Ase Industrial Holding Stock Buy Hold or Sell Recommendation
| ASX Stock | USD 10.05 0.30 2.90% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding ASE Industrial Holding is 'Buy'. Macroaxis provides ASE Industrial buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ASX positions. The advice algorithm takes into account all of ASE Industrial's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting ASE Industrial's buy or sell advice are summarized below:
Real Value 8.97 | Target Price 7.77 | Hype Value 10.11 | Market Value 10.05 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell ASE Industrial Holding given historical horizon and risk tolerance towards ASE Industrial. When Macroaxis issues a 'buy' or 'sell' recommendation for ASE Industrial Holding, the advice is generated through an automated system that utilizes algorithms and statistical models.
ASE |
Execute ASE Industrial Buy or Sell Advice
The ASE recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on ASE Industrial Holding. Macroaxis does not own or have any residual interests in ASE Industrial Holding or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute ASE Industrial's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Buy
Market Performance | Insignificant | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Actively responds to the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
ASE Industrial Trading Alerts and Improvement Suggestions
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ASE Industrial Returns Distribution Density
The distribution of ASE Industrial's historical returns is an attempt to chart the uncertainty of ASE Industrial's future price movements. The chart of the probability distribution of ASE Industrial daily returns describes the distribution of returns around its average expected value. We use ASE Industrial Holding price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of ASE Industrial returns is essential to provide solid investment advice for ASE Industrial.
| Mean Return | 0.26 | Value At Risk | -2.64 | Potential Upside | 3.97 | Standard Deviation | 2.29 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of ASE Industrial 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.
ASE Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as ASE Industrial is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading ASE Industrial Holding backward and forwards among themselves. ASE Industrial's institutional investor refers to the entity that pools money to purchase ASE Industrial's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Rafferty Asset Management, Llc | 2023-12-31 | 3.9 M | Cullen Capital Management, Llc | 2023-12-31 | 2.9 M | Envestnet Asset Management Inc | 2023-12-31 | 2.7 M | Grantham, Mayo, Van Otterloo & Co., Llc | 2023-12-31 | 2.6 M | Natixis Advisors, Llc. | 2023-12-31 | 2.4 M | Barclays Plc | 2023-12-31 | 2.4 M | Sei Investments Co | 2023-12-31 | 1.9 M | American Century Companies Inc | 2023-12-31 | 1.7 M | Crossmark Global Holdings, Inc. | 2023-12-31 | 1.7 M | Lazard Asset Management Llc | 2023-12-31 | 20.7 M | Fisher Asset Management, Llc | 2023-12-31 | 17.3 M |
ASE Industrial Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 1.4B | (13.6B) | (23.3B) | (21.7B) | 25.4B | 26.7B | |
| Change In Cash | 8.6B | (8.6B) | 24.5B | (18.0B) | 9.2B | 9.7B | |
| Free Cash Flow | 15.9B | 17.4B | 12.4B | 39.1B | 51.1B | 53.6B | |
| Depreciation | 50.5B | 51.3B | 54.5B | 55.5B | 57.0B | 29.4B | |
| Other Non Cash Items | (1.5B) | (11.9B) | (53.2B) | (9.6B) | (2.1B) | (2.2B) | |
| Capital Expenditures | 56.4B | 57.6B | 69.3B | 71.9B | 54.9B | 34.0B | |
| Net Income | 23.4B | 35.7B | 80.3B | 81.6B | 31.7B | 23.1B | |
| End Period Cash Flow | 60.1B | 51.5B | 76.1B | 58.0B | 67.3B | 36.4B | |
| Change To Netincome | (1.3B) | 1.7B | (36.7B) | 11.5B | 10.4B | 10.9B | |
| Dividends Paid | 10.6B | 8.5B | 18.1B | 30.0B | (37.8B) | (35.9B) | |
| Investments | (54.6B) | (60.9B) | (49.1B) | (74.0B) | (65.4B) | (68.7B) | |
| Net Borrowings | 15.1B | (9.1B) | 22.3B | (32.2B) | (29.0B) | (27.6B) |
ASE Industrial 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 ASE Industrial or Semiconductors & Semiconductor Equipment 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 ASE Industrial'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 ASE 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 | 0.12 | |
β | Beta against NYSE Composite | 1.73 | |
σ | Overall volatility | 2.22 | |
Ir | Information ratio | 0.07 |
ASE Industrial Volatility Alert
ASE Industrial Holding has relatively low volatility with skewness of 1.28 and kurtosis of 3.72. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure ASE Industrial'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 ASE Industrial'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.ASE Industrial Fundamentals Vs Peers
