Medtecs International (Taiwan) Buy Hold or Sell Recommendation
| 9103 Stock | TWD 6.32 0.04 0.63% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Medtecs International is 'Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Medtecs International given historical horizon and risk tolerance towards Medtecs International. When Macroaxis issues a 'buy' or 'sell' recommendation for Medtecs International, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Medtecs International 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 Medtecs and provide practical buy, sell, or hold advice based on investors' constraints. Medtecs International. 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.
Medtecs |
Execute Medtecs International Buy or Sell Advice
The Medtecs recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Medtecs International. Macroaxis does not own or have any residual interests in Medtecs International or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Medtecs International's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Sell
Market Performance | Very Weak | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Medtecs International Trading Alerts and Improvement Suggestions
| Medtecs International generated a negative expected return over the last 90 days | |
| The company has NT$0.0 in debt which may indicate that it relies heavily on debt financing |
Medtecs International Returns Distribution Density
The distribution of Medtecs International's historical returns is an attempt to chart the uncertainty of Medtecs International's future price movements. The chart of the probability distribution of Medtecs International daily returns describes the distribution of returns around its average expected value. We use Medtecs International price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Medtecs International returns is essential to provide solid investment advice for Medtecs International.
| Mean Return | -0.16 | Value At Risk | -1.51 | Potential Upside | 2.45 | Standard Deviation | 1.06 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Medtecs International 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.
Medtecs International 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 Medtecs International or Healthcare 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 Medtecs International'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 Medtecs 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 | -0.17 | |
β | Beta against Dow Jones | 0.01 | |
σ | Overall volatility | 1.09 | |
Ir | Information ratio | -0.27 |
Medtecs International Volatility Alert
Medtecs International exhibits very low volatility with skewness of 1.2 and kurtosis of 3.99. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Medtecs International'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 Medtecs International'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.Medtecs International Fundamentals Vs Peers
Comparing Medtecs International'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 Medtecs International's direct or indirect competition across all of the common fundamentals between Medtecs International and the related equities. This way, we can detect undervalued stocks with similar characteristics as Medtecs International or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Medtecs International's fundamental indicators could also be used in its relative valuation, which is a method of valuing Medtecs International by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Medtecs International to competition |
| Fundamentals | Medtecs International | Peer Average |
| Return On Equity | -0.0322 | -0.31 |
| Return On Asset | -0.0239 | -0.14 |
| Profit Margin | (0.06) % | (1.27) % |
| Operating Margin | (0.09) % | (5.51) % |
| Current Valuation | 1.58 B | 16.62 B |
| Shares Outstanding | 544.91 M | 571.82 M |
| Price To Earning | 515.00 X | 28.72 X |
| Price To Book | 5.23 X | 9.51 X |
| Price To Sales | 45.54 X | 11.42 X |
| Revenue | 144.16 M | 9.43 B |
| Gross Profit | 43.48 M | 27.38 B |
| EBITDA | 24.4 M | 3.9 B |
| Net Income | 17.34 M | 570.98 M |
| Cash And Equivalents | 8.21 M | 2.7 B |
| Cash Per Share | 0.01 X | 5.01 X |
| Debt To Equity | 64.40 % | 48.70 % |
| Current Ratio | 1.74 X | 2.16 X |
| Book Value Per Share | 0.32 X | 1.93 K |
| Cash Flow From Operations | 29.76 M | 971.22 M |
| Earnings Per Share | 0.93 X | 3.12 X |
| Number Of Employees | 15 | 18.84 K |
| Beta | 1.31 | -0.15 |
| Market Capitalization | 3.9 B | 19.03 B |
| Total Asset | 215.57 M | 29.47 B |
| Retained Earnings | 25 M | 9.33 B |
| Working Capital | 18 M | 1.48 B |
| Current Asset | 64 M | 9.34 B |
| Current Liabilities | 46 M | 7.9 B |
| Annual Yield | 0.02 % | |
| Net Asset | 215.57 M | |
| Last Dividend Paid | 0.006 |
Medtecs International Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Medtecs . 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 Medtecs International Buy or Sell Advice
When is the right time to buy or sell Medtecs International? Buying financial instruments such as Medtecs 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 Medtecs Stock Analysis
When running Medtecs International's price analysis, check to measure Medtecs International'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 Medtecs International is operating at the current time. Most of Medtecs International's value examination focuses on studying past and present price action to predict the probability of Medtecs International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Medtecs International's price. Additionally, you may evaluate how the addition of Medtecs International to your portfolios can decrease your overall portfolio volatility.