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Adda Corporation
Buy, Hold or Sell?

Let's analyse Adda together

PenkeI guess you are interested in Adda Corporation. 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 Adda Corporation. 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.

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Quick analysis of Adda (30 sec.)










What can you expect buying and holding a share of Adda? (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?
69.2%

What is your share worth?

Current worth
NT$17.15
Expected worth in 1 year
NT$17.17
How sure are you?
84.6%

+ What do you gain per year?

Total Gains per Share
NT$0.02
Return On Investment
0.1%

For what price can you sell your share?

Current Price per Share
NT$37.15
Expected price per share
NT$35.20 - NT$43.30
How sure are you?
50%

1. Valuation of Adda (5 min.)




Live pricePrice per Share (EOD)

NT$37.15

Intrinsic Value Per Share

NT$1.73 - NT$0.95

Total Value Per Share

NT$18.87 - NT$18.09

2. Growth of Adda (5 min.)




Is Adda growing?

Current yearPrevious yearGrowGrow %
How rich?$58.8m$49.3m$9.6m16.4%

How much money is Adda making?

Current yearPrevious yearGrowGrow %
Making money$1.1m$1.8m-$692.4k-58.5%
Net Profit Margin6.1%8.8%--

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

3. Financial Health of Adda (5 min.)




4. Comparing to competitors in the Electrical Equipment & Parts industry (5 min.)




  Industry Rankings (Electrical Equipment & Parts)  


Richest
#324 / 464

Most Revenue
#339 / 464

Most Profit
#271 / 464

Most Efficient
#168 / 464

What can you expect buying and holding a share of Adda? (5 min.)

Welcome investor! Adda's management wants to use your money to grow the business. In return you get a share of Adda.

What can you expect buying and holding a share of Adda?

First you should know what it really means to hold a share of Adda. And how you can make/lose money.

Speculation

The Price per Share of Adda is NT$37.15. 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 Adda.
  • 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 Adda, 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$17.15. Based on the TTM, the Book Value Change Per Share is NT$0.01 per quarter. Based on the YOY, the Book Value Change Per Share is NT$0.92 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 Adda.

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 Eps0.010.0%0.020.0%0.020.0%0.020.0%0.020.0%
Usd Book Value Change Per Share0.030.1%0.000.0%0.030.1%0.040.1%0.040.1%
Usd Dividend Per Share0.000.0%0.000.0%0.050.1%0.030.1%0.030.1%
Usd Total Gains Per Share0.030.1%0.000.0%0.080.2%0.080.2%0.080.2%
Usd Price Per Share1.16-0.96-0.83-0.85-0.85-
Price to Earnings Ratio41.20-18.17-13.23-15.61-15.61-
Price-to-Total Gains Ratio44.25--74.47-15.57--12.10--12.10-
Price to Book Ratio2.17-1.79-1.86-1.82-1.82-
Price-to-Total Gains Ratio44.25--74.47-15.57--12.10--12.10-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1.162795
Number of shares859
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.03
Usd Book Value Change Per Share0.000.04
Usd Total Gains Per Share0.000.08
Gains per Quarter (859 shares)0.1564.99
Gains per Year (859 shares)0.58259.94
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
101-9118142250
201-8236284510
302-7354426770
402-64725671030
503-55907091290
603-47098511550
704-38279931810
805-294511352070
905-1106312772330
10060118114192590

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 Share4.00.00.0100.0%12.00.00.0100.0%13.00.00.0100.0%13.00.00.0100.0%13.00.00.0100.0%
Book Value Change Per Share2.02.00.050.0%7.05.00.058.3%8.05.00.061.5%8.05.00.061.5%8.05.00.061.5%
Dividend per Share0.00.04.00.0%8.00.04.066.7%9.00.04.069.2%9.00.04.069.2%9.00.04.069.2%
Total Gains per Share2.02.00.050.0%10.02.00.083.3%11.02.00.084.6%11.02.00.084.6%11.02.00.084.6%

Fundamentals of Adda

About Adda Corporation

Adda Corporation designs, manufactures, and sells electronic thermal management products primarily for the information technology industry worldwide. The company offers CPU cooler modules, blower fans, DC axial-flow/blower fans, AC axial-flow fans, and waterproof fans; thermal modules; and accessories, such as metal finger guards and plastic filters. Its products have various applications, such as used in white goods, Pico projects, dish washer dish dryers, and drones, as well for cooling technology in vehicles. The company was incorporated in 1978 and is based in Pingtung, Taiwan.