Comparing ASE Industrial'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 ASE Industrial's direct or indirect competition across all of the common fundamentals between ASE Industrial and the related equities. This way, we can detect undervalued stocks with similar characteristics as ASE Industrial or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of ASE Industrial's fundamental indicators could also be used in its relative valuation, which is a method of valuing ASE Industrial by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare ASE Industrial to competition |
| Fundamentals | ASE Industrial | Peer Average |
| Return On Equity | 0.11 | -0.31 |
| Return On Asset | 0.0367 | -0.14 |
| Profit Margin | 0.05 % | (1.27) % |
| Operating Margin | 0.07 % | (5.51) % |
| Current Valuation | 172.77 B | 16.62 B |
| Shares Outstanding | 2.16 B | 571.82 M |
| Shares Owned By Institutions | 6.94 % | 39.21 % |
| Number Of Shares Shorted | 11.32 M | 4.71 M |
| Price To Earning | 12.08 X | 28.72 X |
| Price To Book | 2.56 X | 9.51 X |
| Price To Sales | 0.04 X | 11.42 X |
| Revenue | 581.91 B | 9.43 B |
| Gross Profit | 134.93 B | 27.38 B |
| EBITDA | 98.43 B | 3.9 B |
| Net Income | 31.73 B | 570.98 M |
| Cash And Equivalents | 10.4 B | 2.7 B |
| Cash Per Share | 36.85 X | 5.01 X |
| Total Debt | 179.22 B | 5.32 B |
| Debt To Equity | 0.74 % | 48.70 % |
| Current Ratio | 1.18 X | 2.16 X |
| Book Value Per Share | 69.06 X | 1.93 K |
| Cash Flow From Operations | 105.97 B | 971.22 M |
| Short Ratio | 1.41 X | 4.00 X |
| Earnings Per Share | 0.49 X | 3.12 X |
| Price To Earnings To Growth | 1.38 X | 4.89 X |
| Target Price | 10.61 | |
| Number Of Employees | 92.91 K | 18.84 K |
| Beta | 1.09 | -0.15 |
| Market Capitalization | 22.35 B | 19.03 B |
| Total Asset | 666.58 B | 29.47 B |
| Retained Earnings | 95.81 B | 9.33 B |
| Working Capital | 78.11 B | 1.48 B |
| Current Asset | 156.73 B | 9.34 B |
ASE Industrial Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as ASE . 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 ASE Industrial Buy or Sell Advice
When is the right time to buy or sell ASE Industrial Holding? Buying financial instruments such as ASE 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.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 219.8B | 194.6B | 179.2B | 109.0B | Total Assets | 672.9B | 707.1B | 666.6B | 699.9B |
Use Investing Ideas to Build Portfolios
In addition to having ASE Industrial 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 Construction Thematic Idea Now
Construction
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Construction 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 Construction Theme or any other thematic opportunities.
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Check out ASE Industrial 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 Stocks Directory module to find actively traded stocks across global markets.
Complementary Tools for ASE Stock analysis
When running ASE Industrial's price analysis, check to measure ASE Industrial'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 ASE Industrial is operating at the current time. Most of ASE Industrial's value examination focuses on studying past and present price action to predict the probability of ASE Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ASE Industrial's price. Additionally, you may evaluate how the addition of ASE Industrial to your portfolios can decrease your overall portfolio volatility.
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Is ASE Industrial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ASE Industrial. If investors know ASE will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ASE Industrial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.41) | Earnings Share 0.49 | Revenue Per Share 270.918 | Quarterly Revenue Growth (0.1) | Return On Assets 0.0367 |
The market value of ASE Industrial Holding is measured differently than its book value, which is the value of ASE that is recorded on the company's balance sheet. Investors also form their own opinion of ASE Industrial's value that differs from its market value or its book value, called intrinsic value, which is ASE Industrial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ASE Industrial's market value can be influenced by many factors that don't directly affect ASE Industrial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ASE Industrial's value and its price as these two are different measures arrived at by different means. Investors typically determine if ASE Industrial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ASE Industrial'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.