Far Eastern (Taiwan) Buy Hold or Sell Recommendation
| 2903 Stock | TWD 32.95 0.30 0.92% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Far Eastern Department is 'Strong Buy'. Macroaxis provides Far Eastern buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding 2903 positions. The advice algorithm takes into account all of Far Eastern's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Far Eastern's buy or sell advice are summarized below:
Real Value 36.14 | Hype Value 32.95 | Market Value 32.95 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Far Eastern Department given historical horizon and risk tolerance towards Far Eastern. When Macroaxis issues a 'buy' or 'sell' recommendation for Far Eastern Department, the advice is generated through an automated system that utilizes algorithms and statistical models.
Far |
Execute Far Eastern Buy or Sell Advice
The Far recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Far Eastern Department. Macroaxis does not own or have any residual interests in Far Eastern Department or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Far Eastern's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | Strong | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Far Eastern Trading Alerts and Improvement Suggestions
| Far Eastern has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company has accumulated 17.59 B in total debt with debt to equity ratio (D/E) of 150.7, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Far Eastern Department has a current ratio of 0.31, 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 Far Eastern until it has trouble settling it off, either with new capital or with free cash flow. So, Far Eastern'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 Far Eastern Department sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Far to invest in growth at high rates of return. When we think about Far Eastern's use of debt, we should always consider it together with cash and equity. | |
| About 54.0% of Far Eastern shares are owned by insiders or employees |
Far Eastern Returns Distribution Density
The distribution of Far Eastern's historical returns is an attempt to chart the uncertainty of Far Eastern's future price movements. The chart of the probability distribution of Far Eastern daily returns describes the distribution of returns around its average expected value. We use Far Eastern Department price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Far Eastern returns is essential to provide solid investment advice for Far Eastern.
| Mean Return | 0.45 | Value At Risk | -1.35 | Potential Upside | 3.82 | Standard Deviation | 1.45 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Far Eastern 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.
Far Eastern 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 Far Eastern or Multiline Retail 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 Far Eastern'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 Far 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 | 0.41 | |
β | Beta against NYSE Composite | 0.37 | |
σ | Overall volatility | 1.51 | |
Ir | Information ratio | 0.25 |
Far Eastern Volatility Alert
Far Eastern Department has relatively low volatility with skewness of 0.81 and kurtosis of 1.35. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Far Eastern'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 Far Eastern'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.Far Eastern Fundamentals Vs Peers
Comparing Far Eastern'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 Far Eastern's direct or indirect competition across all of the common fundamentals between Far Eastern and the related equities. This way, we can detect undervalued stocks with similar characteristics as Far Eastern or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Far Eastern's fundamental indicators could also be used in its relative valuation, which is a method of valuing Far Eastern by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Far Eastern to competition |
| Fundamentals | Far Eastern | Peer Average |
| Return On Equity | 0.0624 | -0.31 |
| Return On Asset | 0.023 | -0.14 |
| Profit Margin | 0.04 % | (1.27) % |
| Operating Margin | 0.12 % | (5.51) % |
| Current Valuation | 67.57 B | 16.62 B |
| Shares Outstanding | 1.41 B | 571.82 M |
| Shares Owned By Insiders | 54.09 % | 10.09 % |
| Shares Owned By Institutions | 13.06 % | 39.21 % |
| Price To Earning | 22.22 X | 28.72 X |
| Price To Book | 0.95 X | 9.51 X |
| Price To Sales | 0.83 X | 11.42 X |
| Revenue | 35.31 B | 9.43 B |
| Gross Profit | 17.41 B | 27.38 B |
| EBITDA | 8.54 B | 3.9 B |
| Net Income | 1.21 B | 570.98 M |
| Cash And Equivalents | 8.15 B | 2.7 B |
| Cash Per Share | 5.78 X | 5.01 X |
| Total Debt | 17.59 B | 5.32 B |
| Debt To Equity | 150.70 % | 48.70 % |
| Current Ratio | 0.32 X | 2.16 X |
| Book Value Per Share | 21.81 X | 1.93 K |
| Cash Flow From Operations | 10.37 B | 971.22 M |
| Earnings Per Share | 1.14 X | 3.12 X |
| Price To Earnings To Growth | 0.47 X | 4.89 X |
| Target Price | 14.0 | |
| Number Of Employees | 31 | 18.84 K |
| Beta | 0.41 | -0.15 |
| Market Capitalization | 30.57 B | 19.03 B |
| Total Asset | 130.73 B | 29.47 B |
| Retained Earnings | 8.17 B | 9.33 B |
| Working Capital | (27.68 B) | 1.48 B |
| Current Asset | 13.86 B | 9.34 B |
| Current Liabilities | 41.54 B | 7.9 B |
Far Eastern Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Far . 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 | 275258.0 | |||
| Daily Balance Of Power | 0.2222 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 32.28 | |||
| Day Typical Price | 32.5 | |||
| Price Action Indicator | 0.83 | |||
| Period Momentum Indicator | 0.3 |
About Far Eastern Buy or Sell Advice
When is the right time to buy or sell Far Eastern Department? Buying financial instruments such as Far 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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In addition to having Far Eastern 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?
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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 Theme ETFs Theme or any other thematic opportunities.
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Check out Far Eastern 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 Commodity Directory module to find actively traded commodities issued by global exchanges.
Complementary Tools for Far Stock analysis
When running Far Eastern's price analysis, check to measure Far Eastern'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 Far Eastern is operating at the current time. Most of Far Eastern's value examination focuses on studying past and present price action to predict the probability of Far Eastern's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Far Eastern's price. Additionally, you may evaluate how the addition of Far Eastern to your portfolios can decrease your overall portfolio volatility.
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