Elitegroup Computer (Taiwan) Buy Hold or Sell Recommendation
| 2331 Stock | TWD 24.80 0.25 1.00% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Elitegroup Computer Systems is 'Strong Hold'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Elitegroup Computer Systems given historical horizon and risk tolerance towards Elitegroup Computer. When Macroaxis issues a 'buy' or 'sell' recommendation for Elitegroup Computer Systems, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Elitegroup Computer 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 Elitegroup and provide practical buy, sell, or hold advice based on investors' constraints. Elitegroup Computer Systems. 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.
Elitegroup |
Execute Elitegroup Computer Buy or Sell Advice
The Elitegroup recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Elitegroup Computer Systems. Macroaxis does not own or have any residual interests in Elitegroup Computer Systems or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Elitegroup Computer's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong 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 | Follows the market closely | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Elitegroup Computer Trading Alerts and Improvement Suggestions
| Elitegroup Computer generated a negative expected return over the last 90 days | |
| Elitegroup Computer Systems has accumulated about 7.03 B in cash with (2 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 12.62. | |
| Roughly 52.0% of the company shares are owned by insiders or employees |
Elitegroup Computer Returns Distribution Density
The distribution of Elitegroup Computer's historical returns is an attempt to chart the uncertainty of Elitegroup Computer's future price movements. The chart of the probability distribution of Elitegroup Computer daily returns describes the distribution of returns around its average expected value. We use Elitegroup Computer Systems price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Elitegroup Computer returns is essential to provide solid investment advice for Elitegroup Computer.
| Mean Return | -0.02 | Value At Risk | -2.97 | Potential Upside | 2.90 | Standard Deviation | 1.96 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Elitegroup Computer 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.
Elitegroup Computer 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 Elitegroup Computer or Technology Hardware, Storage & Peripherals 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 Elitegroup Computer'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 Elitegroup 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 | -0.12 | |
β | Beta against Dow Jones | 0.76 | |
σ | Overall volatility | 1.95 | |
Ir | Information ratio | -0.08 |
Elitegroup Computer Volatility Alert
Elitegroup Computer Systems exhibits very low volatility with skewness of -0.11 and kurtosis of 3.31. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Elitegroup Computer'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 Elitegroup Computer'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.Elitegroup Computer Fundamentals Vs Peers
Comparing Elitegroup Computer'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 Elitegroup Computer's direct or indirect competition across all of the common fundamentals between Elitegroup Computer and the related equities. This way, we can detect undervalued stocks with similar characteristics as Elitegroup Computer or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Elitegroup Computer's fundamental indicators could also be used in its relative valuation, which is a method of valuing Elitegroup Computer by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Elitegroup Computer to competition |
| Fundamentals | Elitegroup Computer | Peer Average |
| Return On Equity | 0.0948 | -0.31 |
| Return On Asset | 0.0088 | -0.14 |
| Profit Margin | 0.03 % | (1.27) % |
| Operating Margin | 0.01 % | (5.51) % |
| Current Valuation | 3.52 B | 16.62 B |
| Shares Outstanding | 557.4 M | 571.82 M |
| Shares Owned By Insiders | 52.23 % | 10.09 % |
| Shares Owned By Institutions | 4.25 % | 39.21 % |
| Price To Earning | 414.91 X | 28.72 X |
| Price To Book | 1.05 X | 9.51 X |
| Price To Sales | 0.36 X | 11.42 X |
| Revenue | 31.94 B | 9.43 B |
| Gross Profit | 2.66 B | 27.38 B |
| EBITDA | 883.75 M | 3.9 B |
| Net Income | 71.53 M | 570.98 M |
| Cash And Equivalents | 7.03 B | 2.7 B |
| Cash Per Share | 12.62 X | 5.01 X |
| Total Debt | 1.47 B | 5.32 B |
| Debt To Equity | 0.14 % | 48.70 % |
| Current Ratio | 1.46 X | 2.16 X |
| Book Value Per Share | 20.85 X | 1.93 K |
| Cash Flow From Operations | (2 B) | 971.22 M |
| Earnings Per Share | 1.83 X | 3.12 X |
| Number Of Employees | 31 | 18.84 K |
| Beta | 1.0 | -0.15 |
| Market Capitalization | 11.82 B | 19.03 B |
| Total Asset | 24.13 B | 29.47 B |
| Retained Earnings | (294 M) | 9.33 B |
| Working Capital | 5.19 B | 1.48 B |
| Current Asset | 15.19 B | 9.34 B |
| Current Liabilities | 10 B | 7.9 B |
| Z Score | 5.8 | 8.72 |
| Annual Yield | 0.04 % |
Elitegroup Computer Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Elitegroup . 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.
| Accumulation Distribution | 137159.0 | |||
| Daily Balance Of Power | (0.42) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 25.1 | |||
| Day Typical Price | 25.0 | |||
| Price Action Indicator | (0.42) | |||
| Period Momentum Indicator | (0.25) | |||
| Relative Strength Index | 56.89 |
About Elitegroup Computer Buy or Sell Advice
When is the right time to buy or sell Elitegroup Computer Systems? Buying financial instruments such as Elitegroup 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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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 Large Growth Funds Theme or any other thematic opportunities.
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Additional Tools for Elitegroup Stock Analysis
When running Elitegroup Computer's price analysis, check to measure Elitegroup Computer'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 Elitegroup Computer is operating at the current time. Most of Elitegroup Computer's value examination focuses on studying past and present price action to predict the probability of Elitegroup Computer's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elitegroup Computer's price. Additionally, you may evaluate how the addition of Elitegroup Computer to your portfolios can decrease your overall portfolio volatility.