Evergreen Steel (Taiwan) Analysis
| 2211 Stock | TWD 102.50 1.50 1.44% |
Evergreen Steel Corp is overvalued with Real Value of 91.14 and Hype Value of 102.5. The main objective of Evergreen Steel stock analysis is to determine its intrinsic value, which is an estimate of what Evergreen Steel Corp is worth, separate from its market price. There are two main types of Evergreen Steel's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Evergreen Steel's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Evergreen Steel's stock to identify patterns and trends that may indicate its future price movements.
The Evergreen Steel stock is traded in Taiwan on Taiwan Stock Exchange, with the market opening at 09:00:00 and closing at 13:30:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Taiwan. Evergreen Steel is usually not traded on National Day of the Republic of China. Evergreen Stock trading window is adjusted to Asia/Shanghai timezone.
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Evergreen Stock Analysis Notes
About 67.0% of the company shares are owned by insiders or employees . The company has Price-to-Book (P/B) ratio of 1.04. In the past many companies with similar price-to-book ratios have beat the market. Evergreen Steel Corp recorded earning per share (EPS) of 5.69. The entity last dividend was issued on the 29th of August 2022. Evergreen Steel Corp. engages in the production and sale of steel products. Evergreen Steel Corp. was founded in 1982 and is based in Taipei City, Taiwan. EVERGREEN STEEL is traded on Taiwan Stock Exchange in Taiwan. For more info on Evergreen Steel Corp please contact the company at 886 2 2513 5860 or go to https://www.evergreennet.com.Evergreen Steel Corp Investment Alerts
| Evergreen Steel Corp generated a negative expected return over the last 90 days | |
| About 67.0% of the company shares are owned by insiders or employees |
Evergreen Steel Thematic Classifications
In addition to having Evergreen Steel stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
 | IronSteel and Iron production |
Evergreen Market Capitalization
The company currently falls under 'Large-Cap' category with a current market capitalization of 21.98 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Evergreen Steel's market, we take the total number of its shares issued and multiply it by Evergreen Steel's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Evergreen Profitablity
Evergreen Steel's profitability indicators refer to fundamental financial ratios that showcase Evergreen Steel's ability to generate income relative to its revenue or operating costs. If, let's say, Evergreen Steel is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Evergreen Steel's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Evergreen Steel's profitability requires more research than a typical breakdown of Evergreen Steel's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 0.17 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.16 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.16. Technical Drivers
As of the 22nd of November, Evergreen Steel shows the Mean Deviation of 1.31, standard deviation of 1.69, and Variance of 2.86. Evergreen Steel Corp technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm Evergreen Steel Corp coefficient of variation, variance, and the relationship between the mean deviation and standard deviation to decide if Evergreen Steel Corp is priced favorably, providing market reflects its regular price of 102.5 per share.Evergreen Steel Corp Price Movement Analysis
The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Evergreen Steel middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Evergreen Steel Corp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Evergreen Steel Outstanding Bonds
Evergreen Steel issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Evergreen Steel Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Evergreen bonds can be classified according to their maturity, which is the date when Evergreen Steel Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Evergreen Steel Predictive Daily Indicators
Evergreen Steel intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Evergreen Steel stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Evergreen Steel Forecast Models
Evergreen Steel's time-series forecasting models are one of many Evergreen Steel's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Evergreen Steel's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Evergreen Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Evergreen Steel prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Evergreen shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Evergreen Steel. By using and applying Evergreen Stock analysis, traders can create a robust methodology for identifying Evergreen entry and exit points for their positions.
Evergreen Steel Corp. engages in the production and sale of steel products. Evergreen Steel Corp. was founded in 1982 and is based in Taipei City, Taiwan. EVERGREEN STEEL is traded on Taiwan Stock Exchange in Taiwan.
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Additional Tools for Evergreen Stock Analysis
When running Evergreen Steel's price analysis, check to measure Evergreen Steel'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 Evergreen Steel is operating at the current time. Most of Evergreen Steel's value examination focuses on studying past and present price action to predict the probability of Evergreen Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Evergreen Steel's price. Additionally, you may evaluate how the addition of Evergreen Steel to your portfolios can decrease your overall portfolio volatility.