Associated Industries (Taiwan) Buy Hold or Sell Recommendation

9912 Stock  TWD 11.75  0.20  1.67%   
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Associated Industries China is 'Not Rated'. Macroaxis provides Associated Industries buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding 9912 positions. The advice algorithm takes into account all of Associated Industries' available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Associated Industries' buy or sell advice are summarized below:
Real Value
0.0
Hype Value
0.0
Market Value
11.75
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Associated Industries China given historical horizon and risk tolerance towards Associated Industries. When Macroaxis issues a 'buy' or 'sell' recommendation for Associated Industries China, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Associated Industries 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 Associated and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Associated Industries China. 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 Associated Industries Buy or Sell Advice

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

Time Horizon

Risk Tolerance

Execute Advice
Sell Associated IndustriesBuy Associated Industries
Strong Sell

Market Performance

ModestDetails

Volatility

Out of controlDetails

Hype Condition

Under hypedDetails

Current Valuation

UndervaluedDetails

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 Associated Industries China has a Mean Deviation of 2.25, Semi Deviation of 2.06, Standard Deviation of 3.1, Variance of 9.62, Downside Variance of 6.31 and Semi Variance of 4.24
Our trade advice tool can cross-verify current analyst consensus on Associated Industries and to analyze the company potential to grow in the current economic cycle. To make sure Associated Industries is not overpriced, please confirm all Associated Industries fundamentals, including its price to book, revenue, and the relationship between the price to earning and price to sales .

Associated Industries Trading Alerts and Improvement Suggestions

Associated Industries had very high historical volatility over the last 90 days
Associated Industries China has accumulated about 71.82 M in cash with (47.31 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.34.
Roughly 40.0% of the company shares are owned by insiders or employees

Associated Industries Returns Distribution Density

The distribution of Associated Industries' historical returns is an attempt to chart the uncertainty of Associated Industries' future price movements. The chart of the probability distribution of Associated Industries daily returns describes the distribution of returns around its average expected value. We use Associated Industries China price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Associated Industries returns is essential to provide solid investment advice for Associated Industries.
Mean Return
0.20
Value At Risk
-3.86
Potential Upside
7.36
Standard Deviation
3.10
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Associated Industries 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.

Associated Industries 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 Associated Industries or Technology Hardware, Storage & Peripherals 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 Associated Industries' 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 Associated 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
0.19
β
Beta against NYSE Composite-0.02
σ
Overall volatility
3.10
Ir
Information ratio 0.02

Associated Industries Volatility Alert

Associated Industries China currently demonstrates below-average downside deviation. It has Information Ratio of 0.02 and Jensen Alpha of 0.19. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Associated Industries' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Associated Industries' 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.

Associated Industries Fundamentals Vs Peers

Comparing Associated Industries' 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 Associated Industries' direct or indirect competition across all of the common fundamentals between Associated Industries and the related equities. This way, we can detect undervalued stocks with similar characteristics as Associated Industries or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Associated Industries' fundamental indicators could also be used in its relative valuation, which is a method of valuing Associated Industries by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Associated Industries to competition
FundamentalsAssociated IndustriesPeer Average
Return On Equity-0.0054-0.31
Return On Asset-0.0173-0.14
Profit Margin0.01 %(1.27) %
Operating Margin(0.03) %(5.51) %
Current Valuation715.91 M16.62 B
Shares Outstanding51.77 M571.82 M
Shares Owned By Insiders39.55 %10.09 %
Price To Earning(47.07) X28.72 X
Price To Book1.20 X9.51 X
Price To Sales0.77 X11.42 X
Revenue632.26 M9.43 B
Gross Profit215.59 M27.38 B
EBITDA40.51 M3.9 B
Net Income18.24 M570.98 M
Cash And Equivalents71.82 M2.7 B
Cash Per Share1.34 X5.01 X
Total Debt90 M5.32 B
Debt To Equity0.16 %48.70 %
Current Ratio1.83 X2.16 X
Book Value Per Share8.11 X1.93 K
Cash Flow From Operations(47.31 M)971.22 M
Earnings Per Share0.14 X3.12 X
Number Of Employees818.84 K
Beta0.73-0.15
Market Capitalization509.96 M19.03 B
Total Asset764.08 M29.47 B
Retained Earnings68 M9.33 B
Working Capital172 M1.48 B
Current Asset380 M9.34 B
Current Liabilities208 M7.9 B
Z Score3.08.72
Net Asset764.08 M

Associated Industries Market Momentum

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

When is the right time to buy or sell Associated Industries China? Buying financial instruments such as Associated 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 Associated Industries 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 Management Thematic Idea Now

Management
Management Theme
Companies providing management services to businesses. The Management theme has 39 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 Management Theme or any other thematic opportunities.
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Check out Associated Industries 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.
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Please note, there is a significant difference between Associated Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Associated Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Associated Industries' 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.