Ecarx Holdings Class Stock Market Value
| ECX Stock | 2.00 0.14 7.53% |
| Symbol | ECARX |
ECARX Holdings Class Price To Book Ratio
Is Automotive Parts & Equipment 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 ECARX Holdings. If investors know ECARX 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 ECARX Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.49) | Revenue Per Share 16.213 | Quarterly Revenue Growth 0.32 | Return On Assets (0.17) | Return On Equity (22.38) |
The market value of ECARX Holdings Class is measured differently than its book value, which is the value of ECARX that is recorded on the company's balance sheet. Investors also form their own opinion of ECARX Holdings' value that differs from its market value or its book value, called intrinsic value, which is ECARX Holdings' 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 ECARX Holdings' market value can be influenced by many factors that don't directly affect ECARX Holdings' 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 ECARX Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if ECARX Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ECARX Holdings' 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.
ECARX Holdings '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 ECARX Holdings' 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 ECARX Holdings.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in ECARX Holdings on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding ECARX Holdings Class or generate 0.0% return on investment in ECARX Holdings over 30 days. ECARX Holdings is related to or competes with Dorman Products, Monro Muffler, Standard, Stoneridge, Cooper Stnd, American Axle, and Lear. ECARX Holdings is entity of United States More
ECARX Holdings 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 ECARX Holdings' 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 ECARX Holdings Class upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.97 | |||
| Information Ratio | 0.0405 | |||
| Maximum Drawdown | 27.99 | |||
| Value At Risk | (6.98) | |||
| Potential Upside | 7.53 |
ECARX Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ECARX Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ECARX Holdings' standard deviation. In reality, there are many statistical measures that can use ECARX Holdings historical prices to predict the future ECARX Holdings' volatility.| Risk Adjusted Performance | 0.0624 | |||
| Jensen Alpha | 0.2031 | |||
| Total Risk Alpha | (0.45) | |||
| Sortino Ratio | 0.0371 | |||
| Treynor Ratio | 0.3659 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ECARX Holdings' 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.
ECARX Holdings Class Backtested Returns
ECARX Holdings appears to be unstable, given 3 months investment horizon. ECARX Holdings Class retains Efficiency (Sharpe Ratio) of 0.0963, which denotes the company had a 0.0963% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for ECARX Holdings, which you can use to evaluate the volatility of the entity. Please utilize ECARX Holdings' Market Risk Adjusted Performance of 0.3759, downside deviation of 4.97, and Coefficient Of Variation of 1413.23 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, ECARX Holdings holds a performance score of 7. The firm owns a Beta (Systematic Risk) of 0.85, which means possible diversification benefits within a given portfolio. ECARX Holdings returns are very sensitive to returns on the market. As the market goes up or down, ECARX Holdings is expected to follow. Please check ECARX Holdings' coefficient of variation, semi variance, price action indicator, as well as the relationship between the treynor ratio and daily balance of power , to make a quick decision on whether ECARX Holdings' current price history will revert.
Auto-correlation | -0.62 |
Very good reverse predictability
ECARX Holdings Class has very good reverse predictability. Overlapping area represents the amount of predictability between ECARX Holdings time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 ECARX Holdings Class price movement. The serial correlation of -0.62 indicates that roughly 62.0% of current ECARX Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.62 | |
| Spearman Rank Test | -0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
ECARX Holdings Class lagged returns against current returns
Autocorrelation, which is ECARX Holdings 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 ECARX Holdings' stock expected returns. We can calculate the autocorrelation of ECARX Holdings returns to help us make a trade decision. For example, suppose you find that ECARX Holdings 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 |
ECARX Holdings 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 ECARX Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ECARX Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ECARX Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
ECARX Holdings Lagged Returns
When evaluating ECARX Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ECARX Holdings stock have on its future price. ECARX Holdings 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, ECARX Holdings autocorrelation shows the relationship between ECARX Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in ECARX Holdings Class.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for ECARX Stock Analysis
When running ECARX Holdings' price analysis, check to measure ECARX Holdings' 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 ECARX Holdings is operating at the current time. Most of ECARX Holdings' value examination focuses on studying past and present price action to predict the probability of ECARX Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ECARX Holdings' price. Additionally, you may evaluate how the addition of ECARX Holdings to your portfolios can decrease your overall portfolio volatility.