Song Shang (Taiwan) Buy Hold or Sell Recommendation
| 6156 Stock | TWD 26.85 1.00 3.59% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Song Shang Electronics is 'Strong Sell'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Song Shang Electronics given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Song Shang Electronics, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Song Shang 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 Song and provide practical buy, sell, or hold advice based on investors' constraints. Song Shang Electronics. 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.
Song |
Execute Song Shang Buy or Sell Advice
The Song recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Song Shang Electronics. Macroaxis does not own or have any residual interests in Song Shang Electronics or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Song Shang's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Not too volatile | 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 |
Song Shang Trading Alerts and Improvement Suggestions
| Song Shang generated a negative expected return over the last 90 days | |
| Song Shang has high historical volatility and very poor performance | |
| About 31.0% of the company shares are owned by insiders or employees |
Song Shang Returns Distribution Density
The distribution of Song Shang's historical returns is an attempt to chart the uncertainty of Song Shang's future price movements. The chart of the probability distribution of Song Shang daily returns describes the distribution of returns around its average expected value. We use Song Shang Electronics price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Song Shang returns is essential to provide solid investment advice for Song Shang.
| Mean Return | -0.01 | Value At Risk | -6.39 | Potential Upside | 8.86 | Standard Deviation | 3.91 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Song Shang 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.
Song Shang 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 Song Shang or Technology 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 Song Shang'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 Song 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 | -0.02 | |
β | Beta against Dow Jones | -0.01 | |
σ | Overall volatility | 3.99 | |
Ir | Information ratio | -0.03 |
Song Shang Volatility Alert
Song Shang Electronics exhibits very low volatility with skewness of 0.15 and kurtosis of 1.91. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Song Shang'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 Song Shang'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.Song Shang Fundamentals Vs Peers
Comparing Song Shang'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 Song Shang's direct or indirect competition across all of the common fundamentals between Song Shang and the related equities. This way, we can detect undervalued stocks with similar characteristics as Song Shang or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Song Shang's fundamental indicators could also be used in its relative valuation, which is a method of valuing Song Shang by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Song Shang to competition |
| Fundamentals | Song Shang | Peer Average |
| Return On Equity | 0.12 | -0.31 |
| Return On Asset | 0.0113 | -0.14 |
| Profit Margin | 0.04 % | (1.27) % |
| Operating Margin | 0.02 % | (5.51) % |
| Current Valuation | 1.62 B | 16.62 B |
| Shares Outstanding | 78.03 M | 571.82 M |
| Shares Owned By Insiders | 30.52 % | 10.09 % |
| Price To Earning | 7.41 X | 28.72 X |
| Price To Book | 1.11 X | 9.51 X |
| Price To Sales | 0.35 X | 11.42 X |
| Revenue | 4.69 B | 9.43 B |
| Gross Profit | 501.2 M | 27.38 B |
| EBITDA | 294.67 M | 3.9 B |
| Net Income | 104.07 M | 570.98 M |
| Cash And Equivalents | 1.04 B | 2.7 B |
| Cash Per Share | 12.76 X | 5.01 X |
| Total Debt | 167.47 M | 5.32 B |
| Debt To Equity | 36.80 % | 48.70 % |
| Current Ratio | 1.70 X | 2.16 X |
| Book Value Per Share | 18.50 X | 1.93 K |
| Cash Flow From Operations | 170.71 M | 971.22 M |
| Earnings Per Share | 2.23 X | 3.12 X |
| Number Of Employees | 10 | 18.84 K |
| Beta | 1.44 | -0.15 |
| Market Capitalization | 1.5 B | 19.03 B |
| Total Asset | 4.22 B | 29.47 B |
| Z Score | 5.8 | 8.72 |
| Annual Yield | 0.03 % | |
| Net Asset | 4.22 B | |
| Last Dividend Paid | 0.52 |
Song Shang Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Song . 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.
| Accumulation Distribution | 42387.6 | |||
| Daily Balance Of Power | (1.05) | |||
| Rate Of Daily Change | 0.96 | |||
| Day Median Price | 27.28 | |||
| Day Typical Price | 27.13 | |||
| Price Action Indicator | (0.92) | |||
| Period Momentum Indicator | (1.00) |
About Song Shang Buy or Sell Advice
When is the right time to buy or sell Song Shang Electronics? Buying financial instruments such as Song 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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Additional Tools for Song Stock Analysis
When running Song Shang's price analysis, check to measure Song Shang'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 Song Shang is operating at the current time. Most of Song Shang's value examination focuses on studying past and present price action to predict the probability of Song Shang's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Song Shang's price. Additionally, you may evaluate how the addition of Song Shang to your portfolios can decrease your overall portfolio volatility.