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By Achuva Shats

October 8, 2019

This story covers 6 Plastics equities to potentially sell in November 2019. Specifically, I will break down the following equities: CTI Industries Corporation, Myers Industries, Trinseo S A, Airboss Of America Corp, Carclo Engr Plc Ord, and The Goodyear Tire Rubber Comp
6 Plastics stocks to get rid of in November 2019

This list of potential positions covers Rubber and plastics accessories. Companies manufacturing rubber and plastics accessories in USA. Please note, we provide buy hold or sell recommendation only in the context of selected investment horizon assuming investor has average attitude towards taking risk. Please also consider using Portfolio Positions Ratings and Equity Ratings tools to further calibrate your research.


CTI Industries Corporation (CTIB)

About 50.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.78. Some equities with similar Price to Book (P/B) outperform the market in the long run. The entity recorded loss per share of 1.97. The entity last dividend was issued on 2011-07-14. The firm had 1:1 split on 2002-12-24. This firm currently falls under 'Nano-Cap' category with current market capitalization of 8.21 M. CTI Industries shows prevailing Real Value of $1.9055 per share. The current price of the firm is $2.06. Based on Macroaxis valuation methodology, the firm appears to be overvalued. This module approximates value of CTI Industries from reviewing the firm fundamentals such as Profit Margin of 0.0365 , Operating Margin of (2.95)  and Return On Equity of 0.0044  as well as analyzing its technical indicators and Probability Of Bankruptcy. In general, we favor to go long with undervalued instruments and to trade away overvalued instruments since in the future assets prices and their ongoing real values will blend. CTI Industries shows prevailing Real Value of $1.9055 per share. The current price of the firm is $2.06. Based on Macroaxis valuation methodology, the firm appears to be overvalued. This module approximates value of CTI Industries from reviewing the firm fundamentals such as Operating Margin of (2.95) , Return On Equity of 0.0044  and Profit Margin of 0.0365  as well as analyzing its technical indicators and Probability Of Bankruptcy. In general, we favor to go long with undervalued instruments and to trade away overvalued instruments since in the future assets prices and their ongoing real values will blend.

Myers Industries (MYE)

About 91.0% of the company shares are owned by institutional investors. The book value of The entity was now reported as 5.24. The company has Price/Earnings To Growth (PEG) ratio of 1.01. The entity recorded loss per share of 0.16. The entity last dividend was issued on 2019-08-30. The firm had 11:10 split on 2004-08-11. This firm currently falls under 'Small-Cap' category with total capitalization of 627.17 M.
Total Debt
Myers Industries secures last-minute Real Value of $18.72 per share. The latest price of the firm is $16.36. At this time the firm appears to be undervalued. This module forecasts value of Myers Industries from analyzing the firm fundamentals such as Profit Margin of 0.0003 , Return On Equity of 0.0008  and Current Valuation of 637.3 M as well as examining its technical indicators and Probability Of Bankruptcy. In general, we recommend to purchase undervalued stocks and to get rid of overvalued stocks since at some point entities prices and their ongoing real values will merge together.

Trinseo S A (TSE)

The company has Net Profit Margin of 3.26 % which may imply that it executes well on its competitive polices and has a good control over its expenditures and variable costs. This is considered to be average in the sector. In the same way, it shows Net Operating Margin of 5.58 % which entails that for every 100 dollars of revenue it generated 0.06 of operating income. The entity currently falls under 'Mid-Cap' category with total capitalization of 1.74 B. Trinseo S A has current Real Value of $49.43 per share. The regular price of the company is $42.54. At this time the company appears to be undervalued. This module measures value of Trinseo S A from inspecting the company fundamentals such as Shares Outstanding of 40.2 M, Return On Equity of 17.80  and Operating Margin of 5.58  as well as reviewing its technical indicators and Probability Of Bankruptcy. In general, we recommend to buy undervalued stocks and to dispose of overvalued stocks since at some point securities prices and their ongoing real values will draw towards each other. Trinseo S competes with Yokohama Rubber, Goodyear Tire, Advanced Drainage, Semperit, Airboss Of, and VULCAN INTERNATIONAL. Trinseo S.A., a materials company, manufactures and markets synthetic rubber, latex binders, and plastic products in Europe, the United States, the Asia-Pacific, and internationally. Trinseo S.A. was founded in 2010 and is based in Berwyn, Pennsylvania. Trinseo S operates under Rubber Plastics classification in USA and is traded on BATS Exchange. It employs 2500 people.

