Emerson Radio Stock Market Value
| MSN Stock | USD 0.40 0.01 2.44% |
| Symbol | Emerson |
Emerson Radio Price To Book Ratio
Is Consumer Electronics 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 Emerson Radio. If investors know Emerson 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 Emerson Radio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.15) | Revenue Per Share 0.45 | Quarterly Revenue Growth 0.215 | Return On Assets (0.08) | Return On Equity 0.0147 |
The market value of Emerson Radio is measured differently than its book value, which is the value of Emerson that is recorded on the company's balance sheet. Investors also form their own opinion of Emerson Radio's value that differs from its market value or its book value, called intrinsic value, which is Emerson Radio'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 Emerson Radio's market value can be influenced by many factors that don't directly affect Emerson Radio'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 Emerson Radio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Emerson Radio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Emerson Radio'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.
Emerson Radio '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 Emerson Radio'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 Emerson Radio.
| 06/05/2024 |
| 12/02/2024 |
If you would invest 0.00 in Emerson Radio on June 5, 2024 and sell it all today you would earn a total of 0.00 from holding Emerson Radio or generate 0.0% return on investment in Emerson Radio over 180 days. Emerson Radio is related to or competes with VOXX International, LG Display, Vizio Holding, Turtle Beach, Koss, Wearable Devices, and Zepp Health. Emerson Radio Corp., together with its subsidiaries, designs, sources, imports, markets, and sells various houseware and... More
Emerson Radio 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 Emerson Radio'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 Emerson Radio upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 17.16 | |||
| Value At Risk | (5.88) | |||
| Potential Upside | 6.0 |
Emerson Radio Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Emerson Radio's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Emerson Radio's standard deviation. In reality, there are many statistical measures that can use Emerson Radio historical prices to predict the future Emerson Radio's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | (0.78) | |||
| Treynor Ratio | (0.42) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Emerson Radio's 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.
Emerson Radio Backtested Returns
Emerson Radio secures Sharpe Ratio (or Efficiency) of -0.0427, which denotes the company had a -0.0427% return per unit of risk over the last 3 months. Emerson Radio exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Emerson Radio's Mean Deviation of 2.44, standard deviation of 3.58, and Variance of 12.81 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.44, which means possible diversification benefits within a given portfolio. As returns on the market increase, Emerson Radio's returns are expected to increase less than the market. However, during the bear market, the loss of holding Emerson Radio is expected to be smaller as well. At this point, Emerson Radio has a negative expected return of -0.15%. Please make sure to confirm Emerson Radio's treynor ratio, as well as the relationship between the accumulation distribution and price action indicator , to decide if Emerson Radio performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.19 |
Very weak predictability
Emerson Radio has very weak predictability. Overlapping area represents the amount of predictability between Emerson Radio time series from 5th of June 2024 to 3rd of September 2024 and 3rd of September 2024 to 2nd 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 Emerson Radio price movement. The serial correlation of 0.19 indicates that over 19.0% of current Emerson Radio price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.19 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Emerson Radio lagged returns against current returns
Autocorrelation, which is Emerson Radio 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 Emerson Radio's stock expected returns. We can calculate the autocorrelation of Emerson Radio returns to help us make a trade decision. For example, suppose you find that Emerson Radio 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 |
Emerson Radio 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 Emerson Radio stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Emerson Radio stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Emerson Radio stock over time.
Current vs Lagged Prices |
| Timeline |
Emerson Radio Lagged Returns
When evaluating Emerson Radio's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Emerson Radio stock have on its future price. Emerson Radio 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, Emerson Radio autocorrelation shows the relationship between Emerson Radio stock current value and its past values and can show if there is a momentum factor associated with investing in Emerson Radio.
Regressed Prices |
| Timeline |
Pair Trading with Emerson Radio
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Emerson Radio position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Emerson Radio will appreciate offsetting losses from the drop in the long position's value.Moving against Emerson Stock
The ability to find closely correlated positions to Emerson Radio could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Emerson Radio when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Emerson Radio - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Emerson Radio to buy it.
The correlation of Emerson Radio is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Emerson Radio moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Emerson Radio moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Emerson Radio can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Emerson Radio Correlation, Emerson Radio Volatility and Emerson Radio Alpha and Beta module to complement your research on Emerson Radio. To learn how to invest in Emerson Stock, please use our How to Invest in Emerson Radio guide.You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Emerson Radio 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.