25 XP   0   0   10

Cathay Financial Holding Co Ltd Pref A
Buy, Hold or Sell?

Let's analyse Cathay Financial Holding Co Ltd Pref A together

PenkeI guess you are interested in Cathay Financial Holding Co Ltd Pref A. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Cathay Financial Holding Co Ltd Pref A. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

Get notifications about Cathay Financial Holding Co Ltd Pref A

I send you an email if I find something interesting about Cathay Financial Holding Co Ltd Pref A.

Quick analysis of Cathay Financial Holding Co Ltd Pref A (30 sec.)










What can you expect buying and holding a share of Cathay Financial Holding Co Ltd Pref A? (30 sec.)

How much money do you get?

How much money do you get?
NT$0.00
When do you have the money?
1 year
How often do you get paid?
60.0%

What is your share worth?

Current worth
NT$54.63
Expected worth in 1 year
NT$67.57
How sure are you?
66.7%

+ What do you gain per year?

Total Gains per Share
NT$12.93
Return On Investment
21.5%

For what price can you sell your share?

Current Price per Share
NT$60.20
Expected price per share
NT$60.00 - NT$59.93
How sure are you?
50%

1. Valuation of Cathay Financial Holding Co Ltd Pref A (5 min.)




Live pricePrice per Share (EOD)

NT$60.20

Intrinsic Value Per Share

NT$-42.98 - NT$-51.56

Total Value Per Share

NT$11.66 - NT$3.07

2. Growth of Cathay Financial Holding Co Ltd Pref A (5 min.)




Is Cathay Financial Holding Co Ltd Pref A growing?

Current yearPrevious yearGrowGrow %
How rich?$25b$16.7b$5.9b26.4%

How much money is Cathay Financial Holding Co Ltd Pref A making?

Current yearPrevious yearGrowGrow %
Making money$398.5m$292.3m$106.1m26.6%
Net Profit Margin12.9%-1.1%--

How much money comes from the company's main activities?

3. Financial Health of Cathay Financial Holding Co Ltd Pref A (5 min.)




What can you expect buying and holding a share of Cathay Financial Holding Co Ltd Pref A? (5 min.)

Welcome investor! Cathay Financial Holding Co Ltd Pref A's management wants to use your money to grow the business. In return you get a share of Cathay Financial Holding Co Ltd Pref A.

What can you expect buying and holding a share of Cathay Financial Holding Co Ltd Pref A?

First you should know what it really means to hold a share of Cathay Financial Holding Co Ltd Pref A. And how you can make/lose money.

Speculation

The Price per Share of Cathay Financial Holding Co Ltd Pref A is NT$60.20. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Cathay Financial Holding Co Ltd Pref A.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Cathay Financial Holding Co Ltd Pref A, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is NT$54.63. Based on the TTM, the Book Value Change Per Share is NT$3.23 per quarter. Based on the YOY, the Book Value Change Per Share is NT$-6.93 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is NT$0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Cathay Financial Holding Co Ltd Pref A.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 NT$% of Price per ShareNT$% of Price per ShareNT$% of Price per ShareNT$% of Price per ShareNT$% of Price per Share
Usd Eps-0.020.0%0.030.0%0.020.0%0.040.1%0.040.1%
Usd Book Value Change Per Share0.250.4%0.100.2%-0.22-0.4%0.110.2%0.110.2%
Usd Dividend Per Share0.000.0%0.000.0%0.090.1%0.060.1%0.060.1%
Usd Total Gains Per Share0.250.4%0.100.2%-0.13-0.2%0.170.3%0.170.3%
Usd Price Per Share1.87-1.86-1.88-1.91-1.91-
Price to Earnings Ratio-26.26-5.72-12.49-10.01-10.01-
Price-to-Total Gains Ratio7.54-6.79--4.16--5.37--5.37-
Price to Book Ratio1.09-1.20-1.70-1.22-1.22-
Price-to-Total Gains Ratio7.54-6.79--4.16--5.37--5.37-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1.88426
Number of shares530
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.06
Usd Book Value Change Per Share0.100.11
Usd Total Gains Per Share0.100.17
Gains per Quarter (530 shares)53.6491.74
Gains per Year (530 shares)214.57366.96
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10215205125242357
20429420251483724
306446353767251091
408588505019671458
501073106562612081825
601287128075214502192
701502149587716922559
8017171710100219342926
9019311925112721753293
10021462140125324173660

