Cathay Chemical (Taiwan) Buy Hold or Sell Recommendation
| 1713 Stock | TWD 47.45 0.35 0.73% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Cathay Chemical Works is 'Cautious Hold'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Cathay Chemical Works given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Cathay Chemical Works, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Cathay Chemical 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 Cathay and provide practical buy, sell, or hold advice based on investors' constraints. Cathay Chemical Works. 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.
Cathay |
Execute Cathay Chemical Buy or Sell Advice
The Cathay recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Cathay Chemical Works. Macroaxis does not own or have any residual interests in Cathay Chemical Works or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Cathay Chemical'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 | Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Cathay Chemical Trading Alerts and Improvement Suggestions
| Cathay Chemical generated a negative expected return over the last 90 days | |
| Cathay Chemical Works has accumulated about 686.07 M in cash with (75.18 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.55. | |
| Roughly 62.0% of the company shares are owned by insiders or employees |
Cathay Chemical Returns Distribution Density
The distribution of Cathay Chemical's historical returns is an attempt to chart the uncertainty of Cathay Chemical's future price movements. The chart of the probability distribution of Cathay Chemical daily returns describes the distribution of returns around its average expected value. We use Cathay Chemical Works price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Cathay Chemical returns is essential to provide solid investment advice for Cathay Chemical.
| Mean Return | -0.17 | Value At Risk | -1.64 | Potential Upside | 1.15 | Standard Deviation | 0.88 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Cathay Chemical 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.
Cathay Chemical 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 Cathay Chemical or Chemicals 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 Cathay Chemical'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 Cathay 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 | -0.2 | |
β | Beta against Dow Jones | 0.17 | |
σ | Overall volatility | 0.90 | |
Ir | Information ratio | -0.32 |
Cathay Chemical Volatility Alert
Cathay Chemical Works exhibits very low volatility with skewness of -0.45 and kurtosis of 0.2. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Cathay Chemical'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 Cathay Chemical'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.Cathay Chemical Fundamentals Vs Peers
Comparing Cathay Chemical'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 Cathay Chemical's direct or indirect competition across all of the common fundamentals between Cathay Chemical and the related equities. This way, we can detect undervalued stocks with similar characteristics as Cathay Chemical or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Cathay Chemical's fundamental indicators could also be used in its relative valuation, which is a method of valuing Cathay Chemical by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Cathay Chemical to competition |
| Fundamentals | Cathay Chemical | Peer Average |
| Return On Equity | 0.1 | -0.31 |
| Return On Asset | 0.0045 | -0.14 |
| Profit Margin | 0.38 % | (1.27) % |
| Operating Margin | 0.03 % | (5.51) % |
| Current Valuation | 3.57 B | 16.62 B |
| Shares Outstanding | 150.95 M | 571.82 M |
| Shares Owned By Insiders | 61.57 % | 10.09 % |
| Shares Owned By Institutions | 0.28 % | 39.21 % |
| Price To Earning | 27.59 X | 28.72 X |
| Price To Book | 1.52 X | 9.51 X |
| Price To Sales | 5.80 X | 11.42 X |
| Revenue | 624.6 M | 9.43 B |
| Gross Profit | 87.98 M | 27.38 B |
| EBITDA | 40.35 M | 3.9 B |
| Net Income | 157.49 M | 570.98 M |
| Cash And Equivalents | 686.07 M | 2.7 B |
| Cash Per Share | 4.55 X | 5.01 X |
| Current Ratio | 27.02 X | 2.16 X |
| Book Value Per Share | 16.59 X | 1.93 K |
| Cash Flow From Operations | (75.18 M) | 971.22 M |
| Earnings Per Share | 1.64 X | 3.12 X |
| Number Of Employees | 90 | 18.84 K |
| Beta | 0.25 | -0.15 |
| Market Capitalization | 3.8 B | 19.03 B |
| Total Asset | 2.58 B | 29.47 B |
| Retained Earnings | 729 M | 9.33 B |
| Working Capital | 929 M | 1.48 B |
| Current Asset | 969 M | 9.34 B |
| Current Liabilities | 40 M | 7.9 B |
| Annual Yield | 0.03 % | |
| Five Year Return | 2.97 % | |
| Net Asset | 2.58 B | |
| Last Dividend Paid | 0.85 |
Cathay Chemical Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Cathay . 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 | 1679.3 | |||
| Daily Balance Of Power | (0.44) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 47.8 | |||
| Day Typical Price | 47.68 | |||
| Price Action Indicator | (0.52) | |||
| Period Momentum Indicator | (0.35) |
About Cathay Chemical Buy or Sell Advice
When is the right time to buy or sell Cathay Chemical Works? Buying financial instruments such as Cathay 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 Cathay Chemical 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?
Run Long/short ETFs Thematic Idea Now
Long/short ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Long/short ETFs theme has 24 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 Long/short ETFs Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for Cathay Stock Analysis
When running Cathay Chemical's price analysis, check to measure Cathay Chemical'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 Cathay Chemical is operating at the current time. Most of Cathay Chemical's value examination focuses on studying past and present price action to predict the probability of Cathay Chemical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cathay Chemical's price. Additionally, you may evaluate how the addition of Cathay Chemical to your portfolios can decrease your overall portfolio volatility.