Emerge Commerce Stock Market Value
| ECOM Stock | CAD 0.04 0.01 10.00% |
| Symbol | Emerge |
Emerge Commerce '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 Emerge Commerce'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 Emerge Commerce.
| 02/02/2025 |
| 03/04/2025 |
If you would invest 0.00 in Emerge Commerce on February 2, 2025 and sell it all today you would earn a total of 0.00 from holding Emerge Commerce or generate 0.0% return on investment in Emerge Commerce over 30 days. Emerge Commerce Ltd. owns and operates online e-commerce marketplaces in Canada and the United States More
Emerge Commerce 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 Emerge Commerce'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 Emerge Commerce upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 11.84 | |||
| Information Ratio | 0.0724 | |||
| Maximum Drawdown | 43.18 | |||
| Value At Risk | (10.00) | |||
| Potential Upside | 11.11 |
Emerge Commerce Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Emerge Commerce's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Emerge Commerce's standard deviation. In reality, there are many statistical measures that can use Emerge Commerce historical prices to predict the future Emerge Commerce's volatility.| Risk Adjusted Performance | 0.0568 | |||
| Jensen Alpha | 0.6588 | |||
| Total Risk Alpha | 1.35 | |||
| Sortino Ratio | 0.0469 | |||
| Treynor Ratio | 0.2155 |
Emerge Commerce Backtested Returns
Emerge Commerce appears to be out of control, given 3 months investment horizon. Emerge Commerce secures Sharpe Ratio (or Efficiency) of 0.0622, which denotes the company had a 0.0622 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Emerge Commerce, which you can use to evaluate the volatility of the firm. Please utilize Emerge Commerce's Downside Deviation of 11.84, coefficient of variation of 1607.74, and Mean Deviation of 4.67 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Emerge Commerce holds a performance score of 4. The firm shows a Beta (market volatility) of 2.17, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Emerge Commerce will likely underperform. Please check Emerge Commerce's coefficient of variation, jensen alpha, and the relationship between the downside deviation and information ratio , to make a quick decision on whether Emerge Commerce's price patterns will revert.
Auto-correlation | 0.45 |
Average predictability
Emerge Commerce has average predictability. Overlapping area represents the amount of predictability between Emerge Commerce time series from 2nd of February 2025 to 17th of February 2025 and 17th of February 2025 to 4th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Emerge Commerce price movement. The serial correlation of 0.45 indicates that just about 45.0% of current Emerge Commerce price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.45 | |
| Spearman Rank Test | -0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Emerge Commerce lagged returns against current returns
Autocorrelation, which is Emerge Commerce 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 Emerge Commerce's stock expected returns. We can calculate the autocorrelation of Emerge Commerce returns to help us make a trade decision. For example, suppose you find that Emerge Commerce 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 |
Emerge Commerce 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 Emerge Commerce stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Emerge Commerce stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Emerge Commerce stock over time.
Current vs Lagged Prices |
| Timeline |
Emerge Commerce Lagged Returns
When evaluating Emerge Commerce's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Emerge Commerce stock have on its future price. Emerge Commerce 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, Emerge Commerce autocorrelation shows the relationship between Emerge Commerce stock current value and its past values and can show if there is a momentum factor associated with investing in Emerge Commerce.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Emerge Stock Analysis
When running Emerge Commerce's price analysis, check to measure Emerge Commerce'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 Emerge Commerce is operating at the current time. Most of Emerge Commerce's value examination focuses on studying past and present price action to predict the probability of Emerge Commerce's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Emerge Commerce's price. Additionally, you may evaluate how the addition of Emerge Commerce to your portfolios can decrease your overall portfolio volatility.