Top Glove (Malaysia) Buy Hold or Sell Recommendation

7113 Stock   0.86  0.02  2.38%   
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Top Glove is 'Strong Sell'. The recommendation algorithm takes into account all of Top Glove's available fundamental, technical, and predictive indicators you will find on this site.
  
Check out Top Glove 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 Top and provide practical buy, sell, or hold advice based on investors' constraints. Top Glove. 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 Top Glove Buy or Sell Advice

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

Time Horizon

Risk Tolerance

Execute Advice
Sell Top GloveBuy Top Glove
Strong Sell

Market Performance

Very WeakDetails

Volatility

DangerousDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Follows the market closelyDetails

Analyst Consensus

Not AvailableDetails

Reporting Quality (M-Score)

InapplicableDetails
For the selected time horizon Top Glove has a Mean Deviation of 2.1, Standard Deviation of 2.99 and Variance of 8.97
We provide advice to complement the current expert consensus on Top Glove. Our dynamic recommendation engine harnesses a multidimensional algorithm to analyze the firm's potential to grow using all technical and fundamental data available at the time. Use Top Glove total debt, market capitalization, and the relationship between the net income and cash flow from operations to ensure your buy or sell decision on Top Glove is adequate.

Top Glove Trading Alerts and Improvement Suggestions

Top Glove generated a negative expected return over the last 90 days
Top Glove has some characteristics of a very speculative penny stock

Top Glove Returns Distribution Density

The distribution of Top Glove's historical returns is an attempt to chart the uncertainty of Top Glove's future price movements. The chart of the probability distribution of Top Glove daily returns describes the distribution of returns around its average expected value. We use Top Glove price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Top Glove returns is essential to provide solid investment advice for Top Glove.
Mean Return
-0.6
Value At Risk
-5.56
Potential Upside
3.79
Standard Deviation
2.99
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Top Glove 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.

Top Glove 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 Top Glove or Healthcare 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 Top Glove'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 Top 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
-0.54
β
Beta against Dow Jones0.63
σ
Overall volatility
2.88
Ir
Information ratio -0.17

Top Glove Volatility Alert

Top Glove exhibits very low volatility with skewness of -1.1 and kurtosis of 5.1. Top Glove is a potential penny stock. Although Top Glove may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Top Glove. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Top instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.

Top Glove Fundamentals Vs Peers

Comparing Top Glove'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 Top Glove's direct or indirect competition across all of the common fundamentals between Top Glove and the related equities. This way, we can detect undervalued stocks with similar characteristics as Top Glove or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Top Glove's fundamental indicators could also be used in its relative valuation, which is a method of valuing Top Glove by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Top Glove to competition
FundamentalsTop GlovePeer Average
Return On Equity-1.9-0.31
Current Valuation6.2 B16.62 B
Price To Book1.00 X9.51 X
Price To Sales1.21 X11.42 X
Revenue5.57 B9.43 B
EBITDA705.14 M3.9 B
Net Income358.42 M570.98 M
Total Debt108.34 M5.32 B
Cash Flow From Operations178.81 M971.22 M
Market Capitalization6.65 B19.03 B
Total Asset8.12 B29.47 B
Z Score36.68.72
Annual Yield0.01 %
Net Asset8.12 B
Last Dividend Paid0.12

Top Glove Market Momentum

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

When is the right time to buy or sell Top Glove? Buying financial instruments such as Top 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 Top Glove 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 Momentum Thematic Idea Now

Momentum
Momentum Theme
Large corporations operating in software, education, financial and car manufacturing industries. The Momentum theme has 31 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 Momentum Theme or any other thematic opportunities.
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Other Information on Investing in Top Stock

Top Glove financial ratios help investors to determine whether Top 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 Top with respect to the benefits of owning Top Glove security.