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share3.01.00.075.0%10.02.00.083.3%13.02.00.086.7%13.02.00.086.7%13.02.00.086.7%
Book Value Change Per Share3.01.00.075.0%6.06.00.050.0%9.06.00.060.0%9.06.00.060.0%9.06.00.060.0%
Dividend per Share0.00.04.00.0%7.00.05.058.3%9.00.06.060.0%9.00.06.060.0%9.00.06.060.0%
Total Gains per Share3.01.00.075.0%7.05.00.058.3%10.05.00.066.7%10.05.00.066.7%10.05.00.066.7%

Fundamentals of Cathay Financial Holding Co Ltd Pref A

About Cathay Financial Holding Co Ltd Pref A

Cathay Financial Holding Co., Ltd., through its subsidiaries, provides various financial products and services in Taiwan, rest of Asia, and internationally. The company operates through five segments: Banking, Life Insurance, Property Insurance, Securities, and Other segments. It offers banking, foreign exchange, guarantee, foreign exchange investment and consulting, trust, offshore banking units, and other financial services. The company also provides traditional, investment-linked, and annuity insurance products; financial planning and policy loan services; and various insurance products, such as fire, marine, land and air, liability, financial guarantee, and other insurance products. In addition, it offers securities brokerage, dealership, underwriting, and security financial services, as well as other financial products and futures services. Further, the company provides real estate investment and management, real estate and office leasing, asset management, fund management, venture capital, private equity service, and risk management software, as well as electric power supply, electric transmission, and power distribution, and machinery manufacturing services. The company was incorporated in 2001 and is based in Taipei City, Taiwan.

Fundamental data was last updated by Penke on 2024-03-25 20:32:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is just able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is cheap.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Cathay Financial Holding Co Ltd Pref A.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Cathay Financial Holding Co Ltd Pref A earns for each NT$1 of revenue.

  • Above 10% is considered healthy but always compare Cathay Financial Holding Co Ltd Pref A to the Insurance - Life industry mean.
  • A Net Profit Margin of -20.6% means that NT$-0.21 for each NT$1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Cathay Financial Holding Co Ltd Pref A:

  • The MRQ is -20.6%. The company is making a huge loss. -2
  • The TTM is 12.9%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ-20.6%TTM12.9%-33.6%
TTM12.9%YOY-1.1%+14.0%
TTM12.9%5Y11.2%+1.8%
5Y11.2%10Y11.2%0.0%
1.1.2. Return on Assets

Shows how efficient Cathay Financial Holding Co Ltd Pref A is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Cathay Financial Holding Co Ltd Pref A to the Insurance - Life industry mean.
  • -0.1% Return on Assets means that Cathay Financial Holding Co Ltd Pref A generated NT$0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Cathay Financial Holding Co Ltd Pref A:

  • The MRQ is -0.1%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is 0.1%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ-0.1%TTM0.1%-0.2%
TTM0.1%YOY0.1%+0.0%
TTM0.1%5Y0.2%-0.1%
5Y0.2%10Y0.2%0.0%
1.1.3. Return on Equity

Shows how efficient Cathay Financial Holding Co Ltd Pref A is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Cathay Financial Holding Co Ltd Pref A to the Insurance - Life industry mean.
  • -1.1% Return on Equity means Cathay Financial Holding Co Ltd Pref A generated NT$-0.01 for each NT$1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Cathay Financial Holding Co Ltd Pref A:

  • The MRQ is -1.1%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is 1.9%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ-1.1%TTM1.9%-2.9%
TTM1.9%YOY1.7%+0.2%
TTM1.9%5Y2.4%-0.6%
5Y2.4%10Y2.4%0.0%

1.2. Operating Efficiency of Cathay Financial Holding Co Ltd Pref A.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Cathay Financial Holding Co Ltd Pref A is operating .

  • Measures how much profit Cathay Financial Holding Co Ltd Pref A makes for each NT$1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Cathay Financial Holding Co Ltd Pref A to the Insurance - Life industry mean.
  • An Operating Margin of 0.0% means the company generated NT$0.00  for each NT$1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Cathay Financial Holding Co Ltd Pref A:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM8.8%-8.8%
TTM8.8%YOY-4.3%+13.1%
TTM8.8%5Y17.2%-8.3%
5Y17.2%10Y17.2%0.0%
1.2.2. Operating Ratio

Measures how efficient Cathay Financial Holding Co Ltd Pref A is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Insurance - Life industry mean).
  • An Operation Ratio of 0.00 means that the operating costs are NT$0.00 for each NT$1 in net sales.

