Goodway Machine (Taiwan) Buy Hold or Sell Recommendation
| 1583 Stock | TWD 60.10 0.50 0.83% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Goodway Machine Corp is 'Cautious Hold'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Goodway Machine Corp given historical horizon and risk tolerance towards Goodway Machine. When Macroaxis issues a 'buy' or 'sell' recommendation for Goodway Machine Corp, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Goodway Machine 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 Goodway and provide practical buy, sell, or hold advice based on investors' constraints. Goodway Machine 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.
Goodway |
Execute Goodway Machine Buy or Sell Advice
The Goodway recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Goodway Machine Corp. Macroaxis does not own or have any residual interests in Goodway Machine Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Goodway Machine'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 | Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Goodway Machine Trading Alerts and Improvement Suggestions
| Goodway Machine Corp generated a negative expected return over the last 90 days | |
| Goodway Machine Corp has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 85.0% of the company shares are owned by insiders or employees |
Goodway Machine Returns Distribution Density
The distribution of Goodway Machine's historical returns is an attempt to chart the uncertainty of Goodway Machine's future price movements. The chart of the probability distribution of Goodway Machine daily returns describes the distribution of returns around its average expected value. We use Goodway Machine Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Goodway Machine returns is essential to provide solid investment advice for Goodway Machine.
| Mean Return | -0.07 | Value At Risk | -2.12 | Potential Upside | 1.83 | Standard Deviation | 1.13 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Goodway Machine 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.
Goodway Machine 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 Goodway Machine or Machinery 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 Goodway Machine'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 Goodway 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 | -0.11 | |
β | Beta against Dow Jones | 0.22 | |
σ | Overall volatility | 1.02 | |
Ir | Information ratio | -0.19 |
Goodway Machine Volatility Alert
Goodway Machine Corp exhibits very low volatility with skewness of -0.09 and kurtosis of 1.26. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Goodway Machine'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 Goodway Machine'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.Goodway Machine Fundamentals Vs Peers
Comparing Goodway Machine'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 Goodway Machine's direct or indirect competition across all of the common fundamentals between Goodway Machine and the related equities. This way, we can detect undervalued stocks with similar characteristics as Goodway Machine or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Goodway Machine's fundamental indicators could also be used in its relative valuation, which is a method of valuing Goodway Machine by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Goodway Machine to competition |
| Fundamentals | Goodway Machine | Peer Average |
| Return On Equity | 0.13 | -0.31 |
| Return On Asset | 0.0333 | -0.14 |
| Profit Margin | 0.10 % | (1.27) % |
| Operating Margin | 0.11 % | (5.51) % |
| Current Valuation | 8.59 B | 16.62 B |
| Shares Outstanding | 110.4 M | 571.82 M |
| Shares Owned By Insiders | 85.30 % | 10.09 % |
| Shares Owned By Institutions | 3.86 % | 39.21 % |
| Price To Earning | 10.05 X | 28.72 X |
| Price To Book | 1.33 X | 9.51 X |
| Price To Sales | 1.02 X | 11.42 X |
| Revenue | 6.73 B | 9.43 B |
| Gross Profit | 1.53 B | 27.38 B |
| EBITDA | 910.26 M | 3.9 B |
| Net Income | 363.69 M | 570.98 M |
| Cash And Equivalents | 2.73 B | 2.7 B |
| Cash Per Share | 24.73 X | 5.01 X |
| Total Debt | 166.74 M | 5.32 B |
| Debt To Equity | 95.70 % | 48.70 % |
| Current Ratio | 1.32 X | 2.16 X |
| Book Value Per Share | 46.26 X | 1.93 K |
| Cash Flow From Operations | 811.83 M | 971.22 M |
| Earnings Per Share | 6.07 X | 3.12 X |
| Target Price | 72.0 | |
| Number Of Employees | 13 | 18.84 K |
| Beta | 0.41 | -0.15 |
| Market Capitalization | 6.84 B | 19.03 B |
| Total Asset | 13.09 B | 29.47 B |
| Retained Earnings | 2.17 B | 9.33 B |
| Working Capital | 2.87 B | 1.48 B |
| Current Asset | 7.77 B | 9.34 B |
| Current Liabilities | 4.9 B | 7.9 B |
| Z Score | 24.6 | 8.72 |
Goodway Machine Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Goodway . 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 Goodway Machine Buy or Sell Advice
When is the right time to buy or sell Goodway Machine Corp? Buying financial instruments such as Goodway 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.
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In addition to having Goodway Machine 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 Candy and Soda Thematic Idea Now
Candy and Soda
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Candy and Soda theme has 13 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 Candy and Soda Theme or any other thematic opportunities.
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Additional Tools for Goodway Stock Analysis
When running Goodway Machine's price analysis, check to measure Goodway Machine'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 Goodway Machine is operating at the current time. Most of Goodway Machine's value examination focuses on studying past and present price action to predict the probability of Goodway Machine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Goodway Machine's price. Additionally, you may evaluate how the addition of Goodway Machine to your portfolios can decrease your overall portfolio volatility.