Eva Competitors

Stocks . Taiwan . 
Stock . Eva Airways Corp
2618 Stock  TWD 44.60  1.10  2.53%   
Eva Airways Corp competes with Universal Microelectronics, AVerMedia Technologies, Symtek Automation, WiseChip Semiconductor, and Novatek Microelectronics; as well as few others. The company operates under Airlines sector and is part of Industrials industry. Analyzing Eva Airways competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Eva Airways to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Eva Airways Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Eva Airways competition on your existing holdings.
  
Hype
Prediction
LowEstimatedHigh
43.1544.6046.05
Details
Intrinsic
Valuation
LowRealHigh
33.9335.3849.06
Details
Naive
Forecast
LowNextHigh
42.0543.5044.96
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
40.5641.6442.73
Details

Eva Airways Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Eva Airways and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Eva and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Eva Airways Corp does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
9921
+ 0.88
2417
9921
+ 0.82
5245
9921
+ 0.82
3034
6697
+ 0.8
2413
6438
+ 0.79
2413
3034
+ 0.74
2417
  
High negative correlations   
9921
- 0.91
6438
9921
- 0.82
2413
6438
- 0.79
2417
3034
- 0.79
2413
2417
- 0.76
2413
3034
- 0.68
6438

Risk-Adjusted Indicators

There is a big difference between Eva Stock performing well and Eva Airways Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Eva Airways' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
All Fundamental Data