Let's take a look of the Operating Ratio trends of Cathay Financial Holding Co Ltd Pref A:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y-0.000
5Y-10Y-0.000

1.3. Liquidity of Cathay Financial Holding Co Ltd Pref A.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Cathay Financial Holding Co Ltd Pref A is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Insurance - Life industry mean).
  • A Current Ratio of 0.00 means the company has NT$0.00 in assets for each NT$1 in short-term debts.

Let's take a look of the Current Ratio trends of Cathay Financial Holding Co Ltd Pref A:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM5.706-5.706
TTM5.706YOY0.996+4.710
TTM5.7065Y2.280+3.426
5Y2.28010Y2.2800.000
1.3.2. Quick Ratio

Measures if Cathay Financial Holding Co Ltd Pref A is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Cathay Financial Holding Co Ltd Pref A to the Insurance - Life industry mean.
  • A Quick Ratio of 0.00 means the company can pay off NT$0.00 for each NT$1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Cathay Financial Holding Co Ltd Pref A:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM0.642-0.642
TTM0.642YOY0.085+0.558
TTM0.6425Y0.235+0.407
5Y0.23510Y0.2350.000

1.4. Solvency of Cathay Financial Holding Co Ltd Pref A.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Cathay Financial Holding Co Ltd Pref A assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Cathay Financial Holding Co Ltd Pref A to Insurance - Life industry mean.
  • A Debt to Asset Ratio of 0.94 means that Cathay Financial Holding Co Ltd Pref A assets are financed with 93.7% credit (debt) and the remaining percentage (100% - 93.7%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Cathay Financial Holding Co Ltd Pref A:

  • The MRQ is 0.937. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.943. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.937TTM0.943-0.005
TTM0.943YOY0.955-0.012
TTM0.9435Y0.936+0.007
5Y0.93610Y0.9360.000
1.4.2. Debt to Equity Ratio

Measures if Cathay Financial Holding Co Ltd Pref A is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Cathay Financial Holding Co Ltd Pref A to the Insurance - Life industry mean.
  • A Debt to Equity ratio of 1,524.0% means that company has NT$15.24 debt for each NT$1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Cathay Financial Holding Co Ltd Pref A:

  • The MRQ is 15.240. The company is unable to pay all its debts with equity. -1
  • The TTM is 16.825. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ15.240TTM16.825-1.585
TTM16.825YOY24.560-7.735
TTM16.8255Y16.593+0.232
5Y16.59310Y16.5930.000

2. Market Valuation of Cathay Financial Holding Co Ltd Pref A

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every NT$1 in earnings Cathay Financial Holding Co Ltd Pref A generates.

  • Above 15 is considered overpriced but always compare Cathay Financial Holding Co Ltd Pref A to the Insurance - Life industry mean.
  • A PE ratio of -26.26 means the investor is paying NT$-26.26 for every NT$1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Cathay Financial Holding Co Ltd Pref A:

  • The EOD is -26.525. Based on the earnings, the company is expensive. -2
  • The MRQ is -26.261. Based on the earnings, the company is expensive. -2
  • The TTM is 5.720. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD-26.525MRQ-26.261-0.264
MRQ-26.261TTM5.720-31.981
TTM5.720YOY12.493-6.773
TTM5.7205Y10.014-4.294
5Y10.01410Y10.0140.000
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Cathay Financial Holding Co Ltd Pref A:

  • The EOD is -2.236. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -2.213. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is 0.456. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD-2.236MRQ-2.213-0.022
MRQ-2.213TTM0.456-2.670
TTM0.456YOY136.597-136.141
TTM0.4565Y37.825-37.368
5Y37.82510Y37.8250.000
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Cathay Financial Holding Co Ltd Pref A is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Insurance - Life industry mean).
  • A PB ratio of 1.09 means the investor is paying NT$1.09 for each NT$1 in book value.

