Everspring Industry (Taiwan) Performance
| 2390 Stock | TWD 12.60 0.05 0.40% |
The firm shows a Beta (market volatility) of -0.16, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Everspring Industry are expected to decrease at a much lower rate. During the bear market, Everspring Industry is likely to outperform the market. At this point, Everspring Industry has a negative expected return of -0.0841%. Please make sure to confirm Everspring Industry's semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to decide if Everspring Industry performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Everspring Industry Co has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable basic indicators, Everspring Industry 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 | 397.5 M | |
| Total Cashflows From Investing Activities | 1.2 B |
Everspring |
Everspring Industry Relative Risk vs. Return Landscape
If you would invest 1,340 in Everspring Industry Co on September 3, 2024 and sell it today you would lose (80.00) from holding Everspring Industry Co or give up 5.97% of portfolio value over 90 days. Everspring Industry Co is generating negative expected returns and assumes 1.6628% volatility on return distribution over the 90 days horizon. Simply put, 14% of stocks are less volatile than Everspring, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Everspring Industry Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Everspring Industry's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Everspring Industry Co, and traders can use it to determine the average amount a Everspring Industry's 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 = -0.0505
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 2390 |
Estimated Market Risk
| 1.66 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Everspring Industry 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 Everspring Industry by adding Everspring Industry to a well-diversified portfolio.
Everspring Industry Fundamentals Growth
Everspring Stock prices reflect investors' perceptions of the future prospects and financial health of Everspring Industry, and Everspring Industry 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 Everspring Stock performance.
| Return On Equity | -0.21 | |||
| Return On Asset | -0.0136 | |||
| Profit Margin | (1.23) % | |||
| Operating Margin | (0.15) % | |||
| Current Valuation | 1.12 B | |||
| Shares Outstanding | 173.36 M | |||
| Price To Earning | 15.00 X | |||
| Price To Book | 0.85 X | |||
| Price To Sales | 4.10 X | |||
| Revenue | 591.47 M | |||
| EBITDA | 1.6 B | |||
| Cash And Equivalents | 1.81 B | |||
| Cash Per Share | 8.44 X | |||
| Total Debt | 28.97 M | |||
| Debt To Equity | 0.06 % | |||
| Book Value Per Share | 14.39 X | |||
| Cash Flow From Operations | (86.47 M) | |||
| Earnings Per Share | (0.06) X | |||
| Total Asset | 4.33 B | |||
| Retained Earnings | 129 M | |||
| Current Asset | 1.32 B | |||
| Current Liabilities | 550 M | |||
About Everspring Industry Performance
Evaluating Everspring Industry's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Everspring Industry 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 Everspring Industry 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.
Everspring Industry Co., Ltd. produces and sells burglar alarms, surveillance devices, home automation appliances, and security lightings worldwide. The company was founded in 1980 and is based in New Taipei City, Taiwan. EVERSPRING INDUSTRY operates under Security Protection Services classification in Taiwan and is traded on Taiwan Stock Exchange.Things to note about Everspring Industry performance evaluation
Checking the ongoing alerts about Everspring Industry for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Everspring Industry help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Everspring Industry generated a negative expected return over the last 90 days | |
| Everspring Industry Co has accumulated about 1.81 B in cash with (86.47 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.44. | |
| Roughly 33.0% of the company shares are owned by insiders or employees |
- Analyzing Everspring Industry's 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 Everspring Industry's stock is overvalued or undervalued compared to its peers.
- Examining Everspring Industry's 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 Everspring Industry's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Everspring Industry's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Everspring Industry's stock. These opinions can provide insight into Everspring Industry's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Everspring Stock Analysis
When running Everspring Industry's price analysis, check to measure Everspring Industry'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 Everspring Industry is operating at the current time. Most of Everspring Industry's value examination focuses on studying past and present price action to predict the probability of Everspring Industry's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Everspring Industry's price. Additionally, you may evaluate how the addition of Everspring Industry to your portfolios can decrease your overall portfolio volatility.