Evergreen Marine (Taiwan) Today
| 2603 Stock | TWD 173.50 0.50 0.29% |
Performance7 of 100
| Odds Of DistressLess than 9
|
Evergreen Marine is selling for under 173.50 as of the 24th of April 2024; that is -0.29 percent decrease since the beginning of the trading day. The stock's lowest day price was 172.0. Evergreen Marine has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Evergreen Marine Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of May 2022 and ending today, the 24th of April 2024. Click here to learn more.
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. The company has 2.12 B outstanding shares. More on Evergreen Marine Corp
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Follow Valuation Odds of Bankruptcy
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Evergreen Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Evergreen Marine's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Evergreen Marine or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO-Finance, Head of Finance | Guanghui Wu |
| Business Concentration | Industrials, Marine, Marine Shipping, Industrials (View all Sectors) |
Evergreen Marine Corp (2603) is traded on Taiwan Stock Exchange in Taiwan and employs 51 people. The company currently falls under 'Mega-Cap' category with a current market capitalization of 312.17 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Evergreen Marine's market, we take the total number of its shares issued and multiply it by Evergreen Marine'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. Evergreen Marine Corp operates under Marine sector and is part of Industrials industry. The entity has 2.12 B outstanding shares.
Evergreen Marine Corp has accumulated about 407.76 B in cash with 301.06 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 192.67.
Check Evergreen Marine Probability Of Bankruptcy
Ownership AllocationEvergreen Marine holds a total of 2.12 Billion outstanding shares. Evergreen Marine Corp retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Evergreen Ownership Details
Evergreen Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of Evergreen Marine jumping above the current price in 90 days from now is about 21.28%. The Evergreen Marine Corp probability density function shows the probability of Evergreen Marine stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon the stock has a beta coefficient of 1.1446. This suggests Evergreen Marine Corp market returns are correlated to returns on the market. As the market goes up or down, Evergreen Marine is expected to follow. Additionally, evergreen Marine Corp has an alpha of 0.1401, implying that it can generate a 0.14 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Evergreen Marine to move above the current price in 90 days from now is about 21.28 (This Evergreen Marine Corp probability density function shows the probability of Evergreen Stock to fall within a particular range of prices over 90 days) .
Evergreen Marine Corp Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Evergreen Marine market risk premium is the additional return an investor will receive from holding Evergreen Marine long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Evergreen Marine. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Evergreen Marine's alpha and beta are two of the key measurements used to evaluate Evergreen Marine's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.93 | |||
| Semi Deviation | 2.46 | |||
| Standard Deviation | 2.67 | |||
| Variance | 7.12 |
Evergreen Stock Against Markets
Picking the right benchmark for Evergreen Marine stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Evergreen Marine stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Evergreen Marine is critical whether you are bullish or bearish towards Evergreen Marine Corp at a given time. Please also check how Evergreen Marine's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Evergreen Marine without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Evergreen Marine Corporate Directors
Evergreen Marine corporate directors refer to members of an Evergreen Marine board of directors. The board of directors generally takes responsibility for the Evergreen Marine's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Evergreen Marine's board members must vote for the resolution. The Evergreen Marine board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Ronghua Lin | Director | Profile | |
| LeeChing Ko | Director | Profile | |
| MongJye Lee | General Manager, Director | Profile | |
| ChihChien Hsieh | Director | Profile |
How to buy Evergreen Stock?
Before investing in Evergreen Marine, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Evergreen Marine. To buy Evergreen Marine stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Evergreen Marine. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Evergreen Marine stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Evergreen Marine Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Evergreen Marine Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Evergreen Marine Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Evergreen Marine Corp?
The danger of trading Evergreen Marine Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Evergreen Marine is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Evergreen Marine. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Evergreen Marine Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Evergreen Marine Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Complementary 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.
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