ECOVE Environment (Taiwan) Today

6803 Stock  TWD 307.50  1.00  0.32%   

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ECOVE Environment is selling for under 307.50 as of the 28th of March 2024; that is -0.32 percent decrease since the beginning of the trading day. The stock's lowest day price was 307.0. ECOVE Environment has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for ECOVE Environment Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 7th of June 2022 and ending today, the 28th of March 2024. Click here to learn more.
ECOVE Environment Corp. provides resources management services to public and private entities in China, Southeast Asia, India, and the United States of America. ECOVE Environment Corporation is a subsidiary of CTCI Corporation. ECOVE ENVIRONMENT operates under Waste Management classification in Taiwan and is traded on Taiwan OTC Exchange. The company has 69.88 M outstanding shares. More on ECOVE Environment Corp

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ECOVE 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. ECOVE Environment's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding ECOVE Environment or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Chairman of the BoardJunhua Lin
Thematic IdeaIron (View all Themes)
Business ConcentrationIron, Waste Management, Industrials (View all Sectors)
ECOVE Environment Corp (6803) is traded on Taiwan OTC Exchange in Taiwan and employs 1,016 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 18.48 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate ECOVE Environment's market, we take the total number of its shares issued and multiply it by ECOVE Environment'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. ECOVE Environment Corp operates under Industrials sector and is part of Waste Management industry. The entity has 69.88 M outstanding shares. ECOVE Environment Corp has accumulated about 2.43 B in cash with 2.01 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 36.11.
Check ECOVE Environment Probability Of Bankruptcy
Ownership Allocation
ECOVE Environment holds a total of 69.88 Million outstanding shares. ECOVE Environment Corp retains considerable 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 entity is less than the current market value, you may not be able to make money on it.
Check ECOVE Ownership Details

ECOVE Stock Price Odds Analysis

Depending on a normal probability distribution, the odds of ECOVE Environment jumping above the current price in 90 days from now is about 22.25%. The ECOVE Environment Corp probability density function shows the probability of ECOVE Environment stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon ECOVE Environment Corp has a beta of -0.043. This suggests as returns on benchmark increase, returns on holding ECOVE Environment are expected to decrease at a much lower rate. During the bear market, however, ECOVE Environment Corp is likely to outperform the market. Additionally, eCOVE Environment Corp has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 307.5HorizonTargetOdds Above 307.5
77.32%90 days
 307.50 
22.25%
Based on a normal probability distribution, the odds of ECOVE Environment to move above the current price in 90 days from now is about 22.25 (This ECOVE Environment Corp probability density function shows the probability of ECOVE Stock to fall within a particular range of prices over 90 days) .

ECOVE Environment Corp Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. ECOVE Environment market risk premium is the additional return an investor will receive from holding ECOVE Environment 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 ECOVE Environment. 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 ECOVE Environment's alpha and beta are two of the key measurements used to evaluate ECOVE Environment's performance over the market, the standard measures of volatility play an important role as well.

ECOVE Stock Against Markets

Picking the right benchmark for ECOVE Environment 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 ECOVE Environment 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 ECOVE Environment is critical whether you are bullish or bearish towards ECOVE Environment Corp at a given time. Please also check how ECOVE Environment's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in ECOVE Environment 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.

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ECOVE Environment Corporate Directors

ECOVE Environment corporate directors refer to members of an ECOVE Environment board of directors. The board of directors generally takes responsibility for the ECOVE Environment'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 ECOVE Environment's board members must vote for the resolution. The ECOVE Environment board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Xianbi QiuIndependent DirectorProfile
Guansheng WangDirectorProfile
SheanBii ChiuIndependent DirectorProfile
M WangDirectorProfile

How to buy ECOVE Stock?

Before investing in ECOVE Environment, 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 ECOVE Environment. To buy ECOVE Environment stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of ECOVE Environment. 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 ECOVE Environment stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located ECOVE Environment 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 ECOVE Environment 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 ECOVE Environment 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 ECOVE Environment Corp?

The danger of trading ECOVE Environment 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 ECOVE Environment 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 ECOVE Environment. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile ECOVE Environment 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 ECOVE Environment 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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

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When running ECOVE Environment's price analysis, check to measure ECOVE Environment'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 ECOVE Environment is operating at the current time. Most of ECOVE Environment's value examination focuses on studying past and present price action to predict the probability of ECOVE Environment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ECOVE Environment's price. Additionally, you may evaluate how the addition of ECOVE Environment to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between ECOVE Environment's value and its price as these two are different measures arrived at by different means. Investors typically determine if ECOVE Environment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ECOVE Environment's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.