Mildex Optical (Taiwan) Buy Hold or Sell Recommendation
| 4729 Stock | TWD 17.70 0.45 2.61% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Mildex Optical is 'Strong Sell'. Macroaxis provides Mildex Optical buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding 4729 positions. The advice algorithm takes into account all of Mildex Optical's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Mildex Optical's buy or sell advice are summarized below:
Real Value 15.4 | Hype Value 17.7 | Market Value 17.7 | Naive Value 16.6 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Mildex Optical given historical horizon and risk tolerance towards Mildex Optical. When Macroaxis issues a 'buy' or 'sell' recommendation for Mildex Optical, the advice is generated through an automated system that utilizes algorithms and statistical models.
Mildex |
Execute Mildex Optical Buy or Sell Advice
The Mildex recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Mildex Optical. Macroaxis does not own or have any residual interests in Mildex Optical or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Mildex Optical's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Quite High | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Mildex Optical Trading Alerts and Improvement Suggestions
| Mildex Optical had very high historical volatility over the last 90 days | |
| Mildex Optical has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 1.15 B. Net Loss for the year was (129.41 M) with profit before overhead, payroll, taxes, and interest of 120.58 M. | |
| Mildex Optical has accumulated about 625.46 M in cash with (24.89 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.05. | |
| Roughly 53.0% of the company shares are owned by insiders or employees |
Mildex Optical Returns Distribution Density
The distribution of Mildex Optical's historical returns is an attempt to chart the uncertainty of Mildex Optical's future price movements. The chart of the probability distribution of Mildex Optical daily returns describes the distribution of returns around its average expected value. We use Mildex Optical price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Mildex Optical returns is essential to provide solid investment advice for Mildex Optical.
| Mean Return | 0.33 | Value At Risk | -5.62 | Potential Upside | 9.84 | Standard Deviation | 4.28 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Mildex Optical 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.
Mildex Optical 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 Mildex Optical or Electronic Equipment, Instruments & Components 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 Mildex Optical'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 Mildex 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 | 0.22 | |
β | Beta against NYSE Composite | 1.17 | |
σ | Overall volatility | 3.93 | |
Ir | Information ratio | 0.06 |
Mildex Optical Volatility Alert
Mildex Optical 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 Mildex Optical'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 Mildex Optical'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.Mildex Optical Fundamentals Vs Peers
Comparing Mildex Optical'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 Mildex Optical's direct or indirect competition across all of the common fundamentals between Mildex Optical and the related equities. This way, we can detect undervalued stocks with similar characteristics as Mildex Optical or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Mildex Optical's fundamental indicators could also be used in its relative valuation, which is a method of valuing Mildex Optical by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Mildex Optical to competition |
| Fundamentals | Mildex Optical | Peer Average |
| Return On Equity | -0.0679 | -0.31 |
| Return On Asset | 0.0083 | -0.14 |
| Profit Margin | (0.03) % | (1.27) % |
| Operating Margin | 0.03 % | (5.51) % |
| Current Valuation | 2.27 B | 16.62 B |
| Shares Outstanding | 77.73 M | 571.82 M |
| Shares Owned By Insiders | 53.10 % | 10.09 % |
| Price To Book | 1.16 X | 9.51 X |
| Price To Sales | 0.89 X | 11.42 X |
| Revenue | 1.15 B | 9.43 B |
| Gross Profit | 120.58 M | 27.38 B |
| EBITDA | (30.25 M) | 3.9 B |
| Net Income | (129.41 M) | 570.98 M |
| Cash And Equivalents | 625.46 M | 2.7 B |
| Cash Per Share | 8.05 X | 5.01 X |
| Total Debt | 737.62 M | 5.32 B |
| Debt To Equity | 1.50 % | 48.70 % |
| Current Ratio | 1.43 X | 2.16 X |
| Book Value Per Share | 13.46 X | 1.93 K |
| Cash Flow From Operations | (24.89 M) | 971.22 M |
| Earnings Per Share | (1.08) X | 3.12 X |
| Number Of Employees | 12 | 18.84 K |
| Beta | 0.53 | -0.15 |
| Market Capitalization | 1.18 B | 19.03 B |
| Total Asset | 3.32 B | 29.47 B |
| Z Score | 0.6 | 8.72 |
| Net Asset | 3.32 B |
Mildex Optical Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Mildex . 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 Mildex Optical Buy or Sell Advice
When is the right time to buy or sell Mildex Optical? Buying financial instruments such as Mildex 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 Mildex Optical 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 manufacturing electronic appliances and goods. The Electronics theme has 45 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 Electronics Theme or any other thematic opportunities.
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Check out Mildex Optical 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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
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When running Mildex Optical's price analysis, check to measure Mildex Optical'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 Mildex Optical is operating at the current time. Most of Mildex Optical's value examination focuses on studying past and present price action to predict the probability of Mildex Optical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mildex Optical's price. Additionally, you may evaluate how the addition of Mildex Optical to your portfolios can decrease your overall portfolio volatility.
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