Tex Ray (Taiwan) Buy Hold or Sell Recommendation
| 1467 Stock | TWD 11.30 0.05 0.44% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Tex Ray Industrial Co is 'Strong Hold'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Tex Ray Industrial Co given historical horizon and risk tolerance towards Tex Ray. When Macroaxis issues a 'buy' or 'sell' recommendation for Tex Ray Industrial Co, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Tex Ray 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 Tex and provide practical buy, sell, or hold advice based on investors' constraints. Tex Ray Industrial 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.
Tex |
Execute Tex Ray Buy or Sell Advice
The Tex recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Tex Ray Industrial Co. Macroaxis does not own or have any residual interests in Tex Ray Industrial Co or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Tex Ray's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | OK | 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 |
Tex Ray Trading Alerts and Improvement Suggestions
| Tex Ray Industrial has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company reported the revenue of 6.64 B. Net Loss for the year was (30.88 M) with profit before overhead, payroll, taxes, and interest of 1.33 B. | |
| Tex Ray Industrial Co has accumulated about 1.03 B in cash with (329.95 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.42. | |
| Roughly 55.0% of the company shares are owned by insiders or employees |
Tex Ray Returns Distribution Density
The distribution of Tex Ray's historical returns is an attempt to chart the uncertainty of Tex Ray's future price movements. The chart of the probability distribution of Tex Ray daily returns describes the distribution of returns around its average expected value. We use Tex Ray Industrial Co price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Tex Ray returns is essential to provide solid investment advice for Tex Ray.
| Mean Return | 0.10 | Value At Risk | -0.99 | Potential Upside | 2.10 | Standard Deviation | 1.08 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Tex Ray 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.
Tex Ray 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 Tex Ray or Textiles, Apparel & Luxury Goods 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 Tex Ray'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 Tex 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 | 0.03 | |
σ | Overall volatility | 1.10 | |
Ir | Information ratio | -0.03 |
Tex Ray Volatility Alert
Tex Ray Industrial Co has relatively low volatility with skewness of 0.2 and kurtosis of 3.06. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Tex Ray'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 Tex Ray'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.Tex Ray Fundamentals Vs Peers
Comparing Tex Ray'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 Tex Ray's direct or indirect competition across all of the common fundamentals between Tex Ray and the related equities. This way, we can detect undervalued stocks with similar characteristics as Tex Ray or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Tex Ray's fundamental indicators could also be used in its relative valuation, which is a method of valuing Tex Ray by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Tex Ray to competition |
| Fundamentals | Tex Ray | Peer Average |
| Return On Equity | 0.0185 | -0.31 |
| Return On Asset | 0.0095 | -0.14 |
| Profit Margin | 0.01 % | (1.27) % |
| Operating Margin | 0.02 % | (5.51) % |
| Current Valuation | 4.84 B | 16.62 B |
| Shares Outstanding | 233.62 M | 571.82 M |
| Shares Owned By Insiders | 54.93 % | 10.09 % |
| Shares Owned By Institutions | 0.90 % | 39.21 % |
| Price To Earning | 38.37 X | 28.72 X |
| Price To Book | 0.91 X | 9.51 X |
| Price To Sales | 0.41 X | 11.42 X |
| Revenue | 6.64 B | 9.43 B |
| Gross Profit | 1.33 B | 27.38 B |
| EBITDA | 392.59 M | 3.9 B |
| Net Income | (30.88 M) | 570.98 M |
| Cash And Equivalents | 1.03 B | 2.7 B |
| Cash Per Share | 4.42 X | 5.01 X |
| Total Debt | 1.69 B | 5.32 B |
| Debt To Equity | 121.20 % | 48.70 % |
| Current Ratio | 1.41 X | 2.16 X |
| Book Value Per Share | 13.40 X | 1.93 K |
| Cash Flow From Operations | (329.95 M) | 971.22 M |
| Earnings Per Share | 0.30 X | 3.12 X |
| Number Of Employees | 27 | 18.84 K |
| Beta | 0.92 | -0.15 |
| Market Capitalization | 2.72 B | 19.03 B |
| Total Asset | 8.62 B | 29.47 B |
| Retained Earnings | 373 M | 9.33 B |
| Working Capital | 1.18 B | 1.48 B |
| Current Asset | 4.05 B | 9.34 B |
| Current Liabilities | 2.87 B | 7.9 B |
| Z Score | 0.6 | 8.72 |
| Annual Yield | 0.06 % |
Tex Ray Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Tex . 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 Tex Ray Buy or Sell Advice
When is the right time to buy or sell Tex Ray Industrial Co? Buying financial instruments such as Tex 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 Tex Ray 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 High Yield ETFs Thematic Idea Now
High Yield ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The High Yield ETFs theme has 105 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 High Yield ETFs Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for Tex Stock Analysis
When running Tex Ray's price analysis, check to measure Tex Ray'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 Tex Ray is operating at the current time. Most of Tex Ray's value examination focuses on studying past and present price action to predict the probability of Tex Ray's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tex Ray's price. Additionally, you may evaluate how the addition of Tex Ray to your portfolios can decrease your overall portfolio volatility.