Eva Airways Competitive Analysis

The better you understand Eva Airways competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Eva Airways' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Eva Airways' competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
2618 2413 2417 6438 5245 3034 6697 6209 9921 2395
 2.53 
 44.60 
Eva
 0.38 
 26.25 
Universal
 0.49 
 40.80 
AVerMedia
 0.49 
 207.00 
Symtek
 0.60 
 33.05 
WiseChip
 1.03 
 479.50 
Novatek
 0.78 
 45.15 
Information
 0.40 
 24.90 
Kinko
 1.67 
 152.50 
Giant
 4.32 
 362.00 
Advantech
Market Volatility
(90 Days Market Risk)
Very steady
Not too volatile
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Market Performance
(90 Days Performance)
Solid
Good
Very Weak
Solid
Very Weak
Very Weak
Insignificant
Very Weak
Very Weak
Modest
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Low
Low
Low
Low
Low
Low
Low
Low
Current Valuation
(Equity Enterprise Value)
Over Valued
Over Valued
Fairly Valued
Over Valued
Over Valued
Over Valued
Fairly Valued
Over Valued
Over Valued
Over Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Strong Hold
Cautious Hold
Strong Buy
Strong Hold
Cautious Hold
Strong Buy
Strong Buy
Strong Buy
Buy
Strong Buy
Current Ratio
1.23
1.48
4.23
1.49
1.29
2.06
N/A
2.32
1.42
2.14
Net Asset
325.31 B
4.92 B
6.31 B
6.18 B
1.71 B
120.59 B
N/A
4.62 B
77.2 B
57.83 B
Profit Margin
0.1
0.0526
0.0098
0.13
0.15
0.25
N/A
0.0174
0.0741
0.16
EBITDA
40.23 B
267.3 M
683.95 M
904.7 M
368.53 M
49.24 B
N/A
135.66 M
10.89 B
11.37 B
Operating Margin
0.13
0.0336
0.0484
0.16
0.17
0.3
N/A
-0.0298
0.0928
0.18
Current Valuation
182.08 B
4.97 B
2.36 B
5.77 B
2.5 B
144.82 B
N/A
4.78 B
115.88 B
255.56 B
Price To Book
1.79
1.86
1.05
1.78
2.08
3.05
N/A
1.43
3.14
6.42
Retained Earnings
7.92 B
165 M
442 M
N/A
N/A
20.21 B
N/A
1.33 B
14.97 B
10.04 B
Current Asset
58.59 B
2.6 B
2.69 B
N/A
N/A
34.22 B
N/A
2.91 B
34.81 B
20.14 B
Five Year Return
2.08
N/A
N/A
4.68
4.56
6.09
N/A
N/A
2.82
2.55
Beta
0.88
1.02
1.59
1.16
0.94
1.12
N/A
1.4
1.14
0.73
Number Of Employees
60
2.71 K
22
N/A
275
30
N/A
11
39
30
Shares Outstanding
5.36 B
126.82 M
140.87 M
71.43 M
43.16 M
608.51 M
N/A
174.23 M
409.06 M
777.84 M
Cash Flow From Operations
34.97 B
(314.93 M)
454.39 M
678.36 M
325.69 M
41.72 B
N/A
(247.69 M)
(4.96 B)
9.13 B
Annual Yield
0.0208
N/A
0.0063
0.0651
0.0857
0.14
N/A
0.0198
0.0481
0.0219
Total Debt
92.62 B
1.16 B
N/A
76.21 M
31.69 M
293.66 M
N/A
548.27 M
3.16 B
1.07 B
Return On Equity
0.16
0.13
0.0557
0.22
0.19
0.42
N/A
0.0206
0.23
0.27
Z Score
0.6
1.8
N/A
54.0
42.6
N/A
N/A
4.8
16.6
N/A
Return On Asset
0.0329
0.0176
0.0189
0.0797
0.0872
0.26
N/A
-0.0148
0.0647
0.13
Book Value Per Share
15.75
15.36
21.69
49.64
27.7
100.74
N/A
18.53
80.43
52.92
Current Liabilities
58.58 B
1.61 B
674 M
N/A
N/A
10.2 B
N/A
1.42 B
23.12 B
13.17 B
Total Asset
325.31 B
4.92 B
6.31 B
6.18 B
1.71 B
120.59 B
N/A
4.62 B
77.2 B
57.83 B
Debt To Equity
2.74
81.6
2.8
0.31
0.17
1.0
N/A
17.9
71.3
3.3
Target Price
29.5
N/A
42.0
N/A
N/A
371.06
N/A
39.43
252.22
340.36
Last Dividend Paid
0.59
N/A
0.15
6.3
4.48
N/A
N/A
N/A
10.0
8.0
Shares Owned By Institutions
10.46
0.1
0.43
2.13
0.43
40.9
N/A
1.38
27.91
26.61
Market Capitalization
154.58 B
3.58 B
3.22 B
6.89 B
2.27 B
242.49 B
N/A
4.5 B
84.47 B
287.02 B
Price To Earning
289.29
0.89
0.74
13.75
17.43
13.01
N/A
442.19
24.07
28.54
Price To Earnings To Growth
3.61
N/A
N/A
N/A
N/A
2.12
N/A
N/A
4.48
1.5
Price To Sales
1.15
0.78
0.79
1.14
1.64
1.54
N/A
1.2
0.95
3.89
Net Income
6.61 B
44.71 M
42.59 M
651.65 M
197.86 M
38.87 B