Fundamental data was last updated by Penke on 2024-03-08 08:49:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a 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 inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just 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 able to pay all its debts by selling its assets.
The company is able 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 fair priced.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Adda Corporation.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Adda earns for each NT$1 of revenue.

  • Above 10% is considered healthy but always compare Adda to the Electrical Equipment & Parts industry mean.
  • A Net Profit Margin of 4.0% means that NT$0.04 for each NT$1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Adda Corporation:

  • The MRQ is 4.0%. The company is making a profit. +1
  • The TTM is 6.1%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ4.0%TTM6.1%-2.1%
TTM6.1%YOY8.8%-2.7%
TTM6.1%5Y7.7%-1.6%
5Y7.7%10Y7.7%0.0%
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ4.0%3.7%+0.3%
TTM6.1%3.7%+2.4%
YOY8.8%3.3%+5.5%
5Y7.7%3.2%+4.5%
10Y7.7%3.4%+4.3%
1.1.2. Return on Assets

Shows how efficient Adda is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Adda to the Electrical Equipment & Parts industry mean.
  • 0.6% Return on Assets means that Adda generated NT$0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Adda Corporation:

  • The MRQ is 0.6%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 1.0%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.6%TTM1.0%-0.3%
TTM1.0%YOY1.7%-0.7%
TTM1.0%5Y1.4%-0.5%
5Y1.4%10Y1.4%0.0%
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6%0.9%-0.3%
TTM1.0%1.0%0.0%
YOY1.7%0.8%+0.9%
5Y1.4%0.9%+0.5%
10Y1.4%1.1%+0.3%
1.1.3. Return on Equity

Shows how efficient Adda is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Adda to the Electrical Equipment & Parts industry mean.
  • 1.6% Return on Equity means Adda generated NT$0.02 for each NT$1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Adda Corporation:

  • The MRQ is 1.6%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 2.6%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ1.6%TTM2.6%-0.9%
TTM2.6%YOY4.1%-1.6%
TTM2.6%5Y3.4%-0.8%
5Y3.4%10Y3.4%0.0%
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ1.6%1.8%-0.2%
TTM2.6%1.9%+0.7%
YOY4.1%1.7%+2.4%
5Y3.4%1.8%+1.6%
10Y3.4%2.0%+1.4%

1.2. Operating Efficiency of Adda Corporation.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Adda is operating .

  • Measures how much profit Adda 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 Adda to the Electrical Equipment & Parts 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 Adda Corporation:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM0.9%-0.9%
TTM0.9%YOY8.0%-7.1%
TTM0.9%5Y6.4%-5.5%
5Y6.4%10Y6.4%0.0%
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ-6.7%-6.7%
TTM0.9%3.3%-2.4%
YOY8.0%4.3%+3.7%
5Y6.4%4.8%+1.6%
10Y6.4%3.7%+2.7%
1.2.2. Operating Ratio

Measures how efficient Adda is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Electrical Equipment & Parts industry mean).
  • An Operation Ratio of 1.66 means that the operating costs are NT$1.66 for each NT$1 in net sales.

