National Aerospace (Taiwan) Buy Hold or Sell Recommendation
| 3004 Stock | TWD 89.80 0.10 0.11% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding National Aerospace Fasteners is 'Hold'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell National Aerospace Fasteners given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for National Aerospace Fasteners, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out National Aerospace 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 National and provide practical buy, sell, or hold advice based on investors' constraints. National Aerospace Fasteners. 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.
National |
Execute National Aerospace Buy or Sell Advice
The National recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on National Aerospace Fasteners. Macroaxis does not own or have any residual interests in National Aerospace Fasteners or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute National Aerospace's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
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 | Slowly supersedes the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
National Aerospace Trading Alerts and Improvement Suggestions
| National Aerospace generated a negative expected return over the last 90 days | |
| National Aerospace has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company reported the revenue of 1.43 B. Net Loss for the year was (96.73 M) with profit before overhead, payroll, taxes, and interest of 166.09 M. | |
| About 50.0% of the company shares are owned by insiders or employees |
National Aerospace Returns Distribution Density
The distribution of National Aerospace's historical returns is an attempt to chart the uncertainty of National Aerospace's future price movements. The chart of the probability distribution of National Aerospace daily returns describes the distribution of returns around its average expected value. We use National Aerospace Fasteners price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of National Aerospace returns is essential to provide solid investment advice for National Aerospace.
| Mean Return | -0.03 | Value At Risk | -1.67 | Potential Upside | 1.30 | Standard Deviation | 1.12 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of National Aerospace 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.
National Aerospace 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 National Aerospace or Machinery 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 National Aerospace'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 National 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 | -0.05 | |
β | Beta against Dow Jones | 0.39 | |
σ | Overall volatility | 1.12 | |
Ir | Information ratio | -0.06 |
National Aerospace Volatility Alert
National Aerospace Fasteners exhibits very low volatility with skewness of 1.38 and kurtosis of 7.19. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure National Aerospace'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 National Aerospace'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.National Aerospace Fundamentals Vs Peers
Comparing National Aerospace'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 National Aerospace's direct or indirect competition across all of the common fundamentals between National Aerospace and the related equities. This way, we can detect undervalued stocks with similar characteristics as National Aerospace or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of National Aerospace's fundamental indicators could also be used in its relative valuation, which is a method of valuing National Aerospace by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare National Aerospace to competition |
| Fundamentals | National Aerospace | Peer Average |
| Return On Equity | 0.0475 | -0.31 |
| Return On Asset | 0.0113 | -0.14 |
| Profit Margin | 0.04 % | (1.27) % |
| Operating Margin | 0.04 % | (5.51) % |
| Current Valuation | 5.82 B | 16.62 B |
| Shares Outstanding | 52.65 M | 571.82 M |
| Shares Owned By Insiders | 49.53 % | 10.09 % |
| Shares Owned By Institutions | 7.60 % | 39.21 % |
| Price To Earning | 14.89 X | 28.72 X |
| Price To Book | 2.09 X | 9.51 X |
| Price To Sales | 1.94 X | 11.42 X |
| Revenue | 1.43 B | 9.43 B |
| Gross Profit | 166.09 M | 27.38 B |
| EBITDA | 184.46 M | 3.9 B |
| Net Income | (96.73 M) | 570.98 M |
| Cash And Equivalents | 120.78 M | 2.7 B |
| Cash Per Share | 2.29 X | 5.01 X |
| Total Debt | 1.81 B | 5.32 B |
| Debt To Equity | 125.10 % | 48.70 % |
| Current Ratio | 1.24 X | 2.16 X |
| Book Value Per Share | 35.59 X | 1.93 K |
| Cash Flow From Operations | 73.55 M | 971.22 M |
| Earnings Per Share | 1.62 X | 3.12 X |
| Number Of Employees | 11 | 18.84 K |
| Beta | 0.75 | -0.15 |
| Market Capitalization | 4.27 B | 19.03 B |
| Total Asset | 4.31 B | 29.47 B |
| Retained Earnings | 473 M | 9.33 B |
| Working Capital | 61 M | 1.48 B |
| Current Asset | 777 M | 9.34 B |
| Current Liabilities | 716 M | 7.9 B |
| Z Score | 1.2 | 8.72 |
| Annual Yield | 0.01 % |
National Aerospace Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as National . 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 National Aerospace Buy or Sell Advice
When is the right time to buy or sell National Aerospace Fasteners? Buying financial instruments such as National 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 National Aerospace 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
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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.
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Additional Tools for National Stock Analysis
When running National Aerospace's price analysis, check to measure National Aerospace'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 National Aerospace is operating at the current time. Most of National Aerospace's value examination focuses on studying past and present price action to predict the probability of National Aerospace's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move National Aerospace's price. Additionally, you may evaluate how the addition of National Aerospace to your portfolios can decrease your overall portfolio volatility.