ECOVE Environment (Taiwan) Performance
| 6803 Stock | TWD 287.50 0.00 0.00% |
ECOVE Environment has a performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0167, which means not very significant fluctuations relative to the market. As returns on the market increase, ECOVE Environment's returns are expected to increase less than the market. However, during the bear market, the loss of holding ECOVE Environment is expected to be smaller as well. ECOVE Environment Corp at this time shows a risk of 0.57%. Please confirm ECOVE Environment Corp downside deviation, information ratio, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if ECOVE Environment Corp will be following its price patterns.
Risk-Adjusted Performance
4 of 100
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in ECOVE Environment Corp are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. In spite of fairly stable basic indicators, ECOVE Environment is not utilizing all of its potentials. The latest stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
| Begin Period Cash Flow | 533.6 M | |
| Total Cashflows From Investing Activities | -1.1 B |
ECOVE |
ECOVE Environment Relative Risk vs. Return Landscape
If you would invest 28,300 in ECOVE Environment Corp on November 3, 2024 and sell it today you would earn a total of 450.00 from holding ECOVE Environment Corp or generate 1.59% return on investment over 90 days. ECOVE Environment Corp is generating 0.0288% of daily returns and assumes 0.5662% volatility on return distribution over the 90 days horizon. Simply put, 5% of stocks are less volatile than ECOVE, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
ECOVE Environment Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ECOVE Environment's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as ECOVE Environment Corp, and traders can use it to determine the average amount a ECOVE Environment'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 = 0.0508
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| Negative Returns | 6803 |
Estimated Market Risk
| 0.57 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average ECOVE Environment is performing at about 4% of its full potential. 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 ECOVE Environment by adding it to a well-diversified portfolio.
ECOVE Environment Fundamentals Growth
ECOVE Stock prices reflect investors' perceptions of the future prospects and financial health of ECOVE Environment, and ECOVE Environment 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 ECOVE Stock performance.
| Return On Equity | 0.2 | |||
| Return On Asset | 0.0734 | |||
| Profit Margin | 0.15 % | |||
| Operating Margin | 0.21 % | |||
| Current Valuation | 17.81 B | |||
| Shares Outstanding | 69.88 M | |||
| Price To Earning | 16.34 X | |||
| Price To Book | 3.08 X | |||
| Price To Sales | 2.59 X | |||
| Revenue | 5.96 B | |||
| EBITDA | 1.71 B | |||
| Cash And Equivalents | 2.43 B | |||
| Cash Per Share | 36.11 X | |||
| Total Debt | 2.07 B | |||
| Debt To Equity | 42.20 % | |||
| Book Value Per Share | 80.38 X | |||
| Cash Flow From Operations | 2.01 B | |||
| Earnings Per Share | 13.99 X | |||
| Total Asset | 12.28 B | |||
About ECOVE Environment Performance
Evaluating ECOVE Environment's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if ECOVE Environment 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 ECOVE Environment 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.
ECOVE Environment Corp. provides resources management services to public and private entities in China, Southeast Asia, India, and the United States of America. ECOVE Environment Corporation is a subsidiary of CTCI Corporation. ECOVE ENVIRONMENT operates under Waste Management classification in Taiwan and is traded on Taiwan OTC Exchange. It employs 988 people.Things to note about ECOVE Environment Corp performance evaluation
Checking the ongoing alerts about ECOVE Environment for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for ECOVE Environment Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| ECOVE Environment is not yet fully synchronised with the market data | |
| About 59.0% of the company shares are owned by insiders or employees |
- Analyzing ECOVE Environment'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 ECOVE Environment's stock is overvalued or undervalued compared to its peers.
- Examining ECOVE Environment'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 ECOVE Environment's management team can have a significant impact on its success or failure. Reviewing the track record and experience of ECOVE Environment's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of ECOVE Environment's stock. These opinions can provide insight into ECOVE Environment's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for ECOVE Stock Analysis
When running ECOVE Environment's price analysis, check to measure ECOVE Environment'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 ECOVE Environment is operating at the current time. Most of ECOVE Environment's value examination focuses on studying past and present price action to predict the probability of ECOVE Environment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ECOVE Environment's price. Additionally, you may evaluate how the addition of ECOVE Environment to your portfolios can decrease your overall portfolio volatility.