Elite Material (Taiwan) Analysis
| 2383 Stock | TWD 604.00 22.00 3.51% |
Elite Material Co is overvalued with Real Value of 483.84 and Hype Value of 604.0. The main objective of Elite Material stock analysis is to determine its intrinsic value, which is an estimate of what Elite Material Co is worth, separate from its market price. There are two main types of Elite Material's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Elite Material's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Elite Material's stock to identify patterns and trends that may indicate its future price movements.
The Elite Material 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. Elite Material is usually not traded on National Day of the Republic of China. Elite Stock trading window is adjusted to Asia/Shanghai timezone.
Elite |
Elite Stock Analysis Notes
About 21.0% of the company shares are owned by insiders or employees . The book value of Elite Material was presently reported as 62.92. The company has Price/Earnings To Growth (PEG) ratio of 0.77. Elite Material recorded earning per share (EPS) of 15.43. The entity last dividend was issued on the 25th of August 2022. The firm had 1:1 split on the 4th of August 2011. Elite Material Co., Ltd. produces and sells laminate materials in Taiwan, Mainland China, and Korea. Elite Material Co., Ltd. was founded in 1992 and is headquartered in Taoyuang, Taiwan. ELITE MATERIAL operates under Contract Manufacturers classification in Taiwan and is traded on Taiwan Stock Exchange. For more info on Elite Material Co please contact the company at 886 3 483 7937 or go to https://www.emctw.com/en-global.Elite Material Investment Alerts
| About 21.0% of the company shares are owned by insiders or employees |
Elite Material Thematic Classifications
In addition to having Elite Material 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.
 | PlasticsRubber and plastics accessories |
Elite Market Capitalization
The company currently falls under 'Large-Cap' category with a current market capitalization of 63.25 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Elite Material's market, we take the total number of its shares issued and multiply it by Elite Material'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.Elite Profitablity
Elite Material's profitability indicators refer to fundamental financial ratios that showcase Elite Material's ability to generate income relative to its revenue or operating costs. If, let's say, Elite Material is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Elite Material's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Elite Material's profitability requires more research than a typical breakdown of Elite Material's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 0.13 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.16 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.16. Technical Drivers
As of the 5th of March, Elite Material shows the Coefficient Of Variation of 880.54, downside deviation of 2.74, and Mean Deviation of 2.11. Elite Material 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 Elite Material mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation to decide if Elite Material is priced favorably, providing market reflects its regular price of 604.0 per share.Elite Material Price Movement Analysis
The output start index for this execution was fifty-nine with a total number of output elements of two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Elite Material 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 Elite Material. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Elite Material Outstanding Bonds
Elite Material 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. Elite Material 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 Elite bonds can be classified according to their maturity, which is the date when Elite Material Co 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.
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Elite Material Predictive Daily Indicators
Elite Material 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 Elite Material 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.
| Accumulation Distribution | 161664.0 | |||
| Daily Balance Of Power | (1.47) | |||
| Rate Of Daily Change | 0.96 | |||
| Day Median Price | 611.5 | |||
| Day Typical Price | 609.0 | |||
| Price Action Indicator | (18.50) | |||
| Period Momentum Indicator | (22.00) |
Elite Material Forecast Models
Elite Material's time-series forecasting models are one of many Elite Material'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 Elite Material'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 Elite Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Elite Material 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 Elite 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 Elite Material. By using and applying Elite Stock analysis, traders can create a robust methodology for identifying Elite entry and exit points for their positions.
Elite Material Co., Ltd. produces and sells laminate materials in Taiwan, Mainland China, and Korea. Elite Material Co., Ltd. was founded in 1992 and is headquartered in Taoyuang, Taiwan. ELITE MATERIAL operates under Contract Manufacturers classification in Taiwan and is traded on Taiwan Stock Exchange.
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Additional Tools for Elite Stock Analysis
When running Elite Material's price analysis, check to measure Elite Material'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 Elite Material is operating at the current time. Most of Elite Material's value examination focuses on studying past and present price action to predict the probability of Elite Material's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elite Material's price. Additionally, you may evaluate how the addition of Elite Material to your portfolios can decrease your overall portfolio volatility.