Wafer Works (Taiwan) Buy Hold or Sell Recommendation

6182 Stock  TWD 29.80  0.55  1.88%   
Assuming the 90 days trading horizon and your typical level of risk aversion, our recommendation regarding Wafer Works is 'Hold'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Wafer Works given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Wafer Works, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Wafer Works 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 Wafer and provide practical buy, sell, or hold advice based on investors' constraints. Wafer Works. 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.

Execute Wafer Works Buy or Sell Advice

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

Time Horizon

Risk Tolerance

Execute Advice
Sell Wafer WorksBuy Wafer Works
Hold

Market Performance

Very WeakDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Follows the market closelyDetails

Analyst Consensus

Not AvailableDetails

Reporting Quality (M-Score)

InapplicableDetails
For the selected time horizon Wafer Works has a Risk Adjusted Performance of (0.09), Jensen Alpha of (0.33), Total Risk Alpha of (0.54) and Treynor Ratio of (0.28)
Our trade advice module complements current analysts and expert consensus on Wafer Works. It analyzes the entity potential to grow using all fundamental, technical, and market related data available at the time. To make sure Wafer Works is not overpriced, please check out all Wafer Works fundamentals, including its operating margin, shares outstanding, and the relationship between the profit margin and current valuation .

Wafer Works Trading Alerts and Improvement Suggestions

Wafer Works generated a negative expected return over the last 90 days

Wafer Works Returns Distribution Density

The distribution of Wafer Works' historical returns is an attempt to chart the uncertainty of Wafer Works' future price movements. The chart of the probability distribution of Wafer Works daily returns describes the distribution of returns around its average expected value. We use Wafer Works price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Wafer Works returns is essential to provide solid investment advice for Wafer Works.
Mean Return
-0.22
Value At Risk
-2.81
Potential Upside
2.42
Standard Deviation
1.72
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Wafer Works 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.

Wafer Works 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 Wafer Works or Semiconductors & Semiconductor Equipment 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 Wafer Works' 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 Wafer 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
-0.33
β
Beta against Dow Jones0.80
σ
Overall volatility
1.63
Ir
Information ratio -0.21

Wafer Works Volatility Alert

Wafer Works exhibits very low volatility with skewness of 0.01 and kurtosis of 1.67. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Wafer Works' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Wafer Works' 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.

Wafer Works Fundamentals Vs Peers

Comparing Wafer Works' 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 Wafer Works' direct or indirect competition across all of the common fundamentals between Wafer Works and the related equities. This way, we can detect undervalued stocks with similar characteristics as Wafer Works or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Wafer Works' fundamental indicators could also be used in its relative valuation, which is a method of valuing Wafer Works by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Wafer Works to competition
FundamentalsWafer WorksPeer Average
Return On Equity0.18-0.31
Return On Asset0.0732-0.14
Profit Margin0.17 %(1.27) %
Operating Margin0.25 %(5.51) %
Current Valuation25.32 B16.62 B
Shares Outstanding540.9 M571.82 M
Shares Owned By Insiders5.30 %10.09 %
Shares Owned By Institutions9.98 %39.21 %
Price To Book1.94 X9.51 X
Price To Sales1.89 X11.42 X
Revenue10.34 B9.43 B
Gross Profit3.62 B27.38 B
EBITDA3.41 B3.9 B
Net Income1.05 B570.98 M
Total Debt4.45 B5.32 B
Book Value Per Share23.14 X1.93 K
Cash Flow From Operations2.68 B971.22 M
Earnings Per Share3.83 X3.12 X
Target Price49.0
Number Of Employees3418.84 K
Beta1.48-0.15
Market Capitalization24.42 B19.03 B
Total Asset27.36 B29.47 B
Z Score3.08.72
Annual Yield0.03 %
Net Asset27.36 B
Last Dividend Paid1.35

Wafer Works Market Momentum

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

When is the right time to buy or sell Wafer Works? Buying financial instruments such as Wafer 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 Wafer Stock Analysis

When running Wafer Works' price analysis, check to measure Wafer Works' 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 Wafer Works is operating at the current time. Most of Wafer Works' value examination focuses on studying past and present price action to predict the probability of Wafer Works' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wafer Works' price. Additionally, you may evaluate how the addition of Wafer Works to your portfolios can decrease your overall portfolio volatility.