Olympic Circuit (China) Buy Hold or Sell Recommendation
| 603920 Stock | 30.91 0.42 1.38% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Olympic Circuit Technology is 'Strong Sell'. Macroaxis provides Olympic Circuit buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding 603920 positions.
Check out Olympic Circuit 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. In addition, we conduct extensive research on individual companies such as Olympic and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Olympic Circuit Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Olympic |
Execute Olympic Circuit Buy or Sell Advice
The Olympic recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Olympic Circuit Technology. Macroaxis does not own or have any residual interests in Olympic Circuit Technology or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Olympic Circuit's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Good | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | 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 |
Olympic Circuit Trading Alerts and Improvement Suggestions
| Olympic Circuit Tech appears to be risky and price may revert if volatility continues | |
| About 50.0% of the company shares are owned by insiders or employees |
Olympic Circuit Returns Distribution Density
The distribution of Olympic Circuit's historical returns is an attempt to chart the uncertainty of Olympic Circuit's future price movements. The chart of the probability distribution of Olympic Circuit daily returns describes the distribution of returns around its average expected value. We use Olympic Circuit Technology price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Olympic Circuit returns is essential to provide solid investment advice for Olympic Circuit.
| Mean Return | 0.66 | Value At Risk | -7.09 | Potential Upside | 7.82 | Standard Deviation | 4.72 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Olympic Circuit 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.
Olympic Circuit Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (15.9M) | 12.6M | (274.8M) | 80.6M | 24.0M | 25.2M | |
| Investments | 371.0M | 70M | (536.0M) | (1.0B) | (294.0M) | (308.7M) | |
| Change In Cash | 382.4M | (77.6M) | 586.5M | (500.4M) | 727.9M | 764.3M | |
| Net Borrowings | 94.9M | (94.1M) | 319.2M | 887.5M | 1.0B | 1.1B | |
| Depreciation | 131.7M | 153.5M | 191.0M | 287.8M | 325.1M | 185.6M | |
| Dividends Paid | 186.6M | 208.4M | 250.2M | 331.0M | 330.2M | 224.9M | |
| Capital Expenditures | 268.0M | 547.9M | 551.1M | 1.1B | 232.2M | 463.6M | |
| Net Income | 328.8M | 303.7M | 209.7M | 434.0M | 495.5M | 335.9M | |
| End Period Cash Flow | 1.2B | 1.1B | 1.7B | 1.2B | 1.9B | 1.2B | |
| Change To Netincome | (17.7M) | (16.2M) | 60.5M | 78.9M | 90.7M | 95.2M | |
| Free Cash Flow | 307.9M | (48.7M) | (254.6M) | (68.6M) | 1.2B | 1.3B | |
| Other Non Cash Items | (12.1M) | 67.7M | 67.2M | 53.3M | 50.2M | 37.3M |
Olympic Circuit 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 Olympic Circuit or Electronic Equipment, Instruments & Components 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 Olympic Circuit'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 Olympic 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 | 0.66 | |
β | Beta against Dow Jones | -0.17 | |
σ | Overall volatility | 4.87 | |
Ir | Information ratio | 0.13 |
Olympic Circuit Volatility Alert
Olympic Circuit Technology exhibits above-average semi-deviation for your current time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Olympic Circuit'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 Olympic Circuit'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.Olympic Circuit Fundamentals Vs Peers
Comparing Olympic Circuit'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 Olympic Circuit's direct or indirect competition across all of the common fundamentals between Olympic Circuit and the related equities. This way, we can detect undervalued stocks with similar characteristics as Olympic Circuit or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Olympic Circuit's fundamental indicators could also be used in its relative valuation, which is a method of valuing Olympic Circuit by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Olympic Circuit to competition |
| Fundamentals | Olympic Circuit | Peer Average |
| Return On Equity | 0.13 | -0.31 |
| Return On Asset | 0.058 | -0.14 |
| Profit Margin | 0.12 % | (1.27) % |
| Operating Margin | 0.17 % | (5.51) % |
| Current Valuation | 18.9 B | 16.62 B |
| Shares Outstanding | 719.4 M | 571.82 M |
| Shares Owned By Insiders | 50.19 % | 10.09 % |
| Shares Owned By Institutions | 9.31 % | 39.21 % |
| Price To Book | 4.07 X | 9.51 X |
| Price To Sales | 4.59 X | 11.42 X |
| Revenue | 4.52 B | 9.43 B |
| Gross Profit | 564.5 M | 27.38 B |
| EBITDA | 1.02 B | 3.9 B |
| Net Income | 495.52 M | 570.98 M |
| Total Debt | 2.79 B | 5.32 B |
| Book Value Per Share | 8.10 X | 1.93 K |
| Cash Flow From Operations | 1.44 B | 971.22 M |
| Earnings Per Share | 0.99 X | 3.12 X |
| Target Price | 23.32 | |
| Number Of Employees | 6.55 K | 18.84 K |
| Beta | 0.7 | -0.15 |
| Market Capitalization | 22.22 B | 19.03 B |
| Total Asset | 6.31 B | 29.47 B |
| Retained Earnings | 931.56 M | 9.33 B |
| Working Capital | 2.25 B | 1.48 B |
| Net Asset | 6.31 B | |
| Last Dividend Paid | 0.5 |
Olympic Circuit Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Olympic . 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 | 700528.0 | |||
| Daily Balance Of Power | 0.3134 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 30.73 | |||
| Day Typical Price | 30.79 | |||
| Price Action Indicator | 0.39 | |||
| Period Momentum Indicator | 0.42 |
About Olympic Circuit Buy or Sell Advice
When is the right time to buy or sell Olympic Circuit Technology? Buying financial instruments such as Olympic 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 Olympic Circuit 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 Wholesale Thematic Idea Now
Wholesale
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Wholesale 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 Wholesale Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Olympic Stock
Olympic Circuit financial ratios help investors to determine whether Olympic Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Olympic with respect to the benefits of owning Olympic Circuit security.