Nien Made (Taiwan) Buy Hold or Sell Recommendation

8464 Stock  TWD 355.00  10.00  2.90%   
Assuming the 90 days trading horizon and your complete indifference towards market risk, our recommendation regarding Nien Made Enterprise is 'Strong Hold'. Macroaxis provides Nien Made buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding 8464 positions. The advice algorithm takes into account all of Nien Made's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Nien Made's buy or sell advice are summarized below:
Real Value
316.73
Hype Value
355
Market Value
355
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Nien Made Enterprise given historical horizon and risk tolerance towards Nien Made. When Macroaxis issues a 'buy' or 'sell' recommendation for Nien Made Enterprise, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Nien Made 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 Nien and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Nien Made Enterprise. 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 Nien Made Buy or Sell Advice

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

Time Horizon

Risk Tolerance

Execute Advice
Sell Nien MadeBuy Nien Made
Strong Hold

Market Performance

WeakDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

OvervaluedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Moves indifferently to market movesDetails

Analyst Consensus

Not AvailableDetails

Reporting Quality (M-Score)

InapplicableDetails
For the selected time horizon Nien Made Enterprise has a Risk Adjusted Performance of (0.0007), Jensen Alpha of (0.02), Total Risk Alpha of (0.42) and Treynor Ratio of 0.4027
Macroaxis provides trade recommendations on Nien Made Enterprise to complement and cross-verify current analyst consensus on Nien Made. Our advice engine determines the firm's potential to grow exclusively from the perspective of an investor's current risk tolerance and investing horizon. To make sure Nien Made Enterprise is not overpriced, please verify all Nien Made Enterprise fundamentals, including its return on asset, operating margin, shares outstanding, as well as the relationship between the profit margin and current valuation .

Nien Made Trading Alerts and Improvement Suggestions

About 44.0% of the company shares are owned by insiders or employees

Nien Made Returns Distribution Density

The distribution of Nien Made's historical returns is an attempt to chart the uncertainty of Nien Made's future price movements. The chart of the probability distribution of Nien Made daily returns describes the distribution of returns around its average expected value. We use Nien Made Enterprise price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Nien Made returns is essential to provide solid investment advice for Nien Made.
Mean Return
-0.02
Value At Risk
-2.74
Potential Upside
2.84
Standard Deviation
1.73
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Nien Made 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.

Nien Made 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 Nien Made or Household Durables 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 Nien Made'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 Nien 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
-0.02
β
Beta against NYSE Composite-0.08
σ
Overall volatility
1.84
Ir
Information ratio -0.09

Nien Made Volatility Alert

Nien Made Enterprise exhibits very low volatility with skewness of 0.24 and kurtosis of 0.33. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Nien Made'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 Nien Made'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.

Nien Made Fundamentals Vs Peers

Comparing Nien Made'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 Nien Made's direct or indirect competition across all of the common fundamentals between Nien Made and the related equities. This way, we can detect undervalued stocks with similar characteristics as Nien Made or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Nien Made's fundamental indicators could also be used in its relative valuation, which is a method of valuing Nien Made by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Nien Made to competition
FundamentalsNien MadePeer Average
Return On Equity0.33-0.31
Return On Asset0.17-0.14
Profit Margin0.21 %(1.27) %
Operating Margin0.26 %(5.51) %
Current Valuation72.95 B16.62 B
Shares Outstanding293.02 M571.82 M
Shares Owned By Insiders43.68 %10.09 %
Shares Owned By Institutions31.89 %39.21 %
Price To Earning19.60 X28.72 X
Price To Book3.98 X9.51 X
Price To Sales2.84 X11.42 X
Revenue29.02 B9.43 B
Gross Profit15.8 B27.38 B
EBITDA8.36 B3.9 B
Net Income5.32 B570.98 M
Cash And Equivalents5.77 B2.7 B
Cash Per Share19.69 X5.01 X
Total Debt718.91 M5.32 B
Debt To Equity6.10 %48.70 %
Current Ratio1.77 X2.16 X
Book Value Per Share69.22 X1.93 K
Cash Flow From Operations6.04 B971.22 M
Earnings Per Share20.93 X3.12 X
Target Price308.0
Number Of Employees2118.84 K
Beta1.02-0.15
Market Capitalization96.7 B19.03 B
Total Asset29.39 B29.47 B
Z Score80.48.72
Annual Yield0.03 %
Net Asset29.39 B
Last Dividend Paid11.0

Nien Made Market Momentum

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

When is the right time to buy or sell Nien Made Enterprise? Buying financial instruments such as Nien 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 Nien Made 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 Trading Thematic Idea Now

Trading
Trading Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Trading 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 Trading Theme or any other thematic opportunities.
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Check out Nien Made 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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

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