Bright Led (Taiwan) Buy Hold or Sell Recommendation
| 3031 Stock | TWD 22.95 0.70 2.96% |
Assuming the 90 days trading horizon and your typical level of risk aversion, our recommendation regarding Bright Led Electronics is 'Strong Sell'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Bright Led Electronics given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Bright Led Electronics, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Bright Led 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 Bright and provide practical buy, sell, or hold advice based on investors' constraints. Bright Led Electronics. 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.
Bright |
Execute Bright Led Buy or Sell Advice
The Bright recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Bright Led Electronics. Macroaxis does not own or have any residual interests in Bright Led Electronics or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Bright Led's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Weak | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves slightly opposite to the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Bright Led Trading Alerts and Improvement Suggestions
| About 56.0% of the company shares are owned by insiders or employees |
Bright Led Returns Distribution Density
The distribution of Bright Led's historical returns is an attempt to chart the uncertainty of Bright Led's future price movements. The chart of the probability distribution of Bright Led daily returns describes the distribution of returns around its average expected value. We use Bright Led Electronics price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Bright Led returns is essential to provide solid investment advice for Bright Led.
| Mean Return | 0.17 | Value At Risk | -3.53 | Potential Upside | 4.63 | Standard Deviation | 2.52 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Bright Led 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.
Bright Led 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 Bright Led or Semiconductors & Semiconductor Equipment 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 Bright Led'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 Bright 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 | 0.11 | |
β | Beta against Dow Jones | -0.72 | |
σ | Overall volatility | 2.43 | |
Ir | Information ratio | 0.09 |
Bright Led Volatility Alert
Bright Led Electronics currently demonstrates below-average downside deviation. It has Information Ratio of 0.09 and Jensen Alpha of 0.11. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Bright Led'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 Bright Led'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.Bright Led Fundamentals Vs Peers
Comparing Bright Led'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 Bright Led's direct or indirect competition across all of the common fundamentals between Bright Led and the related equities. This way, we can detect undervalued stocks with similar characteristics as Bright Led or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Bright Led's fundamental indicators could also be used in its relative valuation, which is a method of valuing Bright Led by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Bright Led to competition |
| Fundamentals | Bright Led | Peer Average |
| Return On Equity | 0.0607 | -0.31 |
| Return On Asset | 0.0218 | -0.14 |
| Profit Margin | 0.12 % | (1.27) % |
| Operating Margin | 0.08 % | (5.51) % |
| Current Valuation | 1.81 B | 16.62 B |
| Shares Outstanding | 173.2 M | 571.82 M |
| Shares Owned By Insiders | 56.31 % | 10.09 % |
| Shares Owned By Institutions | 1.15 % | 39.21 % |
| Price To Earning | 21.18 X | 28.72 X |
| Price To Book | 0.95 X | 9.51 X |
| Price To Sales | 1.77 X | 11.42 X |
| Revenue | 1.53 B | 9.43 B |
| Gross Profit | 439.57 M | 27.38 B |
| EBITDA | 382.2 M | 3.9 B |
| Net Income | 249.23 M | 570.98 M |
| Cash And Equivalents | 897.69 M | 2.7 B |
| Cash Per Share | 4.81 X | 5.01 X |
| Total Debt | 168.44 M | 5.32 B |
| Debt To Equity | 5.80 % | 48.70 % |
| Current Ratio | 3.70 X | 2.16 X |
| Book Value Per Share | 16.73 X | 1.93 K |
| Cash Flow From Operations | 163.44 M | 971.22 M |
| Earnings Per Share | 1.05 X | 3.12 X |
| Target Price | 29.0 | |
| Number Of Employees | 14 | 18.84 K |
| Beta | 0.65 | -0.15 |
| Market Capitalization | 2.7 B | 19.03 B |
| Total Asset | 3.67 B | 29.47 B |
| Retained Earnings | 387 M | 9.33 B |
| Working Capital | 1.57 B | 1.48 B |
| Current Asset | 2.26 B | 9.34 B |
| Current Liabilities | 695 M | 7.9 B |
| Z Score | 9.6 | 8.72 |
Bright Led Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Bright . 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 | 36264.83 | |||
| Daily Balance Of Power | (0.78) | |||
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 23.05 | |||
| Day Typical Price | 23.02 | |||
| Price Action Indicator | (0.45) | |||
| Period Momentum Indicator | (0.70) |
About Bright Led Buy or Sell Advice
When is the right time to buy or sell Bright Led Electronics? Buying financial instruments such as Bright 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 Bright Led 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 Small Value Funds Thematic Idea Now
Small Value Funds
Funds or Etfs that invest in the undervalued stocks of small to mid-sized companies. The Small Value Funds theme has 43 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 Small Value Funds Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for Bright Stock Analysis
When running Bright Led's price analysis, check to measure Bright Led'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 Bright Led is operating at the current time. Most of Bright Led's value examination focuses on studying past and present price action to predict the probability of Bright Led's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bright Led's price. Additionally, you may evaluate how the addition of Bright Led to your portfolios can decrease your overall portfolio volatility.