Chenghe Acquisition Co Buy Hold or Sell Recommendation

CHEADelisted Stock  USD 10.82  0.02  0.18%   
Given the investment horizon of 90 days and your complete indifference towards market risk, our recommendation regarding Chenghe Acquisition Co is 'Not Rated'. Macroaxis provides Chenghe Acquisition buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding CHEA positions.
  
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
In addition, we conduct extensive research on individual companies such as Chenghe and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Chenghe Acquisition 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 income.

Execute Chenghe Acquisition Buy or Sell Advice

The Chenghe recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Chenghe Acquisition Co. Macroaxis does not own or have any residual interests in Chenghe Acquisition Co or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Chenghe Acquisition's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Chenghe AcquisitionBuy Chenghe Acquisition
Not Rated
For the selected time horizon Chenghe Acquisition Co has a Risk Adjusted Performance of 0.217, Jensen Alpha of 0.0379, Total Risk Alpha of 0.0167, Sortino Ratio of (0.42) and Treynor Ratio of 2.41
Our trade advice tool can cross-verify current analyst consensus on Chenghe Acquisition and to analyze the company potential to grow in the current economic cycle. To make sure Chenghe Acquisition is not overpriced, please confirm all Chenghe Acquisition fundamentals, including its net income, current ratio, and the relationship between the price to book and cash per share . Given that Chenghe Acquisition has a price to book of 0.74 X, we suggest you to validate Chenghe Acquisition Co market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.

Chenghe Acquisition Trading Alerts and Improvement Suggestions

Chenghe Acquisition is not yet fully synchronised with the market data
Chenghe Acquisition has a very high chance of going through financial distress in the upcoming years
Chenghe Acquisition Co currently holds 115.84 K in liabilities. Chenghe Acquisition has a current ratio of 0.03, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Chenghe Acquisition's use of debt, we should always consider it together with its cash and equity.
Chenghe Acquisition Co currently holds about 702.7 K in cash with (525.1 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05.

Chenghe Acquisition Returns Distribution Density

The distribution of Chenghe Acquisition's historical returns is an attempt to chart the uncertainty of Chenghe Acquisition's future price movements. The chart of the probability distribution of Chenghe Acquisition daily returns describes the distribution of returns around its average expected value. We use Chenghe Acquisition Co price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Chenghe Acquisition returns is essential to provide solid investment advice for Chenghe Acquisition.
Mean Return
0.05
Value At Risk
-0.09
Potential Upside
0.19
Standard Deviation
0.15
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Chenghe Acquisition 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.

Chenghe Acquisition Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Chenghe . 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 Chenghe Acquisition Buy or Sell Advice

When is the right time to buy or sell Chenghe Acquisition Co? Buying financial instruments such as Chenghe 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 Chenghe Acquisition 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.

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Sovereign ETFs
Sovereign ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Sovereign ETFs theme has 17 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 Sovereign ETFs Theme or any other thematic opportunities.
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Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

Other Consideration for investing in Chenghe Stock

If you are still planning to invest in Chenghe Acquisition check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Chenghe Acquisition's history and understand the potential risks before investing.
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