Let's take a look of the Operating Ratio trends of Adda Corporation:

  • The MRQ is 1.659. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.665. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.659TTM1.665-0.007
TTM1.665YOY1.646+0.019
TTM1.6655Y1.637+0.028
5Y1.63710Y1.6370.000
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ1.6591.656+0.003
TTM1.6651.679-0.014
YOY1.6461.676-0.030
5Y1.6371.631+0.006
10Y1.6371.348+0.289

1.3. Liquidity of Adda Corporation.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Adda is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Electrical Equipment & Parts industry mean).
  • A Current Ratio of 1.47 means the company has NT$1.47 in assets for each NT$1 in short-term debts.

Let's take a look of the Current Ratio trends of Adda Corporation:

  • The MRQ is 1.468. The company is just able to pay all its short-term debts.
  • The TTM is 1.471. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.468TTM1.471-0.003
TTM1.471YOY1.495-0.024
TTM1.4715Y1.537-0.065
5Y1.53710Y1.5370.000
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4681.912-0.444
TTM1.4711.884-0.413
YOY1.4951.915-0.420
5Y1.5371.994-0.457
10Y1.5371.645-0.108
1.3.2. Quick Ratio

Measures if Adda is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Adda to the Electrical Equipment & Parts industry mean.
  • A Quick Ratio of 0.32 means the company can pay off NT$0.32 for each NT$1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Adda Corporation:

  • The MRQ is 0.324. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.363. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.324TTM0.363-0.039
TTM0.363YOY0.500-0.137
TTM0.3635Y0.466-0.103
5Y0.46610Y0.4660.000
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3240.887-0.563
TTM0.3630.893-0.530
YOY0.5000.962-0.462
5Y0.4660.982-0.516
10Y0.4660.985-0.519

1.4. Solvency of Adda Corporation.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Adda assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Adda to Electrical Equipment & Parts industry mean.
  • A Debt to Asset Ratio of 0.53 means that Adda assets are financed with 52.5% credit (debt) and the remaining percentage (100% - 52.5%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Adda Corporation:

  • The MRQ is 0.525. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.511. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.525TTM0.511+0.014
TTM0.511YOY0.546-0.034
TTM0.5115Y0.521-0.009
5Y0.52110Y0.5210.000
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5250.434+0.091
TTM0.5110.448+0.063
YOY0.5460.438+0.108
5Y0.5210.443+0.078
10Y0.5210.432+0.089
1.4.2. Debt to Equity Ratio

Measures if Adda is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Adda to the Electrical Equipment & Parts industry mean.
  • A Debt to Equity ratio of 138.3% means that company has NT$1.38 debt for each NT$1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Adda Corporation:

  • The MRQ is 1.383. The company is able to pay all its debts with equity. +1
  • The TTM is 1.314. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.383TTM1.314+0.069
TTM1.314YOY1.310+0.004
TTM1.3145Y1.234+0.080
5Y1.23410Y1.2340.000
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ1.3830.760+0.623
TTM1.3140.812+0.502
YOY1.3100.799+0.511
5Y1.2340.821+0.413
10Y1.2340.837+0.397

2. Market Valuation of Adda Corporation

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 Adda generates.

  • Above 15 is considered overpriced but always compare Adda to the Electrical Equipment & Parts industry mean.
  • A PE ratio of 41.20 means the investor is paying NT$41.20 for every NT$1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Adda Corporation:

  • The EOD is 41.144. Based on the earnings, the company is overpriced. -1
  • The MRQ is 41.200. Based on the earnings, the company is overpriced. -1
  • The TTM is 18.166. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD41.144MRQ41.200-0.055
MRQ41.200TTM18.166+23.033
TTM18.166YOY13.232+4.934
TTM18.1665Y15.613+2.554
5Y15.61310Y15.6130.000
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
EOD41.14414.955+26.189
MRQ41.20013.194+28.006
TTM18.16614.274+3.892
YOY13.23216.023-2.791
5Y15.61317.732-2.119
10Y15.61323.116-7.503
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Adda Corporation:

  • The EOD is 10.697. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 10.712. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 6.904. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD10.697MRQ10.712-0.014
MRQ10.712TTM6.904+3.808
TTM6.904YOY9.952-3.049
TTM6.9045Y0.494+6.410
5Y0.49410Y0.4940.000
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
EOD10.6974.652+6.045
MRQ10.7124.051+6.661
TTM6.9042.220+4.684
YOY9.952-2.139+12.091
5Y0.494-0.110+0.604
10Y0.4940.056+0.438
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Adda is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Electrical Equipment & Parts industry mean).
  • A PB ratio of 2.17 means the investor is paying NT$2.17 for each NT$1 in book value.