Let's take a look of the Price to Book Ratio trends of Cathay Financial Holding Co Ltd Pref A:

  • The EOD is 1.102. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.091. Based on the equity, the company is underpriced. +1
  • The TTM is 1.203. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.102MRQ1.091+0.011
MRQ1.091TTM1.203-0.112
TTM1.203YOY1.697-0.494
TTM1.2035Y1.219-0.016
5Y1.21910Y1.2190.000
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Cathay Financial Holding Co Ltd Pref A compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--7.9073.234+145%-6.927+188%3.642+117%3.642+117%
Book Value Per Share--54.63549.480+10%39.374+39%54.387+0%54.387+0%
Current Ratio---5.706-100%0.996-100%2.280-100%2.280-100%
Debt To Asset Ratio--0.9370.943-1%0.955-2%0.936+0%0.936+0%
Debt To Equity Ratio--15.24016.825-9%24.560-38%16.593-8%16.593-8%
Dividend Per Share----0%2.818-100%1.888-100%1.888-100%
Eps---0.5670.810-170%0.677-184%1.345-142%1.345-142%
Free Cash Flow Per Share---6.732-1.098-84%-0.593-91%0.962-800%0.962-800%
Free Cash Flow To Equity Per Share---6.732-1.170-83%-0.570-92%0.762-984%0.762-984%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---51.560--------
Intrinsic Value_10Y_min---42.976--------
Intrinsic Value_1Y_max---1.183--------
Intrinsic Value_1Y_min---1.159--------
Intrinsic Value_3Y_max---6.590--------
Intrinsic Value_3Y_min---6.230--------
Intrinsic Value_5Y_max---15.657--------
Intrinsic Value_5Y_min---14.271--------
Market Cap752415716147.200-16%874284916000.000869884153000.000+1%814011442000.000+7%833667552066.667+5%833667552066.667+5%
Net Profit Margin---0.2060.129-259%-0.011-95%0.112-284%0.112-284%
Operating Margin---0.088-100%-0.0430%0.172-100%0.172-100%
Operating Ratio----0%-0%-0%-0%
Pb Ratio1.102+1%1.0911.203-9%1.697-36%1.219-10%1.219-10%
Pe Ratio-26.525-1%-26.2615.720-559%12.493-310%10.014-362%10.014-362%
Price Per Share60.200+1%59.60059.300+1%60.200-1%61.073-2%61.073-2%
Price To Free Cash Flow Ratio-2.236-1%-2.2130.456-585%136.597-102%37.825-106%37.825-106%
Price To Total Gains Ratio7.613+1%7.5376.789+11%-4.157+155%-5.372+171%-5.372+171%
Quick Ratio---0.642-100%0.085-100%0.235-100%0.235-100%
Return On Assets---0.0010.001-165%0.001-180%0.002-140%0.002-140%
Return On Equity---0.0110.019-156%0.017-162%0.024-143%0.024-143%
Total Gains Per Share--7.9073.234+145%-4.109+152%5.530+43%5.530+43%
Usd Book Value--25085248907.60022718414725.450+10%16719069779.200+50%23168034604.527+8%23168034604.527+8%
Usd Book Value Change Per Share--0.2470.101+145%-0.217+188%0.114+117%0.114+117%
Usd Book Value Per Share--1.7101.549+10%1.232+39%1.702+0%1.702+0%
Usd Dividend Per Share----0%0.088-100%0.059-100%0.059-100%
Usd Eps---0.0180.025-170%0.021-184%0.042-142%0.042-142%
Usd Free Cash Flow---3090915126.600-504165493.375-84%-243966832.750-92%382781021.280-907%382781021.280-907%
Usd Free Cash Flow Per Share---0.211-0.034-84%-0.019-91%0.030-800%0.030-800%
Usd Free Cash Flow To Equity Per Share---0.211-0.037-83%-0.018-92%0.024-984%0.024-984%
Usd Market Cap23550611915.407-16%27365117870.80027227373988.900+1%25478558134.600+7%26093794379.687+5%26093794379.687+5%
Usd Price Per Share1.884+1%1.8651.856+1%1.884-1%1.912-2%1.912-2%
Usd Profit---260513937.700398518368.625-165%292336992.000-189%582372146.527-145%582372146.527-145%
Usd Revenue--1264260022.2002144017604.500-41%2812506861.525-55%3621893768.627-65%3621893768.627-65%
Usd Total Gains Per Share--0.2470.101+145%-0.129+152%0.173+43%0.173+43%
 EOD+4 -4MRQTTM+16 -16YOY+16 -175Y+15 -1910Y+15 -19

