Brighten Optix (Taiwan) Buy Hold or Sell Recommendation
| 6747 Stock | TWD 135.50 2.00 1.50% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Brighten Optix is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Brighten Optix given historical horizon and risk tolerance towards Brighten Optix. When Macroaxis issues a 'buy' or 'sell' recommendation for Brighten Optix, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Brighten Optix 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 Brighten and provide practical buy, sell, or hold advice based on investors' constraints. Brighten Optix. 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.
Brighten |
Execute Brighten Optix Buy or Sell Advice
The Brighten recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Brighten Optix. Macroaxis does not own or have any residual interests in Brighten Optix or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Brighten Optix'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 |
Brighten Optix Trading Alerts and Improvement Suggestions
| Brighten Optix generated a negative expected return over the last 90 days | |
| About 68.0% of the company shares are owned by insiders or employees |
Brighten Optix Returns Distribution Density
The distribution of Brighten Optix's historical returns is an attempt to chart the uncertainty of Brighten Optix's future price movements. The chart of the probability distribution of Brighten Optix daily returns describes the distribution of returns around its average expected value. We use Brighten Optix price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Brighten Optix returns is essential to provide solid investment advice for Brighten Optix.
| Mean Return | -0.15 | Value At Risk | -1.77 | Potential Upside | 1.34 | Standard Deviation | 0.92 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Brighten Optix 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.
Brighten Optix 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 Brighten Optix or Healthcare 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 Brighten Optix'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 Brighten 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 | -0.16 | |
β | Beta against Dow Jones | -0.07 | |
σ | Overall volatility | 0.90 | |
Ir | Information ratio | -0.32 |
Brighten Optix Volatility Alert
Brighten Optix exhibits very low volatility with skewness of 0.33 and kurtosis of 0.37. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Brighten Optix'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 Brighten Optix'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.Brighten Optix Fundamentals Vs Peers
Comparing Brighten Optix'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 Brighten Optix's direct or indirect competition across all of the common fundamentals between Brighten Optix and the related equities. This way, we can detect undervalued stocks with similar characteristics as Brighten Optix or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Brighten Optix's fundamental indicators could also be used in its relative valuation, which is a method of valuing Brighten Optix by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Brighten Optix to competition |
| Fundamentals | Brighten Optix | Peer Average |
| Return On Equity | 0.22 | -0.31 |
| Return On Asset | 0.12 | -0.14 |
| Profit Margin | 0.35 % | (1.27) % |
| Operating Margin | 0.35 % | (5.51) % |
| Current Valuation | 4.19 B | 16.62 B |
| Shares Outstanding | 24.19 M | 571.82 M |
| Shares Owned By Insiders | 68.30 % | 10.09 % |
| Shares Owned By Institutions | 9.92 % | 39.21 % |
| Price To Earning | 55.71 X | 28.72 X |
| Price To Book | 3.86 X | 9.51 X |
| Price To Sales | 6.31 X | 11.42 X |
| Revenue | 644.64 M | 9.43 B |
| Gross Profit | 429.04 M | 27.38 B |
| EBITDA | 338.34 M | 3.9 B |
| Net Income | 241.18 M | 570.98 M |
| Cash And Equivalents | 681.19 M | 2.7 B |
| Cash Per Share | 28.16 X | 5.01 X |
| Total Debt | 15.15 M | 5.32 B |
| Debt To Equity | 0.01 % | 48.70 % |
| Current Ratio | 4.80 X | 2.16 X |
| Book Value Per Share | 50.35 X | 1.93 K |
| Cash Flow From Operations | 204.74 M | 971.22 M |
| Earnings Per Share | 10.85 X | 3.12 X |
| Target Price | 255.0 | |
| Number Of Employees | 9 | 18.84 K |
| Beta | 0.37 | -0.15 |
| Market Capitalization | 5.27 B | 19.03 B |
| Total Asset | 1.38 B | 29.47 B |
| Annual Yield | 0.04 % | |
| Net Asset | 1.38 B | |
| Last Dividend Paid | 8.68 |
Brighten Optix Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Brighten . 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 Brighten Optix Buy or Sell Advice
When is the right time to buy or sell Brighten Optix? Buying financial instruments such as Brighten 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 Brighten Optix 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?
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Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Trading theme has 61 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 Trading Theme or any other thematic opportunities.
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Additional Tools for Brighten Stock Analysis
When running Brighten Optix's price analysis, check to measure Brighten Optix'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 Brighten Optix is operating at the current time. Most of Brighten Optix's value examination focuses on studying past and present price action to predict the probability of Brighten Optix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brighten Optix's price. Additionally, you may evaluate how the addition of Brighten Optix to your portfolios can decrease your overall portfolio volatility.