

Harmony Electronics Fundamentals Vs Peers

Comparing Harmony Electronics' 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 Harmony Electronics' direct or indirect competition across all of the common fundamentals between Harmony Electronics and the related equities. This way, we can detect undervalued stocks with similar characteristics as Harmony Electronics or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Harmony Electronics' fundamental indicators could also be used in its relative valuation, which is a method of valuing Harmony Electronics by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Harmony Electronics to competition
FundamentalsHarmony ElectronicsPeer Average
Return On Equity0.14-0.31
Return On Asset0.0503-0.14
Profit Margin0.14 %(1.27) %
Operating Margin0.14 %(5.51) %
Current Valuation3.9 B16.62 B
Shares Outstanding107.04 M571.82 M
Shares Owned By Insiders67.24 %10.09 %
Shares Owned By Institutions0.30 %39.21 %
Price To Earning17.18 X28.72 X
Price To Book1.01 X9.51 X
Price To Sales1.05 X11.42 X
Revenue3.6 B9.43 B
Gross Profit1.03 B27.38 B
EBITDA926.75 M3.9 B
Net Income509.64 M570.98 M
Cash And Equivalents1.03 B2.7 B
Cash Per Share9.64 X5.01 X
Total Debt637.66 M5.32 B
Debt To Equity0.29 %48.70 %
Current Ratio1.81 X2.16 X
Book Value Per Share30.97 X1.93 K
Cash Flow From Operations657.42 M971.22 M
Earnings Per Share4.27 X3.12 X
Number Of Employees1718.84 K
Beta0.97-0.15
Market Capitalization3.51 B19.03 B
Total Asset5.89 B29.47 B
Z Score3.08.72
Annual Yield0.09 %
Five Year Return4.28 %
Net Asset5.89 B
Last Dividend Paid3.0

Harmony Electronics Market Momentum

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

When is the right time to buy or sell Harmony Electronics? Buying financial instruments such as Harmony 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 Harmony Electronics 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.

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Run Artificial Intelligence Thematic Idea Now

Artificial Intelligence
Artificial Intelligence Theme
Technology companies, funds, and ETFs across multiple industries that are involved in research or development in the field of reasoning, learning, natural language processing and perception as well as its application to science and commerce. This theme may also include entities involved in cybernetics and cognitive brain simulation field. The Artificial Intelligence theme has 42 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 Artificial Intelligence Theme or any other thematic opportunities.
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Check out Harmony Electronics 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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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