Wetouch Technology Common Stock Buy Hold or Sell Recommendation
| WETH Stock | USD 1.67 0.13 7.22% |
Given the investment horizon of 90 days and your below-average risk tolerance, our recommendation regarding Wetouch Technology Common is 'Strong Sell'. The recommendation algorithm takes into account all of Wetouch Technology's available fundamental, technical, and predictive indicators you will find on this site.
Check out Wetouch Technology 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. In addition, we conduct extensive research on individual companies such as Wetouch and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Wetouch Technology Common. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Wetouch |
Execute Wetouch Technology Buy or Sell Advice
The Wetouch recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Wetouch Technology Common. Macroaxis does not own or have any residual interests in Wetouch Technology Common or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Wetouch Technology's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Weak | Details | |
Volatility | Extremely Dangerous | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Wetouch Technology Trading Alerts and Improvement Suggestions
| Wetouch Technology had very high historical volatility over the last 90 days | |
| Wetouch Technology may become a speculative penny stock |
Wetouch Technology Returns Distribution Density
The distribution of Wetouch Technology's historical returns is an attempt to chart the uncertainty of Wetouch Technology's future price movements. The chart of the probability distribution of Wetouch Technology daily returns describes the distribution of returns around its average expected value. We use Wetouch Technology Common price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Wetouch Technology returns is essential to provide solid investment advice for Wetouch Technology.
| Mean Return | 0.10 | Value At Risk | -8.24 | Potential Upside | 7.64 | Standard Deviation | 7.34 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Wetouch Technology 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.
Wetouch Technology 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 Wetouch Technology or Real Estate 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 Wetouch Technology's price will be affected by overall otc 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 Wetouch otc'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 | -0.14 | |
σ | Overall volatility | 7.41 | |
Ir | Information ratio | -0.0011 |
Wetouch Technology Volatility Alert
Wetouch Technology Common is displaying above-average volatility over the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Wetouch Technology's otc stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Wetouch Technology's otc 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.Wetouch Technology Fundamentals Vs Peers
Comparing Wetouch Technology'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 Wetouch Technology's direct or indirect competition across all of the common fundamentals between Wetouch Technology and the related equities. This way, we can detect undervalued stocks with similar characteristics as Wetouch Technology or determine the otc stocks which would be an excellent addition to an existing portfolio. Peer analysis of Wetouch Technology's fundamental indicators could also be used in its relative valuation, which is a method of valuing Wetouch Technology by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Wetouch Technology to competition |
| Fundamentals | Wetouch Technology | Peer Average |
| Return On Equity | 0.15 | -0.31 |
| Return On Asset | 0.11 | -0.14 |
| Profit Margin | 0.24 % | (1.27) % |
| Operating Margin | 0.33 % | (5.51) % |
| Current Valuation | 4.35 M | 16.62 B |
| Shares Owned By Insiders | 5.09 % | 10.09 % |
| Price To Earning | 0.75 X | 28.72 X |
| Revenue | 40.79 M | 9.43 B |
| Gross Profit | 18.43 M | 27.38 B |
| EBITDA | 22.2 M | 3.9 B |
| Net Income | 17.39 M | 570.98 M |
| Cash And Equivalents | 45.15 M | 2.7 B |
| Cash Per Share | 1.41 X | 5.01 X |
| Total Debt | 1.99 M | 5.32 B |
| Debt To Equity | 0.03 % | 48.70 % |
| Current Ratio | 10.15 X | 2.16 X |
| Book Value Per Share | 1.96 X | 1.93 K |
| Cash Flow From Operations | 14.05 M | 971.22 M |
| Earnings Per Share | 0.36 X | 3.12 X |
| Number Of Employees | 126 | 18.84 K |
| Beta | -0.57 | -0.15 |
| Total Asset | 68.68 M | 29.47 B |
| Net Asset | 68.68 M |
Wetouch Technology Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Wetouch . 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 Wetouch Technology Buy or Sell Advice
When is the right time to buy or sell Wetouch Technology Common? Buying financial instruments such as Wetouch OTC 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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In addition to having Wetouch Technology 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?
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Other Information on Investing in Wetouch OTC Stock
Wetouch Technology financial ratios help investors to determine whether Wetouch OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Wetouch with respect to the benefits of owning Wetouch Technology security.