Tekcore (Taiwan) Buy Hold or Sell Recommendation
| 3339 Stock | TWD 37.80 0.00 0.00% |
Assuming the 90 days trading horizon and your conservative attitude towards risk, our recommendation regarding Tekcore Co is 'Not Rated'. Macroaxis provides Tekcore buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Tekcore positions. The advice algorithm takes into account all of Tekcore's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Tekcore's buy or sell advice are summarized below:
Real Value 0.0 | Hype Value 0.0 | Market Value 37.8 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Tekcore Co given historical horizon and risk tolerance towards Tekcore. When Macroaxis issues a 'buy' or 'sell' recommendation for Tekcore Co, the advice is generated through an automated system that utilizes algorithms and statistical models.
Tekcore |
Execute Tekcore Buy or Sell Advice
The Tekcore recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Tekcore Co. Macroaxis does not own or have any residual interests in Tekcore Co or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Tekcore's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Solid | Details | |
Volatility | Out of control | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Very regressive towards the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Tekcore Trading Alerts and Improvement Suggestions
| Tekcore appears to be risky and price may revert if volatility continues | |
| Tekcore has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company reported the revenue of 630.24 M. Net Loss for the year was (52.6 M) with profit before overhead, payroll, taxes, and interest of 35.35 M. |
Tekcore Returns Distribution Density
The distribution of Tekcore's historical returns is an attempt to chart the uncertainty of Tekcore's future price movements. The chart of the probability distribution of Tekcore daily returns describes the distribution of returns around its average expected value. We use Tekcore Co price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Tekcore returns is essential to provide solid investment advice for Tekcore.
| Mean Return | 0.96 | Value At Risk | -2.87 | Potential Upside | 9.88 | Standard Deviation | 3.41 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Tekcore 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.
Tekcore 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 Tekcore or Technology 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 Tekcore'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 Tekcore 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 | 1.03 | |
β | Beta against NYSE Composite | -1.35 | |
σ | Overall volatility | 3.41 | |
Ir | Information ratio | 0.26 |
Tekcore Volatility Alert
Tekcore Co currently demonstrates below-average downside deviation. It has Information Ratio of 0.26 and Jensen Alpha of 1.03. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Tekcore'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 Tekcore'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.Tekcore Fundamentals Vs Peers
Comparing Tekcore'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 Tekcore's direct or indirect competition across all of the common fundamentals between Tekcore and the related equities. This way, we can detect undervalued stocks with similar characteristics as Tekcore or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Tekcore's fundamental indicators could also be used in its relative valuation, which is a method of valuing Tekcore by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Tekcore to competition |
| Fundamentals | Tekcore | Peer Average |
| Return On Equity | -9.55 | -0.31 |
| Return On Asset | -3.5 | -0.14 |
| Profit Margin | (8.35) % | (1.27) % |
| Operating Margin | (11.55) % | (5.51) % |
| Current Valuation | 902.26 M | 16.62 B |
| Shares Outstanding | 96.18 M | 571.82 M |
| Price To Book | 0.94 X | 9.51 X |
| Price To Sales | 0.78 X | 11.42 X |
| Revenue | 630.24 M | 9.43 B |
| Gross Profit | 35.35 M | 27.38 B |
| EBITDA | 72.14 M | 3.9 B |
| Net Income | (52.6 M) | 570.98 M |
| Cash And Equivalents | 125.09 M | 2.7 B |
| Cash Per Share | 1.30 X | 5.01 X |
| Total Debt | 532.02 M | 5.32 B |
| Debt To Equity | 101.40 % | 48.70 % |
| Current Ratio | 2.59 X | 2.16 X |
| Book Value Per Share | 5.45 X | 1.93 K |
| Cash Flow From Operations | 124.22 M | 971.22 M |
| Earnings Per Share | (0.55) X | 3.12 X |
| Number Of Employees | 9 | 18.84 K |
| Beta | 0.5 | -0.15 |
| Market Capitalization | 490.53 M | 19.03 B |
Tekcore Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Tekcore . 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 | 0.0376 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 37.88 | |||
| Day Typical Price | 37.85 | |||
| Market Facilitation Index | 1.45 | |||
| Price Action Indicator | (0.07) |
About Tekcore Buy or Sell Advice
When is the right time to buy or sell Tekcore Co? Buying financial instruments such as Tekcore 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 Tekcore 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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Companies that are related to providing gambling services across multiple geographical areas by investing, exploring, or producing software, hardware, and related infrastructure for running gambling operations or trading speculative assets. The Gambling theme has 38 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 Gambling Theme or any other thematic opportunities.
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Check out Tekcore 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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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When running Tekcore's price analysis, check to measure Tekcore'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 Tekcore is operating at the current time. Most of Tekcore's value examination focuses on studying past and present price action to predict the probability of Tekcore's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tekcore's price. Additionally, you may evaluate how the addition of Tekcore to your portfolios can decrease your overall portfolio volatility.
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