Evergreen Marine (Taiwan) Price on February 29, 2024
| 2603 Stock | TWD 217.00 3.00 1.40% |
If you're considering investing in Evergreen Stock, it is important to understand the factors that can impact its price. As of today, the current price of Evergreen Marine stands at 217.00, as last reported on the 29th of November, with the highest price reaching 222.00 and the lowest price hitting 216.00 during the day. Evergreen Marine appears to be very steady, given 3 months investment horizon. Evergreen Marine Corp secures Sharpe Ratio (or Efficiency) of 0.13, which denotes the company had a 0.13% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Evergreen Marine Corp, which you can use to evaluate the volatility of the firm. Please utilize Evergreen Marine's Mean Deviation of 1.69, downside deviation of 2.9, and Coefficient Of Variation of 850.73 to check if our risk estimates are consistent with your expectations.
Evergreen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Evergreen |
Sharpe Ratio = 0.1287
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
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| Small Returns | 2603 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.44 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.31 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Evergreen Marine is performing at about 10% 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 Evergreen Marine by adding it to a well-diversified portfolio.
Evergreen Marine Valuation on February 29, 2024
It is possible to determine the worth of Evergreen Marine on a given historical date. On February 29, 2024 Evergreen was worth 162.0 at the beginning of the trading date compared to the closed value of 165.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Evergreen Marine stock. Still, in general, we apply an absolute valuation method to find Evergreen Marine's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Evergreen Marine where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Evergreen Marine's related companies.
| Open | High | Low | Close | Volume | |
| 160.00 | 162.50 | 159.00 | 159.50 | 14,880,458 | |
02/29/2024 | 162.00 | 166.50 | 161.50 | 165.50 | 35,950,540 |
| 165.50 | 168.50 | 162.50 | 165.00 | 25,583,198 |
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Evergreen Marine Trading Date Momentum on February 29, 2024
| On March 01 2024 Evergreen Marine Corp was traded for 165.00 at the closing time. The highest price during the trading period was 168.50 and the lowest recorded bid was listed for 162.50 . The volume for the day was 25.6 M. This history from March 1, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.30% . The overall trading delta to the current price is 9.97% . |
Evergreen Marine Corp Fundamentals Correlations and Trends
By evaluating Evergreen Marine's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Evergreen Marine's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Evergreen financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Evergreen Marine Stock history
Evergreen Marine investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Evergreen is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Evergreen Marine Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Evergreen Marine stock prices may prove useful in developing a viable investing in Evergreen Marine
Evergreen Marine Corporation Ltd., together with its subsidiaries, engages in marine transportation, shipping agency, and container terminal businesses in Taiwan, the United States, Europe, Asia, and internationally. The company was founded in 1968 and is based in Taipei, Taiwan. EVERGREEN MARINE operates under Shipping classification in Taiwan and is traded on Taiwan Stock Exchange.
Evergreen Marine Stock Technical Analysis
Evergreen Marine technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Evergreen Marine Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
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Evergreen Marine November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Evergreen Marine stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Evergreen Marine shares will generate the highest return on investment. By undertsting and applying Evergreen Marine stock market strength indicators, traders can identify Evergreen Marine Corp entry and exit signals to maximize returns
Evergreen Marine Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Evergreen Marine's price direction in advance. Along with the technical and fundamental analysis of Evergreen Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Evergreen to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0969 | |||
| Jensen Alpha | 0.3318 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.0545 | |||
| Treynor Ratio | (0.54) |
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Additional Tools for Evergreen Stock Analysis
When running Evergreen Marine's price analysis, check to measure Evergreen Marine'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 Marine is operating at the current time. Most of Evergreen Marine's value examination focuses on studying past and present price action to predict the probability of Evergreen Marine'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 Marine's price. Additionally, you may evaluate how the addition of Evergreen Marine to your portfolios can decrease your overall portfolio volatility.