Aurora Optoelectronics (China) Buy Hold or Sell Recommendation
| 600666 Stock | 2.50 0.03 1.19% |
Assuming the 90 days trading horizon and your below-average risk tolerance, our recommendation regarding Aurora Optoelectronics Co is 'Strong Sell'. Macroaxis provides Aurora Optoelectronics buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding 600666 positions.
Check out Aurora Optoelectronics 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 Aurora and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Aurora Optoelectronics Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Aurora |
Execute Aurora Optoelectronics Buy or Sell Advice
The Aurora recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Aurora Optoelectronics Co. Macroaxis does not own or have any residual interests in Aurora Optoelectronics Co or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Aurora Optoelectronics' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Solid | Details | |
Volatility | Dangerous | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | About Average | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Aurora Optoelectronics Trading Alerts and Improvement Suggestions
| Aurora Optoelectronics appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 327.91 M. Net Loss for the year was (675.28 M) with profit before overhead, payroll, taxes, and interest of 36.38 M. | |
| Aurora Optoelectronics generates negative cash flow from operations | |
| About 42.0% of the company shares are owned by insiders or employees |
Aurora Optoelectronics Returns Distribution Density
The distribution of Aurora Optoelectronics' historical returns is an attempt to chart the uncertainty of Aurora Optoelectronics' future price movements. The chart of the probability distribution of Aurora Optoelectronics daily returns describes the distribution of returns around its average expected value. We use Aurora Optoelectronics Co price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Aurora Optoelectronics returns is essential to provide solid investment advice for Aurora Optoelectronics.
| Mean Return | 0.83 | Value At Risk | -6.87 | Potential Upside | 10.20 | Standard Deviation | 4.72 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Aurora Optoelectronics 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.
Aurora Optoelectronics Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Dividends Paid | 74.5M | 41.0M | 7.4M | 30.3M | 34.8M | 33.3M | |
| Capital Expenditures | 11.7M | 2.4M | 3.7M | 7.5M | 453.0M | 475.7M | |
| Net Income | 67.1M | (684.9M) | (483.1M) | 60.7M | (675.3M) | (641.5M) | |
| Change To Inventory | 92.2M | 5.6M | (13.5M) | 84.8M | 44.2M | 27.1M | |
| Net Borrowings | (107.2M) | (8.4M) | (2.6M) | (13.2K) | (11.9K) | (11.3K) | |
| Change To Netincome | 260.6M | 471.3M | 522.5M | (797.6M) | (717.8M) | (681.9M) | |
| Investments | (5M) | 1K | (2M) | (7.6M) | (453.6M) | (430.9M) | |
| Change In Cash | 60.4M | (54.8M) | (11.0M) | 8.9M | 269.0M | 282.5M | |
| Depreciation | 166.1M | 138.1M | 138.8M | 137.7M | 94.0M | 119.4M | |
| End Period Cash Flow | 68.7M | 13.9M | 3.0M | 11.8M | 280.9M | 294.9M | |
| Free Cash Flow | 209.8M | (39.1M) | 23.9M | 9.0M | (796.3M) | (756.5M) | |
| Other Non Cash Items | 131.0M | 134.9M | 137.9M | 135.9M | 6.1M | 5.8M |
Aurora Optoelectronics 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 Aurora Optoelectronics 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 Aurora Optoelectronics' 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 Aurora 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 | 0.84 | |
β | Beta against Dow Jones | -0.15 | |
σ | Overall volatility | 4.83 | |
Ir | Information ratio | 0.15 |
Aurora Optoelectronics Volatility Alert
Aurora Optoelectronics Co shows above-average downside volatility for the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Aurora Optoelectronics' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Aurora Optoelectronics' 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.Aurora Optoelectronics Fundamentals Vs Peers
Comparing Aurora Optoelectronics' 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 Aurora Optoelectronics' direct or indirect competition across all of the common fundamentals between Aurora Optoelectronics and the related equities. This way, we can detect undervalued stocks with similar characteristics as Aurora Optoelectronics or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Aurora Optoelectronics' fundamental indicators could also be used in its relative valuation, which is a method of valuing Aurora Optoelectronics by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Aurora Optoelectronics to competition |
| Fundamentals | Aurora Optoelectronics | Peer Average |
| Return On Equity | -0.42 | -0.31 |
| Return On Asset | -0.12 | -0.14 |
| Profit Margin | (1.41) % | (1.27) % |
| Operating Margin | (0.21) % | (5.51) % |
| Current Valuation | 6.85 B | 16.62 B |
| Shares Outstanding | 2.76 B | 571.82 M |
| Shares Owned By Insiders | 42.00 % | 10.09 % |
| Shares Owned By Institutions | 6.47 % | 39.21 % |
| Price To Book | 7.03 X | 9.51 X |
| Price To Sales | 18.55 X | 11.42 X |
| Revenue | 327.91 M | 9.43 B |
| Gross Profit | 36.38 M | 27.38 B |
| EBITDA | (383.43 M) | 3.9 B |
| Net Income | (675.28 M) | 570.98 M |
| Total Debt | 12.97 M | 5.32 B |
| Book Value Per Share | 0.36 X | 1.93 K |
| Cash Flow From Operations | (343.31 M) | 971.22 M |
| Earnings Per Share | (0.19) X | 3.12 X |
| Number Of Employees | 693 | 18.84 K |
| Beta | 0.14 | -0.15 |
| Market Capitalization | 6.99 B | 19.03 B |
| Total Asset | 2.17 B | 29.47 B |
| Retained Earnings | (2.67 B) | 9.33 B |
| Working Capital | 283.69 M | 1.48 B |
| Net Asset | 2.17 B |
Aurora Optoelectronics Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Aurora . 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 Aurora Optoelectronics Buy or Sell Advice
When is the right time to buy or sell Aurora Optoelectronics Co? Buying financial instruments such as Aurora 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.
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Chemicals
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Other Information on Investing in Aurora Stock
Aurora Optoelectronics financial ratios help investors to determine whether Aurora Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Aurora with respect to the benefits of owning Aurora Optoelectronics security.