Everlight Electronics Is Looking To Continue Growing Its Returns On Capital - Simply Wall St
| 2393 Stock | TWD 76.10 0.70 0.91% |
Slightly above 61% of Everlight Electronics' investor base is looking to short. The analysis of current outlook of investing in Everlight Electronics Co suggests that many traders are alarmed regarding Everlight Electronics' prospects. Everlight Electronics' investing sentiment can be driven by a variety of factors including economic data, Everlight Electronics' earnings reports, geopolitical events, and overall market trends.
Everlight Electronics stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Everlight daily returns and investor perception about the current price of Everlight Electronics Co as well as its diversification or hedging effects on your existing portfolios.
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Everlight Electronics Is Looking To Continue Growing Its Returns On Capital Simply Wall St
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Everlight Electronics Fundamental Analysis
We analyze Everlight Electronics' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Everlight Electronics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Everlight Electronics based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Current Ratio
Current Ratio Comparative Analysis
Everlight Electronics is currently under evaluation in current ratio category among its peers. Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Everlight Electronics Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Everlight Electronics stock to make a market-neutral strategy. Peer analysis of Everlight Electronics could also be used in its relative valuation, which is a method of valuing Everlight Electronics by comparing valuation metrics with similar companies.
Peers
Everlight Electronics Related Equities
| 2301 | Lite On | 0.48 |
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| 2474 | Catcher Technology | 0.51 |
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| 2409 | AU Optronics | 0.96 |
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| 2324 | Compal Electronics | 1.60 |
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| 2340 | Optotech Corp | 2.41 |
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Additional Tools for Everlight Stock Analysis
When running Everlight Electronics' price analysis, check to measure Everlight Electronics' 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 Everlight Electronics is operating at the current time. Most of Everlight Electronics' value examination focuses on studying past and present price action to predict the probability of Everlight Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Everlight Electronics' price. Additionally, you may evaluate how the addition of Everlight Electronics to your portfolios can decrease your overall portfolio volatility.