Sung Gang (Taiwan) Buy Hold or Sell Recommendation
| 6240 Stock | TWD 20.35 0.75 3.55% |
Assuming the 90 days trading horizon and your highly speculative risk level, our recommendation regarding Sung Gang Asset is 'Cautious Hold'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Sung Gang Asset given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Sung Gang Asset, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Sung Gang 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 Sung and provide practical buy, sell, or hold advice based on investors' constraints. Sung Gang Asset. 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.
Sung |
Execute Sung Gang Buy or Sell Advice
The Sung recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Sung Gang Asset. Macroaxis does not own or have any residual interests in Sung Gang Asset or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Sung Gang's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | 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 |
Sung Gang Trading Alerts and Improvement Suggestions
| Sung Gang Asset generated a negative expected return over the last 90 days | |
| Sung Gang Asset has high historical volatility and very poor performance | |
| The company has NT$67.17 Million in debt which may indicate that it relies heavily on debt financing | |
| Sung Gang Asset has accumulated 67.17 M in total debt with debt to equity ratio (D/E) of 66.6, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Sung Gang Asset has a current ratio of 0.49, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Sung Gang until it has trouble settling it off, either with new capital or with free cash flow. So, Sung Gang's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Sung Gang Asset sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Sung to invest in growth at high rates of return. When we think about Sung Gang's use of debt, we should always consider it together with cash and equity. | |
| Sung Gang Asset has accumulated about 186.03 M in cash with (3.74 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.08. | |
| Roughly 80.0% of Sung Gang shares are owned by insiders or employees |
Sung Gang Returns Distribution Density
The distribution of Sung Gang's historical returns is an attempt to chart the uncertainty of Sung Gang's future price movements. The chart of the probability distribution of Sung Gang daily returns describes the distribution of returns around its average expected value. We use Sung Gang Asset price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Sung Gang returns is essential to provide solid investment advice for Sung Gang.
| Mean Return | -0.18 | Value At Risk | -4.9 | Potential Upside | 6.35 | Standard Deviation | 3.23 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Sung Gang 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.
Sung Gang 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 Sung Gang or Consumer Cyclical 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 Sung Gang'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 Sung 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 | -0.19 | |
β | Beta against Dow Jones | 0.25 | |
σ | Overall volatility | 3.27 | |
Ir | Information ratio | -0.06 |
Sung Gang Volatility Alert
Sung Gang Asset exhibits very low volatility with skewness of 0.66 and kurtosis of 3.98. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Sung Gang'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 Sung Gang'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.Sung Gang Fundamentals Vs Peers
Comparing Sung Gang'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 Sung Gang's direct or indirect competition across all of the common fundamentals between Sung Gang and the related equities. This way, we can detect undervalued stocks with similar characteristics as Sung Gang or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Sung Gang's fundamental indicators could also be used in its relative valuation, which is a method of valuing Sung Gang by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Sung Gang to competition |
| Fundamentals | Sung Gang | Peer Average |
| Return On Equity | 0.1 | -0.31 |
| Return On Asset | -0.004 | -0.14 |
| Profit Margin | 2.88 % | (1.27) % |
| Operating Margin | (0.51) % | (5.51) % |
| Current Valuation | 571.78 M | 16.62 B |
| Shares Outstanding | 22.87 M | 571.82 M |
| Shares Owned By Insiders | 80.32 % | 10.09 % |
| Price To Earning | 7.57 X | 28.72 X |
| Price To Book | 1.10 X | 9.51 X |
| Price To Sales | 32.38 X | 11.42 X |
| Revenue | 13.07 M | 9.43 B |
| Gross Profit | 7.74 M | 27.38 B |
| EBITDA | 29.7 M | 3.9 B |
| Net Income | 25.88 M | 570.98 M |
| Cash And Equivalents | 186.03 M | 2.7 B |
| Cash Per Share | 8.08 X | 5.01 X |
| Total Debt | 67.17 M | 5.32 B |
| Debt To Equity | 66.60 % | 48.70 % |
| Current Ratio | 0.50 X | 2.16 X |
| Book Value Per Share | 16.46 X | 1.93 K |
| Cash Flow From Operations | (3.74 M) | 971.22 M |
| Earnings Per Share | 1.59 X | 3.12 X |
| Number Of Employees | 14 | 18.84 K |
| Beta | 0.78 | -0.15 |
| Market Capitalization | 426.47 M | 19.03 B |
| Total Asset | 1.02 B | 29.47 B |
| Z Score | 3.6 | 8.72 |
| Net Asset | 1.02 B |
Sung Gang Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Sung . 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.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.96 | |||
| Day Median Price | 20.35 | |||
| Day Typical Price | 20.35 | |||
| Price Action Indicator | (0.37) | |||
| Period Momentum Indicator | (0.75) |
About Sung Gang Buy or Sell Advice
When is the right time to buy or sell Sung Gang Asset? Buying financial instruments such as Sung 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 Sung Stock Analysis
When running Sung Gang's price analysis, check to measure Sung Gang'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 Sung Gang is operating at the current time. Most of Sung Gang's value examination focuses on studying past and present price action to predict the probability of Sung Gang's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sung Gang's price. Additionally, you may evaluate how the addition of Sung Gang to your portfolios can decrease your overall portfolio volatility.