Everlight Electronics (Taiwan) Performance
| 2393 Stock | TWD 81.50 0.50 0.62% |
Everlight Electronics has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.21, which means not very significant fluctuations relative to the market. As returns on the market increase, Everlight Electronics' returns are expected to increase less than the market. However, during the bear market, the loss of holding Everlight Electronics is expected to be smaller as well. Everlight Electronics right now shows a risk of 2.05%. Please confirm Everlight Electronics market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to decide if Everlight Electronics will be following its price patterns.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Everlight Electronics Co are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. In spite of fairly stable basic indicators, Everlight Electronics 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 | 4.2 B | |
| Total Cashflows From Investing Activities | -1.1 B | |
| Free Cash Flow | 3.1 B |
Everlight |
Everlight Electronics Relative Risk vs. Return Landscape
If you would invest 8,070 in Everlight Electronics Co on September 15, 2024 and sell it today you would earn a total of 80.00 from holding Everlight Electronics Co or generate 0.99% return on investment over 90 days. Everlight Electronics Co is generating 0.0366% of daily returns and assumes 2.0491% volatility on return distribution over the 90 days horizon. Simply put, 18% of stocks are less volatile than Everlight, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Everlight Electronics Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Everlight Electronics' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Everlight Electronics Co, and traders can use it to determine the average amount a Everlight Electronics' 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 = 0.0178
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| Negative Returns | 2393 |
Estimated Market Risk
| 2.05 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Everlight Electronics is performing at about 1% 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 Everlight Electronics by adding it to a well-diversified portfolio.
Everlight Electronics Fundamentals Growth
Everlight Stock prices reflect investors' perceptions of the future prospects and financial health of Everlight Electronics, and Everlight Electronics 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 Everlight Stock performance.
| Return On Equity | 0.0875 | |||
| Return On Asset | 0.034 | |||
| Profit Margin | 0.07 % | |||
| Operating Margin | 0.08 % | |||
| Current Valuation | 8.73 B | |||
| Shares Outstanding | 443.39 M | |||
| Price To Earning | 17.02 X | |||
| Price To Book | 0.93 X | |||
| Price To Sales | 0.80 X | |||
| Revenue | 25.02 B | |||
| EBITDA | 4.19 B | |||
| Cash And Equivalents | 8.42 B | |||
| Cash Per Share | 18.85 X | |||
| Total Debt | 69.57 M | |||
| Debt To Equity | 24.40 % | |||
| Book Value Per Share | 41.60 X | |||
| Cash Flow From Operations | 4.1 B | |||
| Earnings Per Share | 3.45 X | |||
| Total Asset | 30.53 B | |||
| Retained Earnings | 5.19 B | |||
| Current Asset | 23.28 B | |||
| Current Liabilities | 13.25 B | |||
About Everlight Electronics Performance
Evaluating Everlight Electronics' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Everlight Electronics 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 Everlight Electronics 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.
Everlight Electronics Co., Ltd. provides LEDs, lamps, lighting components, LED lighting modules, opto-couplers, and infrared components for various applications worldwide. Everlight Electronics Co., Ltd. was founded in 1983 and is headquartered in New Taipei City, Taiwan. EVERLIGHT ELECTRONICS operates under Semiconductors classification in Taiwan and is traded on Taiwan Stock Exchange.Things to note about Everlight Electronics performance evaluation
Checking the ongoing alerts about Everlight Electronics for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Everlight Electronics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| About 19.0% of the company shares are owned by insiders or employees |
- Analyzing Everlight Electronics' 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 Everlight Electronics' stock is overvalued or undervalued compared to its peers.
- Examining Everlight Electronics' 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 Everlight Electronics' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Everlight Electronics' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Everlight Electronics' stock. These opinions can provide insight into Everlight Electronics' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Everlight Stock Analysis
When running Everlight Electronics' price analysis, check to measure Everlight Electronics' 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 Everlight Electronics is operating at the current time. Most of Everlight Electronics' value examination focuses on studying past and present price action to predict the probability of Everlight Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Everlight Electronics' price. Additionally, you may evaluate how the addition of Everlight Electronics to your portfolios can decrease your overall portfolio volatility.