Airboss Of America Corp (ABSSF)

The company has return on total asset (ROA) of 3.9 % which means that it generated profit of $3.9 on every $100 spent on asset. This is normal as compared to the sector avarege. Similarly, it shows return on equity (ROE) of 7.25 % meaning that it generated $7.25 on every $100 dollars invested by stockholders. The firm currently falls under 'Small-Cap' category with current market capitalization of 126.97 M. Airboss Of America shows prevailing Real Value of $5.95 per share. The current price of the firm is $5.72. At this time the firm appears to be undervalued. This module approximates value of Airboss Of America from analyzing the firm fundamentals such as Profit Margin of 2.79 , Return On Equity of 7.25  and Current Valuation of 199.28 M as well as examining its technical indicators and Probability Of Bankruptcy. In general, we favor to go long with undervalued instruments and to trade away overvalued instruments since at some point assets prices and their ongoing real values will blend.

Carclo Engr Plc Ord (CCEGF)

The company has return on total asset (ROA) of 3.49 % which means that it generated profit of $3.49 on every $100 spent on asset. This is normal as compared to the sector avarege. Similarly, it shows return on equity (ROE) of 14.73 % meaning that it generated $14.73 on every $100 dollars invested by stockholders. The firm currently falls under 'Nano-Cap' category with current market capitalization of 7.02 M. Carclo Engr Plc shows prevailing Real Value of $3.58 per share. The current price of the firm is $3.5. At this time the firm appears to be fairly valued. This module approximates value of Carclo Engr Plc from analyzing the firm fundamentals such as Shares Outstanding of 73.42 M, Return On Equity of 14.73  and Profit Margin of 5.32  as well as examining its technical indicators and Probability Of Bankruptcy. In general, we favor to go long with undervalued instruments and to trade away overvalued instruments since at some point assets prices and their ongoing real values will blend. Carclo Engr Plc shows prevailing Real Value of $3.58 per share. The current price of the firm is $3.5. At this time the firm appears to be fairly valued. This module approximates value of Carclo Engr Plc from analyzing the firm fundamentals such as Shares Outstanding of 73.42 M, Profit Margin of 5.32  and Return On Equity of 14.73  as well as examining its technical indicators and Probability Of Bankruptcy. In general, we favor to go long with undervalued instruments and to trade away overvalued instruments since at some point assets prices and their ongoing real values will blend.

The Goodyear Tire Rubber Comp (GT)

About 92.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 0.66. Some equities with similar Price to Book (P/B) outperform the market in the long run. The entity last dividend was issued on 2019-10-31. The entity had 2:1 split on 1993-05-05. The entity currently falls under 'Mid-Cap' category with market capitalization of 3.2 B.
Total Debt
Goodyear Tire competes with CTI Industries, Core Molding, China XD, EMC Insurance, Cooper Tire, Anixter International, and Myers Industries. The Goodyear Tire Rubber Company, together with its subsidiaries, develops, manufactures, distributes, and sells tires and related products and services worldwide. The Goodyear Tire Rubber Company was founded in 1898 and is headquartered in Akron, Ohio. Goodyear Tire operates under Rubber Plastics classification in USA and is traded on BATS Exchange. It employs 64000 people.

Current 6 Plastics Recommendations

Competition Technical Indicators

Mean
Deviation
Jensen
Alpha
Sortino
Ratio
Treynor
Ratio
Semi
Deviation
Information
Ratio
Expected
Shortfall
Potential
Upside
Value
At Risk
Maximum
Drawdown
 3.12 (0.48)  0.00 (5.71)  0.00 (0.1)  0.00  7.87 (7.87)  25.30 
 9.78  2.64  0.00  4.12  0.00  0.10  0.00  33.33  0.00  160.00 
 2.20 (0.15)  0.00 (0.31)  0.00 (0.0451)  0.00  4.32 (4.31)  18.58 
 2.29  0.15  0.05  0.13  2.61  0.0425 (3.04)  4.76 (4.19)  20.99 
 0.13  0.01  0.19 (0.21)  0.00  0.20 (0.18)  0.42 (0.28)  1.39 
 12.24  2.50  0.08 (6.14)  12.61  0.12 (31.33)  50.00 (33.33)  148.13 
 2.11  0.15  0.05  0.05  2.41  0.0452 (2.42)  5.40 (4.48)  10.78 
 1.75 (0.09)  0.00 (0.11)  0.00 (0.0386)  0.00  3.55 (3.25)  12.57 
 1.75  0.34  0.15  0.18  1.87  0.14 (1.85)  4.06 (3.67)  10.35 
 1.53 (0.03)  0.00 (0.07)  0.00 (0.0142)  0.00  3.04 (3.28)  13.61 

About Contributor

Achuva Shats
   Achuva Shats is a Member of Macroaxs Editorial Board. Achuva writes about retail product and service companies from the prospective of a regular consumer and sophisticated investor at the same time. She is passionate about corporate ethics and equality in the workforce View Profile
This story should be regarded as informational only and should not be considered as solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Achuva Shats do not own shares of Macroaxis. Please refer to our Terms of Use for any information regarding our disclosure principles.

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