Ever Clear Environmental Eng Stock Annual Yield
| 6624 Stock | TWD 37.10 0.25 0.67% |
Ever Clear Environmental Eng fundamentals help investors to digest information that contributes to Ever Clear's financial success or failures. It also enables traders to predict the movement of Ever Stock. The fundamental analysis module provides a way to measure Ever Clear'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 Ever Clear stock.
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Ever Clear Environmental Eng Company Annual Yield Analysis
Ever Clear's Yield generally refers to the amount of cash that is paid back to the owner of a security over a specific time (usually one year). It is expressed as a percentage of current market price, and usually amounts to all the interests and/or dividends paid over a given period. A higher yield allows the shareholders to generate returns on their investments sooner. However, investors should also be aware that a high yield may be a result of market turmoil or increased price volatility.
Small firms, start-ups, or companies with high growth potential typically do not pay out dividends or distribute a lot of their profits. These companies will have small yield. Alternatively, more established companies, ETFs, and funds that invest in bonds will have higher yields.
| Competition |
In accordance with the recently published financial statements, Ever Clear Environmental Eng has an Annual Yield of 0.0%. This indicator is about the same for the Industrials average (which is currently at 0.0) sector and about the same as Waste Management (which currently averages 0.0) industry. This indicator is about the same for all Taiwan stocks average (which is currently at 0.0).
Ever Annual Yield Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ever Clear's direct or indirect competition against its Annual Yield to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Ever Clear could also be used in its relative valuation, which is a method of valuing Ever Clear by comparing valuation metrics of similar companies.Ever Clear is currently under evaluation in annual yield category among its peers.
Ever Fundamentals
| Price To Earning | 69.35 X | |||
| EBITDA | (4.88 M) | |||
| Net Income | (18.73 M) | |||
| Cash And Equivalents | 41.1 M | |||
| Cash Per Share | 2.28 X | |||
| Total Debt | 321.89 M | |||
| Debt To Equity | 1.08 % | |||
| Current Ratio | 2.53 X | |||
| Book Value Per Share | 16.69 X | |||
| Cash Flow From Operations | 26.67 M | |||
| Earnings Per Share | (0.86) X | |||
| Number Of Employees | 61 | |||
| Beta | 0.52 | |||
| Market Capitalization | 514.8 M | |||
| Z Score | 0.6 | |||
| Last Dividend Paid | 2.0 |
About Ever Clear Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ever Clear Environmental Eng's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ever Clear using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ever Clear Environmental Eng 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 Ever Clear
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 Ever Clear 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 Ever Clear will appreciate offsetting losses from the drop in the long position's value.Moving together with Ever Stock
| 0.67 | 8422 | Cleanaway | PairCorr |
| 0.81 | 6803 | ECOVE Environment Corp | PairCorr |
| 0.74 | 8473 | Forest Water Environ Split | PairCorr |
Moving against Ever Stock
| 0.79 | 2881A | Fubon Financial Holding | PairCorr |
| 0.78 | 2603 | Evergreen Marine Corp | PairCorr |
| 0.72 | 2609 | Yang Ming Marine | PairCorr |
| 0.61 | 2882B | Cathay Financial Holding | PairCorr |
| 0.58 | 2881B | Fubon Financial Holding | PairCorr |
The ability to find closely correlated positions to Ever Clear could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ever Clear 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 Ever Clear - 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 Ever Clear Environmental Eng to buy it.
The correlation of Ever Clear 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 Ever Clear moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ever Clear Environme 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 Ever Clear 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 Ever Stock Analysis
When running Ever Clear's price analysis, check to measure Ever Clear'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 Ever Clear is operating at the current time. Most of Ever Clear's value examination focuses on studying past and present price action to predict the probability of Ever Clear's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ever Clear's price. Additionally, you may evaluate how the addition of Ever Clear to your portfolios can decrease your overall portfolio volatility.