Flytech Technology (Taiwan) Buy Hold or Sell Recommendation

6206 Stock  TWD 142.00  0.50  0.35%   
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Flytech Technology Co is 'Strong Hold'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Flytech Technology Co given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Flytech Technology Co, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Flytech Technology 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 Flytech and provide practical buy, sell, or hold advice based on investors' constraints. Flytech Technology Co. 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 Flytech Technology Buy or Sell Advice

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

Time Horizon

Risk Tolerance

Execute Advice
Sell Flytech TechnologyBuy Flytech Technology
Strong Hold

Market Performance

SolidDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

OvervaluedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Almost neglects market trendsDetails

Analyst Consensus

Not AvailableDetails

Reporting Quality (M-Score)

InapplicableDetails
For the selected time horizon Flytech Technology Co has a Risk Adjusted Performance of 0.2455, Jensen Alpha of 0.83, Total Risk Alpha of 1.26, Sortino Ratio of 0.5121 and Treynor Ratio of (3.07)
Macroaxis provides advice on Flytech Technology to complement and cross-verify current analyst consensus on Flytech Technology Co. Our investment recommendation engine determines the company's potential to grow exclusively from the perspective of an investor's current risk tolerance and investing horizon. To make sure Flytech Technology is not overpriced, please confirm all Flytech Technology fundamentals, including its price to earning, price to sales, gross profit, as well as the relationship between the price to book and revenue .

Flytech Technology Trading Alerts and Improvement Suggestions

Flytech Technology appears to be risky and price may revert if volatility continues
About 30.0% of the company shares are owned by insiders or employees

Flytech Technology Returns Distribution Density

The distribution of Flytech Technology's historical returns is an attempt to chart the uncertainty of Flytech Technology's future price movements. The chart of the probability distribution of Flytech Technology daily returns describes the distribution of returns around its average expected value. We use Flytech Technology Co price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Flytech Technology returns is essential to provide solid investment advice for Flytech Technology.
Mean Return
0.87
Value At Risk
-2.21
Potential Upside
9.72
Standard Deviation
3.18
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Flytech Technology 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.

Flytech Technology 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 Flytech Technology 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 Flytech Technology'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 Flytech 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
0.83
β
Beta against Dow Jones-0.28
σ
Overall volatility
3.37
Ir
Information ratio 0.30

Flytech Technology Volatility Alert

Flytech Technology Co has relatively low volatility with skewness of 1.43 and kurtosis of 2.56. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Flytech Technology'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 Flytech Technology'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.

Flytech Technology Fundamentals Vs Peers

Comparing Flytech Technology'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 Flytech Technology's direct or indirect competition across all of the common fundamentals between Flytech Technology and the related equities. This way, we can detect undervalued stocks with similar characteristics as Flytech Technology or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Flytech Technology's fundamental indicators could also be used in its relative valuation, which is a method of valuing Flytech Technology by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Flytech Technology to competition
FundamentalsFlytech TechnologyPeer Average
Return On Equity0.25-0.31
Return On Asset0.13-0.14
Profit Margin0.19 %(1.27) %
Operating Margin0.20 %(5.51) %
Current Valuation7.39 B16.62 B
Shares Outstanding143.06 M571.82 M
Shares Owned By Insiders29.65 %10.09 %
Shares Owned By Institutions15.48 %39.21 %
Price To Earning13.19 X28.72 X
Price To Book1.98 X9.51 X
Price To Sales1.51 X11.42 X
Revenue5.19 B9.43 B
Gross Profit1.7 B27.38 B
EBITDA982.84 M3.9 B
Net Income683.06 M570.98 M
Cash And Equivalents2.63 B2.7 B
Cash Per Share18.41 X5.01 X
Total Debt66.46 M5.32 B
Debt To Equity1.30 %48.70 %
Current Ratio3.70 X2.16 X
Book Value Per Share33.69 X1.93 K
Cash Flow From Operations7.67 M971.22 M
Earnings Per Share8.26 X3.12 X
Target Price90.0
Number Of Employees1618.84 K
Beta0.49-0.15
Market Capitalization9.86 B19.03 B
Total Asset6.32 B29.47 B
Retained Earnings1.91 B9.33 B
Working Capital2.71 B1.48 B
Current Asset4.79 B9.34 B
Current Liabilities2.08 B7.9 B
Z Score88.88.72

Flytech Technology Market Momentum

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

When is the right time to buy or sell Flytech Technology Co? Buying financial instruments such as Flytech 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 Flytech Stock Analysis

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