Electro Sensors Stock Market Value
| ELSE Stock | USD 4.24 0.10 2.30% |
| Symbol | Electro |
Electro Sensors Price To Book Ratio
Is Electronic Equipment, Instruments & Components 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 Electro Sensors. If investors know Electro 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 Electro Sensors listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.26) | Earnings Share 0.13 | Revenue Per Share 2.577 | Quarterly Revenue Growth 0.037 | Return On Assets (0) |
The market value of Electro Sensors is measured differently than its book value, which is the value of Electro that is recorded on the company's balance sheet. Investors also form their own opinion of Electro Sensors' value that differs from its market value or its book value, called intrinsic value, which is Electro Sensors' 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 Electro Sensors' market value can be influenced by many factors that don't directly affect Electro Sensors' 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 Electro Sensors' value and its price as these two are different measures arrived at by different means. Investors typically determine if Electro Sensors is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Electro Sensors' 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.
Electro Sensors '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 Electro Sensors' 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 Electro Sensors.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Electro Sensors on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Electro Sensors or generate 0.0% return on investment in Electro Sensors over 30 days. Electro Sensors is related to or competes with Sono Tek, Vishay Precision, Keyence, Luna Innovations, Trimble, Nanalysis Scientific, and Genasys. Electro-Sensors, Inc. engages in the manufacture and sale of industrial production monitoring and process control system... More
Electro Sensors 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 Electro Sensors' 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 Electro Sensors upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.45 | |||
| Information Ratio | 0.0294 | |||
| Maximum Drawdown | 12.02 | |||
| Value At Risk | (2.99) | |||
| Potential Upside | 3.66 |
Electro Sensors Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Electro Sensors' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Electro Sensors' standard deviation. In reality, there are many statistical measures that can use Electro Sensors historical prices to predict the future Electro Sensors' volatility.| Risk Adjusted Performance | 0.0734 | |||
| Jensen Alpha | 0.2077 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | 0.026 | |||
| Treynor Ratio | (0.72) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Electro Sensors' 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.
Electro Sensors Backtested Returns
At this point, Electro Sensors is slightly risky. Electro Sensors secures Sharpe Ratio (or Efficiency) of 0.0769, which denotes the company had a 0.0769% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Electro Sensors, which you can use to evaluate the volatility of the firm. Please confirm Electro Sensors' Mean Deviation of 1.53, coefficient of variation of 1145.02, and Downside Deviation of 2.45 to check if the risk estimate we provide is consistent with the expected return of 0.17%. Electro Sensors has a performance score of 6 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.25, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Electro Sensors are expected to decrease at a much lower rate. During the bear market, Electro Sensors is likely to outperform the market. Electro Sensors right now shows a risk of 2.25%. Please confirm Electro Sensors downside variance, day median price, and the relationship between the treynor ratio and kurtosis , to decide if Electro Sensors will be following its price patterns.
Auto-correlation | 0.33 |
Below average predictability
Electro Sensors has below average predictability. Overlapping area represents the amount of predictability between Electro Sensors time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th of November 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 Electro Sensors price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current Electro Sensors price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.33 | |
| Spearman Rank Test | 0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Electro Sensors lagged returns against current returns
Autocorrelation, which is Electro Sensors 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 Electro Sensors' stock expected returns. We can calculate the autocorrelation of Electro Sensors returns to help us make a trade decision. For example, suppose you find that Electro Sensors 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 |
Electro Sensors 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 Electro Sensors stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Electro Sensors stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Electro Sensors stock over time.
Current vs Lagged Prices |
| Timeline |
Electro Sensors Lagged Returns
When evaluating Electro Sensors' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Electro Sensors stock have on its future price. Electro Sensors 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, Electro Sensors autocorrelation shows the relationship between Electro Sensors stock current value and its past values and can show if there is a momentum factor associated with investing in Electro Sensors.
Regressed Prices |
| Timeline |
Also Currently Popular
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.When determining whether Electro Sensors is a strong investment it is important to analyze Electro Sensors' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Electro Sensors' future performance. For an informed investment choice regarding Electro Stock, refer to the following important reports:Check out Electro Sensors Correlation, Electro Sensors Volatility and Electro Sensors Alpha and Beta module to complement your research on Electro Sensors. For information on how to trade Electro Stock refer to our How to Trade Electro Stock guide.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Electro Sensors 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.