Energy Recovery Stock Market Value
| ERII Stock | USD 16.53 0.84 4.84% |
| Symbol | Energy |
Energy Recovery Price To Book Ratio
Is Industrial Machinery & Supplies & 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 Energy Recovery. If investors know Energy 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 Energy Recovery 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 (0.14) | Earnings Share 0.33 | Revenue Per Share 2.36 | Quarterly Revenue Growth 0.042 | Return On Assets 0.0379 |
The market value of Energy Recovery is measured differently than its book value, which is the value of Energy that is recorded on the company's balance sheet. Investors also form their own opinion of Energy Recovery's value that differs from its market value or its book value, called intrinsic value, which is Energy Recovery'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 Energy Recovery's market value can be influenced by many factors that don't directly affect Energy Recovery'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 Energy Recovery's value and its price as these two are different measures arrived at by different means. Investors typically determine if Energy Recovery is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Energy Recovery'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.
Energy Recovery '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 Energy Recovery'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 Energy Recovery.
| 06/15/2024 |
| 12/12/2024 |
If you would invest 0.00 in Energy Recovery on June 15, 2024 and sell it all today you would earn a total of 0.00 from holding Energy Recovery or generate 0.0% return on investment in Energy Recovery over 180 days. Energy Recovery is related to or competes with Zurn Elkay, CECO Environmental, 374Water Common, Federal Signal, LiqTech International, and ClearSign Combustion. Energy Recovery, Inc., together with its subsidiaries, designs, manufactures, and sells various solutions for the seawat... More
Energy Recovery 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 Energy Recovery'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 Energy Recovery upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.57 | |||
| Information Ratio | 0.0385 | |||
| Maximum Drawdown | 27.67 | |||
| Value At Risk | (2.51) | |||
| Potential Upside | 4.14 |
Energy Recovery Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Energy Recovery's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Energy Recovery's standard deviation. In reality, there are many statistical measures that can use Energy Recovery historical prices to predict the future Energy Recovery's volatility.| Risk Adjusted Performance | 0.0621 | |||
| Jensen Alpha | 0.1565 | |||
| Total Risk Alpha | (0.29) | |||
| Sortino Ratio | 0.0287 | |||
| Treynor Ratio | 0.3152 |
Energy Recovery Backtested Returns
Energy Recovery is not too volatile at the moment. Energy Recovery secures Sharpe Ratio (or Efficiency) of 0.0557, which denotes the company had a 0.0557% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Energy Recovery, which you can use to evaluate the volatility of the firm. Please confirm Energy Recovery's Mean Deviation of 1.9, coefficient of variation of 1332.73, and Downside Deviation of 4.57 to check if the risk estimate we provide is consistent with the expected return of 0.19%. Energy Recovery has a performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.78, which means possible diversification benefits within a given portfolio. As returns on the market increase, Energy Recovery's returns are expected to increase less than the market. However, during the bear market, the loss of holding Energy Recovery is expected to be smaller as well. Energy Recovery right now shows a risk of 3.47%. Please confirm Energy Recovery information ratio, downside variance, day typical price, as well as the relationship between the treynor ratio and kurtosis , to decide if Energy Recovery will be following its price patterns.
Auto-correlation | 0.13 |
Insignificant predictability
Energy Recovery has insignificant predictability. Overlapping area represents the amount of predictability between Energy Recovery time series from 15th of June 2024 to 13th of September 2024 and 13th of September 2024 to 12th 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 Energy Recovery price movement. The serial correlation of 0.13 indicates that less than 13.0% of current Energy Recovery price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.13 | |
| Spearman Rank Test | -0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 1.69 |
Energy Recovery lagged returns against current returns
Autocorrelation, which is Energy Recovery 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 Energy Recovery's stock expected returns. We can calculate the autocorrelation of Energy Recovery returns to help us make a trade decision. For example, suppose you find that Energy Recovery 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 |
Energy Recovery 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 Energy Recovery stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Energy Recovery stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Energy Recovery stock over time.
Current vs Lagged Prices |
| Timeline |
Energy Recovery Lagged Returns
When evaluating Energy Recovery's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Energy Recovery stock have on its future price. Energy Recovery 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, Energy Recovery autocorrelation shows the relationship between Energy Recovery stock current value and its past values and can show if there is a momentum factor associated with investing in Energy Recovery.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Energy Recovery offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Energy Recovery'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 Energy Recovery Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Energy Recovery Stock:Check out Energy Recovery Correlation, Energy Recovery Volatility and Energy Recovery Alpha and Beta module to complement your research on Energy Recovery. For more detail on how to invest in Energy Stock please use our How to Invest in Energy Recovery guide.You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Energy Recovery 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.