3.2. Fundamental Score

Let's check the fundamental score of Cathay Financial Holding Co Ltd Pref A based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-26.525
Price to Book Ratio (EOD)Between0-11.102
Net Profit Margin (MRQ)Greater than0-0.206
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.000
Current Ratio (MRQ)Greater than10.000
Debt to Asset Ratio (MRQ)Less than10.937
Debt to Equity Ratio (MRQ)Less than115.240
Return on Equity (MRQ)Greater than0.15-0.011
Return on Assets (MRQ)Greater than0.05-0.001
Total1/10 (10.0%)

3.3. Technical Score

Let's check the technical score of Cathay Financial Holding Co Ltd Pref A based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5051.790
Ma 20Greater thanMa 5060.195
Ma 50Greater thanMa 10060.136
Ma 100Greater thanMa 20059.956
OpenGreater thanClose60.200
Total4/5 (80.0%)



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in TWD. All numbers in thousands.

Summary
Total Assets12,811,120,326
Total Liabilities12,009,674,674
Total Stockholder Equity788,054,685
 As reported
Total Liabilities 12,009,674,674
Total Stockholder Equity+ 788,054,685
Total Assets = 12,811,120,326

Assets

Total Assets12,811,120,326
Total Current Assets0
Long-term Assets0
Total Current Assets
Cash And Cash Equivalents 657,600,784
Total Current Assets  (as reported)0
Total Current Assets  (calculated)657,600,784
+/- 657,600,784
Long-term Assets
Property Plant Equipment 114,927,064
Long Term Investments 8,387,755,923
Long-term Assets  (as reported)0
Long-term Assets  (calculated)8,502,682,987
+/- 8,502,682,987

Liabilities & Shareholders' Equity

Total Current Liabilities0
Long-term Liabilities0
Total Stockholder Equity788,054,685
Total Current Liabilities
Accounts payable 90,464,445
Total Current Liabilities  (as reported)0
Total Current Liabilities  (calculated)90,464,445
+/- 90,464,445
Long-term Liabilities
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)0
+/-0
Total Stockholder Equity
Retained Earnings 50,240,458
Total Stockholder Equity (as reported)788,054,685
Total Stockholder Equity (calculated)50,240,458
+/- 737,814,227
Other
Capital Stock162,025,102
Common Stock Shares Outstanding 14,669,210
Net Invested Capital 1,038,179,489
Property Plant and Equipment Gross 114,927,064



