Chang Type (Taiwan) Buy Hold or Sell Recommendation
| 1541 Stock | TWD 27.20 0.20 0.73% |
Assuming the 90 days trading horizon and your way above-average risk tolerance, our recommendation regarding Chang Type Industrial is 'Strong Sell'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Chang Type Industrial given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Chang Type Industrial, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Chang Type 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, we conduct extensive research on individual companies such as Chang and provide practical buy, sell, or hold advice based on investors' constraints. Chang Type Industrial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Chang |
Execute Chang Type Buy or Sell Advice
The Chang recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Chang Type Industrial. Macroaxis does not own or have any residual interests in Chang Type Industrial or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Chang Type's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Chang Type Trading Alerts and Improvement Suggestions
| Chang Type generated a negative expected return over the last 90 days | |
| Chang Type has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Chang Type Industrial has accumulated about 151.23 M in cash with (635.6 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.92. | |
| Roughly 82.0% of the company shares are owned by insiders or employees |
Chang Type Returns Distribution Density
The distribution of Chang Type's historical returns is an attempt to chart the uncertainty of Chang Type's future price movements. The chart of the probability distribution of Chang Type daily returns describes the distribution of returns around its average expected value. We use Chang Type Industrial price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Chang Type returns is essential to provide solid investment advice for Chang Type.
| Mean Return | -0.32 | Value At Risk | -2.85 | Potential Upside | 1.28 | Standard Deviation | 1.43 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Chang Type 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.
Chang Type 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 Chang Type or Household Durables 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 Chang Type'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 Chang 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 Dow Jones | -0.32 | |
β | Beta against Dow Jones | -0.18 | |
σ | Overall volatility | 1.26 | |
Ir | Information ratio | -0.24 |
Chang Type Volatility Alert
Chang Type Industrial exhibits very low volatility with skewness of -0.23 and kurtosis of 4.42. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Chang Type'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 Chang Type'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.Chang Type Fundamentals Vs Peers
Comparing Chang Type'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 Chang Type's direct or indirect competition across all of the common fundamentals between Chang Type and the related equities. This way, we can detect undervalued stocks with similar characteristics as Chang Type or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Chang Type's fundamental indicators could also be used in its relative valuation, which is a method of valuing Chang Type by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Chang Type to competition |
| Fundamentals | Chang Type | Peer Average |
| Return On Equity | 0.26 | -0.31 |
| Return On Asset | 0.0285 | -0.14 |
| Profit Margin | 0.09 % | (1.27) % |
| Operating Margin | 0.04 % | (5.51) % |
| Current Valuation | 3.85 B | 16.62 B |
| Shares Outstanding | 78.8 M | 571.82 M |
| Shares Owned By Insiders | 81.62 % | 10.09 % |
| Price To Earning | 26.32 X | 28.72 X |
| Price To Book | 1.36 X | 9.51 X |
| Price To Sales | 0.52 X | 11.42 X |
| Revenue | 6.2 B | 9.43 B |
| Gross Profit | 781.13 M | 27.38 B |
| EBITDA | 459.01 M | 3.9 B |
| Net Income | 299.26 M | 570.98 M |
| Cash And Equivalents | 151.23 M | 2.7 B |
| Cash Per Share | 1.92 X | 5.01 X |
| Total Debt | 999.75 M | 5.32 B |
| Debt To Equity | 88.50 % | 48.70 % |
| Current Ratio | 1.19 X | 2.16 X |
| Book Value Per Share | 25.26 X | 1.93 K |
| Cash Flow From Operations | (635.6 M) | 971.22 M |
| Earnings Per Share | 5.95 X | 3.12 X |
| Number Of Employees | 503 | 18.84 K |
| Beta | 0.77 | -0.15 |
| Market Capitalization | 2.65 B | 19.03 B |
| Total Asset | 5.2 B | 29.47 B |
| Retained Earnings | 371 M | 9.33 B |
| Working Capital | 447 M | 1.48 B |
| Current Asset | 1.78 B | 9.34 B |
| Current Liabilities | 1.34 B | 7.9 B |
| Z Score | 2.2 | 8.72 |
| Annual Yield | 0.07 % | |
| Net Asset | 5.2 B |
Chang Type Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Chang . 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 Chang Type Buy or Sell Advice
When is the right time to buy or sell Chang Type Industrial? Buying financial instruments such as Chang 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 Chang Type 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 Mid Cap ETFs Thematic Idea Now
Mid Cap ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Mid Cap ETFs theme has 70 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 Mid Cap ETFs Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for Chang Stock Analysis
When running Chang Type's price analysis, check to measure Chang Type'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 Chang Type is operating at the current time. Most of Chang Type's value examination focuses on studying past and present price action to predict the probability of Chang Type's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chang Type's price. Additionally, you may evaluate how the addition of Chang Type to your portfolios can decrease your overall portfolio volatility.