Shinkong Textile (Taiwan) Buy Hold or Sell Recommendation
| 1419 Stock | TWD 45.00 0.20 0.44% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Shinkong Textile Co is 'Cautious Hold'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Shinkong Textile Co given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Shinkong Textile Co, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Shinkong Textile 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. Note, we conduct extensive research on individual companies such as Shinkong and provide practical buy, sell, or hold advice based on investors' constraints. Shinkong Textile 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.
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Execute Shinkong Textile Buy or Sell Advice
The Shinkong recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Shinkong Textile Co. Macroaxis does not own or have any residual interests in Shinkong Textile Co or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Shinkong Textile's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Shinkong Textile Trading Alerts and Improvement Suggestions
| Shinkong Textile generated a negative expected return over the last 90 days | |
| Shinkong Textile Co has accumulated 2.62 B in total debt with debt to equity ratio (D/E) of 29.9, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Shinkong Textile has a current ratio of 0.74, 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 Shinkong Textile until it has trouble settling it off, either with new capital or with free cash flow. So, Shinkong Textile's 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 Shinkong Textile sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Shinkong to invest in growth at high rates of return. When we think about Shinkong Textile's use of debt, we should always consider it together with cash and equity. | |
| Shinkong Textile Co has accumulated about 1.44 B in cash with (62.11 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.81. | |
| Roughly 50.0% of Shinkong Textile shares are owned by insiders or employees |
Shinkong Textile Returns Distribution Density
The distribution of Shinkong Textile's historical returns is an attempt to chart the uncertainty of Shinkong Textile's future price movements. The chart of the probability distribution of Shinkong Textile daily returns describes the distribution of returns around its average expected value. We use Shinkong Textile Co price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Shinkong Textile returns is essential to provide solid investment advice for Shinkong Textile.
| Mean Return | -0.05 | Value At Risk | -1.74 | Potential Upside | 1.98 | Standard Deviation | 1.11 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Shinkong Textile 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.
Shinkong Textile 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 Shinkong Textile or Textiles, Apparel & Luxury Goods 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 Shinkong Textile'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 Shinkong 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 | -0.06 | |
β | Beta against Dow Jones | 0.12 | |
σ | Overall volatility | 1.11 | |
Ir | Information ratio | -0.1 |
Shinkong Textile Volatility Alert
Shinkong Textile Co exhibits very low volatility with skewness of 0.52 and kurtosis of -0.03. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Shinkong Textile'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 Shinkong Textile'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.Shinkong Textile Fundamentals Vs Peers
Comparing Shinkong Textile'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 Shinkong Textile's direct or indirect competition across all of the common fundamentals between Shinkong Textile and the related equities. This way, we can detect undervalued stocks with similar characteristics as Shinkong Textile or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Shinkong Textile's fundamental indicators could also be used in its relative valuation, which is a method of valuing Shinkong Textile by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Shinkong Textile to competition |
| Fundamentals | Shinkong Textile | Peer Average |
| Return On Equity | 0.19 | -0.31 |
| Return On Asset | 0.01 | -0.14 |
| Profit Margin | 0.61 % | (1.27) % |
| Operating Margin | 0.08 % | (5.51) % |
| Current Valuation | 12.52 B | 16.62 B |
| Shares Outstanding | 299.24 M | 571.82 M |
| Shares Owned By Insiders | 50.07 % | 10.09 % |
| Shares Owned By Institutions | 1.39 % | 39.21 % |
| Price To Earning | 37.08 X | 28.72 X |
| Price To Book | 1.04 X | 9.51 X |
| Price To Sales | 3.64 X | 11.42 X |
| Revenue | 2.75 B | 9.43 B |
| Gross Profit | 728.89 M | 27.38 B |
| EBITDA | 641.81 M | 3.9 B |
| Net Income | 450.89 M | 570.98 M |
| Cash And Equivalents | 1.44 B | 2.7 B |
| Cash Per Share | 4.81 X | 5.01 X |
| Total Debt | 2.62 B | 5.32 B |
| Debt To Equity | 29.90 % | 48.70 % |
| Current Ratio | 0.76 X | 2.16 X |
| Book Value Per Share | 38.24 X | 1.93 K |
| Cash Flow From Operations | (62.11 M) | 971.22 M |
| Earnings Per Share | 6.76 X | 3.12 X |
| Number Of Employees | 21 | 18.84 K |
| Beta | 0.24 | -0.15 |
| Market Capitalization | 12.15 B | 19.03 B |
| Total Asset | 16.14 B | 29.47 B |
| Retained Earnings | 1.75 B | 9.33 B |
| Working Capital | (1.63 B) | 1.48 B |
| Current Asset | 2.07 B | 9.34 B |
| Current Liabilities | 3.7 B | 7.9 B |
| Z Score | 2.4 | 8.72 |
| Annual Yield | 0.02 % |
Shinkong Textile Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Shinkong . 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 | 82.87 | |||
| Daily Balance Of Power | (0.80) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 45.13 | |||
| Day Typical Price | 45.08 | |||
| Price Action Indicator | (0.23) | |||
| Period Momentum Indicator | (0.20) |
About Shinkong Textile Buy or Sell Advice
When is the right time to buy or sell Shinkong Textile Co? Buying financial instruments such as Shinkong 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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Additional Tools for Shinkong Stock Analysis
When running Shinkong Textile's price analysis, check to measure Shinkong Textile's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Shinkong Textile is operating at the current time. Most of Shinkong Textile's value examination focuses on studying past and present price action to predict the probability of Shinkong Textile's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shinkong Textile's price. Additionally, you may evaluate how the addition of Shinkong Textile to your portfolios can decrease your overall portfolio volatility.