Balance Sheet

Currency in TWD. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-30
> Total Assets 
10,346,868,986
10,562,019,990
10,950,472,444
11,080,841,580
11,318,443,471
11,383,850,222
11,594,361,461
11,709,048,814
11,583,284,097
11,889,627,463
12,070,885,583
12,248,224,192
12,709,227,302
12,897,826,562
12,811,120,326
12,811,120,32612,897,826,56212,709,227,30212,248,224,19212,070,885,58311,889,627,46311,583,284,09711,709,048,81411,594,361,46111,383,850,22211,318,443,47111,080,841,58010,950,472,44410,562,019,99010,346,868,986
   > Total Current Assets 
0
2,519,506,056
2,811,387,759
2,671,334,391
2,753,293,162
2,753,160,763
3,128,024,436
2,805,143,846
2,388,797,425
2,378,896,842
2,783,239,638
2,822,519,598
3,013,903,983
0
0
003,013,903,9832,822,519,5982,783,239,6382,378,896,8422,388,797,4252,805,143,8463,128,024,4362,753,160,7632,753,293,1622,671,334,3912,811,387,7592,519,506,0560
       Cash And Cash Equivalents 
587,645,572
655,372,569
666,220,179
600,445,605
741,909,654
675,316,689
702,181,532
568,414,808
483,042,093
542,876,687
678,336,116
791,848,803
836,131,232
738,077,187
657,600,784
657,600,784738,077,187836,131,232791,848,803678,336,116542,876,687483,042,093568,414,808702,181,532675,316,689741,909,654600,445,605666,220,179655,372,569587,645,572
       Net Receivables 
0
124,541,847
285,750,462
232,171,526
139,682,236
222,443,915
392,581,013
240,462,592
161,499,615
157,107,611
319,698,140
318,464,330
323,084,108
0
0
00323,084,108318,464,330319,698,140157,107,611161,499,615240,462,592392,581,013222,443,915139,682,236232,171,526285,750,462124,541,8470
       Other Current Assets 
0
158,261,981
182,331,371
136,258,513
143,781,320
122,422,030
155,370,134
124,829,882
159,204,298
224,635,014
259,869,807
15,830,379
195,296,244
0
0
00195,296,24415,830,379259,869,807224,635,014159,204,298124,829,882155,370,134122,422,030143,781,320136,258,513182,331,371158,261,9810
   > Long-term Assets 000000000000000
       Property Plant Equipment 
0
104,825,994
102,543,675
102,497,232
103,531,137
103,497,919
102,215,042
102,713,680
102,086,583
102,442,907
113,384,088
114,029,137
114,591,667
114,978,234
114,927,064
114,927,064114,978,234114,591,667114,029,137113,384,088102,442,907102,086,583102,713,680102,215,042103,497,919103,531,137102,497,232102,543,675104,825,9940
       Long Term Investments 
6,724,755,695
6,879,820,097
7,165,855,354
7,277,942,580
7,324,877,677
7,445,280,548
7,597,125,334
7,764,435,501
7,593,858,190
7,665,097,444
7,817,599,989
7,871,093,102
8,166,128,267
8,381,797,330
8,387,755,923
8,387,755,9238,381,797,3308,166,128,2677,871,093,1027,817,599,9897,665,097,4447,593,858,1907,764,435,5017,597,125,3347,445,280,5487,324,877,6777,277,942,5807,165,855,3546,879,820,0976,724,755,695
       Other Assets 
0
3,268,062,448
3,188,467,788
3,504,413,625
3,569,588,244
3,581,239,845
3,444,145,857
3,722,809,940
3,778,866,269
3,975,226,523
3,555,098,544
3,838,081,469
3,974,578,802
0
0
003,974,578,8023,838,081,4693,555,098,5443,975,226,5233,778,866,2693,722,809,9403,444,145,8573,581,239,8453,569,588,2443,504,413,6253,188,467,7883,268,062,4480
> Total Liabilities 
9,559,630,372
9,737,389,983
10,045,696,763
10,216,016,505
10,421,026,919
10,513,817,017
10,680,322,734
10,942,169,778
11,131,891,514
11,582,984,781
11,459,177,548
11,552,377,030
11,988,660,214
12,212,374,678
12,009,674,674
12,009,674,67412,212,374,67811,988,660,21411,552,377,03011,459,177,54811,582,984,78111,131,891,51410,942,169,77810,680,322,73410,513,817,01710,421,026,91910,216,016,50510,045,696,7639,737,389,9839,559,630,372
   > Total Current Liabilities 
0
2,016,974,831
2,149,385,178
2,160,223,709
2,376,533,068
2,416,294,529
2,411,058,498
2,514,150,822
2,550,448,511
2,744,553,650
2,610,369,833
130,065,530
2,684,494,658
0
0
002,684,494,658130,065,5302,610,369,8332,744,553,6502,550,448,5112,514,150,8222,411,058,4982,416,294,5292,376,533,0682,160,223,7092,149,385,1782,016,974,8310
       Accounts payable 
97,279,092
90,970,179
39,684,385
84,660,437
180,930,334
129,872,950
47,868,348
24,536,076
31,027,367
28,929,961
43,029,410
75,657,769
28,577,801
101,266,006
90,464,445
90,464,445101,266,00628,577,80175,657,76943,029,41028,929,96131,027,36724,536,07647,868,348129,872,950180,930,33484,660,43739,684,38590,970,17997,279,092
       Other Current Liabilities 
0
1,729,150,449
1,881,278,967
1,929,652,107
1,985,138,322
2,069,334,977
2,124,160,249
2,171,829,104
2,163,465,580
2,192,254,267
2,198,811,895
9,177,320
2,235,448,688
0
0
002,235,448,6889,177,3202,198,811,8952,192,254,2672,163,465,5802,171,829,1042,124,160,2492,069,334,9771,985,138,3221,929,652,1071,881,278,9671,729,150,4490
   > Long-term Liabilities 000000000000000
       Other Liabilities 
0
7,513,773,222
7,695,326,737
7,857,328,972
7,845,685,512
7,901,969,087
8,071,499,046
8,228,869,897
8,391,062,864
8,647,537,737
8,640,945,971
10,978,713,888
9,080,446,352
0
0
009,080,446,35210,978,713,8888,640,945,9718,647,537,7378,391,062,8648,228,869,8978,071,499,0467,901,969,0877,845,685,5127,857,328,9727,695,326,7377,513,773,2220
> Total Stockholder Equity
775,800,895
813,255,420
893,061,216
853,754,634
886,136,994
858,765,773
902,038,146
754,726,925
439,579,038
294,878,444
598,840,340
682,411,411
707,203,972
671,789,763
788,054,685
788,054,685671,789,763707,203,972682,411,411598,840,340294,878,444439,579,038754,726,925902,038,146858,765,773886,136,994853,754,634893,061,216813,255,420775,800,895
   Common Stock
0
131,692,102
131,692,102
131,692,102
131,692,102
131,692,102
131,692,102
131,692,102
131,692,102
131,692,102
146,692,102
146,692,102
146,692,102
0
0
00146,692,102146,692,102146,692,102131,692,102131,692,102131,692,102131,692,102131,692,102131,692,102131,692,102131,692,102131,692,1020
   Retained Earnings 
126,826,108
360,192,487
371,468,940
429,471,544
427,879,633
458,326,566
477,986,919
512,270,578
474,498,126
478,102,541
454,847,472
461,828,927
483,680,038
57,567,710
50,240,458
50,240,45857,567,710483,680,038461,828,927454,847,472478,102,541474,498,126512,270,578477,986,919458,326,566427,879,633429,471,544371,468,940360,192,487126,826,108
   Capital Surplus 000000000000000
   Treasury Stock000000000000000
   Other Stockholders Equity 
0
128,782,575
197,311,121
100,001,617
133,980,387
76,166,735
99,781,737
-81,692,906
-359,066,334
-507,371,343
-233,350,281
-156,777,802
-140,685,484
0
0
00-140,685,484-156,777,802-233,350,281-507,371,343-359,066,334-81,692,90699,781,73776,166,735133,980,387100,001,617197,311,121128,782,5750



