Yang Ming (Taiwan) Buy Hold or Sell Recommendation

2609 Stock  TWD 74.20  0.20  0.27%   
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Yang Ming Marine is 'Hold'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Yang Ming Marine given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Yang Ming Marine, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Yang Ming 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 Yang and provide practical buy, sell, or hold advice based on investors' constraints. Yang Ming Marine. 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 Yang Ming Buy or Sell Advice

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

Time Horizon

Risk Tolerance

Execute Advice
Sell Yang MingBuy Yang Ming
Hold

Market Performance

Very WeakDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Barely shadows the marketDetails

Analyst Consensus

Not AvailableDetails

Reporting Quality (M-Score)

InapplicableDetails
For the selected time horizon Yang Ming Marine has a Risk Adjusted Performance of 0.0141, Jensen Alpha of 0.0284, Total Risk Alpha of 0.2769, Sortino Ratio of 0.064 and Treynor Ratio of 0.0592
Macroaxis provides unbiased trade advice on Yang Ming that should be used to complement current analysts and expert consensus on Yang Ming Marine. Our recommendation engine determines the company's potential to grow exclusively from the perspective of an investors' current risk tolerance and investing horizon. To make sure Yang Ming Marine is not overpriced, please check out all Yang Ming Marine fundamentals, including its current valuation, shares owned by insiders, price to earning, as well as the relationship between the shares outstanding and shares owned by institutions .

Yang Ming Trading Alerts and Improvement Suggestions

Yang Ming Marine generated a negative expected return over the last 90 days
Yang Ming Marine has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
Yang Ming Marine has accumulated 15.89 B in total debt with debt to equity ratio (D/E) of 518.1, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Yang Ming Marine has a current ratio of 0.59, 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 Yang Ming until it has trouble settling it off, either with new capital or with free cash flow. So, Yang Ming'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 Yang Ming Marine sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Yang to invest in growth at high rates of return. When we think about Yang Ming's use of debt, we should always consider it together with cash and equity.
About 19.0% of Yang Ming shares are owned by insiders or employees

Yang Ming Returns Distribution Density

The distribution of Yang Ming's historical returns is an attempt to chart the uncertainty of Yang Ming's future price movements. The chart of the probability distribution of Yang Ming daily returns describes the distribution of returns around its average expected value. We use Yang Ming Marine price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Yang Ming returns is essential to provide solid investment advice for Yang Ming.
Mean Return
0.02
Value At Risk
-2.51
Potential Upside
3.00
Standard Deviation
2.13
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Yang Ming 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.

Yang Ming 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 Yang Ming or Marine 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 Yang Ming'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 Yang 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
0.03
β
Beta against Dow Jones0.17
σ
Overall volatility
1.74
Ir
Information ratio 0.06

Yang Ming Volatility Alert

Yang Ming Marine has relatively low volatility with skewness of 1.23 and kurtosis of 6.8. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Yang Ming'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 Yang Ming'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.

Yang Ming Fundamentals Vs Peers

Comparing Yang Ming'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 Yang Ming's direct or indirect competition across all of the common fundamentals between Yang Ming and the related equities. This way, we can detect undervalued stocks with similar characteristics as Yang Ming or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Yang Ming's fundamental indicators could also be used in its relative valuation, which is a method of valuing Yang Ming by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Yang Ming to competition
FundamentalsYang MingPeer Average
Return On Equity0.87-0.31
Return On Asset0.41-0.14
Profit Margin0.53 %(1.27) %
Operating Margin0.65 %(5.51) %
Current Valuation8.54 B16.62 B
Shares Outstanding3.49 B571.82 M
Shares Owned By Insiders19.48 %10.09 %
Shares Owned By Institutions25.35 %39.21 %
Price To Earning(1.74) X28.72 X
Price To Book0.66 X9.51 X
Price To Sales0.54 X11.42 X
Revenue333.69 B9.43 B
Gross Profit212.54 B27.38 B
EBITDA222.46 B3.9 B
Net Income165.27 B570.98 M
Cash And Equivalents17.52 B2.7 B
Cash Per Share7.54 X5.01 X
Total Debt15.89 B5.32 B
Debt To Equity518.10 %48.70 %
Current Ratio0.60 X2.16 X
Book Value Per Share94.82 X1.93 K
Cash Flow From Operations209.57 B971.22 M
Earnings Per Share61.71 X3.12 X
Price To Earnings To Growth0.19 X4.89 X
Target Price83.5
Number Of Employees6018.84 K
Beta1.84-0.15
Market Capitalization206.03 B19.03 B
Total Asset384.42 B29.47 B
Retained Earnings(7.71 B)9.33 B
Working Capital(13.05 B)1.48 B
Current Asset29.5 B9.34 B
Current Liabilities42.55 B7.9 B

Yang Ming Market Momentum

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

When is the right time to buy or sell Yang Ming Marine? Buying financial instruments such as Yang 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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In addition to having Yang Ming 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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Medical Equipment Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Medical Equipment theme has 61 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 Medical Equipment Theme or any other thematic opportunities.
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Additional Tools for Yang Stock Analysis

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