Let's take a look of the Price to Book Ratio trends of Adda Corporation:

  • The EOD is 2.167. Based on the equity, the company is underpriced. +1
  • The MRQ is 2.170. Based on the equity, the company is underpriced. +1
  • The TTM is 1.791. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD2.167MRQ2.170-0.003
MRQ2.170TTM1.791+0.378
TTM1.791YOY1.856-0.065
TTM1.7915Y1.824-0.033
5Y1.82410Y1.8240.000
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
EOD2.1671.912+0.255
MRQ2.1702.042+0.128
TTM1.7912.149-0.358
YOY1.8562.256-0.400
5Y1.8242.376-0.552
10Y1.8242.810-0.986
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Adda Corporation 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--0.8410.005+15456%0.923-9%1.319-36%1.319-36%
Book Value Per Share--17.14717.2190%14.396+19%15.043+14%15.043+14%
Current Ratio--1.4681.4710%1.495-2%1.537-4%1.537-4%
Debt To Asset Ratio--0.5250.511+3%0.546-4%0.521+1%0.521+1%
Debt To Equity Ratio--1.3831.314+5%1.310+6%1.234+12%1.234+12%
Dividend Per Share----0%1.595-100%1.098-100%1.098-100%
Eps--0.2260.566-60%0.547-59%0.514-56%0.514-56%
Free Cash Flow Per Share--0.8681.301-33%0.738+18%0.690+26%0.690+26%
Free Cash Flow To Equity Per Share--0.8681.193-27%0.384+126%0.431+101%0.431+101%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--0.946--------
Intrinsic Value_10Y_min--1.726--------
Intrinsic Value_1Y_max--2.220--------
Intrinsic Value_1Y_min--2.182--------
Intrinsic Value_3Y_max--5.050--------
Intrinsic Value_3Y_min--4.854--------
Intrinsic Value_5Y_max--5.928--------
Intrinsic Value_5Y_min--5.642--------
Market Cap4071305650.0000%4076785200.0003363073812.500+21%2894572287.500+41%2989726780.769+36%2989726780.769+36%
Net Profit Margin--0.0400.061-34%0.088-55%0.077-48%0.077-48%
Operating Margin---0.009-100%0.080-100%0.064-100%0.064-100%
Operating Ratio--1.6591.6650%1.646+1%1.637+1%1.637+1%
Pb Ratio2.1670%2.1701.791+21%1.856+17%1.824+19%1.824+19%
Pe Ratio41.1440%41.20018.166+127%13.232+211%15.613+164%15.613+164%
Price Per Share37.1500%37.20030.688+21%26.413+41%27.281+36%27.281+36%
Price To Free Cash Flow Ratio10.6970%10.7126.904+55%9.952+8%0.494+2068%0.494+2068%
Price To Total Gains Ratio44.1900%44.249-74.465+268%15.565+184%-12.098+127%-12.098+127%
Quick Ratio--0.3240.363-11%0.500-35%0.466-30%0.466-30%
Return On Assets--0.0060.010-36%0.017-64%0.014-57%0.014-57%
Return On Equity--0.0160.026-36%0.041-60%0.034-51%0.034-51%
Total Gains Per Share--0.8410.005+15456%2.518-67%2.417-65%2.417-65%
Usd Book Value--58816831.60059062873.0750%49382189.975+19%51601151.108+14%51601151.108+14%
Usd Book Value Change Per Share--0.0260.000+15456%0.029-9%0.041-36%0.041-36%
Usd Book Value Per Share--0.5370.5390%0.451+19%0.471+14%0.471+14%
Usd Dividend Per Share----0%0.050-100%0.034-100%0.034-100%
Usd Eps--0.0070.018-60%0.017-59%0.016-56%0.016-56%
Usd Free Cash Flow--2978101.1004463653.875-33%2530605.000+18%2368068.915+26%2368068.915+26%
Usd Free Cash Flow Per Share--0.0270.041-33%0.023+18%0.022+26%0.022+26%
Usd Free Cash Flow To Equity Per Share--0.0270.037-27%0.012+126%0.013+101%0.013+101%
Usd Market Cap127431866.8450%127603376.760105264210.331+21%90600112.599+41%93578448.238+36%93578448.238+36%
Usd Price Per Share1.1630%1.1640.961+21%0.827+41%0.854+36%0.854+36%
Usd Profit--774299.4001183640.800-35%1876051.575-59%1528853.315-49%1528853.315-49%
Usd Revenue--19449444.40019692880.150-1%21358955.675-9%19832407.123-2%19832407.123-2%
Usd Total Gains Per Share--0.0260.000+15456%0.079-67%0.076-65%0.076-65%
 EOD+4 -4MRQTTM+9 -24YOY+13 -225Y+12 -2310Y+12 -23

