Elan Microelectronics Financials
| 2458 Stock | TWD 148.00 0.50 0.34% |
Elan |
Understanding current and past Elan Microelectronics Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Elan Microelectronics' financial statements are interrelated, with each one affecting the others. For example, an increase in Elan Microelectronics' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Elan Microelectronics' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Elan Microelectronics Corp. Check Elan Microelectronics' Beneish M Score to see the likelihood of Elan Microelectronics' management manipulating its earnings.
Elan Microelectronics Stock Summary
Elan Microelectronics competes with Novatek Microelectronics, Quanta Computer, and United Microelectronics. ELAN Microelectronics Corporation researches and develops integrated circuits , and provides touchpad module solutions in Taiwan, China, Hong Kong, and internationally. ELAN Microelectronics Corporation was founded in 1994 and is headquartered in Hsinchu City, Taiwan. ELAN MICROELECTRONICS operates under Semiconductor Equipment Materials classification in Taiwan and is traded on Taiwan Stock Exchange.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | TW0002458007 |
| Business Address | No 12, Innovation |
| Sector | Semiconductors & Semiconductor Equipment |
| Industry | Information Technology |
| Benchmark | Dow Jones Industrial |
| Website | www.emc.com.tw |
| Phone | 886 3 563 9977 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Elan Microelectronics without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Elan Stock, because this is throwing your money away. Analyzing the key information contained in Elan Microelectronics' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Elan Microelectronics Key Financial Ratios
There are many critical financial ratios that Elan Microelectronics' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Elan Microelectronics reports annually and quarterly.Elan Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Elan Microelectronics's current stock value. Our valuation model uses many indicators to compare Elan Microelectronics value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Elan Microelectronics competition to find correlations between indicators driving Elan Microelectronics's intrinsic value. More Info.Elan Microelectronics Corp is rated second in return on equity category among its peers. It also is rated second in return on asset category among its peers reporting about 0.45 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Elan Microelectronics Corp is roughly 2.21 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Elan Microelectronics' earnings, one of the primary drivers of an investment's value.Elan Microelectronics Systematic Risk
Elan Microelectronics' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Elan Microelectronics volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Elan Microelectronics correlated with the market. If Beta is less than 0 Elan Microelectronics generally moves in the opposite direction as compared to the market. If Elan Microelectronics Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Elan Microelectronics is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Elan Microelectronics is generally in the same direction as the market. If Beta > 1 Elan Microelectronics moves generally in the same direction as, but more than the movement of the benchmark.
Elan Microelectronics Thematic Clasifications
Elan Microelectronics Corp is part of Electronics investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Electronic manufacturers. Companies manufacturing electronic appliances and goods
This theme covers Electronic manufacturers. Companies manufacturing electronic appliances and goods. Get More Thematic Ideas
| Electronics | View |
Elan Microelectronics November 25, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Elan Microelectronics help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Elan Microelectronics Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Elan Microelectronics Corp based on widely used predictive technical indicators. In general, we focus on analyzing Elan Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Elan Microelectronics's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.18 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 8.92 | |||
| Value At Risk | (2.95) | |||
| Potential Upside | 2.75 |
Additional Tools for Elan Stock Analysis
When running Elan Microelectronics' price analysis, check to measure Elan Microelectronics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Elan Microelectronics is operating at the current time. Most of Elan Microelectronics' value examination focuses on studying past and present price action to predict the probability of Elan Microelectronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elan Microelectronics' price. Additionally, you may evaluate how the addition of Elan Microelectronics to your portfolios can decrease your overall portfolio volatility.