Formosa Sumco (Taiwan) Buy Hold or Sell Recommendation
| 3532 Stock | TWD 116.50 0.50 0.43% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Formosa Sumco Technology is 'Hold'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Formosa Sumco Technology given historical horizon and risk tolerance towards Formosa Sumco. When Macroaxis issues a 'buy' or 'sell' recommendation for Formosa Sumco Technology, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Formosa Sumco 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 Formosa and provide practical buy, sell, or hold advice based on investors' constraints. Formosa Sumco Technology. 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.
Formosa |
Execute Formosa Sumco Buy or Sell Advice
The Formosa recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Formosa Sumco Technology. Macroaxis does not own or have any residual interests in Formosa Sumco Technology or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Formosa Sumco's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Formosa Sumco Trading Alerts and Improvement Suggestions
| Formosa Sumco generated a negative expected return over the last 90 days | |
| About 84.0% of the company shares are owned by insiders or employees |
Formosa Sumco Returns Distribution Density
The distribution of Formosa Sumco's historical returns is an attempt to chart the uncertainty of Formosa Sumco's future price movements. The chart of the probability distribution of Formosa Sumco daily returns describes the distribution of returns around its average expected value. We use Formosa Sumco Technology price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Formosa Sumco returns is essential to provide solid investment advice for Formosa Sumco.
| Mean Return | -0.28 | Value At Risk | -2.85 | Potential Upside | 2.41 | Standard Deviation | 1.77 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Formosa Sumco 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.
Formosa Sumco 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 Formosa Sumco or Semiconductors & Semiconductor Equipment 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 Formosa Sumco'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 Formosa 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 | -0.34 | |
β | Beta against Dow Jones | 0.46 | |
σ | Overall volatility | 1.79 | |
Ir | Information ratio | -0.23 |
Formosa Sumco Volatility Alert
Formosa Sumco Technology exhibits very low volatility with skewness of -0.57 and kurtosis of 1.03. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Formosa Sumco'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 Formosa Sumco'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.Formosa Sumco Fundamentals Vs Peers
Comparing Formosa Sumco'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 Formosa Sumco's direct or indirect competition across all of the common fundamentals between Formosa Sumco and the related equities. This way, we can detect undervalued stocks with similar characteristics as Formosa Sumco or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Formosa Sumco's fundamental indicators could also be used in its relative valuation, which is a method of valuing Formosa Sumco by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Formosa Sumco to competition |
| Fundamentals | Formosa Sumco | Peer Average |
| Return On Equity | 0.19 | -0.31 |
| Return On Asset | 0.0939 | -0.14 |
| Profit Margin | 0.28 % | (1.27) % |
| Operating Margin | 0.28 % | (5.51) % |
| Current Valuation | 46.2 B | 16.62 B |
| Shares Outstanding | 387.85 M | 571.82 M |
| Shares Owned By Insiders | 83.50 % | 10.09 % |
| Shares Owned By Institutions | 3.89 % | 39.21 % |
| Price To Earning | 7.83 X | 28.72 X |
| Price To Book | 2.48 X | 9.51 X |
| Price To Sales | 3.89 X | 11.42 X |
| Revenue | 12.17 B | 9.43 B |
| Gross Profit | 2.55 B | 27.38 B |
| EBITDA | 3.75 B | 3.9 B |
| Net Income | 1.41 B | 570.98 M |
| Cash And Equivalents | 8.62 B | 2.7 B |
| Cash Per Share | 22.24 X | 5.01 X |
| Total Debt | 22.99 M | 5.32 B |
| Debt To Equity | 0.10 % | 48.70 % |
| Current Ratio | 6.43 X | 2.16 X |
| Book Value Per Share | 61.32 X | 1.93 K |
| Cash Flow From Operations | 3.77 B | 971.22 M |
| Earnings Per Share | 10.85 X | 3.12 X |
| Target Price | 207.0 | |
| Number Of Employees | 27 | 18.84 K |
| Beta | 1.13 | -0.15 |
| Market Capitalization | 59.15 B | 19.03 B |
| Total Asset | 23.72 B | 29.47 B |
| Retained Earnings | 6.13 B | 9.33 B |
| Working Capital | 5.38 B | 1.48 B |
| Current Asset | 8.74 B | 9.34 B |
| Current Liabilities | 3.36 B | 7.9 B |
| Annual Yield | 0.01 % |
Formosa Sumco Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Formosa . 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 Formosa Sumco Buy or Sell Advice
When is the right time to buy or sell Formosa Sumco Technology? Buying financial instruments such as Formosa 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 Formosa Sumco 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?
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Additional Tools for Formosa Stock Analysis
When running Formosa Sumco's price analysis, check to measure Formosa Sumco'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 Formosa Sumco is operating at the current time. Most of Formosa Sumco's value examination focuses on studying past and present price action to predict the probability of Formosa Sumco's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Formosa Sumco's price. Additionally, you may evaluate how the addition of Formosa Sumco to your portfolios can decrease your overall portfolio volatility.