Tongding Interconnection (China) Buy Hold or Sell Recommendation
| 002491 Stock | 5.19 0.04 0.78% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Tongding Interconnection Information is 'Strong Sell'. Macroaxis provides Tongding Interconnection buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding 002491 positions.
Check out Tongding Interconnection 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 Tongding and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Tongding Interconnection Information. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Tongding |
Execute Tongding Interconnection Buy or Sell Advice
The Tongding recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Tongding Interconnection Information. Macroaxis does not own or have any residual interests in Tongding Interconnection Information or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Tongding Interconnection's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Modest | Details | |
Volatility | Unstable | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost neglects market trends | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Tongding Interconnection Trading Alerts and Improvement Suggestions
| Tongding Interconnection had very high historical volatility over the last 90 days | |
| About 45.0% of the company shares are owned by insiders or employees |
Tongding Interconnection Returns Distribution Density
The distribution of Tongding Interconnection's historical returns is an attempt to chart the uncertainty of Tongding Interconnection's future price movements. The chart of the probability distribution of Tongding Interconnection daily returns describes the distribution of returns around its average expected value. We use Tongding Interconnection Information price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Tongding Interconnection returns is essential to provide solid investment advice for Tongding Interconnection.
| Mean Return | 0.28 | Value At Risk | -8.01 | Potential Upside | 9.98 | Standard Deviation | 4.33 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Tongding Interconnection 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.
Tongding Interconnection 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 Tongding Interconnection or Communications Equipment 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 Tongding Interconnection'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 Tongding 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 | 0.24 | |
β | Beta against Dow Jones | -0.35 | |
σ | Overall volatility | 4.33 | |
Ir | Information ratio | 0.09 |
Tongding Interconnection Volatility Alert
Tongding Interconnection Information exhibits above-average semi-deviation for your current time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Tongding Interconnection'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 Tongding Interconnection'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.Tongding Interconnection Fundamentals Vs Peers
Comparing Tongding Interconnection'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 Tongding Interconnection's direct or indirect competition across all of the common fundamentals between Tongding Interconnection and the related equities. This way, we can detect undervalued stocks with similar characteristics as Tongding Interconnection or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Tongding Interconnection's fundamental indicators could also be used in its relative valuation, which is a method of valuing Tongding Interconnection by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Tongding Interconnection to competition |
| Fundamentals | Tongding Interconnection | Peer Average |
| Return On Equity | 0.0153 | -0.31 |
| Return On Asset | 0.0151 | -0.14 |
| Profit Margin | 0.01 % | (1.27) % |
| Operating Margin | 0.04 % | (5.51) % |
| Current Valuation | 6.64 B | 16.62 B |
| Shares Outstanding | 1.23 B | 571.82 M |
| Shares Owned By Insiders | 45.45 % | 10.09 % |
| Shares Owned By Institutions | 0.59 % | 39.21 % |
| Price To Book | 2.56 X | 9.51 X |
| Price To Sales | 2.14 X | 11.42 X |
| Revenue | 3.35 B | 9.43 B |
| Gross Profit | 571.66 M | 27.38 B |
| EBITDA | 226.93 M | 3.9 B |
| Net Income | 236.76 M | 570.98 M |
| Total Debt | 1.7 B | 5.32 B |
| Book Value Per Share | 2.01 X | 1.93 K |
| Cash Flow From Operations | 274.04 M | 971.22 M |
| Earnings Per Share | 0.03 X | 3.12 X |
| Target Price | 11.93 | |
| Number Of Employees | 2 K | 18.84 K |
| Beta | -0.27 | -0.15 |
| Market Capitalization | 6.33 B | 19.03 B |
| Total Asset | 5.89 B | 29.47 B |
| Retained Earnings | (104.29 M) | 9.33 B |
| Working Capital | 617.4 M | 1.48 B |
| Net Asset | 5.89 B |
Tongding Interconnection Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Tongding . 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.
| Accumulation Distribution | 246086.0 | |||
| Daily Balance Of Power | 0.5714 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 5.17 | |||
| Day Typical Price | 5.17 | |||
| Price Action Indicator | 0.045 | |||
| Period Momentum Indicator | 0.04 |
About Tongding Interconnection Buy or Sell Advice
When is the right time to buy or sell Tongding Interconnection Information? Buying financial instruments such as Tongding 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.
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Other Information on Investing in Tongding Stock
Tongding Interconnection financial ratios help investors to determine whether Tongding 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 Tongding with respect to the benefits of owning Tongding Interconnection security.