Eva Airways Financials
| 2618 Stock | TWD 41.50 0.35 0.85% |
Eva |
Understanding current and past Eva Airways Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Eva Airways' financial statements are interrelated, with each one affecting the others. For example, an increase in Eva Airways' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Eva Airways' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Eva Airways Corp. Check Eva Airways' Beneish M Score to see the likelihood of Eva Airways' management manipulating its earnings.
Eva Airways Stock Summary
Eva Airways competes with China Airlines, Evergreen Marine, Yang Ming, China Steel, and Cathay Financial. EVA Airways Corp., together with its subsidiaries, engages in the aviation business in Taiwan, Asia, Europe, North America, and internationally. EVA Airways Corp. was incorporated in 1989 and is based in Taoyuan City, Taiwan. EVA AIRWAYS operates under Airlines classification in Taiwan and is traded on Taiwan Stock Exchange.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | TW0002618006 |
| Business Address | 376 Sec 1 |
| Sector | Airlines |
| Industry | Industrials |
| Benchmark | Dow Jones Industrial |
| Website | www.evaair.com |
| Phone | (886) 3 351 5151 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Eva Airways without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Eva Stock, because this is throwing your money away. Analyzing the key information contained in Eva Airways' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Eva Airways Key Financial Ratios
There are many critical financial ratios that Eva Airways' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Eva Airways Corp reports annually and quarterly.Eva Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Eva Airways's current stock value. Our valuation model uses many indicators to compare Eva Airways value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Eva Airways competition to find correlations between indicators driving Eva Airways's intrinsic value. More Info.Eva Airways Corp is rated fifth in return on equity category among its peers. It is number one stock in return on asset category among its peers reporting about 0.20 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Eva Airways Corp is roughly 4.98 . 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 Eva Airways' earnings, one of the primary drivers of an investment's value.Eva Airways Corp Systematic Risk
Eva Airways' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Eva Airways 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 Eva Airways Corp correlated with the market. If Beta is less than 0 Eva Airways generally moves in the opposite direction as compared to the market. If Eva Airways Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Eva Airways Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Eva Airways is generally in the same direction as the market. If Beta > 1 Eva Airways moves generally in the same direction as, but more than the movement of the benchmark.
Eva Airways November 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Eva Airways help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Eva Airways Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Eva Airways Corp based on widely used predictive technical indicators. In general, we focus on analyzing Eva Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Eva Airways's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.65 | |||
| Information Ratio | 0.1128 | |||
| Maximum Drawdown | 7.77 | |||
| Value At Risk | (1.32) | |||
| Potential Upside | 2.16 |
Additional Tools for Eva Stock Analysis
When running Eva Airways' price analysis, check to measure Eva Airways' 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 Eva Airways is operating at the current time. Most of Eva Airways' value examination focuses on studying past and present price action to predict the probability of Eva Airways' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eva Airways' price. Additionally, you may evaluate how the addition of Eva Airways to your portfolios can decrease your overall portfolio volatility.