Associated Industries (Taiwan) Buy Hold or Sell Recommendation
| 9912 Stock | TWD 12.15 0.10 0.83% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Associated Industries China is 'Strong Buy'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Associated Industries China given historical horizon and risk tolerance towards Associated Industries. When Macroaxis issues a 'buy' or 'sell' recommendation for Associated Industries China, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Associated Industries 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 Associated and provide practical buy, sell, or hold advice based on investors' constraints. Associated Industries China. 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.
Associated |
Execute Associated Industries Buy or Sell Advice
The Associated recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Associated Industries China. Macroaxis does not own or have any residual interests in Associated Industries China or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Associated Industries' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Associated Industries Trading Alerts and Improvement Suggestions
| Associated Industries generated a negative expected return over the last 90 days | |
| Associated Industries China has accumulated about 71.82 M in cash with (47.31 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.34. | |
| Roughly 40.0% of the company shares are owned by insiders or employees |
Associated Industries Returns Distribution Density
The distribution of Associated Industries' historical returns is an attempt to chart the uncertainty of Associated Industries' future price movements. The chart of the probability distribution of Associated Industries daily returns describes the distribution of returns around its average expected value. We use Associated Industries China price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Associated Industries returns is essential to provide solid investment advice for Associated Industries.
| Mean Return | -0.14 | Value At Risk | -2 | Potential Upside | 2.50 | Standard Deviation | 1.28 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Associated Industries 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.
Associated Industries 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 Associated Industries 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 Associated Industries' 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 Associated 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 | -0.15 | |
β | Beta against Dow Jones | 0.03 | |
σ | Overall volatility | 1.28 | |
Ir | Information ratio | -0.2 |
Associated Industries Volatility Alert
Associated Industries China exhibits very low volatility with skewness of 0.64 and kurtosis of 3.2. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Associated Industries' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Associated Industries' 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.Associated Industries Fundamentals Vs Peers
Comparing Associated Industries' 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 Associated Industries' direct or indirect competition across all of the common fundamentals between Associated Industries and the related equities. This way, we can detect undervalued stocks with similar characteristics as Associated Industries or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Associated Industries' fundamental indicators could also be used in its relative valuation, which is a method of valuing Associated Industries by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Associated Industries to competition |
| Fundamentals | Associated Industries | Peer Average |
| Return On Equity | -0.0054 | -0.31 |
| Return On Asset | -0.0173 | -0.14 |
| Profit Margin | 0.01 % | (1.27) % |
| Operating Margin | (0.03) % | (5.51) % |
| Current Valuation | 715.91 M | 16.62 B |
| Shares Outstanding | 51.77 M | 571.82 M |
| Shares Owned By Insiders | 39.55 % | 10.09 % |
| Price To Earning | (47.07) X | 28.72 X |
| Price To Book | 1.20 X | 9.51 X |
| Price To Sales | 0.77 X | 11.42 X |
| Revenue | 632.26 M | 9.43 B |
| Gross Profit | 215.59 M | 27.38 B |
| EBITDA | 40.51 M | 3.9 B |
| Net Income | 18.24 M | 570.98 M |
| Cash And Equivalents | 71.82 M | 2.7 B |
| Cash Per Share | 1.34 X | 5.01 X |
| Total Debt | 90 M | 5.32 B |
| Debt To Equity | 0.16 % | 48.70 % |
| Current Ratio | 1.83 X | 2.16 X |
| Book Value Per Share | 8.11 X | 1.93 K |
| Cash Flow From Operations | (47.31 M) | 971.22 M |
| Earnings Per Share | 0.14 X | 3.12 X |
| Number Of Employees | 8 | 18.84 K |
| Beta | 0.73 | -0.15 |
| Market Capitalization | 509.96 M | 19.03 B |
| Total Asset | 764.08 M | 29.47 B |
| Retained Earnings | 68 M | 9.33 B |
| Working Capital | 172 M | 1.48 B |
| Current Asset | 380 M | 9.34 B |
| Current Liabilities | 208 M | 7.9 B |
| Z Score | 3.0 | 8.72 |
| Net Asset | 764.08 M |
Associated Industries Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Associated . 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 Associated Industries Buy or Sell Advice
When is the right time to buy or sell Associated Industries China? Buying financial instruments such as Associated 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 Associated Stock Analysis
When running Associated Industries' price analysis, check to measure Associated Industries' 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 Associated Industries is operating at the current time. Most of Associated Industries' value examination focuses on studying past and present price action to predict the probability of Associated Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Associated Industries' price. Additionally, you may evaluate how the addition of Associated Industries to your portfolios can decrease your overall portfolio volatility.