Formosa Plastics (Taiwan) Buy Hold or Sell Recommendation
| 1301 Stock | TWD 43.95 0.15 0.34% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Formosa Plastics Corp is 'Cautious Hold'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Formosa Plastics Corp given historical horizon and risk tolerance towards Formosa Plastics. When Macroaxis issues a 'buy' or 'sell' recommendation for Formosa Plastics Corp, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Formosa Plastics 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 Formosa and provide practical buy, sell, or hold advice based on investors' constraints. Formosa Plastics Corp. 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.
Formosa |
Execute Formosa Plastics Buy or Sell Advice
The Formosa recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Formosa Plastics Corp. Macroaxis does not own or have any residual interests in Formosa Plastics Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Formosa Plastics' 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 | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Formosa Plastics Trading Alerts and Improvement Suggestions
| Formosa Plastics generated a negative expected return over the last 90 days | |
| About 33.0% of the company shares are owned by insiders or employees |
Formosa Plastics Returns Distribution Density
The distribution of Formosa Plastics' historical returns is an attempt to chart the uncertainty of Formosa Plastics' future price movements. The chart of the probability distribution of Formosa Plastics daily returns describes the distribution of returns around its average expected value. We use Formosa Plastics Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Formosa Plastics returns is essential to provide solid investment advice for Formosa Plastics.
| Mean Return | -0.23 | Value At Risk | -3.23 | Potential Upside | 4.33 | Standard Deviation | 2.16 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Formosa Plastics 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.
Formosa Plastics 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 Formosa Plastics or Chemicals 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 Formosa Plastics' 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 Formosa 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 | -0.27 | |
β | Beta against Dow Jones | 0.24 | |
σ | Overall volatility | 2.20 | |
Ir | Information ratio | -0.17 |
Formosa Plastics Volatility Alert
Formosa Plastics Corp exhibits very low volatility with skewness of 0.91 and kurtosis of 2.07. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Formosa Plastics' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Formosa Plastics' 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.Formosa Plastics Fundamentals Vs Peers
Comparing Formosa Plastics' 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 Formosa Plastics' direct or indirect competition across all of the common fundamentals between Formosa Plastics and the related equities. This way, we can detect undervalued stocks with similar characteristics as Formosa Plastics or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Formosa Plastics' fundamental indicators could also be used in its relative valuation, which is a method of valuing Formosa Plastics by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Formosa Plastics to competition |
| Fundamentals | Formosa Plastics | Peer Average |
| Return On Equity | 0.16 | -0.31 |
| Return On Asset | 0.054 | -0.14 |
| Profit Margin | 0.22 % | (1.27) % |
| Operating Margin | 0.16 % | (5.51) % |
| Current Valuation | 530.86 B | 16.62 B |
| Shares Outstanding | 6.37 B | 571.82 M |
| Shares Owned By Insiders | 33.46 % | 10.09 % |
| Shares Owned By Institutions | 12.59 % | 39.21 % |
| Price To Earning | 14.96 X | 28.72 X |
| Price To Book | 1.51 X | 9.51 X |
| Price To Sales | 2.03 X | 11.42 X |
| Revenue | 273.6 B | 9.43 B |
| Gross Profit | 76.16 B | 27.38 B |
| EBITDA | 95.09 B | 3.9 B |
| Net Income | 71.36 B | 570.98 M |
| Cash And Equivalents | 128.37 B | 2.7 B |
| Cash Per Share | 20.17 X | 5.01 X |
| Total Debt | 40.3 B | 5.32 B |
| Debt To Equity | 24.60 % | 48.70 % |
| Current Ratio | 2.08 X | 2.16 X |
| Book Value Per Share | 57.90 X | 1.93 K |
| Cash Flow From Operations | 57.86 B | 971.22 M |
| Earnings Per Share | 9.49 X | 3.12 X |
| Price To Earnings To Growth | 4.24 X | 4.89 X |
| Target Price | 94.77 | |
| Number Of Employees | 56 | 18.84 K |
| Beta | 0.57 | -0.15 |
| Market Capitalization | 576.74 B | 19.03 B |
| Total Asset | 543.68 B | 29.47 B |
| Retained Earnings | 153.36 B | 9.33 B |
| Working Capital | 95.57 B | 1.48 B |
| Current Asset | 162.99 B | 9.34 B |
| Current Liabilities | 67.42 B | 7.9 B |
Formosa Plastics Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Formosa . 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 Formosa Plastics Buy or Sell Advice
When is the right time to buy or sell Formosa Plastics Corp? Buying financial instruments such as Formosa 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 Formosa Plastics 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 SRI Sustainable Growth Thematic Idea Now
SRI Sustainable Growth
Socially responsible investments that include companies making a positive, sustainable or social impact and exclude those making a negative impact. The SRI Sustainable Growth 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 SRI Sustainable Growth Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for Formosa Stock Analysis
When running Formosa Plastics' price analysis, check to measure Formosa Plastics' 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 Formosa Plastics is operating at the current time. Most of Formosa Plastics' value examination focuses on studying past and present price action to predict the probability of Formosa Plastics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Formosa Plastics' price. Additionally, you may evaluate how the addition of Formosa Plastics to your portfolios can decrease your overall portfolio volatility.