Taiwan Hon (Taiwan) Buy Hold or Sell Recommendation

9939 Stock  TWD 146.00  1.00  0.68%   
Assuming the 90 days trading horizon and your complete indifference towards market risk, our recommendation regarding Taiwan Hon Chuan is 'Strong Buy'. Macroaxis provides Taiwan Hon buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding 9939 positions. The advice algorithm takes into account all of Taiwan Hon's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Taiwan Hon's buy or sell advice are summarized below:
Real Value
166.38
Hype Value
146
Market Value
146
Naive Value
148.84
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Taiwan Hon Chuan given historical horizon and risk tolerance towards Taiwan Hon. When Macroaxis issues a 'buy' or 'sell' recommendation for Taiwan Hon Chuan, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Taiwan Hon 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 Taiwan and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Taiwan Hon Chuan. 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 Taiwan Hon Buy or Sell Advice

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

Time Horizon

Risk Tolerance

Execute Advice
Sell Taiwan HonBuy Taiwan Hon
Strong Buy

Market Performance

GoodDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

UndervaluedDetails

Odds Of Distress

Below AverageDetails

Economic Sensitivity

Follows the market closelyDetails

Analyst Consensus

Not AvailableDetails

Reporting Quality (M-Score)

InapplicableDetails
For the selected time horizon Taiwan Hon Chuan has a Risk Adjusted Performance of 0.1131, Jensen Alpha of 0.2093, Total Risk Alpha of (0.06), Sortino Ratio of 0.1276 and Treynor Ratio of 0.5021
Macroaxis provides recommendation on Taiwan Hon Chuan to complement and cross-verify current analyst consensus on Taiwan Hon Chuan. Our trade recommendation 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 Taiwan Hon Chuan is not overpriced, please validate all Taiwan Hon fundamentals, including its shares outstanding, shares owned by institutions, and the relationship between the current valuation and shares owned by insiders .

Taiwan Hon Returns Distribution Density

The distribution of Taiwan Hon's historical returns is an attempt to chart the uncertainty of Taiwan Hon's future price movements. The chart of the probability distribution of Taiwan Hon daily returns describes the distribution of returns around its average expected value. We use Taiwan Hon Chuan price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Taiwan Hon returns is essential to provide solid investment advice for Taiwan Hon.
Mean Return
0.29
Value At Risk
-1.93
Potential Upside
2.84
Standard Deviation
1.50
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Taiwan Hon 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.

Taiwan Hon 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 Taiwan Hon or Containers & Packaging 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 Taiwan Hon'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 Taiwan 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
0.21
β
Beta against NYSE Composite0.56
σ
Overall volatility
1.50
Ir
Information ratio 0.10

Taiwan Hon Volatility Alert

Taiwan Hon Chuan has relatively low volatility with skewness of 0.68 and kurtosis of 0.25. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Taiwan Hon'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 Taiwan Hon'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.

Taiwan Hon Fundamentals Vs Peers

Comparing Taiwan Hon'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 Taiwan Hon's direct or indirect competition across all of the common fundamentals between Taiwan Hon and the related equities. This way, we can detect undervalued stocks with similar characteristics as Taiwan Hon or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Taiwan Hon's fundamental indicators could also be used in its relative valuation, which is a method of valuing Taiwan Hon by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Taiwan Hon to competition
FundamentalsTaiwan HonPeer Average
Return On Equity0.16-0.31
Return On Asset0.0517-0.14
Profit Margin0.09 %(1.27) %
Operating Margin0.12 %(5.51) %
Current Valuation36.96 B16.62 B
Shares Outstanding287.79 M571.82 M
Shares Owned By Insiders10.20 %10.09 %
Shares Owned By Institutions18.40 %39.21 %
Price To Earning14.44 X28.72 X
Price To Book1.62 X9.51 X
Price To Sales1.04 X11.42 X
Revenue21.38 B9.43 B
Gross Profit4.91 B27.38 B
EBITDA5.13 B3.9 B
Net Income1.96 B570.98 M
Cash And Equivalents4.18 B2.7 B
Cash Per Share14.53 X5.01 X
Total Debt10.92 B5.32 B
Debt To Equity1.09 %48.70 %
Current Ratio1.16 X2.16 X
Book Value Per Share52.65 X1.93 K
Cash Flow From Operations3.61 B971.22 M
Earnings Per Share7.75 X3.12 X
Target Price97.5
Number Of Employees3718.84 K
Beta0.18-0.15
Market Capitalization26.39 B19.03 B
Total Asset33.54 B29.47 B
Retained Earnings4.83 B9.33 B
Working Capital(598 M)1.48 B
Current Asset8.16 B9.34 B
Current Liabilities8.76 B7.9 B
Z Score1.28.72

Taiwan Hon Market Momentum

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

When is the right time to buy or sell Taiwan Hon Chuan? Buying financial instruments such as Taiwan 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 Taiwan Hon 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 Baby Boomer Prospects Thematic Idea Now

Baby Boomer Prospects
Baby Boomer Prospects Theme
Equities with large market capitalization that account for significant contribution to overall economic growth especially within dividend-paying instruments and stocks from healthcare and financial sectors. The Baby Boomer Prospects theme has 98 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 Baby Boomer Prospects Theme or any other thematic opportunities.
View All  Next Launch
Check out Taiwan Hon 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 Commodity Directory module to find actively traded commodities issued by global exchanges.

Complementary Tools for Taiwan Stock analysis

When running Taiwan Hon's price analysis, check to measure Taiwan Hon'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 Taiwan Hon is operating at the current time. Most of Taiwan Hon's value examination focuses on studying past and present price action to predict the probability of Taiwan Hon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taiwan Hon's price. Additionally, you may evaluate how the addition of Taiwan Hon to your portfolios can decrease your overall portfolio volatility.
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Commodity Directory
Find actively traded commodities issued by global exchanges
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Please note, there is a significant difference between Taiwan Hon's value and its price as these two are different measures arrived at by different means. Investors typically determine if Taiwan Hon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Taiwan Hon'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.