Eva Airways (Taiwan) Buy Hold or Sell Recommendation
| 2618 Stock | TWD 43.50 1.95 4.69% |
Assuming the 90 days trading horizon and your way above-average risk tolerance, our recommendation regarding Eva Airways Corp is 'Sell'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Eva Airways Corp given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Eva Airways Corp, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Eva Airways Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Eva and provide practical buy, sell, or hold advice based on investors' constraints. Eva Airways 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.
Eva |
Execute Eva Airways Buy or Sell Advice
The Eva recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Eva Airways Corp. Macroaxis does not own or have any residual interests in Eva Airways Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Eva Airways' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Sell
Market Performance | Solid | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Eva Airways Trading Alerts and Improvement Suggestions
| About 46.0% of the company shares are owned by insiders or employees |
Eva Airways Returns Distribution Density
The distribution of Eva Airways' historical returns is an attempt to chart the uncertainty of Eva Airways' future price movements. The chart of the probability distribution of Eva Airways daily returns describes the distribution of returns around its average expected value. We use Eva Airways Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Eva Airways returns is essential to provide solid investment advice for Eva Airways.
| Mean Return | 0.31 | Value At Risk | -1.46 | Potential Upside | 2.21 | Standard Deviation | 1.44 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Eva Airways historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Eva Airways Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Eva Airways or Airlines sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Eva Airways' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Eva stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.32 | |
β | Beta against Dow Jones | -0.12 | |
σ | Overall volatility | 1.43 | |
Ir | Information ratio | 0.13 |
Eva Airways Volatility Alert
Eva Airways Corp has relatively low volatility with skewness of -0.78 and kurtosis of 4.48. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Eva Airways' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Eva Airways' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Eva Airways Fundamentals Vs Peers
Comparing Eva Airways' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Eva Airways' direct or indirect competition across all of the common fundamentals between Eva Airways and the related equities. This way, we can detect undervalued stocks with similar characteristics as Eva Airways or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Eva Airways' fundamental indicators could also be used in its relative valuation, which is a method of valuing Eva Airways by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Eva Airways to competition |
| Fundamentals | Eva Airways | Peer Average |
| Return On Equity | 0.16 | -0.31 |
| Return On Asset | 0.0329 | -0.14 |
| Profit Margin | 0.10 % | (1.27) % |
| Operating Margin | 0.13 % | (5.51) % |
| Current Valuation | 182.08 B | 16.62 B |
| Shares Outstanding | 5.36 B | 571.82 M |
| Shares Owned By Insiders | 45.68 % | 10.09 % |
| Shares Owned By Institutions | 10.46 % | 39.21 % |
| Price To Earning | 289.29 X | 28.72 X |
| Price To Book | 1.79 X | 9.51 X |
| Price To Sales | 1.15 X | 11.42 X |
| Revenue | 103.87 B | 9.43 B |
| Gross Profit | 19.32 B | 27.38 B |
| EBITDA | 40.23 B | 3.9 B |
| Net Income | 6.61 B | 570.98 M |
| Cash And Equivalents | 44.28 B | 2.7 B |
| Cash Per Share | 8.99 X | 5.01 X |
| Total Debt | 92.62 B | 5.32 B |
| Debt To Equity | 2.74 % | 48.70 % |
| Current Ratio | 1.23 X | 2.16 X |
| Book Value Per Share | 15.75 X | 1.93 K |
| Cash Flow From Operations | 34.97 B | 971.22 M |
| Earnings Per Share | 2.55 X | 3.12 X |
| Price To Earnings To Growth | 3.61 X | 4.89 X |
| Target Price | 29.5 | |
| Number Of Employees | 60 | 18.84 K |
| Beta | 0.88 | -0.15 |
| Market Capitalization | 154.58 B | 19.03 B |
| Total Asset | 325.31 B | 29.47 B |
| Retained Earnings | 7.92 B | 9.33 B |
| Working Capital | 5.53 M | 1.48 B |
| Current Asset | 58.59 B | 9.34 B |
| Current Liabilities | 58.58 B | 7.9 B |
Eva Airways Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Eva . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Eva Airways Buy or Sell Advice
When is the right time to buy or sell Eva Airways Corp? Buying financial instruments such as Eva Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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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.