EMCORE Price on December 6, 2024
| EMKRDelisted Stock | USD 3.10 0.01 0.32% |
If you're considering investing in EMCORE Stock, it is important to understand the factors that can impact its price. As of today, the current price of EMCORE stands at 3.10, as last reported on the 19th of March, with the highest price reaching 3.11 and the lowest price hitting 3.09 during the day. Currently, EMCORE is not too volatile. EMCORE retains Efficiency (Sharpe Ratio) of 0.16, which denotes the company had a 0.16 % return per unit of risk over the last 3 months. We have found thirty technical indicators for EMCORE, which you can use to evaluate the volatility of the firm. Please confirm EMCORE's Coefficient Of Variation of 989.82, downside deviation of 0.9063, and Market Risk Adjusted Performance of 1.03 to check if the risk estimate we provide is consistent with the expected return of 0.0982%.
EMCORE Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
EMCORE |
Sharpe Ratio = 0.1581
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Estimated Market Risk
| 0.62 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average EMCORE is performing at about 12% of its full potential. 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 EMCORE by adding it to a well-diversified portfolio.
Related Headline
Navitas Semiconductor Headline on 6th of December 2024
Disposition of 80000 shares by Hendrix Richard J of Navitas ... by Hendrix Richard J
Filed transaction by Navitas Semiconductor Corp Director. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
EMCORE Valuation on December 6, 2024
It is possible to determine the worth of EMCORE on a given historical date. On December 6, 2024 EMCORE was worth 3.02 at the beginning of the trading date compared to the closed value of 2.99. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of EMCORE stock. Still, in general, we apply an absolute valuation method to find EMCORE's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of EMCORE where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against EMCORE's related companies.
| Open | High | Low | Close | Volume | |
| 2.99 | 3.01 | 2.97 | 2.98 | 174,832 | |
12/06/2024 | 3.02 | 3.02 | 2.98 | 2.99 | 116,634 |
| 3.01 | 3.03 | 2.98 | 2.99 | 188,050 |
| Backtest EMCORE | | | EMCORE History | | | EMCORE Valuation | Previous | Next |
EMCORE Trading Date Momentum on December 6, 2024
| On December 09 2024 EMCORE was traded for 2.99 at the closing time. The top price for the day was 3.03 and the lowest listed price was 2.98 . The trading volume for the day was 188.1 K. The trading history from December 9, 2024 did not affect price variability. The overall trading delta against the current closing price is 2.34% . |
EMCORE Fundamentals Correlations and Trends
By evaluating EMCORE's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among EMCORE's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. EMCORE financial account trend analysis is a perfect complement when working with valuation or volatility modules.About EMCORE Stock history
EMCORE investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for EMCORE is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in EMCORE will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing EMCORE stock prices may prove useful in developing a viable investing in EMCORE
EMCORE Corporation, together with its subsidiaries, provides advanced mixed-signal optics products in the United States, Canada, Asia, Europe, and internationally. EMCORE Corporation was founded in 1984 and is headquartered in Alhambra, California. Emcore Corp operates under Semiconductors classification in the United States and is traded on NASDAQ Exchange. It employs 365 people.
EMCORE Stock Technical Analysis
EMCORE technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, delisted stock market cycles, or different charting patterns.
Price Boundaries
EMCORE Period Price Range
Low | March 19, 2025
| High |
0.00 | 0.00 |
EMCORE cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
EMCORE March 19, 2025 Market Strength
Market strength indicators help investors to evaluate how EMCORE stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading EMCORE shares will generate the highest return on investment. By undertsting and applying EMCORE stock market strength indicators, traders can identify EMCORE entry and exit signals to maximize returns
EMCORE Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for EMCORE's price direction in advance. Along with the technical and fundamental analysis of EMCORE Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of EMCORE to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0865 | |||
| Jensen Alpha | 0.0682 | |||
| Total Risk Alpha | 0.137 | |||
| Sortino Ratio | 0.1693 | |||
| Treynor Ratio | 1.02 |
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| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Other Consideration for investing in EMCORE Stock
If you are still planning to invest in EMCORE check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the EMCORE's history and understand the potential risks before investing.
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