Formosan Rubber (Taiwan) Buy Hold or Sell Recommendation
| 2107 Stock | TWD 25.90 0.25 0.96% |
Assuming the 90 days trading horizon and your typical level of risk aversion, our recommendation regarding Formosan Rubber Group is 'Cautious Hold'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Formosan Rubber Group given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Formosan Rubber Group, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Formosan Rubber 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 Formosan and provide practical buy, sell, or hold advice based on investors' constraints. Formosan Rubber Group. 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.
Formosan |
Execute Formosan Rubber Buy or Sell Advice
The Formosan recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Formosan Rubber Group. Macroaxis does not own or have any residual interests in Formosan Rubber Group or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Formosan Rubber'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 |
Formosan Rubber Trading Alerts and Improvement Suggestions
| Formosan Rubber generated a negative expected return over the last 90 days | |
| About 36.0% of the company shares are owned by insiders or employees |
Formosan Rubber Returns Distribution Density
The distribution of Formosan Rubber's historical returns is an attempt to chart the uncertainty of Formosan Rubber's future price movements. The chart of the probability distribution of Formosan Rubber daily returns describes the distribution of returns around its average expected value. We use Formosan Rubber Group price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Formosan Rubber returns is essential to provide solid investment advice for Formosan Rubber.
| Mean Return | 0.01 | Value At Risk | -0.97 | Potential Upside | 0.96 | Standard Deviation | 0.52 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Formosan Rubber 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.
Formosan Rubber 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 Formosan Rubber 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 Formosan Rubber'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 Formosan 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 | -0.0033 | |
β | Beta against Dow Jones | 0.04 | |
σ | Overall volatility | 0.53 | |
Ir | Information ratio | -0.17 |
Formosan Rubber Volatility Alert
Formosan Rubber Group exhibits relatively low volatility with skewness of -0.12 and kurtosis of 0.34. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Formosan Rubber'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 Formosan Rubber'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.Formosan Rubber Fundamentals Vs Peers
Comparing Formosan Rubber'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 Formosan Rubber's direct or indirect competition across all of the common fundamentals between Formosan Rubber and the related equities. This way, we can detect undervalued stocks with similar characteristics as Formosan Rubber or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Formosan Rubber's fundamental indicators could also be used in its relative valuation, which is a method of valuing Formosan Rubber by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Formosan Rubber to competition |
| Fundamentals | Formosan Rubber | Peer Average |
| Return On Equity | 0.0773 | -0.31 |
| Return On Asset | 0.0226 | -0.14 |
| Profit Margin | 0.41 % | (1.27) % |
| Operating Margin | 0.22 % | (5.51) % |
| Current Valuation | 1.73 B | 16.62 B |
| Shares Outstanding | 337.33 M | 571.82 M |
| Shares Owned By Insiders | 35.79 % | 10.09 % |
| Shares Owned By Institutions | 5.95 % | 39.21 % |
| Price To Earning | 18.10 X | 28.72 X |
| Price To Book | 0.62 X | 9.51 X |
| Price To Sales | 3.32 X | 11.42 X |
| Revenue | 2.79 B | 9.43 B |
| Gross Profit | 883.66 M | 27.38 B |
| EBITDA | 935.16 M | 3.9 B |
| Net Income | 777.96 M | 570.98 M |
| Cash And Equivalents | 3.74 B | 2.7 B |
| Cash Per Share | 10.69 X | 5.01 X |
| Total Debt | 2.02 B | 5.32 B |
| Debt To Equity | 19.00 % | 48.70 % |
| Current Ratio | 3.46 X | 2.16 X |
| Book Value Per Share | 35.20 X | 1.93 K |
| Cash Flow From Operations | 1.73 B | 971.22 M |
| Earnings Per Share | 2.65 X | 3.12 X |
| Target Price | 42.0 | |
| Number Of Employees | 17 | 18.84 K |
| Beta | 0.66 | -0.15 |
| Market Capitalization | 7.4 B | 19.03 B |
| Total Asset | 13.12 B | 29.47 B |
| Retained Earnings | 6.77 B | 9.33 B |
| Working Capital | 7.76 B | 1.48 B |
| Current Asset | 10.11 B | 9.34 B |
| Current Liabilities | 2.35 B | 7.9 B |
| Z Score | 1.8 | 8.72 |
Formosan Rubber Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Formosan . 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 Formosan Rubber Buy or Sell Advice
When is the right time to buy or sell Formosan Rubber Group? Buying financial instruments such as Formosan 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 Formosan Stock Analysis
When running Formosan Rubber's price analysis, check to measure Formosan Rubber'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 Formosan Rubber is operating at the current time. Most of Formosan Rubber's value examination focuses on studying past and present price action to predict the probability of Formosan Rubber's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Formosan Rubber's price. Additionally, you may evaluate how the addition of Formosan Rubber to your portfolios can decrease your overall portfolio volatility.