Eclat Textile (Taiwan) Today
| 1476 Stock | TWD 498.00 11.00 2.26% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Eclat Textile is selling for under 498.00 as of the 23rd of April 2024; that is 2.26 percent increase since the beginning of the trading day. The stock's lowest day price was 487.5. Eclat Textile 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 Eclat Textile Co are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of January 2024 and ending today, the 23rd of April 2024. Click here to learn more.
Eclat Textile Co., Ltd. manufactures and sells knitted fabrics and garments in the Americas, Asia, Europe, the Middle East, Africa, and internationally. The company was founded in 1977 and is headquartered in New Taipei City, Taiwan. ECLAT TEXTILE operates under Textile Manufacturing classification in Taiwan and is traded on Taiwan Stock Exchange.. The company has 274.37 M outstanding shares. More on Eclat Textile Co
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Eclat 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. Eclat Textile's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Eclat Textile or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman of the Board | Zhenhai Hong |
| Business Concentration | Consumer Discretionary, Textiles, Apparel & Luxury Goods, Textile Manufacturing, Consumer Cyclical (View all Sectors) |
Eclat Textile Co (1476) is traded on Taiwan Stock Exchange in Taiwan and employs 24 people. The company currently falls under 'Mega-Cap' category with a current market capitalization of 137.46 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Eclat Textile's market, we take the total number of its shares issued and multiply it by Eclat Textile'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. Eclat Textile operates under Textiles, Apparel & Luxury Goods sector and is part of Consumer Discretionary industry. The entity has 274.37 M outstanding shares.
Eclat Textile Co has accumulated about 4.48 B in cash with 2.78 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 16.32.
Check Eclat Textile Probability Of Bankruptcy
Ownership AllocationEclat Textile retains a total of 274.37 Million outstanding shares. Eclat Textile Co 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. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Eclat Ownership Details
Eclat Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of Eclat Textile jumping above the current price in 90 days from now is close to 99%. The Eclat Textile Co probability density function shows the probability of Eclat Textile stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Eclat Textile has a beta of 0.1858. This suggests as returns on the market go up, Eclat Textile average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Eclat Textile Co will be expected to be much smaller as well. Additionally, eclat Textile Co has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Eclat Textile to move above the current price in 90 days from now is close to 99 (This Eclat Textile Co probability density function shows the probability of Eclat Stock to fall within a particular range of prices over 90 days) .
Eclat Textile Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Eclat Textile market risk premium is the additional return an investor will receive from holding Eclat Textile 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 Eclat Textile. 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 Eclat Textile's alpha and beta are two of the key measurements used to evaluate Eclat Textile's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.31 | |||
| Standard Deviation | 1.76 | |||
| Variance | 3.08 | |||
| Risk Adjusted Performance | (0.04) |
Eclat Stock Against Markets
Picking the right benchmark for Eclat Textile 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 Eclat Textile 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 Eclat Textile is critical whether you are bullish or bearish towards Eclat Textile Co at a given time. Please also check how Eclat Textile'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 Eclat Textile 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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Performance AnalysisCheck effects of mean-variance optimization against your current asset allocation |
| All Next | Launch Module |
Eclat Textile Corporate Directors
Eclat Textile corporate directors refer to members of an Eclat Textile board of directors. The board of directors generally takes responsibility for the Eclat Textile'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 Eclat Textile's board members must vote for the resolution. The Eclat Textile board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Kuntang Chen | Deputy General Manager-Garment Business, Director | Profile | |
| Zhaolong Zhong | Director | Profile | |
| Shouchun Ye | Director | Profile | |
| Zhengping You | Independent Director | Profile |
How to buy Eclat Stock?
Before investing in Eclat Textile, 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 Eclat Textile. To buy Eclat Textile stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Eclat Textile. 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 Eclat Textile stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Eclat Textile Co 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 Eclat Textile Co 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 Eclat Textile Co, 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 Eclat Textile Co?
The danger of trading Eclat Textile Co 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 Eclat Textile 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 Eclat Textile. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Eclat Textile 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 Eclat Textile Co. 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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Eclat Stock analysis
When running Eclat Textile's price analysis, check to measure Eclat Textile'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 Eclat Textile is operating at the current time. Most of Eclat Textile's value examination focuses on studying past and present price action to predict the probability of Eclat Textile's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eclat Textile's price. Additionally, you may evaluate how the addition of Eclat Textile to your portfolios can decrease your overall portfolio volatility.
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