China Television (Taiwan) Buy Hold or Sell Recommendation
| 9928 Stock | TWD 18.00 0.05 0.28% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding China Television Co is 'Cautious Hold'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell China Television Co given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for China Television Co, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out China Television 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 China and provide practical buy, sell, or hold advice based on investors' constraints. China Television 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 board of governors.
China |
Execute China Television Buy or Sell Advice
The China recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on China Television Co. Macroaxis does not own or have any residual interests in China Television Co or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute China Television's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
China Television Trading Alerts and Improvement Suggestions
| China Television generated a negative expected return over the last 90 days | |
| China Television has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| China Television Co has accumulated 750 M in total debt with debt to equity ratio (D/E) of 472.7, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. China Television has a current ratio of 0.17, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist China Television until it has trouble settling it off, either with new capital or with free cash flow. So, China Television's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like China Television sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for China to invest in growth at high rates of return. When we think about China Television's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 815.32 M. Net Loss for the year was (27.96 M) with profit before overhead, payroll, taxes, and interest of 64.97 M. | |
| About 80.0% of China Television shares are owned by insiders or employees |
China Television Returns Distribution Density
The distribution of China Television's historical returns is an attempt to chart the uncertainty of China Television's future price movements. The chart of the probability distribution of China Television daily returns describes the distribution of returns around its average expected value. We use China Television Co price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of China Television returns is essential to provide solid investment advice for China Television.
| Mean Return | -0.16 | Value At Risk | -2.05 | Potential Upside | 1.56 | Standard Deviation | 1.42 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of China Television 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.
China Television 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 China Television or Media 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 China Television'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 China 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 | -0.19 | |
β | Beta against Dow Jones | 0.14 | |
σ | Overall volatility | 1.47 | |
Ir | Information ratio | -0.2 |
China Television Volatility Alert
China Television Co exhibits very low volatility with skewness of 0.58 and kurtosis of 6.0. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure China Television'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 China Television'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.China Television Fundamentals Vs Peers
Comparing China Television'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 China Television's direct or indirect competition across all of the common fundamentals between China Television and the related equities. This way, we can detect undervalued stocks with similar characteristics as China Television or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of China Television's fundamental indicators could also be used in its relative valuation, which is a method of valuing China Television by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare China Television to competition |
| Fundamentals | China Television | Peer Average |
| Return On Equity | 0.0078 | -0.31 |
| Return On Asset | -0.0112 | -0.14 |
| Profit Margin | 0 % | (1.27) % |
| Operating Margin | (0.08) % | (5.51) % |
| Current Valuation | 3.42 B | 16.62 B |
| Shares Outstanding | 60.72 M | 571.82 M |
| Shares Owned By Insiders | 80.49 % | 10.09 % |
| Price To Earning | 1.02 X | 28.72 X |
| Price To Book | 2.84 X | 9.51 X |
| Price To Sales | 1.36 X | 11.42 X |
| Revenue | 815.32 M | 9.43 B |
| Gross Profit | 64.97 M | 27.38 B |
| EBITDA | 100.99 M | 3.9 B |
| Net Income | (27.96 M) | 570.98 M |
| Cash And Equivalents | 127.72 M | 2.7 B |
| Cash Per Share | 0.85 X | 5.01 X |
| Total Debt | 750 M | 5.32 B |
| Debt To Equity | 472.70 % | 48.70 % |
| Current Ratio | 0.17 X | 2.16 X |
| Book Value Per Share | 6.90 X | 1.93 K |
| Cash Flow From Operations | 69.58 M | 971.22 M |
| Earnings Per Share | (0.19) X | 3.12 X |
| Number Of Employees | 30 | 18.84 K |
| Beta | 0.62 | -0.15 |
| Market Capitalization | 1.27 B | 19.03 B |
| Total Asset | 3.66 B | 29.47 B |
| Retained Earnings | (686 M) | 9.33 B |
| Working Capital | (2.35 B) | 1.48 B |
| Current Asset | 540 M | 9.34 B |
| Current Liabilities | 2.89 B | 7.9 B |
| Z Score | 0.6 | 8.72 |
| Net Asset | 3.66 B |
China Television Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as China . 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 China Television Buy or Sell Advice
When is the right time to buy or sell China Television Co? Buying financial instruments such as China 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 China Television 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 Energy Funds Thematic Idea Now
Energy Funds
Funds or Etfs investing in energy sector, natural resources, and ecology. The Energy Funds theme has 47 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 Energy Funds Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for China Stock Analysis
When running China Television's price analysis, check to measure China Television'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 China Television is operating at the current time. Most of China Television's value examination focuses on studying past and present price action to predict the probability of China Television's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Television's price. Additionally, you may evaluate how the addition of China Television to your portfolios can decrease your overall portfolio volatility.