Western Securities (China) Buy Hold or Sell Recommendation
| 002673 Stock | 8.68 0.05 0.57% |
Assuming the 90 days trading horizon and complete risk avoidance on your part, our recommendation regarding Western Securities Co is 'Strong Sell'. Macroaxis provides Western Securities buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding 002673 positions.
Check out Western Securities 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 Western and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Western Securities 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 nation.
Western |
Execute Western Securities Buy or Sell Advice
The Western recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Western Securities Co. Macroaxis does not own or have any residual interests in Western Securities Co or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Western Securities' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Good | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Responds to the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Western Securities Trading Alerts and Improvement Suggestions
| Western Securities appears to be risky and price may revert if volatility continues | |
| Western Securities is unlikely to experience financial distress in the next 2 years | |
| About 51.0% of the company shares are owned by insiders or employees |
Western Securities Returns Distribution Density
The distribution of Western Securities' historical returns is an attempt to chart the uncertainty of Western Securities' future price movements. The chart of the probability distribution of Western Securities daily returns describes the distribution of returns around its average expected value. We use Western Securities Co price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Western Securities returns is essential to provide solid investment advice for Western Securities.
| Mean Return | 0.53 | Value At Risk | -3.27 | Potential Upside | 10.01 | Standard Deviation | 3.75 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Western Securities 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.
Western Securities Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Capital Expenditures | 89.2M | 108.9M | 197.6M | 198.5M | 231.2M | 242.8M | |
| Net Income | 610.2M | 1.1B | 1.4B | 428.1M | 1.2B | 835.2M | |
| Investments | 2.2M | (110.1M) | (196.2M) | (105.2M) | (147.2M) | (154.6M) | |
| Change In Cash | 2.4B | 10.0B | (6.2B) | (692.7M) | (1.7B) | (1.6B) | |
| Net Borrowings | (3.3B) | (180.3M) | 4.1B | 8.4B | 9.6B | 10.1B | |
| Depreciation | 74.5M | 68.8M | 146.0M | 217.2M | 220.3M | 117.3M | |
| Dividends Paid | 338.0M | 375.1M | 621.5M | 938.1M | 766.1M | 721.9M | |
| Change To Netincome | 737.7M | 662.0M | 227.4M | 193.1M | 173.8M | 165.1M | |
| End Period Cash Flow | 14.8B | 24.8B | 18.6B | 17.9B | 16.2B | 18.8B | |
| Change To Inventory | 20.4M | (158.9M) | 6.6M | (130.7M) | 19.7M | 20.7M | |
| Free Cash Flow | 2.9B | (1.2B) | (13.9B) | (4.9B) | 19.5M | 20.5M | |
| Other Non Cash Items | (473.7M) | (50.9M) | 422.1M | 662.0M | 668.9M | 702.3M |
Western Securities 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 Western Securities or Capital Markets 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 Western Securities' 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 Western 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 | 0.52 | |
β | Beta against Dow Jones | 0.02 | |
σ | Overall volatility | 3.94 | |
Ir | Information ratio | 0.13 |
Western Securities Volatility Alert
Western Securities Co currently demonstrates below-average downside deviation. It has Information Ratio of 0.13 and Jensen Alpha of 0.52. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Western Securities' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Western Securities' 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.Western Securities Fundamentals Vs Peers
Comparing Western Securities' 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 Western Securities' direct or indirect competition across all of the common fundamentals between Western Securities and the related equities. This way, we can detect undervalued stocks with similar characteristics as Western Securities or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Western Securities' fundamental indicators could also be used in its relative valuation, which is a method of valuing Western Securities by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Western Securities to competition |
| Fundamentals | Western Securities | Peer Average |
| Return On Equity | 0.0371 | -0.31 |
| Return On Asset | 0.0109 | -0.14 |
| Profit Margin | 0.18 % | (1.27) % |
| Operating Margin | 0.06 % | (5.51) % |
| Current Valuation | 2.1 B | 16.62 B |
| Shares Outstanding | 4.47 B | 571.82 M |
| Shares Owned By Insiders | 51.43 % | 10.09 % |
| Shares Owned By Institutions | 6.45 % | 39.21 % |
| Price To Book | 1.38 X | 9.51 X |
| Price To Sales | 6.93 X | 11.42 X |
| Revenue | 6.89 B | 9.43 B |
| Gross Profit | 4.31 B | 27.38 B |
| Net Income | 1.17 B | 570.98 M |
| Total Debt | 68.1 B | 5.32 B |
| Book Value Per Share | 6.32 X | 1.93 K |
| Cash Flow From Operations | 250.71 M | 971.22 M |
| Earnings Per Share | 0.23 X | 3.12 X |
| Target Price | 9.0 | |
| Number Of Employees | 3.32 K | 18.84 K |
| Beta | 0.84 | -0.15 |
| Market Capitalization | 38.8 B | 19.03 B |
| Total Asset | 96.22 B | 29.47 B |
| Retained Earnings | 3.29 B | 9.33 B |
| Annual Yield | 0 % | |
| Net Asset | 96.22 B | |
| Last Dividend Paid | 0.1 |
Western Securities Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Western . 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 | 998384.0 | |||
| Daily Balance Of Power | (0.33) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 8.73 | |||
| Day Typical Price | 8.71 | |||
| Price Action Indicator | (0.07) | |||
| Period Momentum Indicator | (0.05) |
About Western Securities Buy or Sell Advice
When is the right time to buy or sell Western Securities Co? Buying financial instruments such as Western 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 Western Securities 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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Domestic and international airlines and airline services. The Airlines theme has 39 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 Airlines Theme or any other thematic opportunities.
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Other Information on Investing in Western Stock
Western Securities financial ratios help investors to determine whether Western 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 Western with respect to the benefits of owning Western Securities security.