Formetal (Korea) Buy Hold or Sell Recommendation

119500 Stock  KRW 3,655  80.00  2.24%   
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Formetal Co is 'Hold'. Macroaxis provides Formetal buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Formetal positions.
  
Check out Formetal 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 Formetal and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Formetal 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 board of governors.

Execute Formetal Buy or Sell Advice

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

Time Horizon

Risk Tolerance

Execute Advice
Sell FormetalBuy Formetal
Hold

Market Performance

OKDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Slowly supersedes the marketDetails

Analyst Consensus

Not AvailableDetails

Reporting Quality (M-Score)

InapplicableDetails
For the selected time horizon Formetal Co has a Risk Adjusted Performance of 0.1382, Jensen Alpha of 0.7424, Total Risk Alpha of 1.29, Sortino Ratio of 0.2363 and Treynor Ratio of 1.73
Macroaxis provides advice on Formetal to complement and cross-verify current analyst consensus on Formetal Co. Our investment recommendation engine determines the company's potential to grow exclusively from the perspective of an investor's current risk tolerance and investing horizon. To make sure Formetal is not overpriced, please confirm all Formetal fundamentals, including its shares outstanding, price to sales, gross profit, as well as the relationship between the shares owned by insiders and revenue .

Formetal Trading Alerts and Improvement Suggestions

Formetal had very high historical volatility over the last 90 days
About 33.0% of the company shares are owned by insiders or employees

Formetal Returns Distribution Density

The distribution of Formetal's historical returns is an attempt to chart the uncertainty of Formetal's future price movements. The chart of the probability distribution of Formetal daily returns describes the distribution of returns around its average expected value. We use Formetal Co price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Formetal returns is essential to provide solid investment advice for Formetal.
Mean Return
0.71
Value At Risk
-5.93
Potential Upside
10.17
Standard Deviation
4.74
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Formetal 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.

Formetal 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 Formetal or Machinery 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 Formetal'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 Formetal 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
0.74
β
Beta against Dow Jones0.40
σ
Overall volatility
4.06
Ir
Information ratio 0.17

Formetal Volatility Alert

Formetal Co shows above-average downside volatility for the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Formetal'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 Formetal'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.

Formetal Fundamentals Vs Peers

Comparing Formetal'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 Formetal's direct or indirect competition across all of the common fundamentals between Formetal and the related equities. This way, we can detect undervalued stocks with similar characteristics as Formetal or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Formetal's fundamental indicators could also be used in its relative valuation, which is a method of valuing Formetal by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Formetal to competition
FundamentalsFormetalPeer Average
Return On Equity3.15-0.31
Return On Asset0.0192-0.14
Profit Margin0.03 %(1.27) %
Operating Margin0.03 %(5.51) %
Current Valuation65.99 B16.62 B
Shares Outstanding11.62 M571.82 M
Shares Owned By Insiders33.12 %10.09 %
Price To Sales0.74 X11.42 X
Revenue62.09 B9.43 B
Gross Profit5.71 B27.38 B
EBITDA4.33 B3.9 B
Net Income2.01 B570.98 M
Cash And Equivalents1.52 B2.7 B
Cash Per Share241.63 X5.01 X
Total Debt2.59 B5.32 B
Debt To Equity21.90 %48.70 %
Current Ratio1.60 X2.16 X
Cash Flow From Operations803.21 M971.22 M
Target Price7500.0
Number Of Employees1118.84 K
Beta1.65-0.15
Market Capitalization42.88 B19.03 B
Total Asset64.48 B29.47 B
Z Score9.68.72
Annual Yield0.03 %
Net Asset64.48 B

Formetal Market Momentum

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

When is the right time to buy or sell Formetal Co? Buying financial instruments such as Formetal 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 Formetal 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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Run Office Supplies Thematic Idea Now

Office Supplies
Office Supplies Theme
Companies producing and selling office supplies, and accessories. The Office Supplies theme has 45 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 Office Supplies Theme or any other thematic opportunities.
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Other Information on Investing in Formetal Stock

Formetal financial ratios help investors to determine whether Formetal 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 Formetal with respect to the benefits of owning Formetal security.