Elan Microelectronics (Taiwan) Analysis

2458 Stock  TWD 148.50  1.50  1.00%   
Elan Microelectronics Corp is fairly valued with Real Value of 146.63 and Hype Value of 148.5. The main objective of Elan Microelectronics stock analysis is to determine its intrinsic value, which is an estimate of what Elan Microelectronics Corp is worth, separate from its market price. There are two main types of Elan Microelectronics' stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Elan Microelectronics' performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Elan Microelectronics' stock to identify patterns and trends that may indicate its future price movements.
The Elan Microelectronics 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. Elan Microelectronics is usually not traded on National Day of the Republic of China. Elan Stock trading window is adjusted to Asia/Shanghai timezone.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Elan Microelectronics Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Elan Stock Analysis Notes

About 28.0% of the company shares are owned by institutions such as pension funds. The book value of Elan Microelectronics was presently reported as 30.61. The company has Price/Earnings To Growth (PEG) ratio of 2.67. Elan Microelectronics recorded earning per share (EPS) of 11.82. The entity last dividend was issued on the 7th of July 2022. The firm had 700:1000 split on the 11th of October 2018. ELAN Microelectronics Corporation researches and develops integrated circuits , and provides touchpad module solutions in Taiwan, China, Hong Kong, and internationally. ELAN Microelectronics Corporation was founded in 1994 and is headquartered in Hsinchu City, Taiwan. ELAN MICROELECTRONICS operates under Semiconductor Equipment Materials classification in Taiwan and is traded on Taiwan Stock Exchange. For more info on Elan Microelectronics Corp please contact IHau Yeh at 886 3 563 9977 or go to https://www.emc.com.tw.

Elan Microelectronics Thematic Classifications

In addition to having Elan Microelectronics 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.

Elan Market Capitalization

The company currently falls under 'Large-Cap' category with a current market capitalization of 29.74 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Elan Microelectronics's market, we take the total number of its shares issued and multiply it by Elan Microelectronics'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.

Elan Profitablity

Elan Microelectronics' profitability indicators refer to fundamental financial ratios that showcase Elan Microelectronics' ability to generate income relative to its revenue or operating costs. If, let's say, Elan Microelectronics is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Elan Microelectronics' 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 Elan Microelectronics' profitability requires more research than a typical breakdown of Elan Microelectronics' 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 0.22 %, 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 0.26 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.26.

Technical Drivers

As of the 22nd of November, Elan Microelectronics shows the Mean Deviation of 1.35, semi deviation of 1.8, and Downside Deviation of 2.2. Elan Microelectronics 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 Elan Microelectronics semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation to decide if Elan Microelectronics is priced favorably, providing market reflects its regular price of 148.5 per share.

Elan Microelectronics Price Movement Analysis

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The output start index for this execution was thirteen with a total number of output elements of fourty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Elan Microelectronics 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 Elan Microelectronics. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Elan Microelectronics Outstanding Bonds

Elan Microelectronics 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. Elan Microelectronics 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 Elan bonds can be classified according to their maturity, which is the date when Elan Microelectronics 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.

Elan Microelectronics Predictive Daily Indicators

Elan Microelectronics 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 Elan Microelectronics 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.

Elan Microelectronics Forecast Models

Elan Microelectronics' time-series forecasting models are one of many Elan Microelectronics' 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 Elan Microelectronics' 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 Elan Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Elan Microelectronics 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 Elan 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 Elan Microelectronics. By using and applying Elan Stock analysis, traders can create a robust methodology for identifying Elan entry and exit points for their positions.
ELAN Microelectronics Corporation researches and develops integrated circuits , and provides touchpad module solutions in Taiwan, China, Hong Kong, and internationally. ELAN Microelectronics Corporation was founded in 1994 and is headquartered in Hsinchu City, Taiwan. ELAN MICROELECTRONICS operates under Semiconductor Equipment Materials classification in Taiwan and is traded on Taiwan Stock Exchange.

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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Elan Microelectronics to your portfolios without increasing risk or reducing expected return.

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Additional Tools for Elan Stock Analysis

When running Elan Microelectronics' price analysis, check to measure Elan Microelectronics' 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 Elan Microelectronics is operating at the current time. Most of Elan Microelectronics' value examination focuses on studying past and present price action to predict the probability of Elan Microelectronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elan Microelectronics' price. Additionally, you may evaluate how the addition of Elan Microelectronics to your portfolios can decrease your overall portfolio volatility.