China Development (Taiwan) Buy Hold or Sell Recommendation
| 2883 Stock | TWD 13.70 0.15 1.11% |
Assuming the 90 days trading horizon and your conservative attitude towards risk, our recommendation regarding China Development Financial is 'Sell'. Macroaxis provides China Development buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding 2883 positions. The advice algorithm takes into account all of China Development's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting China Development's buy or sell advice are summarized below:
Real Value 13.35 | Hype Value 13.55 | Market Value 13.7 | Naive Value 13.74 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell China Development Financial given historical horizon and risk tolerance towards China Development. When Macroaxis issues a 'buy' or 'sell' recommendation for China Development Financial, the advice is generated through an automated system that utilizes algorithms and statistical models.
China |
Execute China Development 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 Development Financial. Macroaxis does not own or have any residual interests in China Development Financial or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute China Development's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Sell
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | 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 |
China Development Returns Distribution Density
The distribution of China Development's historical returns is an attempt to chart the uncertainty of China Development's future price movements. The chart of the probability distribution of China Development daily returns describes the distribution of returns around its average expected value. We use China Development Financial price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of China Development returns is essential to provide solid investment advice for China Development.
| Mean Return | 0.16 | Value At Risk | -2.06 | Potential Upside | 2.27 | Standard Deviation | 1.38 |
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 Development 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 Development 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 Development or Banks 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 Development'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 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 | 0.14 | |
β | Beta against NYSE Composite | 0.06 | |
σ | Overall volatility | 1.46 | |
Ir | Information ratio | 0.04 |
China Development Volatility Alert
China Development Financial has relatively low volatility with skewness of -0.42 and kurtosis of 2.25. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure China Development'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 China Development'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.China Development Fundamentals Vs Peers
Comparing China Development'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 China Development's direct or indirect competition across all of the common fundamentals between China Development and the related equities. This way, we can detect undervalued stocks with similar characteristics as China Development or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of China Development's fundamental indicators could also be used in its relative valuation, which is a method of valuing China Development by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare China Development to competition |
| Fundamentals | China Development | Peer Average |
| Return On Equity | 0.11 | -0.31 |
| Return On Asset | 0.0073 | -0.14 |
| Profit Margin | 0.60 % | (1.27) % |
| Operating Margin | 0.87 % | (5.51) % |
| Current Valuation | (141.94 B) | 16.62 B |
| Shares Outstanding | 16.85 B | 571.82 M |
| Shares Owned By Insiders | 7.39 % | 10.09 % |
| Shares Owned By Institutions | 18.79 % | 39.21 % |
| Price To Earning | 16.64 X | 28.72 X |
| Price To Book | 1.42 X | 9.51 X |
| Price To Sales | 5.24 X | 11.42 X |
| Revenue | 183.59 B | 9.43 B |
| Gross Profit | 87.81 B | 27.38 B |
| Net Income | 35.04 B | 570.98 M |
| Cash And Equivalents | 1.04 T | 2.7 B |
| Cash Per Share | 71.25 X | 5.01 X |
| Total Debt | 341.2 B | 5.32 B |
| Book Value Per Share | 9.04 X | 1.93 K |
| Cash Flow From Operations | 59.29 B | 971.22 M |
| Earnings Per Share | 1.50 X | 3.12 X |
| Price To Earnings To Growth | 24.76 X | 4.89 X |
| Target Price | 12.4 | |
| Number Of Employees | 13.2 K | 18.84 K |
| Beta | 0.69 | -0.15 |
| Market Capitalization | 219.83 B | 19.03 B |
| Total Asset | 3.46 T | 29.47 B |
| Retained Earnings | 19.63 B | 9.33 B |
| Working Capital | (151.23 B) | 1.48 B |
| Current Asset | 432.73 B | 9.34 B |
| Current Liabilities | 583.96 B | 7.9 B |
| Annual Yield | 0.08 % | |
| Five Year Return | 5.55 % | |
| Net Asset | 3.46 T |
China Development 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 Development Buy or Sell Advice
When is the right time to buy or sell China Development Financial? 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 Development 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 Dividend Beast Thematic Idea Now
Dividend Beast
An experimental equal-weighted theme of equities with high dividend yield and solid fundamentals based on Macroaxis rating system. The Dividend Beast theme has 69 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 Dividend Beast Theme or any other thematic opportunities.
| View All Next | Launch |
Check out China Development 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 Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Complementary Tools for China Stock analysis
When running China Development's price analysis, check to measure China Development'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 China Development is operating at the current time. Most of China Development's value examination focuses on studying past and present price action to predict the probability of China Development's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Development's price. Additionally, you may evaluate how the addition of China Development to your portfolios can decrease your overall portfolio volatility.
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals |