China Times (Taiwan) Buy Hold or Sell Recommendation

8923 Stock  TWD 20.85  1.55  6.92%   
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding China Times Publishing is 'Strong Sell'. Macroaxis provides China Times buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding 8923 positions. The advice algorithm takes into account all of China Times' available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting China Times' buy or sell advice are summarized below:
Real Value
17.55
Hype Value
20.85
Market Value
20.85
Naive Value
20.89
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell China Times Publishing given historical horizon and risk tolerance towards China Times. When Macroaxis issues a 'buy' or 'sell' recommendation for China Times Publishing, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out China Times 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 China and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards China Times Publishing. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Execute China Times Buy or Sell Advice

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

Time Horizon

Risk Tolerance

Execute Advice
Sell China TimesBuy China Times
Strong Sell

Market Performance

InsignificantDetails

Volatility

Not too volatileDetails

Hype Condition

StaleDetails

Current Valuation

OvervaluedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Almost mirrors the marketDetails

Analyst Consensus

Not AvailableDetails

Reporting Quality (M-Score)

InapplicableDetails
For the selected time horizon China Times Publishing has a Mean Deviation of 3.14, Semi Deviation of 3.78, Standard Deviation of 4.36, Variance of 19.05, Downside Variance of 22.18 and Semi Variance of 14.3
Our investment recommendation module complements current analysts and expert consensus on China Times. It analyzes the firm potential to grow using all fundamental, technical, and market related data available at the time. To make sure China Times is not overpriced, please confirm all China Times Publishing fundamentals, including its profit margin, current valuation, shares owned by insiders, as well as the relationship between the operating margin and shares outstanding .

China Times Trading Alerts and Improvement Suggestions

China Times had very high historical volatility over the last 90 days
About 83.0% of the company shares are owned by insiders or employees

China Times Returns Distribution Density

The distribution of China Times' historical returns is an attempt to chart the uncertainty of China Times' future price movements. The chart of the probability distribution of China Times daily returns describes the distribution of returns around its average expected value. We use China Times Publishing price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of China Times returns is essential to provide solid investment advice for China Times.
Mean Return
0.29
Value At Risk
-7.13
Potential Upside
9.83
Standard Deviation
4.36
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of China Times 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.

China Times 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 China Times or Communication Services 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 China Times' 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 China 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 NYSE Composite
0.16
β
Beta against NYSE Composite0.92
σ
Overall volatility
4.06
Ir
Information ratio 0.04

China Times Volatility Alert

China Times Publishing 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 China Times' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact China Times' 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.

China Times Fundamentals Vs Peers

Comparing China Times' 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 China Times' direct or indirect competition across all of the common fundamentals between China Times and the related equities. This way, we can detect undervalued stocks with similar characteristics as China Times or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of China Times' fundamental indicators could also be used in its relative valuation, which is a method of valuing China Times by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare China Times to competition
FundamentalsChina TimesPeer Average
Return On Equity0.089-0.31
Return On Asset0.0216-0.14
Profit Margin0.08 %(1.27) %
Operating Margin0.06 %(5.51) %
Current Valuation488.34 M16.62 B
Shares Outstanding30.38 M571.82 M
Shares Owned By Insiders82.99 %10.09 %
Price To Book1.48 X9.51 X
Price To Sales1.44 X11.42 X
Revenue441.15 M9.43 B
Gross Profit197.17 M27.38 B
EBITDA77.29 M3.9 B
Net Income30.25 M570.98 M
Book Value Per Share14.65 X1.93 K
Cash Flow From Operations87.56 M971.22 M
Earnings Per Share1.15 X3.12 X
Number Of Employees818.84 K
Beta0.21-0.15
Market Capitalization640.93 M19.03 B
Total Asset800.02 M29.47 B
Annual Yield0.05 %
Net Asset800.02 M
Last Dividend Paid0.9

China Times Market Momentum

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

When is the right time to buy or sell China Times Publishing? Buying financial instruments such as China 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 China Times 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 Communication Thematic Idea Now

Communication
Communication Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Communication 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 Communication Theme or any other thematic opportunities.
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Check out China Times 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.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

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When running China Times' price analysis, check to measure China Times' 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 China Times is operating at the current time. Most of China Times' value examination focuses on studying past and present price action to predict the probability of China Times' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Times' price. Additionally, you may evaluate how the addition of China Times to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between China Times' value and its price as these two are different measures arrived at by different means. Investors typically determine if China Times is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, China Times' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.