Montage Technology (China) Buy Hold or Sell Recommendation
| 688008 Stock | 75.48 4.51 5.64% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Montage Technology Co is 'Strong Sell'. Macroaxis provides Montage Technology buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding 688008 positions.
Check out Montage 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. In addition, we conduct extensive research on individual companies such as Montage and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Montage 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.
Montage |
Execute Montage Technology Buy or Sell Advice
The Montage recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Montage Technology Co. Macroaxis does not own or have any residual interests in Montage Technology Co or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Montage Technology's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Modest | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Montage Technology Trading Alerts and Improvement Suggestions
| Montage Technology had very high historical volatility over the last 90 days | |
| Montage Technology is unlikely to experience financial distress in the next 2 years | |
| About 21.0% of the company shares are owned by insiders or employees |
Montage Technology Returns Distribution Density
The distribution of Montage Technology's historical returns is an attempt to chart the uncertainty of Montage Technology's future price movements. The chart of the probability distribution of Montage Technology daily returns describes the distribution of returns around its average expected value. We use Montage Technology Co price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Montage Technology returns is essential to provide solid investment advice for Montage Technology.
| Mean Return | 0.76 | Value At Risk | -5.64 | Potential Upside | 10.59 | Standard Deviation | 5.09 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Montage 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.
Montage Technology Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (124.1M) | (37.7M) | (188.3M) | (389.5M) | 62.6M | 65.7M | |
| Investments | (2.1B) | 517.2M | (53.9M) | 63.4M | 267.8M | 281.2M | |
| Change In Cash | 1.6B | 82.8M | 79.3M | 749.8M | 577.4M | 611.7M | |
| Depreciation | 30.2M | 30.7M | 58.5M | 50.4M | 102.7M | 107.9M | |
| Capital Expenditures | 21.6M | 439.3M | 153.5M | 226.9M | 359.8M | 377.8M | |
| Net Income | 932.9M | 1.1B | 829.1M | 1.3B | 450.9M | 796.5M | |
| End Period Cash Flow | 4.9B | 5.0B | 5.1B | 5.8B | 5.6B | 4.3B | |
| Change To Netincome | (12.8M) | (26.3M) | (188.9M) | (439.3M) | (395.4M) | (375.6M) | |
| Free Cash Flow | 847.4M | 560.8M | 526.9M | 462.0M | 181.9M | 172.8M | |
| Other Non Cash Items | (20.1M) | 25.1M | (8.7M) | 1.6M | 1.1M | 1.1M | |
| Dividends Paid | 292.3M | 338.9M | 339.3M | 338.9M | 342.8M | 335.0M |
Montage 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 Montage Technology 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 Montage 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 Montage 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 | 0.75 | |
β | Beta against Dow Jones | 0.03 | |
σ | Overall volatility | 4.69 | |
Ir | Information ratio | 0.14 |
Montage Technology Volatility Alert
Montage Technology Co shows above-average downside volatility for the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Montage 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 Montage 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.Montage Technology Fundamentals Vs Peers
Comparing Montage 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 Montage Technology's direct or indirect competition across all of the common fundamentals between Montage Technology and the related equities. This way, we can detect undervalued stocks with similar characteristics as Montage Technology or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Montage Technology's fundamental indicators could also be used in its relative valuation, which is a method of valuing Montage Technology by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Montage Technology to competition |
| Fundamentals | Montage Technology | Peer Average |
| Return On Equity | 0.12 | -0.31 |
| Return On Asset | 0.0416 | -0.14 |
| Profit Margin | 0.36 % | (1.27) % |
| Operating Margin | 0.39 % | (5.51) % |
| Current Valuation | 78.71 B | 16.62 B |
| Shares Outstanding | 1.14 B | 571.82 M |
| Shares Owned By Insiders | 20.59 % | 10.09 % |
| Shares Owned By Institutions | 30.66 % | 39.21 % |
| Price To Book | 8.23 X | 9.51 X |
| Price To Sales | 25.94 X | 11.42 X |
| Revenue | 2.29 B | 9.43 B |
| Gross Profit | 1.41 B | 27.38 B |
| EBITDA | 850.1 M | 3.9 B |
| Net Income | 450.91 M | 570.98 M |
| Total Debt | 13.28 M | 5.32 B |
| Book Value Per Share | 9.19 X | 1.93 K |
| Cash Flow From Operations | 731.25 M | 971.22 M |
| Earnings Per Share | 1.06 X | 3.12 X |
| Target Price | 78.0 | |
| Beta | 0.66 | -0.15 |
| Market Capitalization | 86.41 B | 19.03 B |
| Total Asset | 10.7 B | 29.47 B |
| Retained Earnings | 3.48 B | 9.33 B |
| Working Capital | 7.9 B | 1.48 B |
| Net Asset | 10.7 B | |
| Last Dividend Paid | 0.3 |
Montage Technology Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Montage . 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 | 4.1 M | |||
| Daily Balance Of Power | (1.07) | |||
| Rate Of Daily Change | 0.94 | |||
| Day Median Price | 77.58 | |||
| Day Typical Price | 76.88 | |||
| Price Action Indicator | (4.35) | |||
| Period Momentum Indicator | (4.51) |
About Montage Technology Buy or Sell Advice
When is the right time to buy or sell Montage Technology Co? Buying financial instruments such as Montage 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
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Companies producing and distributing toys and different gaming products for kids. The Toys theme has 45 constituents at this time.
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Other Information on Investing in Montage Stock
Montage Technology financial ratios help investors to determine whether Montage 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 Montage with respect to the benefits of owning Montage Technology security.