Evergreen Corp Stock Return On Equity
| EVGR Stock | USD 11.89 0.03 0.25% |
Evergreen Corp fundamentals help investors to digest information that contributes to Evergreen Corp's financial success or failures. It also enables traders to predict the movement of Evergreen Stock. The fundamental analysis module provides a way to measure Evergreen Corp's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Evergreen Corp stock.
| Last Reported | Projected for Next Year | ||
| Return On Equity | 0.04 | 0.03 |
Evergreen | Return On Equity |
Evergreen Corp Company Return On Equity Analysis
Evergreen Corp's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Evergreen Corp Return On Equity | 0.0274 |
Most of Evergreen Corp's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Evergreen Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Evergreen Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Evergreen Corp is extremely important. It helps to project a fair market value of Evergreen Stock properly, considering its historical fundamentals such as Return On Equity. Since Evergreen Corp's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Evergreen Corp's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Evergreen Corp's interrelated accounts and indicators.
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Evergreen Return On Equity Historical Pattern
Today, most investors in Evergreen Corp Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Evergreen Corp's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's return on equity growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Evergreen Corp return on equity as a starting point in their analysis.
Evergreen Corp Return On Equity |
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For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Evergreen Total Stockholder Equity
Total Stockholder Equity |
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Evergreen Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Evergreen Corp's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Evergreen Corp could also be used in its relative valuation, which is a method of valuing Evergreen Corp by comparing valuation metrics of similar companies.Evergreen Corp is currently under evaluation in return on equity category among its peers.
Evergreen Corp ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Evergreen Corp's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Evergreen Corp's managers, analysts, and investors.Environmental | Governance | Social |
Evergreen Fundamentals
| Return On Asset | -0.0101 | ||||
| Current Valuation | 100.97 M | ||||
| Shares Outstanding | 5.2 M | ||||
| Shares Owned By Institutions | 85.80 % | ||||
| Number Of Shares Shorted | 1.93 K | ||||
| Price To Book | 2.14 X | ||||
| EBITDA | 3.67 M | ||||
| Net Income | 3.67 M | ||||
| Cash And Equivalents | 388.73 K | ||||
| Cash Per Share | 0.03 X | ||||
| Total Debt | 3.59 M | ||||
| Book Value Per Share | (1.19) X | ||||
| Cash Flow From Operations | (804.29 K) | ||||
| Short Ratio | 2.92 X | ||||
| Earnings Per Share | 0.28 X | ||||
| Market Capitalization | 95.97 M | ||||
| Total Asset | 83.14 M | ||||
| Retained Earnings | (7.92 M) | ||||
| Working Capital | (3.89 M) | ||||
| Net Asset | 83.14 M |
About Evergreen Corp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Evergreen Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Evergreen Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Evergreen Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Evergreen Corp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Evergreen Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Evergreen Corp will appreciate offsetting losses from the drop in the long position's value.Moving together with Evergreen Stock
Moving against Evergreen Stock
| 0.79 | XP | Xp Inc | PairCorr |
| 0.63 | WD | Walker Dunlop | PairCorr |
| 0.59 | LU | Lufax Holding | PairCorr |
| 0.58 | WU | Western Union Sell-off Trend | PairCorr |
| 0.4 | PT | Pintec Technology | PairCorr |
The ability to find closely correlated positions to Evergreen Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Evergreen Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Evergreen Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Evergreen Corp to buy it.
The correlation of Evergreen Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Evergreen Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Evergreen Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Evergreen Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Evergreen Stock Analysis
When running Evergreen Corp's price analysis, check to measure Evergreen Corp'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 Corp is operating at the current time. Most of Evergreen Corp's value examination focuses on studying past and present price action to predict the probability of Evergreen Corp'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 Corp's price. Additionally, you may evaluate how the addition of Evergreen Corp to your portfolios can decrease your overall portfolio volatility.