Evermore Chemical (Taiwan) Performance
| 1735 Stock | TWD 19.45 0.05 0.26% |
The firm shows a Beta (market volatility) of 0.0463, which means not very significant fluctuations relative to the market. As returns on the market increase, Evermore Chemical's returns are expected to increase less than the market. However, during the bear market, the loss of holding Evermore Chemical is expected to be smaller as well. At this point, Evermore Chemical has a negative expected return of -0.25%. Please make sure to confirm Evermore Chemical's market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to decide if Evermore Chemical performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Evermore Chemical Industry has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of abnormal performance in the last few months, the Stock's basic indicators remain fairly stable which may send shares a bit higher in January 2025. The latest fuss may also be a sign of long-term up-swing for the venture sophisticated investors. ...more
| Begin Period Cash Flow | 306.4 M | |
| Total Cashflows From Investing Activities | -488.5 M |
Evermore |
Evermore Chemical Relative Risk vs. Return Landscape
If you would invest 2,390 in Evermore Chemical Industry on September 2, 2024 and sell it today you would lose (445.00) from holding Evermore Chemical Industry or give up 18.62% of portfolio value over 90 days. Evermore Chemical Industry is generating negative expected returns and assumes 3.9% volatility on return distribution over the 90 days horizon. Simply put, 34% of stocks are less volatile than Evermore, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Evermore Chemical Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Evermore Chemical's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Evermore Chemical Industry, and traders can use it to determine the average amount a Evermore Chemical's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0635
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| Negative Returns | 1735 |
Estimated Market Risk
| 3.9 actual daily | 34 66% of assets are more volatile |
Expected Return
| -0.25 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Evermore Chemical is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Evermore Chemical by adding Evermore Chemical to a well-diversified portfolio.
Evermore Chemical Fundamentals Growth
Evermore Stock prices reflect investors' perceptions of the future prospects and financial health of Evermore Chemical, and Evermore Chemical fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Evermore Stock performance.
| Return On Equity | 0.0087 | |||
| Return On Asset | -0.0031 | |||
| Profit Margin | 0 % | |||
| Operating Margin | (0.01) % | |||
| Current Valuation | 3 B | |||
| Shares Outstanding | 99.39 M | |||
| Price To Earning | 28.73 X | |||
| Price To Book | 1.01 X | |||
| Price To Sales | 0.46 X | |||
| Revenue | 3.2 B | |||
| EBITDA | 125.48 M | |||
| Cash And Equivalents | 289.97 M | |||
| Cash Per Share | 2.87 X | |||
| Total Debt | 430.62 M | |||
| Debt To Equity | 66.90 % | |||
| Book Value Per Share | 14.96 X | |||
| Cash Flow From Operations | (243.57 M) | |||
| Earnings Per Share | 0.13 X | |||
| Total Asset | 3.72 B | |||
| Retained Earnings | 288 M | |||
| Current Asset | 1.95 B | |||
| Current Liabilities | 1.33 B | |||
About Evermore Chemical Performance
Evaluating Evermore Chemical's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Evermore Chemical has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Evermore Chemical has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Evermore Chemical Industry Co., Ltd. produces and sells synthetic leather polyurethane resins in China, Taiwan, and internationally. Evermore Chemical Industry Co., Ltd. is a subsidiary of Aica Kogyo Company, Limited. EVERMORE CHEMICAL is traded on Taiwan Stock Exchange in Taiwan.Things to note about Evermore Chemical performance evaluation
Checking the ongoing alerts about Evermore Chemical for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Evermore Chemical help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Evermore Chemical generated a negative expected return over the last 90 days | |
| Evermore Chemical has high historical volatility and very poor performance | |
| The company has NT$430.62 Million in debt which may indicate that it relies heavily on debt financing | |
| Evermore Chemical Industry has accumulated about 289.97 M in cash with (243.57 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.87. | |
| Roughly 80.0% of the company shares are owned by insiders or employees |
- Analyzing Evermore Chemical's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Evermore Chemical's stock is overvalued or undervalued compared to its peers.
- Examining Evermore Chemical's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Evermore Chemical's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Evermore Chemical's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Evermore Chemical's stock. These opinions can provide insight into Evermore Chemical's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Evermore Stock Analysis
When running Evermore Chemical's price analysis, check to measure Evermore Chemical's 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 Evermore Chemical is operating at the current time. Most of Evermore Chemical's value examination focuses on studying past and present price action to predict the probability of Evermore Chemical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Evermore Chemical's price. Additionally, you may evaluate how the addition of Evermore Chemical to your portfolios can decrease your overall portfolio volatility.