Firetrade Engineering (Thailand) Buy Hold or Sell Recommendation
| FTE Stock | THB 1.70 0.02 1.19% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Firetrade Engineering Public is 'Strong Sell'. Macroaxis provides Firetrade Engineering buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding FTE positions. The advice algorithm takes into account all of Firetrade Engineering's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Firetrade Engineering's buy or sell advice are summarized below:
Real Value 1.4 | Hype Value 1.68 | Market Value 1.7 | Naive Value 1.69 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Firetrade Engineering Public given historical horizon and risk tolerance towards Firetrade Engineering. When Macroaxis issues a 'buy' or 'sell' recommendation for Firetrade Engineering Public, the advice is generated through an automated system that utilizes algorithms and statistical models.
Firetrade |
Execute Firetrade Engineering Buy or Sell Advice
The Firetrade recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Firetrade Engineering Public. Macroaxis does not own or have any residual interests in Firetrade Engineering Public or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Firetrade Engineering's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Modest | Details | |
Volatility | Relatively risky | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost neglects market trends | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Firetrade Engineering Trading Alerts and Improvement Suggestions
| Firetrade Engineering may become a speculative penny stock | |
| Firetrade Engineering Public has accumulated about 34.15 M in cash with (4.46 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06. | |
| Roughly 73.0% of the company shares are held by company insiders |
Firetrade Engineering Returns Distribution Density
The distribution of Firetrade Engineering's historical returns is an attempt to chart the uncertainty of Firetrade Engineering's future price movements. The chart of the probability distribution of Firetrade Engineering daily returns describes the distribution of returns around its average expected value. We use Firetrade Engineering Public price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Firetrade Engineering returns is essential to provide solid investment advice for Firetrade Engineering.
| Mean Return | 0.05 | Value At Risk | -1.84 | Potential Upside | 1.27 | Standard Deviation | 1.19 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Firetrade Engineering 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.
Firetrade Engineering 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 Firetrade Engineering or Machinery 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 Firetrade Engineering'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 Firetrade 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 | 0.07 | |
β | Beta against NYSE Composite | -0.29 | |
σ | Overall volatility | 1.16 | |
Ir | Information ratio | -0.04 |
Firetrade Engineering Volatility Alert
Firetrade Engineering Public has relatively low volatility with skewness of 0.65 and kurtosis of 3.53. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Firetrade Engineering'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 Firetrade Engineering'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.Firetrade Engineering Fundamentals Vs Peers
Comparing Firetrade Engineering'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 Firetrade Engineering's direct or indirect competition across all of the common fundamentals between Firetrade Engineering and the related equities. This way, we can detect undervalued stocks with similar characteristics as Firetrade Engineering or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Firetrade Engineering's fundamental indicators could also be used in its relative valuation, which is a method of valuing Firetrade Engineering by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Firetrade Engineering to competition |
| Fundamentals | Firetrade Engineering | Peer Average |
| Return On Equity | 0.0618 | -0.31 |
| Return On Asset | 0.0358 | -0.14 |
| Profit Margin | 0.05 % | (1.27) % |
| Operating Margin | 0.07 % | (5.51) % |
| Current Valuation | 1 B | 16.62 B |
| Shares Outstanding | 660 M | 571.82 M |
| Shares Owned By Insiders | 72.85 % | 10.09 % |
| Price To Earning | 18.04 X | 28.72 X |
| Price To Book | 1.18 X | 9.51 X |
| Price To Sales | 0.92 X | 11.42 X |
| Revenue | 1.01 B | 9.43 B |
| Gross Profit | 229.18 M | 27.38 B |
| EBITDA | 75.56 M | 3.9 B |
| Net Income | 44.02 M | 570.98 M |
| Cash And Equivalents | 34.15 M | 2.7 B |
| Cash Per Share | 0.06 X | 5.01 X |
| Total Debt | 107.77 M | 5.32 B |
| Debt To Equity | 0.15 % | 48.70 % |
| Current Ratio | 2.76 X | 2.16 X |
| Book Value Per Share | 1.20 X | 1.93 K |
| Cash Flow From Operations | (4.46 M) | 971.22 M |
| Earnings Per Share | 0.06 X | 3.12 X |
| Price To Earnings To Growth | 31.94 X | 4.89 X |
| Target Price | 2.2 | |
| Number Of Employees | 6 | 18.84 K |
| Beta | 0.55 | -0.15 |
| Market Capitalization | 983.4 M | 19.03 B |
| Total Asset | 1.09 B | 29.47 B |
| Z Score | 5.4 | 8.72 |
| Annual Yield | 0.02 % | |
| Net Asset | 1.09 B | |
| Last Dividend Paid | 0.035 |
Firetrade Engineering Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Firetrade . 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 Firetrade Engineering Buy or Sell Advice
When is the right time to buy or sell Firetrade Engineering Public? Buying financial instruments such as Firetrade 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 Firetrade Engineering 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?
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Food Products
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Food Products 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 Food Products Theme or any other thematic opportunities.
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Check out Firetrade Engineering 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. Note that the Firetrade Engineering information on this page should be used as a complementary analysis to other Firetrade Engineering's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Complementary Tools for Firetrade Stock analysis
When running Firetrade Engineering's price analysis, check to measure Firetrade Engineering'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 Firetrade Engineering is operating at the current time. Most of Firetrade Engineering's value examination focuses on studying past and present price action to predict the probability of Firetrade Engineering's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Firetrade Engineering's price. Additionally, you may evaluate how the addition of Firetrade Engineering to your portfolios can decrease your overall portfolio volatility.
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