Emeco Holdings (Australia) Market Value
| EHL Stock | 0.92 0.01 1.10% |
| Symbol | Emeco |
Emeco 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 Emeco 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 Emeco Holdings.
| 02/14/2023 |
| 01/04/2025 |
If you would invest 0.00 in Emeco Holdings on February 14, 2023 and sell it all today you would earn a total of 0.00 from holding Emeco Holdings or generate 0.0% return on investment in Emeco Holdings over 690 days. Emeco Holdings is related to or competes with IShares Global, Adriatic Metals, Australian Agricultural, and VanEck FTSE. Emeco Holdings is entity of Australia. It is traded as Stock on AU exchange. More
Emeco 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 Emeco 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 Emeco Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.92 | |||
| Information Ratio | 0.1411 | |||
| Maximum Drawdown | 8.42 | |||
| Value At Risk | (2.53) | |||
| Potential Upside | 3.95 |
Emeco Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Emeco Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Emeco Holdings' standard deviation. In reality, there are many statistical measures that can use Emeco Holdings historical prices to predict the future Emeco Holdings' volatility.| Risk Adjusted Performance | 0.1298 | |||
| Jensen Alpha | 0.2749 | |||
| Total Risk Alpha | 0.2487 | |||
| Sortino Ratio | 0.1379 | |||
| Treynor Ratio | 1.41 |
Emeco Holdings Backtested Returns
Emeco Holdings appears to be very risky, given 3 months investment horizon. Emeco Holdings secures Sharpe Ratio (or Efficiency) of 0.14, which denotes the company had a 0.14% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Emeco Holdings, which you can use to evaluate the volatility of the firm. Please utilize Emeco Holdings' Coefficient Of Variation of 653.76, mean deviation of 1.47, and Downside Deviation of 1.92 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Emeco Holdings holds a performance score of 10. The firm shows a Beta (market volatility) of 0.2, which means not very significant fluctuations relative to the market. As returns on the market increase, Emeco Holdings' returns are expected to increase less than the market. However, during the bear market, the loss of holding Emeco Holdings is expected to be smaller as well. Please check Emeco Holdings' coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to make a quick decision on whether Emeco Holdings' price patterns will revert.
Auto-correlation | -0.43 |
Modest reverse predictability
Emeco Holdings has modest reverse predictability. Overlapping area represents the amount of predictability between Emeco Holdings time series from 14th of February 2023 to 25th of January 2024 and 25th of January 2024 to 4th of January 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 Emeco Holdings price movement. The serial correlation of -0.43 indicates that just about 43.0% of current Emeco Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.43 | |
| Spearman Rank Test | -0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Emeco Holdings lagged returns against current returns
Autocorrelation, which is Emeco 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 Emeco Holdings' stock expected returns. We can calculate the autocorrelation of Emeco Holdings returns to help us make a trade decision. For example, suppose you find that Emeco 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 |
Emeco 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 Emeco Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Emeco Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Emeco Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
Emeco Holdings Lagged Returns
When evaluating Emeco Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Emeco Holdings stock have on its future price. Emeco 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, Emeco Holdings autocorrelation shows the relationship between Emeco Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Emeco Holdings.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Emeco Stock Analysis
When running Emeco Holdings' price analysis, check to measure Emeco 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 Emeco Holdings is operating at the current time. Most of Emeco Holdings' value examination focuses on studying past and present price action to predict the probability of Emeco Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Emeco Holdings' price. Additionally, you may evaluate how the addition of Emeco Holdings to your portfolios can decrease your overall portfolio volatility.