Sinkang Industries (Taiwan) Buy Hold or Sell Recommendation
| 2032 Stock | TWD 14.80 0.10 0.67% |
Assuming the 90 days trading horizon and your way above-average risk tolerance, our recommendation regarding Sinkang Industries Co is 'Strong Hold'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Sinkang Industries Co given historical horizon and risk tolerance towards Sinkang Industries. When Macroaxis issues a 'buy' or 'sell' recommendation for Sinkang Industries Co, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Sinkang Industries 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 Sinkang and provide practical buy, sell, or hold advice based on investors' constraints. Sinkang Industries 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.
Sinkang |
Execute Sinkang Industries Buy or Sell Advice
The Sinkang recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Sinkang Industries Co. Macroaxis does not own or have any residual interests in Sinkang Industries Co or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Sinkang Industries' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Very Weak | Details | |
Volatility | Not too volatile | 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 |
Sinkang Industries Trading Alerts and Improvement Suggestions
| Sinkang Industries generated a negative expected return over the last 90 days | |
| About 42.0% of the company shares are owned by insiders or employees |
Sinkang Industries Returns Distribution Density
The distribution of Sinkang Industries' historical returns is an attempt to chart the uncertainty of Sinkang Industries' future price movements. The chart of the probability distribution of Sinkang Industries daily returns describes the distribution of returns around its average expected value. We use Sinkang Industries Co price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Sinkang Industries returns is essential to provide solid investment advice for Sinkang Industries.
| Mean Return | -0.02 | Value At Risk | -2.21 | Potential Upside | 2.41 | Standard Deviation | 1.87 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Sinkang Industries 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.
Sinkang Industries 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 Sinkang Industries or Metals & Mining 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 Sinkang Industries' 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 Sinkang 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 | 0.49 | |
σ | Overall volatility | 1.91 | |
Ir | Information ratio | -0.08 |
Sinkang Industries Volatility Alert
Sinkang Industries Co exhibits very low volatility with skewness of 2.0 and kurtosis of 11.2. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Sinkang Industries' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Sinkang Industries' 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.Sinkang Industries Fundamentals Vs Peers
Comparing Sinkang Industries' 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 Sinkang Industries' direct or indirect competition across all of the common fundamentals between Sinkang Industries and the related equities. This way, we can detect undervalued stocks with similar characteristics as Sinkang Industries or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Sinkang Industries' fundamental indicators could also be used in its relative valuation, which is a method of valuing Sinkang Industries by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Sinkang Industries to competition |
| Fundamentals | Sinkang Industries | Peer Average |
| Return On Equity | 0.0173 | -0.31 |
| Return On Asset | 6.0E-4 | -0.14 |
| Profit Margin | 0.01 % | (1.27) % |
| Operating Margin | 0.0005 % | (5.51) % |
| Current Valuation | 2.33 B | 16.62 B |
| Shares Outstanding | 130.52 M | 571.82 M |
| Shares Owned By Insiders | 42.41 % | 10.09 % |
| Shares Owned By Institutions | 0.06 % | 39.21 % |
| Price To Earning | 62.01 X | 28.72 X |
| Price To Book | 1.48 X | 9.51 X |
| Price To Sales | 0.74 X | 11.42 X |
| Revenue | 3.49 B | 9.43 B |
| Gross Profit | 299.88 M | 27.38 B |
| EBITDA | 227.96 M | 3.9 B |
| Net Income | 166.93 M | 570.98 M |
| Cash And Equivalents | 285.96 M | 2.7 B |
| Cash Per Share | 2.19 X | 5.01 X |
| Total Debt | 49.11 M | 5.32 B |
| Debt To Equity | 2.90 % | 48.70 % |
| Current Ratio | 9.05 X | 2.16 X |
| Book Value Per Share | 12.94 X | 1.93 K |
| Cash Flow From Operations | 56.44 M | 971.22 M |
| Earnings Per Share | 0.23 X | 3.12 X |
| Number Of Employees | 196 | 18.84 K |
| Beta | 0.9 | -0.15 |
| Market Capitalization | 2.71 B | 19.03 B |
| Total Asset | 2.24 B | 29.47 B |
| Retained Earnings | 222 M | 9.33 B |
| Working Capital | 1.03 B | 1.48 B |
| Current Asset | 1.16 B | 9.34 B |
| Current Liabilities | 135 M | 7.9 B |
| Z Score | 34.0 | 8.72 |
| Annual Yield | 0.06 % |
Sinkang Industries Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Sinkang . 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 Sinkang Industries Buy or Sell Advice
When is the right time to buy or sell Sinkang Industries Co? Buying financial instruments such as Sinkang 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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Additional Tools for Sinkang Stock Analysis
When running Sinkang Industries' price analysis, check to measure Sinkang Industries' 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 Sinkang Industries is operating at the current time. Most of Sinkang Industries' value examination focuses on studying past and present price action to predict the probability of Sinkang Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sinkang Industries' price. Additionally, you may evaluate how the addition of Sinkang Industries to your portfolios can decrease your overall portfolio volatility.