Alset Ehome International Stock Market Value
| AEI Stock | USD 1.13 0.01 0.89% |
| Symbol | Alset |
Alset Ehome International Price To Book Ratio
Is Real Estate Management & Development space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alset Ehome. If investors know Alset will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alset Ehome listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (4.34) | Revenue Per Share 0.998 | Quarterly Revenue Growth (0.94) | Return On Assets (0.04) | Return On Equity (0.52) |
The market value of Alset Ehome International is measured differently than its book value, which is the value of Alset that is recorded on the company's balance sheet. Investors also form their own opinion of Alset Ehome's value that differs from its market value or its book value, called intrinsic value, which is Alset Ehome's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alset Ehome's market value can be influenced by many factors that don't directly affect Alset Ehome's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alset Ehome's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alset Ehome is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alset Ehome'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.
Alset Ehome 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Alset Ehome's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Alset Ehome.
| 01/21/2023 |
| 12/11/2024 |
If you would invest 0.00 in Alset Ehome on January 21, 2023 and sell it all today you would earn a total of 0.00 from holding Alset Ehome International or generate 0.0% return on investment in Alset Ehome over 690 days. Alset Ehome is related to or competes with Xinyuan Real, AMREP, Landsea Homes, Sino Land, Sun Hung, Country Garden, and Forestar. Alset Inc., through its subsidiaries, engages in the real estate development, financial services, digital transformation... More
Alset Ehome Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Alset Ehome's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Alset Ehome International upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.52 | |||
| Information Ratio | 0.0638 | |||
| Maximum Drawdown | 52.54 | |||
| Value At Risk | (12.14) | |||
| Potential Upside | 15.5 |
Alset Ehome Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alset Ehome's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Alset Ehome's standard deviation. In reality, there are many statistical measures that can use Alset Ehome historical prices to predict the future Alset Ehome's volatility.| Risk Adjusted Performance | 0.0657 | |||
| Jensen Alpha | 0.5431 | |||
| Total Risk Alpha | (0.69) | |||
| Sortino Ratio | 0.0724 | |||
| Treynor Ratio | 0.651 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Alset Ehome's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Alset Ehome International Backtested Returns
Alset Ehome appears to be abnormally volatile, given 3 months investment horizon. Alset Ehome International secures Sharpe Ratio (or Efficiency) of 0.0736, which signifies that the company had a 0.0736% return per unit of risk over the last 3 months. By analyzing Alset Ehome's technical indicators, you can evaluate if the expected return of 0.64% is justified by implied risk. Please makes use of Alset Ehome's Downside Deviation of 7.52, mean deviation of 5.99, and Risk Adjusted Performance of 0.0657 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Alset Ehome holds a performance score of 5. The firm shows a Beta (market volatility) of 1.01, which signifies a somewhat significant risk relative to the market. Alset Ehome returns are very sensitive to returns on the market. As the market goes up or down, Alset Ehome is expected to follow. Please check Alset Ehome's semi variance, rate of daily change, and the relationship between the value at risk and kurtosis , to make a quick decision on whether Alset Ehome's price patterns will revert.
Auto-correlation | -0.02 |
Very weak reverse predictability
Alset Ehome International has very weak reverse predictability. Overlapping area represents the amount of predictability between Alset Ehome time series from 21st of January 2023 to 1st of January 2024 and 1st of January 2024 to 11th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Alset Ehome International price movement. The serial correlation of -0.02 indicates that only 2.0% of current Alset Ehome price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.02 | |
| Spearman Rank Test | -0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
Alset Ehome International lagged returns against current returns
Autocorrelation, which is Alset Ehome stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Alset Ehome's stock expected returns. We can calculate the autocorrelation of Alset Ehome returns to help us make a trade decision. For example, suppose you find that Alset Ehome has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Alset Ehome regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Alset Ehome stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Alset Ehome stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Alset Ehome stock over time.
Current vs Lagged Prices |
| Timeline |
Alset Ehome Lagged Returns
When evaluating Alset Ehome's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Alset Ehome stock have on its future price. Alset Ehome autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Alset Ehome autocorrelation shows the relationship between Alset Ehome stock current value and its past values and can show if there is a momentum factor associated with investing in Alset Ehome International.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Alset Ehome International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Alset Ehome's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Alset Ehome International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Alset Ehome International Stock:Check out Alset Ehome Correlation, Alset Ehome Volatility and Alset Ehome Alpha and Beta module to complement your research on Alset Ehome. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Alset Ehome 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, stock market cycles, or different charting patterns.