Launch Technologies (Taiwan) Buy Hold or Sell Recommendation
| 8420 Stock | TWD 40.60 0.40 0.98% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Launch Technologies Co is 'Cautious Hold'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Launch Technologies Co given historical horizon and risk tolerance towards Launch Technologies. When Macroaxis issues a 'buy' or 'sell' recommendation for Launch Technologies Co, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Launch Technologies 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 Launch and provide practical buy, sell, or hold advice based on investors' constraints. Launch Technologies 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.
Launch |
Execute Launch Technologies Buy or Sell Advice
The Launch recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Launch Technologies Co. Macroaxis does not own or have any residual interests in Launch Technologies Co or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Launch Technologies' 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 | Barely shadows the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Launch Technologies Trading Alerts and Improvement Suggestions
| Launch Technologies generated a negative expected return over the last 90 days | |
| About 80.0% of the company shares are owned by insiders or employees |
Launch Technologies Returns Distribution Density
The distribution of Launch Technologies' historical returns is an attempt to chart the uncertainty of Launch Technologies' future price movements. The chart of the probability distribution of Launch Technologies daily returns describes the distribution of returns around its average expected value. We use Launch Technologies Co price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Launch Technologies returns is essential to provide solid investment advice for Launch Technologies.
| Mean Return | -0.09 | Value At Risk | -1.64 | Potential Upside | 0.96 | Standard Deviation | 0.74 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Launch Technologies 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.
Launch Technologies 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 Launch Technologies or Leisure Products 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 Launch Technologies' 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 Launch 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 | 0.04 | |
σ | Overall volatility | 0.72 | |
Ir | Information ratio | -0.31 |
Launch Technologies Volatility Alert
Launch Technologies Co exhibits very low volatility with skewness of 0.23 and kurtosis of 1.84. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Launch Technologies' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Launch Technologies' 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.Launch Technologies Fundamentals Vs Peers
Comparing Launch Technologies' 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 Launch Technologies' direct or indirect competition across all of the common fundamentals between Launch Technologies and the related equities. This way, we can detect undervalued stocks with similar characteristics as Launch Technologies or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Launch Technologies' fundamental indicators could also be used in its relative valuation, which is a method of valuing Launch Technologies by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Launch Technologies to competition |
| Fundamentals | Launch Technologies | Peer Average |
| Return On Equity | 0.39 | -0.31 |
| Return On Asset | 0.13 | -0.14 |
| Profit Margin | 0.14 % | (1.27) % |
| Operating Margin | 0.15 % | (5.51) % |
| Current Valuation | 3.98 B | 16.62 B |
| Shares Outstanding | 50.99 M | 571.82 M |
| Shares Owned By Insiders | 79.80 % | 10.09 % |
| Shares Owned By Institutions | 0.20 % | 39.21 % |
| Price To Earning | 23.84 X | 28.72 X |
| Price To Book | 2.75 X | 9.51 X |
| Price To Sales | 1.17 X | 11.42 X |
| Revenue | 2.61 B | 9.43 B |
| Gross Profit | 421.95 M | 27.38 B |
| EBITDA | 431.5 M | 3.9 B |
| Net Income | 236.84 M | 570.98 M |
| Cash And Equivalents | 95.89 M | 2.7 B |
| Cash Per Share | 1.88 X | 5.01 X |
| Total Debt | 137.54 M | 5.32 B |
| Debt To Equity | 0.59 % | 48.70 % |
| Current Ratio | 1.11 X | 2.16 X |
| Book Value Per Share | 27.39 X | 1.93 K |
| Cash Flow From Operations | 380.69 M | 971.22 M |
| Earnings Per Share | 9.27 X | 3.12 X |
| Number Of Employees | 626 | 18.84 K |
| Beta | 0.36 | -0.15 |
| Market Capitalization | 4.19 B | 19.03 B |
| Total Asset | 2.19 B | 29.47 B |
| Z Score | 19.0 | 8.72 |
| Annual Yield | 0.03 % | |
| Five Year Return | 4.48 % | |
| Net Asset | 2.19 B | |
| Last Dividend Paid | 2.5 |
Launch Technologies Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Launch . 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.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 40.6 | |||
| Day Typical Price | 40.6 | |||
| Price Action Indicator | (0.20) | |||
| Period Momentum Indicator | (0.40) | |||
| Relative Strength Index | 47.34 |
About Launch Technologies Buy or Sell Advice
When is the right time to buy or sell Launch Technologies Co? Buying financial instruments such as Launch 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 Launch Technologies 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 Computers Thematic Idea Now
Computers
Companies that manufacture and distribute personal and business computers. The Computers theme has 38 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 Computers Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for Launch Stock Analysis
When running Launch Technologies' price analysis, check to measure Launch Technologies' 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 Launch Technologies is operating at the current time. Most of Launch Technologies' value examination focuses on studying past and present price action to predict the probability of Launch Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Launch Technologies' price. Additionally, you may evaluate how the addition of Launch Technologies to your portfolios can decrease your overall portfolio volatility.