Shinkong Synthetic (Taiwan) Buy Hold or Sell Recommendation
| 1409 Stock | TWD 15.90 0.20 1.27% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Shinkong Synthetic Fiber is 'Cautious Hold'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Shinkong Synthetic Fiber given historical horizon and risk tolerance towards Shinkong Synthetic. When Macroaxis issues a 'buy' or 'sell' recommendation for Shinkong Synthetic Fiber, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Shinkong Synthetic 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 Shinkong and provide practical buy, sell, or hold advice based on investors' constraints. Shinkong Synthetic Fiber. 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.
Shinkong |
Execute Shinkong Synthetic Buy or Sell Advice
The Shinkong recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Shinkong Synthetic Fiber. Macroaxis does not own or have any residual interests in Shinkong Synthetic Fiber or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Shinkong Synthetic'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 | Fairly Valued | 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 |
Shinkong Synthetic Trading Alerts and Improvement Suggestions
| Shinkong Synthetic generated a negative expected return over the last 90 days | |
| Shinkong Synthetic has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Shinkong Synthetic Fiber has accumulated 15.79 B in total debt with debt to equity ratio (D/E) of 88.5, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Shinkong Synthetic Fiber has a current ratio of 0.89, 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 Shinkong Synthetic until it has trouble settling it off, either with new capital or with free cash flow. So, Shinkong Synthetic'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 Shinkong Synthetic Fiber sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Shinkong to invest in growth at high rates of return. When we think about Shinkong Synthetic's use of debt, we should always consider it together with cash and equity. | |
| Shinkong Synthetic Fiber has accumulated about 13.41 B in cash with (2.56 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.32. | |
| Roughly 30.0% of Shinkong Synthetic shares are owned by insiders or employees |
Shinkong Synthetic Returns Distribution Density
The distribution of Shinkong Synthetic's historical returns is an attempt to chart the uncertainty of Shinkong Synthetic's future price movements. The chart of the probability distribution of Shinkong Synthetic daily returns describes the distribution of returns around its average expected value. We use Shinkong Synthetic Fiber price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Shinkong Synthetic returns is essential to provide solid investment advice for Shinkong Synthetic.
| Mean Return | -0.07 | Value At Risk | -1.88 | Potential Upside | 1.63 | Standard Deviation | 1.18 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Shinkong Synthetic 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.
Shinkong Synthetic 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 Shinkong Synthetic 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 Shinkong Synthetic'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 Shinkong 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 | -0.09 | |
β | Beta against Dow Jones | 0.11 | |
σ | Overall volatility | 1.15 | |
Ir | Information ratio | -0.17 |
Shinkong Synthetic Volatility Alert
Shinkong Synthetic Fiber exhibits very low volatility with skewness of -0.5 and kurtosis of 1.41. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Shinkong Synthetic'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 Shinkong Synthetic'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.Shinkong Synthetic Fundamentals Vs Peers
Comparing Shinkong Synthetic'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 Shinkong Synthetic's direct or indirect competition across all of the common fundamentals between Shinkong Synthetic and the related equities. This way, we can detect undervalued stocks with similar characteristics as Shinkong Synthetic or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Shinkong Synthetic's fundamental indicators could also be used in its relative valuation, which is a method of valuing Shinkong Synthetic by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Shinkong Synthetic to competition |
| Fundamentals | Shinkong Synthetic | Peer Average |
| Return On Equity | 0.1 | -0.31 |
| Return On Asset | 0.021 | -0.14 |
| Profit Margin | 0.08 % | (1.27) % |
| Operating Margin | 0.13 % | (5.51) % |
| Current Valuation | 52.93 B | 16.62 B |
| Shares Outstanding | 1.61 B | 571.82 M |
| Shares Owned By Insiders | 30.46 % | 10.09 % |
| Shares Owned By Institutions | 12.70 % | 39.21 % |
| Price To Earning | 8.38 X | 28.72 X |
| Price To Book | 0.82 X | 9.51 X |
| Price To Sales | 0.59 X | 11.42 X |
| Revenue | 44.16 B | 9.43 B |
| Gross Profit | 12.06 B | 27.38 B |
| EBITDA | 8.35 B | 3.9 B |
| Net Income | 3.89 B | 570.98 M |
| Cash And Equivalents | 13.41 B | 2.7 B |
| Cash Per Share | 8.32 X | 5.01 X |
| Total Debt | 15.79 B | 5.32 B |
| Debt To Equity | 88.50 % | 48.70 % |
| Current Ratio | 0.91 X | 2.16 X |
| Book Value Per Share | 21.54 X | 1.93 K |
| Cash Flow From Operations | (2.56 B) | 971.22 M |
| Earnings Per Share | 2.27 X | 3.12 X |
| Number Of Employees | 29 | 18.84 K |
| Beta | 0.71 | -0.15 |
| Market Capitalization | 28.89 B | 19.03 B |
| Total Asset | 196.03 B | 29.47 B |
| Retained Earnings | 6.39 B | 9.33 B |
| Working Capital | (6.98 B) | 1.48 B |
| Current Asset | 77.59 B | 9.34 B |
| Current Liabilities | 84.56 B | 7.9 B |
| Z Score | 0.6 | 8.72 |
| Annual Yield | 0.08 % |
Shinkong Synthetic Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Shinkong . 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 Shinkong Synthetic Buy or Sell Advice
When is the right time to buy or sell Shinkong Synthetic Fiber? Buying financial instruments such as Shinkong 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 Shinkong Synthetic 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 Monster Funds Thematic Idea Now
Monster Funds
Solid funds with above average long term performance indicators based on Macroaxis rating system. The Monster Funds theme has 50 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 Monster Funds Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for Shinkong Stock Analysis
When running Shinkong Synthetic's price analysis, check to measure Shinkong Synthetic'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 Shinkong Synthetic is operating at the current time. Most of Shinkong Synthetic's value examination focuses on studying past and present price action to predict the probability of Shinkong Synthetic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shinkong Synthetic's price. Additionally, you may evaluate how the addition of Shinkong Synthetic to your portfolios can decrease your overall portfolio volatility.