Ziga Innovation (Thailand) Buy Hold or Sell Recommendation

ZIGA Stock  THB 2.82  0.04  1.40%   
Assuming the 90 days trading horizon and your slightly conservative level of risk, our recommendation regarding Ziga Innovation Public is 'Not Rated'. Macroaxis provides Ziga Innovation buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ZIGA positions. The advice algorithm takes into account all of Ziga Innovation's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Ziga Innovation's buy or sell advice are summarized below:
Real Value
0.0
Hype Value
0.0
Market Value
2.82
Naive Value
2.79
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Ziga Innovation Public given historical horizon and risk tolerance towards Ziga Innovation. When Macroaxis issues a 'buy' or 'sell' recommendation for Ziga Innovation Public, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Ziga Innovation 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 Ziga and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Ziga Innovation 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 Ziga Innovation Buy or Sell Advice

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

Time Horizon

Risk Tolerance

Execute Advice
Sell Ziga InnovationBuy Ziga Innovation
Strong Sell

Market Performance

Very WeakDetails

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 Ziga Innovation Public has a Mean Deviation of 2.76, Standard Deviation of 3.48 and Variance of 12.11
We provide recommendation to complement the prevalent expert consensus on Ziga Innovation 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 Ziga Innovation Public is not overpriced, please check out all Ziga Innovation Public fundamentals, including its price to earning, price to sales, and the relationship between the shares owned by institutions and price to book .

Ziga Innovation Trading Alerts and Improvement Suggestions

Ziga Innovation generated a negative expected return over the last 90 days
Ziga Innovation has high historical volatility and very poor performance
Ziga Innovation Public has accumulated about 138.63 M in cash with (55.38 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.27.
Roughly 47.0% of the company outstanding shares are owned by insiders

Ziga Innovation Returns Distribution Density

The distribution of Ziga Innovation's historical returns is an attempt to chart the uncertainty of Ziga Innovation's future price movements. The chart of the probability distribution of Ziga Innovation daily returns describes the distribution of returns around its average expected value. We use Ziga Innovation Public price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Ziga Innovation returns is essential to provide solid investment advice for Ziga Innovation.
Mean Return
-0.28
Value At Risk
-5.56
Potential Upside
7.48
Standard Deviation
3.48
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Ziga Innovation 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.

Ziga Innovation 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 Ziga Innovation or Industrials 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 Ziga Innovation'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 Ziga 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-0.0071
σ
Overall volatility
3.48
Ir
Information ratio -0.12

Ziga Innovation Volatility Alert

Ziga Innovation Public exhibits very low volatility with skewness of 0.65 and kurtosis of 0.19. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Ziga Innovation'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 Ziga Innovation'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.

Ziga Innovation Fundamentals Vs Peers

Comparing Ziga Innovation'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 Ziga Innovation's direct or indirect competition across all of the common fundamentals between Ziga Innovation and the related equities. This way, we can detect undervalued stocks with similar characteristics as Ziga Innovation or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Ziga Innovation's fundamental indicators could also be used in its relative valuation, which is a method of valuing Ziga Innovation by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Ziga Innovation to competition
FundamentalsZiga InnovationPeer Average
Return On Equity-0.0562-0.31
Return On Asset-0.011-0.14
Profit Margin(0.05) %(1.27) %
Operating Margin(0.03) %(5.51) %
Current Valuation2.96 B16.62 B
Shares Outstanding706.26 M571.82 M
Shares Owned By Insiders47.29 %10.09 %
Shares Owned By Institutions0.01 %39.21 %
Price To Earning26.35 X28.72 X
Price To Book2.54 X9.51 X
Price To Sales2.04 X11.42 X
Revenue1.14 B9.43 B
Gross Profit285.83 M27.38 B
EBITDA292.37 M3.9 B
Net Income204.23 M570.98 M
Cash And Equivalents138.63 M2.7 B
Cash Per Share0.27 X5.01 X
Total Debt141.25 M5.32 B
Debt To Equity41.40 %48.70 %
Current Ratio1.63 X2.16 X
Book Value Per Share1.42 X1.93 K
Cash Flow From Operations(55.38 M)971.22 M
Earnings Per Share0.18 X3.12 X
Number Of Employees518.84 K
Beta0.49-0.15
Market Capitalization2.51 B19.03 B
Total Asset1.81 B29.47 B
Z Score10.28.72
Annual Yield0.06 %
Net Asset1.81 B

Ziga Innovation Market Momentum

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

When is the right time to buy or sell Ziga Innovation Public? Buying financial instruments such as Ziga 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 Ziga Innovation 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 Corona Opportunity Thematic Idea Now

Corona Opportunity
Corona Opportunity Theme
Firms that are involved in some capacity in making products or providing services to the public to buttle the virus directly or indirectly. This also includes some defencive and contrarian stocks and ETFs that are managing to avoid the big market correction coused by coronavirus. The Corona Opportunity theme has 46 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 Corona Opportunity Theme or any other thematic opportunities.
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Check out Ziga Innovation 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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

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