Forest Water (Taiwan) Buy Hold or Sell Recommendation
| 8473 Stock | TWD 36.65 0.65 1.74% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Forest Water Environmental is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Forest Water Environmental given historical horizon and risk tolerance towards Forest Water. When Macroaxis issues a 'buy' or 'sell' recommendation for Forest Water Environmental, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Forest Water 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 Forest and provide practical buy, sell, or hold advice based on investors' constraints. Forest Water Environmental. 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.
Forest |
Execute Forest Water Buy or Sell Advice
The Forest recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Forest Water Environmental. Macroaxis does not own or have any residual interests in Forest Water Environmental or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Forest Water's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Quite High | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Forest Water Trading Alerts and Improvement Suggestions
| Forest Water Environ generated a negative expected return over the last 90 days | |
| Forest Water Environ has high likelihood to experience some financial distress in the next 2 years | |
| Forest Water Environmental has accumulated 3.03 B in total debt with debt to equity ratio (D/E) of 0.68, which is about average as compared to similar companies. Forest Water Environ has a current ratio of 0.93, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Forest Water until it has trouble settling it off, either with new capital or with free cash flow. So, Forest Water's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Forest Water Environ sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Forest to invest in growth at high rates of return. When we think about Forest Water's use of debt, we should always consider it together with cash and equity. | |
| About 75.0% of Forest Water shares are owned by insiders or employees |
Forest Water Returns Distribution Density
The distribution of Forest Water's historical returns is an attempt to chart the uncertainty of Forest Water's future price movements. The chart of the probability distribution of Forest Water daily returns describes the distribution of returns around its average expected value. We use Forest Water Environmental price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Forest Water returns is essential to provide solid investment advice for Forest Water.
| Mean Return | -0.19 | Value At Risk | -3.57 | Potential Upside | 2.43 | Standard Deviation | 1.80 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Forest Water 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.
Forest Water 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 Forest Water or Commercial Services & Supplies 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 Forest Water'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 Forest 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 | -0.2 | |
β | Beta against Dow Jones | -0.005 | |
σ | Overall volatility | 1.70 | |
Ir | Information ratio | -0.18 |
Forest Water Volatility Alert
Forest Water Environmental exhibits very low volatility with skewness of 0.05 and kurtosis of 0.54. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Forest Water'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 Forest Water'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.Forest Water Fundamentals Vs Peers
Comparing Forest Water'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 Forest Water's direct or indirect competition across all of the common fundamentals between Forest Water and the related equities. This way, we can detect undervalued stocks with similar characteristics as Forest Water or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Forest Water's fundamental indicators could also be used in its relative valuation, which is a method of valuing Forest Water by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Forest Water to competition |
| Fundamentals | Forest Water | Peer Average |
| Return On Equity | -0.0037 | -0.31 |
| Return On Asset | 0.0129 | -0.14 |
| Profit Margin | (0.04) % | (1.27) % |
| Operating Margin | 0.08 % | (5.51) % |
| Current Valuation | 7.75 B | 16.62 B |
| Shares Outstanding | 144.25 M | 571.82 M |
| Shares Owned By Insiders | 75.43 % | 10.09 % |
| Shares Owned By Institutions | 0.70 % | 39.21 % |
| Price To Earning | 26.70 X | 28.72 X |
| Price To Book | 0.73 X | 9.51 X |
| Price To Sales | 1.02 X | 11.42 X |
| Revenue | 3.96 B | 9.43 B |
| Gross Profit | 895.66 M | 27.38 B |
| EBITDA | 848.24 M | 3.9 B |
| Net Income | 195.87 M | 570.98 M |
| Cash And Equivalents | 1.46 B | 2.7 B |
| Cash Per Share | 11.02 X | 5.01 X |
| Total Debt | 3.03 B | 5.32 B |
| Debt To Equity | 0.68 % | 48.70 % |
| Current Ratio | 0.95 X | 2.16 X |
| Book Value Per Share | 37.43 X | 1.93 K |
| Cash Flow From Operations | 96.36 M | 971.22 M |
| Earnings Per Share | 1.20 X | 3.12 X |
| Number Of Employees | 16 | 18.84 K |
| Beta | 0.37 | -0.15 |
| Market Capitalization | 4.08 B | 19.03 B |
| Total Asset | 15.61 B | 29.47 B |
| Z Score | 0.6 | 8.72 |
| Annual Yield | 0.03 % | |
| Five Year Return | 4.98 % | |
| Net Asset | 15.61 B | |
| Last Dividend Paid | 0.85 |
Forest Water Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Forest . 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 Forest Water Buy or Sell Advice
When is the right time to buy or sell Forest Water Environmental? Buying financial instruments such as Forest 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 Forest Stock Analysis
When running Forest Water's price analysis, check to measure Forest Water'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 Forest Water is operating at the current time. Most of Forest Water's value examination focuses on studying past and present price action to predict the probability of Forest Water's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forest Water's price. Additionally, you may evaluate how the addition of Forest Water to your portfolios can decrease your overall portfolio volatility.