Establishment Labs Holdings Stock Market Value
| ESTA Stock | USD 45.89 0.18 0.39% |
| Symbol | Establishment |
Establishment Labs Price To Book Ratio
Is Health Care Equipment & Supplies 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 Establishment Labs. If investors know Establishment 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 Establishment Labs listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.59) | Revenue Per Share 5.58 | Quarterly Revenue Growth 0.045 | Return On Assets (0.12) | Return On Equity (2.23) |
The market value of Establishment Labs is measured differently than its book value, which is the value of Establishment that is recorded on the company's balance sheet. Investors also form their own opinion of Establishment Labs' value that differs from its market value or its book value, called intrinsic value, which is Establishment Labs' 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 Establishment Labs' market value can be influenced by many factors that don't directly affect Establishment Labs' 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 Establishment Labs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Establishment Labs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Establishment Labs' 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.
Establishment Labs '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 Establishment Labs' 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 Establishment Labs.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in Establishment Labs on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding Establishment Labs Holdings or generate 0.0% return on investment in Establishment Labs over 180 days. Establishment Labs is related to or competes with Orthopediatrics Corp, Integer Holdings, Treace Medical, CONMED, Neuropace, Inogen, and SurModics. Establishment Labs Holdings Inc., a medical technology company, manufactures and markets medical devices for aesthetic a... More
Establishment Labs 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 Establishment Labs' 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 Establishment Labs Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.28 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 22.26 | |||
| Value At Risk | (7.22) | |||
| Potential Upside | 8.2 |
Establishment Labs Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Establishment Labs' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Establishment Labs' standard deviation. In reality, there are many statistical measures that can use Establishment Labs historical prices to predict the future Establishment Labs' volatility.| Risk Adjusted Performance | 0.0234 | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.68) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0445 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Establishment Labs' 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.
Establishment Labs Backtested Returns
Establishment Labs appears to be very steady, given 3 months investment horizon. Establishment Labs secures Sharpe Ratio (or Efficiency) of 0.0514, which denotes the company had a 0.0514% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Establishment Labs Holdings, which you can use to evaluate the volatility of the firm. Please utilize Establishment Labs' Mean Deviation of 3.31, downside deviation of 4.28, and Coefficient Of Variation of 5063.02 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Establishment Labs holds a performance score of 4. The firm shows a Beta (market volatility) of 1.78, 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, Establishment Labs will likely underperform. Please check Establishment Labs' semi variance, and the relationship between the maximum drawdown and accumulation distribution , to make a quick decision on whether Establishment Labs' price patterns will revert.
Auto-correlation | -0.25 |
Weak reverse predictability
Establishment Labs Holdings has weak reverse predictability. Overlapping area represents the amount of predictability between Establishment Labs time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 2024 to 30th 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 Establishment Labs price movement. The serial correlation of -0.25 indicates that over 25.0% of current Establishment Labs price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.25 | |
| Spearman Rank Test | -0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 6.86 |
Establishment Labs lagged returns against current returns
Autocorrelation, which is Establishment Labs 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 Establishment Labs' stock expected returns. We can calculate the autocorrelation of Establishment Labs returns to help us make a trade decision. For example, suppose you find that Establishment Labs 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 |
Establishment Labs 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 Establishment Labs stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Establishment Labs stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Establishment Labs stock over time.
Current vs Lagged Prices |
| Timeline |
Establishment Labs Lagged Returns
When evaluating Establishment Labs' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Establishment Labs stock have on its future price. Establishment Labs 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, Establishment Labs autocorrelation shows the relationship between Establishment Labs stock current value and its past values and can show if there is a momentum factor associated with investing in Establishment Labs Holdings.
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 Establishment Labs offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Establishment Labs' 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 Establishment Labs Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Establishment Labs Holdings Stock:Check out Establishment Labs Correlation, Establishment Labs Volatility and Establishment Labs Alpha and Beta module to complement your research on Establishment Labs. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Establishment Labs 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.