N/A
(150.46 M)
5.93 B
8.25 B
Earnings Per Share
2.55
1.72
0.34
10.29
5.1
57.16
N/A
0.39
17.48
13.37
Shares Owned By Insiders
45.68
51.36
33.76
20.98
51.48
5.1
N/A
23.7
20.18
48.01
Revenue
103.87 B
4.04 B
4.71 B
4.91 B
1.45 B
135.37 B
N/A
3.61 B
81.84 B
58.62 B
Working Capital
5.53 M
988 M
2.01 B
N/A
N/A
24.02 B
N/A
1.49 B
11.69 B
6.97 B
Cash And Equivalents
44.28 B
855.5 M
1.53 B
1.41 B
139.05 M
20.45 B
N/A
992.72 M
10.86 B
9.3 B
Cash Per Share
8.99
6.73
7.91
23.02
3.08
33.6
N/A
6.09
28.94
13.31
Gross Profit
19.32 B
625.52 M
2.33 B
1.6 B
505.36 M
50.94 B
N/A
201.58 M
19.76 B
22.13 B
Day Typical Price
44.4
26.42
40.87
209.67
32.98
482.33
45.07
24.9
152.83
358.0
Accumulation Distribution
0.0442
0.0297
0.017
0.0372
0.0387
0.0174
0.0121
0.012
0.0258
0.044
Market Facilitation Index
2.0
0.8
0.7
8.0
1.3
8.5
0.55
0.3
4.0
16.0
Daily Balance Of Power
0.55
0.125
0.2857
0.125
(0.15)
(0.59)
0.6364
0.3333
0.625
0.9375
Period Momentum Indicator
1.1
0.1
0.2
1.0
(0.20)
(5.00)
0.35
0.1
2.5
15.0
Rate Of Daily Change
1.03
1.0
1.0
1.0
0.99
0.99
1.01
1.0
1.02
1.04
Day Median Price
44.3
26.5
40.9
211.0
32.95
483.75
45.03
24.9
153.0
356.0
Price Action Indicator
0.85
(0.20)
N/A
(3.50)
N/A
(6.75)
0.3
0.05
0.75
13.5
Relative Strength Index
78.62
63.76
40.34
60.13
35.56
39.63
47.57
51.0
15.08
64.16
Coefficient Of Variation
401.03
981.01
(839.92)
436.87
(1,892)
(885.58)
7121.71
(1,386)
(351.69)
2486.52
Mean Deviation
0.9922
2.11
1.46
2.71
1.57
1.1
1.22
1.05
1.67
1.23
Jensen Alpha
0.3658
0.4402
(0.30)
0.8052
(0.1)
(0.21)
(0.01)
(0.14)
(0.68)
(0)
Total Risk Alpha
0.156
(0.12)
(0.52)
0.3319
(0.50)
(0.38)
(0.26)
(0.29)
(0.97)
(0.18)
Sortino Ratio
0.1302
0.0777
N/A
0.2596
N/A
N/A
(0.04)
N/A
N/A
(0.02)
Downside Variance
3.68
9.14
N/A
7.78
N/A
N/A
4.06
N/A
N/A
4.3
Standard Deviation
1.46
3.42
2.0
3.66
2.59
1.49
2.05
1.34
2.29
1.76
Kurtosis
4.27
3.12
1.61
0.9836
6.24
2.59
8.46
0.1017
2.17
3.63
Potential Upside
2.53
9.92
3.12
9.79
2.89
1.97
2.33
1.98
1.99
2.91
Treynor Ratio
(2.92)
(0.34)
(0.48)
3.86
0.3113
(0.61)
0.0601
(0.36)
(3.06)
0.0978
Maximum Drawdown
7.77
16.63
9.41
17.42
16.35
8.21
15.29
5.38
14.43
7.98
Variance
2.12
11.67
4.02
13.38
6.68
2.23
4.21
1.8
5.26
3.11
Market Risk Adjusted Performance
(2.91)
(0.33)
(0.47)
3.87
0.3213
(0.60)
0.0701
(0.35)
(3.05)
0.1078
Risk Adjusted Performance
0.195
0.0855
(0.08)
0.1826
(0.03)
(0.08)
0.017
(0.05)
(0.21)
0.0364
Skewness
(0.79)
1.24
0.2306
0.9381
1.42
(0.91)
1.36
(0.36)
(0.40)
(0.91)
Semi Deviation
1.24
2.33
N/A
1.99
N/A
N/A
1.71
N/A
N/A
1.77
Information Ratio
0.1716
0.0688
(0.18)
0.1979
(0.1)
(0.19)
(0.04)
(0.16)
(0.33)
(0.02)
Value At Risk
(1.46)
(5.76)
(3.00)
(3.68)
(3.45)
(2.55)
(2.68)
(2.38)
(5.13)
(2.04)
Expected Short fall
(1.15)
(2.66)
N/A
(3.67)
N/A
N/A
(1.47)
N/A
N/A
(1.42)
Downside Deviation
1.92
3.02
N/A
2.79
N/A
N/A
2.02
N/A
N/A
2.07
Semi Variance
1.55
5.42
N/A
3.96
N/A
N/A
2.94
N/A
N/A
3.12

Eva Airways Competition Performance Charts

Five steps to successful analysis of Eva Airways Competition

Eva Airways' competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Eva Airways Corp in relation to its competition. Eva Airways' competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Eva Airways in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Eva Airways' competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Eva Airways Corp, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

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Additional Tools for Eva Stock Analysis

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