3.2. Fundamental Score

Let's check the fundamental score of Adda Corporation based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1541.144
Price to Book Ratio (EOD)Between0-12.167
Net Profit Margin (MRQ)Greater than00.040
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.324
Current Ratio (MRQ)Greater than11.468
Debt to Asset Ratio (MRQ)Less than10.525
Debt to Equity Ratio (MRQ)Less than11.383
Return on Equity (MRQ)Greater than0.150.016
Return on Assets (MRQ)Greater than0.050.006
Total3/10 (30.0%)

3.3. Technical Score

Let's check the technical score of Adda Corporation based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5050.470
Ma 20Greater thanMa 5037.800
Ma 50Greater thanMa 10035.376
Ma 100Greater thanMa 20034.779
OpenGreater thanClose37.100
Total3/5 (60.0%)



Latest Balance Sheet

Balance Sheet of 2023-09-30. Currency in TWD. All numbers in thousands.

Summary
Total Assets3,957,521
Total Liabilities2,078,389
Total Stockholder Equity1,502,999
 As reported
Total Liabilities 2,078,389
Total Stockholder Equity+ 1,502,999
Total Assets = 3,957,521

Assets

Total Assets3,957,521
Total Current Assets2,614,692
Long-term Assets1,342,829
Total Current Assets
Cash And Cash Equivalents 1,457,465
Short-term Investments 21,354
Net Receivables 555,670
Inventory 270,377
Other Current Assets 20,319
Total Current Assets  (as reported)2,614,692
Total Current Assets  (calculated)2,325,185
+/- 289,507
Long-term Assets
Property Plant Equipment 863,243
Long-term Assets Other 24,068
Long-term Assets  (as reported)1,342,829
Long-term Assets  (calculated)887,311
+/- 455,518

Liabilities & Shareholders' Equity

Total Current Liabilities1,781,201
Long-term Liabilities297,188
Total Stockholder Equity1,502,999
Total Current Liabilities
Short Long Term Debt 822,760
Accounts payable 355,537
Other Current Liabilities 26,151
Total Current Liabilities  (as reported)1,781,201
Total Current Liabilities  (calculated)1,204,448
+/- 576,753
Long-term Liabilities
Long term Debt 100,000
Capital Lease Obligations Min Short Term Debt145,462
Long-term Liabilities Other 62,879
Long-term Liabilities  (as reported)297,188
Long-term Liabilities  (calculated)308,341
+/- 11,153
Total Stockholder Equity
Retained Earnings 205,055
Total Stockholder Equity (as reported)1,502,999
Total Stockholder Equity (calculated)205,055
+/- 1,297,944
Other
Capital Stock1,100,000
Common Stock Shares Outstanding 109,591
Net Invested Capital 2,425,759
Net Working Capital 833,491
Property Plant and Equipment Gross 863,243



