Wistron NeWeb (Taiwan) Buy Hold or Sell Recommendation

6285 Stock  TWD 156.00  6.50  4.35%   
Assuming the 90 days trading horizon and your way above-average risk tolerance, our recommendation regarding Wistron NeWeb Corp is 'Hold'. Macroaxis provides Wistron NeWeb buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding 6285 positions. The advice algorithm takes into account all of Wistron NeWeb's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Wistron NeWeb's buy or sell advice are summarized below:
Real Value
153.63
Hype Value
156
Market Value
156
Naive Value
155.21
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Wistron NeWeb Corp given historical horizon and risk tolerance towards Wistron NeWeb. When Macroaxis issues a 'buy' or 'sell' recommendation for Wistron NeWeb Corp, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Wistron NeWeb 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.
In addition, we conduct extensive research on individual companies such as Wistron and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Wistron NeWeb Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Execute Wistron NeWeb Buy or Sell Advice

The Wistron recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Wistron NeWeb Corp. Macroaxis does not own or have any residual interests in Wistron NeWeb Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Wistron NeWeb's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Wistron NeWebBuy Wistron NeWeb
Hold

Market Performance

Very WeakDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Slowly supersedes the marketDetails

Analyst Consensus

Not AvailableDetails

Reporting Quality (M-Score)

InapplicableDetails
For the selected time horizon Wistron NeWeb Corp has a Risk Adjusted Performance of (0.01), Jensen Alpha of (0.15), Total Risk Alpha of (0.58) and Treynor Ratio of (0.22)
Macroaxis provides trade recommendation on Wistron NeWeb to complement and cross-verify current analyst consensus on Wistron NeWeb Corp. Our trade advice engine determines the company's potential to grow exclusively from the perspective of an investor's current risk tolerance and investing horizon. To make sure Wistron NeWeb Corp is not overpriced, please check out all Wistron NeWeb Corp fundamentals, including its price to earning, price to sales, and the relationship between the shares owned by institutions and price to book .

Wistron NeWeb Trading Alerts and Improvement Suggestions

Wistron NeWeb Corp has accumulated about 2.95 B in cash with (3.57 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.62.
Roughly 31.0% of the company shares are owned by insiders or employees

Wistron NeWeb Returns Distribution Density

The distribution of Wistron NeWeb's historical returns is an attempt to chart the uncertainty of Wistron NeWeb's future price movements. The chart of the probability distribution of Wistron NeWeb daily returns describes the distribution of returns around its average expected value. We use Wistron NeWeb Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Wistron NeWeb returns is essential to provide solid investment advice for Wistron NeWeb.
Mean Return
-0.08
Value At Risk
-3.19
Potential Upside
4.00
Standard Deviation
2.18
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Wistron NeWeb 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.

Wistron NeWeb 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 Wistron NeWeb or Communications Equipment 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 Wistron NeWeb'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 Wistron 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
-0.15
β
Beta against NYSE Composite0.44
σ
Overall volatility
2.21
Ir
Information ratio -0.1

Wistron NeWeb Volatility Alert

Wistron NeWeb Corp exhibits very low volatility with skewness of 0.72 and kurtosis of 1.41. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Wistron NeWeb'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 Wistron NeWeb'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.

Wistron NeWeb Fundamentals Vs Peers

Comparing Wistron NeWeb'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 Wistron NeWeb's direct or indirect competition across all of the common fundamentals between Wistron NeWeb and the related equities. This way, we can detect undervalued stocks with similar characteristics as Wistron NeWeb or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Wistron NeWeb's fundamental indicators could also be used in its relative valuation, which is a method of valuing Wistron NeWeb by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Wistron NeWeb to competition
FundamentalsWistron NeWebPeer Average
Return On Equity0.14-0.31
Return On Asset0.0272-0.14
Profit Margin0.03 %(1.27) %
Operating Margin0.03 %(5.51) %
Current Valuation46.92 B16.62 B
Shares Outstanding395.81 M571.82 M
Shares Owned By Insiders31.34 %10.09 %
Shares Owned By Institutions26.27 %39.21 %
Price To Earning16.22 X28.72 X
Price To Book1.83 X9.51 X
Price To Sales0.39 X11.42 X
Revenue67.23 B9.43 B
Gross Profit7.25 B27.38 B
EBITDA3.04 B3.9 B
Net Income1.23 B570.98 M
Cash And Equivalents2.95 B2.7 B
Cash Per Share7.62 X5.01 X
Total Debt1.69 B5.32 B
Debt To Equity25.80 %48.70 %
Current Ratio1.61 X2.16 X
Book Value Per Share47.11 X1.93 K
Cash Flow From Operations(3.57 B)971.22 M
Earnings Per Share5.91 X3.12 X
Price To Earnings To Growth0.77 X4.89 X
Target Price109.8
Number Of Employees3918.84 K
Beta0.52-0.15
Market Capitalization34.32 B19.03 B
Total Asset44.5 B29.47 B
Retained Earnings7 B9.33 B
Working Capital7.38 B1.48 B
Current Asset21.5 B9.34 B
Current Liabilities14.12 B7.9 B

Wistron NeWeb Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Wistron . 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 Wistron NeWeb Buy or Sell Advice

When is the right time to buy or sell Wistron NeWeb Corp? Buying financial instruments such as Wistron 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 Wistron NeWeb 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 Recycling Thematic Idea Now

Recycling
Recycling Theme
West management companies as well as entities specializing in pollution control and recycling. The Recycling theme has 44 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 Recycling Theme or any other thematic opportunities.
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Check out Wistron NeWeb 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 Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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Please note, there is a significant difference between Wistron NeWeb's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wistron NeWeb is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wistron NeWeb's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.