Evermore Chemical (Taiwan) Analysis

1735 Stock  TWD 21.20  0.35  1.68%   
Evermore Chemical Industry is overvalued with Real Value of 18.2 and Hype Value of 21.2. The main objective of Evermore Chemical stock analysis is to determine its intrinsic value, which is an estimate of what Evermore Chemical Industry is worth, separate from its market price. There are two main types of Evermore Chemical's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Evermore Chemical's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Evermore Chemical's stock to identify patterns and trends that may indicate its future price movements.
The Evermore Chemical stock is traded in Taiwan on Taiwan Stock Exchange, with the market opening at 09:00:00 and closing at 13:30:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Taiwan. Evermore Chemical is usually not traded on National Day of the Republic of China. Evermore Stock trading window is adjusted to Asia/Shanghai timezone.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Evermore Chemical Industry. 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.

Evermore Stock Analysis Notes

About 80.0% of the company shares are owned by insiders or employees . The company has Price-to-Book (P/B) ratio of 1.01. In the past many companies with similar price-to-book ratios have beat the market. Evermore Chemical last dividend was issued on the 11th of August 2021. The entity had 104:100 split on the 24th of July 2008. Evermore Chemical Industry Co., Ltd. produces and sells synthetic leather polyurethane resins in China, Taiwan, and internationally. Evermore Chemical Industry Co., Ltd. is a subsidiary of Aica Kogyo Company, Limited. EVERMORE CHEMICAL is traded on Taiwan Stock Exchange in Taiwan. For more info on Evermore Chemical Industry please contact the company at 886 4 9225 5357 or go to https://www.twemc.com.

Evermore Chemical Investment Alerts

Evermore Chemical generated a negative expected return over the last 90 days
The company has NT$430.62 Million in debt which may indicate that it relies heavily on debt financing
Evermore Chemical Industry has accumulated about 289.97 M in cash with (243.57 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.87.
Roughly 80.0% of the company shares are owned by insiders or employees

Evermore Chemical Thematic Classifications

In addition to having Evermore Chemical stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Synthetics Idea
Synthetics
Synthetics production and silicon

Evermore Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.49 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Evermore Chemical's market, we take the total number of its shares issued and multiply it by Evermore Chemical's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Technical Drivers

As of the 26th of December, Evermore Chemical shows the Mean Deviation of 1.74, variance of 6.83, and Standard Deviation of 2.61. Evermore Chemical technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm Evermore Chemical coefficient of variation, variance, and the relationship between the mean deviation and standard deviation to decide if Evermore Chemical is priced favorably, providing market reflects its regular price of 21.2 per share.

Evermore Chemical Price Movement Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Evermore Chemical middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Evermore Chemical. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Evermore Chemical Outstanding Bonds

Evermore Chemical issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Evermore Chemical uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Evermore bonds can be classified according to their maturity, which is the date when Evermore Chemical Industry has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Evermore Chemical Predictive Daily Indicators

Evermore Chemical intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Evermore Chemical stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Evermore Chemical Forecast Models

Evermore Chemical's time-series forecasting models are one of many Evermore Chemical's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Evermore Chemical's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Evermore Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Evermore Chemical prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Evermore shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Evermore Chemical. By using and applying Evermore Stock analysis, traders can create a robust methodology for identifying Evermore entry and exit points for their positions.
Evermore Chemical Industry Co., Ltd. produces and sells synthetic leather polyurethane resins in China, Taiwan, and internationally. Evermore Chemical Industry Co., Ltd. is a subsidiary of Aica Kogyo Company, Limited. EVERMORE CHEMICAL is traded on Taiwan Stock Exchange in Taiwan.

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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Evermore Chemical to your portfolios without increasing risk or reducing expected return.

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Bollinger Bands

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Additional Tools for Evermore Stock Analysis

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