Balance Sheet

Currency in TWD. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-30
> Total Assets 
2,921,075
2,984,316
3,106,304
3,263,786
3,150,665
3,211,340
3,278,575
3,315,179
4,076,783
3,857,824
3,752,353
3,891,866
3,957,521
3,957,5213,891,8663,752,3533,857,8244,076,7833,315,1793,278,5753,211,3403,150,6653,263,7863,106,3042,984,3162,921,075
   > Total Current Assets 
1,999,179
2,059,944
2,178,737
2,328,498
2,225,239
2,295,258
2,394,129
2,431,464
2,820,039
2,573,436
2,502,900
2,529,663
2,614,692
2,614,6922,529,6632,502,9002,573,4362,820,0392,431,4642,394,1292,295,2582,225,2392,328,4982,178,7372,059,9441,999,179
       Cash And Cash Equivalents 
1,044,376
1,121,406
1,114,153
1,089,898
874,318
933,439
986,929
1,089,427
1,127,627
1,163,386
1,234,320
1,392,037
1,457,465
1,457,4651,392,0371,234,3201,163,3861,127,6271,089,427986,929933,439874,3181,089,8981,114,1531,121,4061,044,376
       Short-term Investments 
34,868
11,532
13,295
11,352
13,652
16,249
11,856
10,756
13,448
23,109
24,278
24,971
21,354
21,35424,97124,27823,10913,44810,75611,85616,24913,65211,35213,29511,53234,868
       Net Receivables 
588,617
571,847
644,191
746,260
844,702
797,799
747,560
729,895
1,007,595
631,814
588,452
654,263
555,670
555,670654,263588,452631,8141,007,595729,895747,560797,799844,702746,260644,191571,847588,617
       Inventory 
236,021
238,480
287,882
360,044
353,627
411,061
404,898
401,689
457,814
382,038
313,356
279,481
270,377
270,377279,481313,356382,038457,814401,689404,898411,061353,627360,044287,882238,480236,021
       Other Current Assets 
65,665
95,466
91,375
97,253
111,101
105,482
100,104
140,999
158,254
17,006
141,840
143,742
20,319
20,319143,742141,84017,006158,254140,999100,104105,482111,10197,25391,37595,46665,665
   > Long-term Assets 
921,896
924,372
927,567
935,288
925,426
916,082
884,446
883,715
1,256,744
1,284,388
1,249,453
1,362,203
1,342,829
1,342,8291,362,2031,249,4531,284,3881,256,744883,715884,446916,082925,426935,288927,567924,372921,896
       Property Plant Equipment 
627,579
624,298
627,369
653,179
668,312
656,782
656,509
649,443
806,441
790,749
770,205
875,522
863,243
863,243875,522770,205790,749806,441649,443656,509656,782668,312653,179627,369624,298627,579
       Other Assets 
185,129
189,238
190,891
174,078
149,845
154,256
122,087
131,112
145,133
0
0
144,752
0
0144,75200145,133131,112122,087154,256149,845174,078190,891189,238185,129
> Total Liabilities 
1,460,559
1,471,734
1,555,126
1,687,340
1,678,393
1,683,080
1,815,122
1,872,832
2,200,020
1,912,728
1,815,610
2,104,866
2,078,389
2,078,3892,104,8661,815,6101,912,7282,200,0201,872,8321,815,1221,683,0801,678,3931,687,3401,555,1261,471,7341,460,559
   > Total Current Liabilities 
1,225,988
1,236,130
1,327,331
1,434,157
1,434,375
1,451,457
1,590,927