Balance Sheet

Currency in TWD. All numbers in thousands.




Cash Flow

Currency in TWD. All numbers in thousands.




Income Statement

Currency in TWD. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue273,995,860
Cost of Revenue-0
Gross Profit0273,995,860
 
Operating Income (+$)
Gross Profit0
Operating Expense-0
Operating Income00
 
Operating Expense (+$)
Research Development0
Selling General Administrative33,331,212
Selling And Marketing Expenses0
Operating Expense033,331,212
 
Net Interest Income (+$)
Interest Income307,577,036
Interest Expense-61,947,352
Other Finance Cost-0
Net Interest Income245,629,684
 
Pretax Income (+$)
Operating Income0
Net Interest Income245,629,684
Other Non-Operating Income Expenses0
Income Before Tax (EBT)58,469,2890
EBIT - interestExpense = -61,947,352
50,928,865
112,876,217
Interest Expense61,947,352
Earnings Before Interest and Taxes (EBIT)0120,416,641
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax58,469,289
Tax Provision-6,955,472
Net Income From Continuing Ops51,513,81751,513,817
Net Income50,928,865
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net0-245,629,684
 

Technical Analysis of Cathay Financial Holding Co Ltd Pref A
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Cathay Financial Holding Co Ltd Pref A. The general trend of Cathay Financial Holding Co Ltd Pref A is BULLISH with 85.7% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Cathay Financial Holding Co Ltd Pref A's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (85.7%) Bearish trend (-85.7%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Cathay Financial Holding Co Ltd Pref A.

The long score for the Support & Resistance is 1/1.
The longshort score for the Support & Resistance is 1/(-1 +1).

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 59.93 < 59.93 < 59.93.

The bearish price targets are: 60.00 > 60.00 > 60.00.

Tweet this
Cathay Financial Holding Co Ltd Pref A Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Cathay Financial Holding Co Ltd Pref A. The current mas is .

The long score for the Moving Averages is 13/14.
The longshort score for the Moving Averages is 12/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Cathay Financial Holding Co Ltd Pref A Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Cathay Financial Holding Co Ltd Pref A. The current macd is 0.01693775.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Cathay Financial Holding Co Ltd Pref A price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Cathay Financial Holding Co Ltd Pref A. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Cathay Financial Holding Co Ltd Pref A price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Cathay Financial Holding Co Ltd Pref A Daily Moving Average Convergence/Divergence (MACD) ChartCathay Financial Holding Co Ltd Pref A Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Cathay Financial Holding Co Ltd Pref A. The current adx is 19.23.

