Wave Electronics (Korea) Buy Hold or Sell Recommendation
| 095270 Stock | KRW 4,335 65.00 1.52% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Wave Electronics Co is 'Strong Hold'. Macroaxis provides Wave Electronics buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding 095270 positions.
Check out Wave Electronics 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 Wave and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Wave Electronics 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.
Wave |
Execute Wave Electronics Buy or Sell Advice
The Wave recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Wave Electronics Co. Macroaxis does not own or have any residual interests in Wave Electronics Co or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Wave Electronics' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Modest | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Wave Electronics Trading Alerts and Improvement Suggestions
| Wave Electronics Co has accumulated 465.35 M in total debt with debt to equity ratio (D/E) of 3.65, implying the company greatly relies on financing operations through barrowing. Wave Electronics has a current ratio of 0.75, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Wave Electronics until it has trouble settling it off, either with new capital or with free cash flow. So, Wave Electronics' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Wave Electronics sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Wave to invest in growth at high rates of return. When we think about Wave Electronics' use of debt, we should always consider it together with cash and equity. | |
| Wave Electronics Co has accumulated about 51.85 B in cash with (15.52 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 817.91. | |
| Roughly 20.0% of Wave Electronics shares are owned by insiders or employees |
Wave Electronics Returns Distribution Density
The distribution of Wave Electronics' historical returns is an attempt to chart the uncertainty of Wave Electronics' future price movements. The chart of the probability distribution of Wave Electronics daily returns describes the distribution of returns around its average expected value. We use Wave Electronics Co price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Wave Electronics returns is essential to provide solid investment advice for Wave Electronics.
| Mean Return | 0.22 | Value At Risk | -3.56 | Potential Upside | 5.17 | Standard Deviation | 3.03 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Wave Electronics 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.
Wave Electronics 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 Wave Electronics 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 Wave Electronics' 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 Wave 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 | 0.22 | |
β | Beta against Dow Jones | 0.07 | |
σ | Overall volatility | 2.99 | |
Ir | Information ratio | 0.11 |
Wave Electronics Volatility Alert
Wave Electronics Co currently demonstrates below-average downside deviation. It has Information Ratio of 0.11 and Jensen Alpha of 0.22. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Wave Electronics' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Wave Electronics' 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.Wave Electronics Fundamentals Vs Peers
Comparing Wave Electronics' 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 Wave Electronics' direct or indirect competition across all of the common fundamentals between Wave Electronics and the related equities. This way, we can detect undervalued stocks with similar characteristics as Wave Electronics or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Wave Electronics' fundamental indicators could also be used in its relative valuation, which is a method of valuing Wave Electronics by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Wave Electronics to competition |
| Fundamentals | Wave Electronics | Peer Average |
| Return On Equity | 1.6 | -0.31 |
| Return On Asset | -0.1 | -0.14 |
| Profit Margin | 1.12 % | (1.27) % |
| Operating Margin | (0.42) % | (5.51) % |
| Current Valuation | 97.74 B | 16.62 B |
| Shares Outstanding | 10.3 M | 571.82 M |
| Shares Owned By Insiders | 19.57 % | 10.09 % |
| Price To Sales | 1.32 X | 11.42 X |
| Revenue | 47.47 B | 9.43 B |
| Gross Profit | 11.64 B | 27.38 B |
| EBITDA | (12.32 B) | 3.9 B |
| Net Income | 58.02 B | 570.98 M |
| Cash And Equivalents | 51.85 B | 2.7 B |
| Cash Per Share | 817.91 X | 5.01 X |
| Total Debt | 465.35 M | 5.32 B |
| Debt To Equity | 3.65 % | 48.70 % |
| Current Ratio | 0.77 X | 2.16 X |
| Cash Flow From Operations | (15.52 B) | 971.22 M |
| Number Of Employees | 99 | 18.84 K |
| Beta | 0.97 | -0.15 |
| Market Capitalization | 50.7 B | 19.03 B |
| Total Asset | 98.2 B | 29.47 B |
| Retained Earnings | (8.43 B) | 9.33 B |
| Working Capital | (3.63 B) | 1.48 B |
| Current Asset | 18.81 B | 9.34 B |
| Current Liabilities | 22.44 B | 7.9 B |
| Z Score | 64.8 | 8.72 |
| Net Asset | 98.2 B |
Wave Electronics Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Wave . 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 Wave Electronics Buy or Sell Advice
When is the right time to buy or sell Wave Electronics Co? Buying financial instruments such as Wave 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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Other Information on Investing in Wave Stock
Wave Electronics financial ratios help investors to determine whether Wave 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 Wave with respect to the benefits of owning Wave Electronics security.