1,625,580
2,017,757
1,728,579
1,635,856
1,808,652
1,781,201
1,781,2011,808,6521,635,8561,728,5792,017,7571,625,5801,590,9271,451,4571,434,3751,434,1571,327,3311,236,1301,225,988
       Short Long Term Debt 
465,243
467,253
492,047
477,467
494,725
498,400
493,002
534,154
652,161
751,664
738,993
731,075
822,760
822,760731,075738,993751,664652,161534,154493,002498,400494,725477,467492,047467,253465,243
       Accounts payable 
335,912
330,007
411,399
495,386
453,208
472,294
462,368
431,851
480,783
376,277
304,929
315,397
355,537
355,537315,397304,929376,277480,783431,851462,368472,294453,208495,386411,399330,007335,912
       Other Current Liabilities 
415,017
429,322
414,183
451,457
476,875
471,381
626,130
540,662
756,220
24,657
480,621
637,159
26,151
26,151637,159480,62124,657756,220540,662626,130471,381476,875451,457414,183429,322415,017
   > Long-term Liabilities 
234,571
235,604
227,795
253,183
244,018
231,623
224,195
247,252
182,263
184,149
179,754
296,214
297,188
297,188296,214179,754184,149182,263247,252224,195231,623244,018253,183227,795235,604234,571
       Long term Debt 
100,000
100,000
100,000
126,667
123,333
120,000
116,667
144,444
100,000
100,000
100,000
100,000
100,000
100,000100,000100,000100,000100,000144,444116,667120,000123,333126,667100,000100,000100,000
       Capital Lease Obligations Min Short Term Debt
31,425
29,201
28,024
26,087
23,385
20,901
19,089
16,918
9,859
19,008
15,949
145,931
145,462
145,462145,93115,94919,0089,85916,91819,08920,90123,38526,08728,02429,20131,425
       Other Liabilities 
93,684
97,060
90,588
91,895
88,541
81,896
79,028
74,848
78,719
0
0
66,888
0
066,8880078,71974,84879,02881,89688,54191,89590,58897,06093,684
       Long-term Liabilities Other 
70,422
71,103
66,687
65,789
65,535
63,869
62,943
59,948
60,868
66,648
66,192
61,969
62,879
62,87961,96966,19266,64860,86859,94862,94363,86965,53565,78966,68771,10370,422
> Total Stockholder Equity
1,359,833
1,413,792
1,449,849
1,479,011
1,375,708
1,434,480
1,369,327
1,424,362
1,542,621
1,552,356
1,566,582
1,419,153
1,502,999
1,502,9991,419,1531,566,5821,552,3561,542,6211,424,3621,369,3271,434,4801,375,7081,479,0111,449,8491,413,7921,359,833
   Common Stock
1,100,000
1,100,000
1,100,000
1,100,000
1,100,000
1,100,000
1,100,000
1,100,000
1,100,000
0
0
1,100,000
0
01,100,000001,100,0001,100,0001,100,0001,100,0001,100,0001,100,0001,100,0001,100,0001,100,000
   Retained Earnings 
386,263
414,898
455,321
503,619
395,811
448,374
314,841
384,889
456,453
252,252
262,092
398,485
205,055
205,055398,485262,092252,252456,453384,889314,841448,374395,811503,619455,321414,898386,263
   Capital Surplus 0000000000000
   Treasury Stock0000000000000
   Other Stockholders Equity 0-137,50600-59,326-90,181-75,168-139,467-145,676-145,691-126,555-122,189-141,675



