3 Reasons EME Should Be High on Your Watchlist
| EME Stock | USD 531.80 4.19 0.78% |
About 61% of EMCOR's investor base is looking to short. The current sentiment regarding investing in EMCOR Group stock implies that many traders are alarmed. The current market sentiment, together with EMCOR's historical and current headlines, can help investors time the market. In addition, many technical investors use EMCOR Group stock news signals to limit their universe of possible portfolio assets.
EMCOR |
EMCOR currently trades at 454.41 and has been a dream stock for shareholders. Its returned 424 percent since January 2020, blowing past the SP 500s 81.9 percent gain. The company has also beaten the index over the past six months as its stock price is up 22.5 percent thanks to its solid quarterly results.
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EMCOR Fundamental Analysis
We analyze EMCOR's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of EMCOR using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of EMCOR based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Probability Of Bankruptcy
Probability Of Bankruptcy Comparative Analysis
EMCOR is currently under evaluation in probability of bankruptcy category among its peers. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
EMCOR Group Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with EMCOR stock to make a market-neutral strategy. Peer analysis of EMCOR could also be used in its relative valuation, which is a method of valuing EMCOR by comparing valuation metrics with similar companies.
Peers
EMCOR Related Equities
| FIX | Comfort Systems | 3.98 | ||||
| MTZ | MasTec | 0.67 | ||||
| BLD | Topbuild Corp | 0.21 | ||||
| PWR | Quanta Services | 0.19 | ||||
| APG | Api Group | 0.21 | ||||
| DY | Dycom Industries | 0.30 | ||||
| GVA | Granite Construction | 0.77 | ||||
| PRIM | Primoris Services | 1.19 | ||||
| MTRX | Matrix Service | 1.44 | ||||
| MYRG | MYR | 1.60 | ||||
| ROAD | Construction Partners | 10.99 |
Complementary Tools for EMCOR Stock analysis
When running EMCOR's price analysis, check to measure EMCOR'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 EMCOR is operating at the current time. Most of EMCOR's value examination focuses on studying past and present price action to predict the probability of EMCOR's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EMCOR's price. Additionally, you may evaluate how the addition of EMCOR to your portfolios can decrease your overall portfolio volatility.
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Positions Ratings 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 | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation |