Eva Airways (Taiwan) Performance
| 2618 Stock | TWD 42.60 0.15 0.35% |
The firm shows a Beta (market volatility) of 0.12, which means not very significant fluctuations relative to the market. As returns on the market increase, Eva Airways' returns are expected to increase less than the market. However, during the bear market, the loss of holding Eva Airways is expected to be smaller as well. At this point, Eva Airways Corp has a negative expected return of -0.0669%. Please make sure to confirm Eva Airways' coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if Eva Airways Corp performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Eva Airways Corp has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable basic indicators, Eva Airways 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 | 40.9 B | |
| Total Cashflows From Investing Activities | -11.8 B |
Eva |
Eva Airways Relative Risk vs. Return Landscape
If you would invest 4,455 in Eva Airways Corp on December 19, 2024 and sell it today you would lose (195.00) from holding Eva Airways Corp or give up 4.38% of portfolio value over 90 days. Eva Airways Corp is generating negative expected returns and assumes 1.6255% volatility on return distribution over the 90 days horizon. Simply put, 14% of stocks are less volatile than Eva, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Eva Airways Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Eva Airways' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Eva Airways Corp, and traders can use it to determine the average amount a Eva Airways' 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 = -0.0412
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| Negative Returns | 2618 |
Estimated Market Risk
| 1.63 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Eva Airways is not performing at its full potential. However, 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 Eva Airways by adding Eva Airways to a well-diversified portfolio.
Eva Airways Fundamentals Growth
Eva Stock prices reflect investors' perceptions of the future prospects and financial health of Eva Airways, and Eva Airways 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 Eva Stock performance.
| Return On Equity | 0.16 | |||
| Return On Asset | 0.0329 | |||
| Profit Margin | 0.10 % | |||
| Operating Margin | 0.13 % | |||
| Current Valuation | 182.08 B | |||
| Shares Outstanding | 5.36 B | |||
| Price To Earning | 289.29 X | |||
| Price To Book | 1.79 X | |||
| Price To Sales | 1.15 X | |||
| Revenue | 103.87 B | |||
| EBITDA | 40.23 B | |||
| Cash And Equivalents | 44.28 B | |||
| Cash Per Share | 8.99 X | |||
| Total Debt | 92.62 B | |||
| Debt To Equity | 2.74 % | |||
| Book Value Per Share | 15.75 X | |||
| Cash Flow From Operations | 34.97 B | |||
| Earnings Per Share | 2.55 X | |||
| Total Asset | 325.31 B | |||
| Retained Earnings | 7.92 B | |||
| Current Asset | 58.59 B | |||
| Current Liabilities | 58.58 B | |||
About Eva Airways Performance
Evaluating Eva Airways' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Eva Airways 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 Eva Airways 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.
EVA Airways Corp., together with its subsidiaries, engages in the aviation business in Taiwan, Asia, Europe, North America, and internationally. EVA Airways Corp. was incorporated in 1989 and is based in Taoyuan City, Taiwan. EVA AIRWAYS operates under Airlines classification in Taiwan and is traded on Taiwan Stock Exchange.Things to note about Eva Airways Corp performance evaluation
Checking the ongoing alerts about Eva Airways for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Eva Airways Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Eva Airways Corp generated a negative expected return over the last 90 days | |
| About 46.0% of the company shares are owned by insiders or employees |
- Analyzing Eva Airways' 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 Eva Airways' stock is overvalued or undervalued compared to its peers.
- Examining Eva Airways' 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 Eva Airways' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Eva Airways' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Eva Airways' stock. These opinions can provide insight into Eva Airways' potential for growth and whether the stock is currently undervalued or overvalued.
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.