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 (+$)
totalRevenue2,516,662
Cost of Revenue-1,773,368
Gross Profit743,294743,294
 
Operating Income (+$)
Gross Profit743,294
Operating Expense-2,418,558
Operating Income98,104-1,675,264
 
Operating Expense (+$)
Research Development131,198
Selling General Administrative513,992
Selling And Marketing Expenses-
Operating Expense2,418,558645,190
 
Net Interest Income (+$)
Interest Income11,068
Interest Expense-20,503
Other Finance Cost-0
Net Interest Income-9,435
 
Pretax Income (+$)
Operating Income98,104
Net Interest Income-9,435
Other Non-Operating Income Expenses-
Income Before Tax (EBT)245,13198,104
EBIT - interestExpense = -20,503
151,264
171,767
Interest Expense20,503
Earnings Before Interest and Taxes (EBIT)-265,634
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax245,131
Tax Provision-63,141
Net Income From Continuing Ops181,990181,990
Net Income151,264
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net-9,435
 

Technical Analysis of Adda
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 Adda. The general trend of Adda is BULLISH with 42.9% 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 Adda'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 (42.9%) Bearish trend (-42.9%)
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 Adda Corporation.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 42.50 < 43.20 < 43.30.

The bearish price targets are: 36.05 > 36.00 > 35.20.

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Adda Corporation 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 Adda Corporation. The current mas is .

The long score for the Moving Averages is 10/14.
The longshort score for the Moving Averages is 6/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below 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 lower 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 lower 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

Adda Corporation 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 Adda Corporation. The current macd is 0.47724252.

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 Adda price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Adda. 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 Adda 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
Adda Corporation Daily Moving Average Convergence/Divergence (MACD) ChartAdda Corporation 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 Adda Corporation. The current adx is 30.14.

The long score for the Directional Movement Index (DMI) is 3/7.
The longshort score for the Directional Movement Index (DMI) is 3/(-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 Adda shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bullish trend. The ADX is declining, the bullish trend is weakening. Could be a potential reversal to the downside. +2
Adda Corporation 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 Adda Corporation. The current sar is 36.94.

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
Adda Corporation 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 Adda Corporation. The current rsi is 50.47. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1
Adda Corporation Daily Relative Strength Index (RSI) ChartAdda Corporation 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 Adda Corporation. The current phase is Oversold in bull market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -6/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • 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 Adda price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Adda Corporation Daily Stochastic Oscillator ChartAdda Corporation 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 Adda Corporation. The current cci is -46.56108769.

Adda Corporation Daily Commodity Channel Index (CCI) ChartAdda Corporation 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 Adda Corporation. The current cmo is -6.85925732.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Adda Corporation Daily Chande Momentum Oscillator (CMO) ChartAdda Corporation 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 Adda Corporation. The current willr is -86.01398601.

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

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Adda Corporation Daily Williams %R ChartAdda Corporation 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 Adda Corporation.

Adda Corporation 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 Adda Corporation. The current atr is 1.47295476.

Adda Corporation Daily Average True Range (ATR) ChartAdda Corporation 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 Adda Corporation. The current obv is 226,236,983.

Adda Corporation Daily On-Balance Volume (OBV) ChartAdda Corporation 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 Adda Corporation. The current mfi is 68.64.

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
Adda Corporation Daily Money Flow Index (MFI) ChartAdda Corporation Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Adda Corporation.

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
2023-11-01CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-11-02STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-11-06MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-11-09STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-10CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-13STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-15SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-11-16CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-17WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-20DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-21STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-22STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-11-23STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-24MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-27DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-28STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-29DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-01CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-05STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-07SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-11DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-13CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-14STOCH SHORT EXITThe %K line crosses above the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-18STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-19STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-20STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-25STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-27STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-28CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-04CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-05MACD 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.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-08WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-09CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-10BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-11STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-16STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-17CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-18MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-19STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-22SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-23MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-01-24CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-25STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-30DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-31DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-02DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
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).
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-15STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-20ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-23CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-26WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-02-27SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-29SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-01RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-08SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-11CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-12STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-13SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-14STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-19MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-03-21STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-25STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-26STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-28WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside

6.3. Candlestick Patterns

Adda Corporation Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Adda Corporation based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5050.470
Ma 20Greater thanMa 5037.800
Ma 50Greater thanMa 10035.376
Ma 100Greater thanMa 20034.779
OpenGreater thanClose37.100
Total3/5 (60.0%)
Penke

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