Hong Ho (Taiwan) Buy Hold or Sell Recommendation

1446 Stock  TWD 43.80  0.60  1.35%   
Assuming the 90 days trading horizon and complete risk avoidance on your part, our recommendation regarding Hong Ho Precision is 'Strong Sell'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Hong Ho Precision given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Hong Ho Precision, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Hong Ho 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 Hong and provide practical buy, sell, or hold advice based on investors' constraints. Hong Ho Precision. 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 Hong Ho Buy or Sell Advice

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

Time Horizon

Risk Tolerance

Execute Advice
Sell Hong HoBuy Hong Ho
Strong Sell

Market Performance

Very WeakDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

UndervaluedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Slowly supersedes the marketDetails

Analyst Consensus

Not AvailableDetails

Reporting Quality (M-Score)

InapplicableDetails
For the selected time horizon Hong Ho Precision has a Mean Deviation of 2.07, Standard Deviation of 2.88 and Variance of 8.31
Hong Ho Precision investment recommendation module can be used to check and cross-verify current trade recommendations provided by analysts evaluating the entity's potential to grow using all of fundamental, technical, data market data available at the time. To make sure Hong Ho Precision is not overpriced, please check out all Hong Ho fundamentals, including its shares outstanding, price to earning, and the relationship between the current valuation and shares owned by insiders .

Hong Ho Trading Alerts and Improvement Suggestions

Hong Ho Precision generated a negative expected return over the last 90 days
The company reported the revenue of 193.23 M. Net Loss for the year was (17.16 M) with profit before overhead, payroll, taxes, and interest of 46.76 M.
Hong Ho Precision has accumulated about 198.11 M in cash with (319.78 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.44.
Roughly 57.0% of the company shares are owned by insiders or employees

Hong Ho Returns Distribution Density

The distribution of Hong Ho's historical returns is an attempt to chart the uncertainty of Hong Ho's future price movements. The chart of the probability distribution of Hong Ho daily returns describes the distribution of returns around its average expected value. We use Hong Ho Precision price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Hong Ho returns is essential to provide solid investment advice for Hong Ho.
Mean Return
-0.14
Value At Risk
-4.54
Potential Upside
4.69
Standard Deviation
2.88
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Hong Ho 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.

Hong Ho 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 Hong Ho 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 Hong Ho'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 Hong 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
-0.14
β
Beta against Dow Jones0.48
σ
Overall volatility
2.92
Ir
Information ratio -0.05

Hong Ho Volatility Alert

Hong Ho Precision exhibits very low volatility with skewness of -0.75 and kurtosis of 2.26. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Hong Ho'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 Hong Ho'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.

Hong Ho Fundamentals Vs Peers

Comparing Hong Ho'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 Hong Ho's direct or indirect competition across all of the common fundamentals between Hong Ho and the related equities. This way, we can detect undervalued stocks with similar characteristics as Hong Ho or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Hong Ho's fundamental indicators could also be used in its relative valuation, which is a method of valuing Hong Ho by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Hong Ho to competition
FundamentalsHong HoPeer Average
Return On Equity-0.0112-0.31
Return On Asset-0.0057-0.14
Profit Margin(0.11) %(1.27) %
Operating Margin(0.27) %(5.51) %
Current Valuation6.94 B16.62 B
Shares Outstanding137.71 M571.82 M
Shares Owned By Insiders56.92 %10.09 %
Price To Earning909.09 X28.72 X
Price To Book2.81 X9.51 X
Price To Sales27.79 X11.42 X
Revenue193.23 M9.43 B
Gross Profit46.76 M27.38 B
EBITDA2.48 M3.9 B
Net Income(17.16 M)570.98 M
Cash And Equivalents198.11 M2.7 B
Cash Per Share1.44 X5.01 X
Total Debt66.45 M5.32 B
Debt To Equity1.02 %48.70 %
Current Ratio1.53 X2.16 X
Book Value Per Share10.64 X1.93 K
Cash Flow From Operations(319.78 M)971.22 M
Earnings Per Share(0.30) X3.12 X
Target Price27.0
Number Of Employees918.84 K
Beta0.6-0.15
Market Capitalization4.31 B19.03 B
Total Asset4.34 B29.47 B
Retained Earnings130 M9.33 B
Working Capital1.31 B1.48 B
Current Asset3.11 B9.34 B
Current Liabilities1.8 B7.9 B
Z Score38.48.72
Annual Yield0.01 %

Hong Ho Market Momentum

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

When is the right time to buy or sell Hong Ho Precision? Buying financial instruments such as Hong 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 Hong Ho 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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Recreation
Recreation Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Recreation theme has 33 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 Recreation Theme or any other thematic opportunities.
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Additional Tools for Hong Stock Analysis

When running Hong Ho's price analysis, check to measure Hong Ho'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 Hong Ho is operating at the current time. Most of Hong Ho's value examination focuses on studying past and present price action to predict the probability of Hong Ho's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hong Ho's price. Additionally, you may evaluate how the addition of Hong Ho to your portfolios can decrease your overall portfolio volatility.