Wave Entertainment (Thailand) Buy Hold or Sell Recommendation

WAVE Stock  THB 0.16  0.01  6.67%   
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Wave Entertainment Public is 'Strong Sell'. Macroaxis provides Wave Entertainment buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding WAVE positions. The advice algorithm takes into account all of Wave Entertainment's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Wave Entertainment's buy or sell advice are summarized below:
Real Value
0.14
Hype Value
0.16
Market Value
0.16
Naive Value
0.15
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Wave Entertainment Public given historical horizon and risk tolerance towards Wave Entertainment. When Macroaxis issues a 'buy' or 'sell' recommendation for Wave Entertainment Public, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Wave Entertainment 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 Wave and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Wave Entertainment Public. 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 Wave Entertainment Buy or Sell Advice

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

Time Horizon

Risk Tolerance

Execute Advice
Sell Wave EntertainmentBuy Wave Entertainment
Strong Sell

Market Performance

Very WeakDetails

Volatility

Out of controlDetails

Hype Condition

StaleDetails

Current Valuation

OvervaluedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Very regressive towards the marketDetails

Analyst Consensus

Not AvailableDetails

Reporting Quality (M-Score)

InapplicableDetails
For the selected time horizon Wave Entertainment Public has a Mean Deviation of 2.2, Semi Deviation of 2.89, Standard Deviation of 3.87, Variance of 14.96, Downside Variance of 45.4 and Semi Variance of 8.33
We provide recommendation to complement the prevalent expert consensus on Wave Entertainment Public. Our dynamic recommendation engine utilizes a multidimensional algorithm to analyze the firm's potential to grow using all technical and fundamental data available at the time. To make sure Wave Entertainment Public is not overpriced, please check out all Wave Entertainment Public fundamentals, including its ebitda, cash and equivalents, and the relationship between the gross profit and net income .

Wave Entertainment Trading Alerts and Improvement Suggestions

Wave Entertainment generated a negative expected return over the last 90 days
Wave Entertainment has some characteristics of a very speculative penny stock
Wave Entertainment has high historical volatility and very poor performance
The company has accumulated 59.42 M in total debt with debt to equity ratio (D/E) of 0.75, which is about average as compared to similar companies. Wave Entertainment Public has a current ratio of 0.47, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Wave Entertainment until it has trouble settling it off, either with new capital or with free cash flow. So, Wave Entertainment's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Wave Entertainment Public sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Wave to invest in growth at high rates of return. When we think about Wave Entertainment's use of debt, we should always consider it together with cash and equity.
The entity reported the revenue of 286.04 M. Net Loss for the year was (692.76 M) with profit before overhead, payroll, taxes, and interest of 71.75 M.
About 31.0% of Wave Entertainment outstanding shares are owned by insiders

Wave Entertainment Returns Distribution Density

The distribution of Wave Entertainment's historical returns is an attempt to chart the uncertainty of Wave Entertainment's future price movements. The chart of the probability distribution of Wave Entertainment daily returns describes the distribution of returns around its average expected value. We use Wave Entertainment Public price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Wave Entertainment returns is essential to provide solid investment advice for Wave Entertainment.
Mean Return
0.07
Value At Risk
-5.88
Potential Upside
6.25
Standard Deviation
3.87
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Wave Entertainment 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.

Wave Entertainment 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 Wave Entertainment or Entertainment 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 Wave Entertainment'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 Wave 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
0.29
β
Beta against NYSE Composite-1.83
σ
Overall volatility
3.91
Ir
Information ratio -0.02

Wave Entertainment Volatility Alert

Wave Entertainment Public shows above-average downside volatility for the selected time horizon. Wave Entertainment Public is a potential penny stock. Although Wave Entertainment may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Wave Entertainment Public. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Wave instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.

Wave Entertainment Fundamentals Vs Peers

Comparing Wave Entertainment'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 Wave Entertainment's direct or indirect competition across all of the common fundamentals between Wave Entertainment and the related equities. This way, we can detect undervalued stocks with similar characteristics as Wave Entertainment or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Wave Entertainment's fundamental indicators could also be used in its relative valuation, which is a method of valuing Wave Entertainment by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Wave Entertainment to competition
FundamentalsWave EntertainmentPeer Average
Return On Equity-1.84-0.31
Return On Asset-0.0949-0.14
Profit Margin(2.75) %(1.27) %
Operating Margin(0.71) %(5.51) %
Current Valuation1.11 B16.62 B
Shares Outstanding8.64 B571.82 M
Shares Owned By Insiders30.90 %10.09 %
Shares Owned By Institutions4.31 %39.21 %
Price To Earning(18.80) X28.72 X
Price To Book10.31 X9.51 X
Price To Sales4.15 X11.42 X
Revenue286.04 M9.43 B
Gross Profit71.75 M27.38 B
EBITDA(480.39 M)3.9 B
Net Income(692.76 M)570.98 M
Cash And Equivalents76.36 M2.7 B
Cash Per Share0.10 X5.01 X
Total Debt59.42 M5.32 B
Debt To Equity0.75 %48.70 %
Current Ratio0.48 X2.16 X
Book Value Per Share0.14 X1.93 K
Cash Flow From Operations76.39 M971.22 M
Earnings Per Share(0.87) X3.12 X
Number Of Employees2618.84 K
Beta1.29-0.15
Market Capitalization2.07 B19.03 B
Total Asset877.23 M29.47 B
Retained Earnings320 M9.33 B
Working Capital(644 M)1.48 B
Current Asset1.13 B9.34 B
Current Liabilities1.77 B7.9 B
Z Score20.48.72
Net Asset877.23 M

Wave Entertainment Market Momentum

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

When is the right time to buy or sell Wave Entertainment Public? Buying financial instruments such as Wave 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 Wave Entertainment 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 Furniture Thematic Idea Now

Furniture
Furniture Theme
Companies producing and selling home and office furniture. The Furniture theme has 48 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 Furniture Theme or any other thematic opportunities.
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Check out Wave Entertainment 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 CEOs Directory module to screen CEOs from public companies around the world.

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