Double Bond (Taiwan) Buy Hold or Sell Recommendation
| 4764 Stock | TWD 43.10 0.55 1.26% |
Assuming the 90 days trading horizon and your typical level of risk aversion, our recommendation regarding Double Bond Chemical is 'Sell'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Double Bond Chemical given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Double Bond Chemical, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Double Bond 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 Double and provide practical buy, sell, or hold advice based on investors' constraints. Double Bond Chemical. 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.
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Execute Double Bond Buy or Sell Advice
The Double recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Double Bond Chemical. Macroaxis does not own or have any residual interests in Double Bond Chemical or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Double Bond's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Sell
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 | Moves indifferently to market moves | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Double Bond Trading Alerts and Improvement Suggestions
| Double Bond Chemical generated a negative expected return over the last 90 days | |
| About 69.0% of the company shares are owned by insiders or employees |
Double Bond Returns Distribution Density
The distribution of Double Bond's historical returns is an attempt to chart the uncertainty of Double Bond's future price movements. The chart of the probability distribution of Double Bond daily returns describes the distribution of returns around its average expected value. We use Double Bond Chemical price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Double Bond returns is essential to provide solid investment advice for Double Bond.
| Mean Return | -0.05 | Value At Risk | -1.7 | Potential Upside | 2.23 | Standard Deviation | 1.32 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Double Bond 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.
Double Bond 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 Double Bond or Basic Materials 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 Double Bond'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 Double 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 | -0.06 | |
β | Beta against Dow Jones | -0.04 | |
σ | Overall volatility | 1.33 | |
Ir | Information ratio | -0.06 |
Double Bond Volatility Alert
Double Bond Chemical exhibits very low volatility with skewness of 0.89 and kurtosis of 3.41. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Double Bond'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 Double Bond'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.Double Bond Fundamentals Vs Peers
Comparing Double Bond'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 Double Bond's direct or indirect competition across all of the common fundamentals between Double Bond and the related equities. This way, we can detect undervalued stocks with similar characteristics as Double Bond or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Double Bond's fundamental indicators could also be used in its relative valuation, which is a method of valuing Double Bond by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Double Bond to competition |
| Fundamentals | Double Bond | Peer Average |
| Return On Equity | 0.0353 | -0.31 |
| Return On Asset | 0.0062 | -0.14 |
| Profit Margin | 0.03 % | (1.27) % |
| Operating Margin | 0.02 % | (5.51) % |
| Current Valuation | 5.34 B | 16.62 B |
| Shares Outstanding | 85.54 M | 571.82 M |
| Shares Owned By Insiders | 69.29 % | 10.09 % |
| Price To Earning | 59.90 X | 28.72 X |
| Price To Book | 1.90 X | 9.51 X |
| Price To Sales | 1.49 X | 11.42 X |
| Revenue | 3.06 B | 9.43 B |
| Gross Profit | 537.84 M | 27.38 B |
| EBITDA | 219.59 M | 3.9 B |
| Net Income | 106.87 M | 570.98 M |
| Cash And Equivalents | 1.13 B | 2.7 B |
| Cash Per Share | 13.20 X | 5.01 X |
| Total Debt | 1.31 B | 5.32 B |
| Debt To Equity | 0.81 % | 48.70 % |
| Current Ratio | 1.94 X | 2.16 X |
| Book Value Per Share | 27.64 X | 1.93 K |
| Cash Flow From Operations | 41.19 M | 971.22 M |
| Earnings Per Share | 0.93 X | 3.12 X |
| Target Price | 76.0 | |
| Number Of Employees | 17 | 18.84 K |
| Beta | 0.6 | -0.15 |
| Market Capitalization | 4.45 B | 19.03 B |
| Total Asset | 4.81 B | 29.47 B |
| Z Score | 1.8 | 8.72 |
| Annual Yield | 0.01 % | |
| Net Asset | 4.81 B | |
| Last Dividend Paid | 0.38 |
Double Bond Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Double . 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 Double Bond Buy or Sell Advice
When is the right time to buy or sell Double Bond Chemical? Buying financial instruments such as Double 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 Double Stock Analysis
When running Double Bond's price analysis, check to measure Double Bond'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 Double Bond is operating at the current time. Most of Double Bond's value examination focuses on studying past and present price action to predict the probability of Double Bond's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Double Bond's price. Additionally, you may evaluate how the addition of Double Bond to your portfolios can decrease your overall portfolio volatility.