The long score for the Directional Movement Index (DMI) is 1/7.
The longshort score for the Directional Movement Index (DMI) is 1/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Cathay Financial Holding Co Ltd Pref A shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Cathay Financial Holding Co Ltd Pref A Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Cathay Financial Holding Co Ltd Pref A. The current sar is 60.02.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Cathay Financial Holding Co Ltd Pref A Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Cathay Financial Holding Co Ltd Pref A. The current rsi is 51.79. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 3/13.
The longshort score for the Relative Strength Index (RSI) is 3/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
Cathay Financial Holding Co Ltd Pref A Daily Relative Strength Index (RSI) ChartCathay Financial Holding Co Ltd Pref A Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Cathay Financial Holding Co Ltd Pref A. The current phase is Continuation in bull market.

The long score for the Stochastic Oscillator is 1/6.
The longshort score for the Stochastic Oscillator is -2/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Cathay Financial Holding Co Ltd Pref A price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Cathay Financial Holding Co Ltd Pref A Daily Stochastic Oscillator ChartCathay Financial Holding Co Ltd Pref A Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Cathay Financial Holding Co Ltd Pref A. The current cci is 61.62.

Cathay Financial Holding Co Ltd Pref A Daily Commodity Channel Index (CCI) ChartCathay Financial Holding Co Ltd Pref A Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Cathay Financial Holding Co Ltd Pref A. The current cmo is 1.53430074.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Cathay Financial Holding Co Ltd Pref A Daily Chande Momentum Oscillator (CMO) ChartCathay Financial Holding Co Ltd Pref A Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Cathay Financial Holding Co Ltd Pref A. The current willr is -33.33333333.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Cathay Financial Holding Co Ltd Pref A is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Cathay Financial Holding Co Ltd Pref A Daily Williams %R ChartCathay Financial Holding Co Ltd Pref A Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Cathay Financial Holding Co Ltd Pref A.

Cathay Financial Holding Co Ltd Pref A Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Cathay Financial Holding Co Ltd Pref A. The current atr is 0.10218062.

Cathay Financial Holding Co Ltd Pref A Daily Average True Range (ATR) ChartCathay Financial Holding Co Ltd Pref A Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Cathay Financial Holding Co Ltd Pref A. The current obv is 2,945,060.

Cathay Financial Holding Co Ltd Pref A Daily On-Balance Volume (OBV) ChartCathay Financial Holding Co Ltd Pref A Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Cathay Financial Holding Co Ltd Pref A. The current mfi is 55.22.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Cathay Financial Holding Co Ltd Pref A Daily Money Flow Index (MFI) ChartCathay Financial Holding Co Ltd Pref A Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Cathay Financial Holding Co Ltd Pref A.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-10-31SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-11-06CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-07WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-08MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-14SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-15MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-11-20CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-23MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-24MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-27MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-11-28STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-30CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-01MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-05STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-06CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-08STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-11STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-14MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-15CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-18STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-19SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-21STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-22CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-25STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-26STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-27CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-28STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-02STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-03MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-01-04DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-10STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-12WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-15BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-18CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-19STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-22CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-23STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-25STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-29MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-01STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-02MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-16BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-02-20BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-02-21WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-23RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-27SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-01MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-03-07DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-03-11STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-12DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-03-13CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-15CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-20STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-21CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-22SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-25MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-26MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-28DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.

6.3. Candlestick Patterns

Cathay Financial Holding Co Ltd Pref A Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Cathay Financial Holding Co Ltd Pref A based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5051.790
Ma 20Greater thanMa 5060.195
Ma 50Greater thanMa 10060.136
Ma 100Greater thanMa 20059.956
OpenGreater thanClose60.200
Total4/5 (80.0%)
Penke

Good job! You gained 25 XP and 0   0   10 . What's next:

  • Share my analysis of Cathay Financial Holding Co Ltd Pref A with someone you think should read this too:
  • Are you bullish or bearish on Cathay Financial Holding Co Ltd Pref A? Let me know what you think in the comments.
  • Do you want an email if I find something interesting about Cathay Financial Holding Co Ltd Pref A? Add an email alert using the form below.
  • Join the community if you want to keep your earnings and track your progress: Join the community
  • Is this analysis useful to you? Support me via But Me a Coffee. I'll analyze the stock market faster for you!

Get notifications about Cathay Financial Holding Co Ltd Pref A

I send you an email if I find something interesting about Cathay Financial Holding Co Ltd Pref A.


Comments

How you think about this?

Leave a comment

Stay informed about Cathay Financial Holding Co Ltd Pref A.

Receive notifications about Cathay Financial Holding Co Ltd Pref A in your mailbox!