Endeavor Price Earnings Ratio from 2010 to 2024
| EDR Stock | USD 29.55 0.16 0.54% |
Price Earnings Ratio | First Reported 2010-12-31 | Previous Quarter 19.89609587 | Current Value 36.27 | Quarterly Volatility 445.6581758 |
Check Endeavor Group financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Endeavor Group's main balance sheet or income statement drivers, such as Depreciation And Amortization of 379.6 M, Interest Expense of 363 M or Selling General Administrative of 2.9 B, as well as many indicators such as Price To Sales Ratio of 1.13, Dividend Yield of 0.009 or PTB Ratio of 1.41. Endeavor financial statements analysis is a perfect complement when working with Endeavor Group Valuation or Volatility modules.
Endeavor | Price Earnings Ratio |
Latest Endeavor Group's Price Earnings Ratio Growth Pattern
Below is the plot of the Price Earnings Ratio of Endeavor Group Holdings over the last few years. It is Endeavor Group's Price Earnings Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Endeavor Group's overall financial position and show how it may be relating to other accounts over time.
| Price Earnings Ratio | 10 Years Trend |
|
Price Earnings Ratio |
| Timeline |
Endeavor Price Earnings Ratio Regression Statistics
| Arithmetic Mean | 85.89 | |
| Coefficient Of Variation | 518.84 | |
| Mean Deviation | 256.45 | |
| Median | 11.63 | |
| Standard Deviation | 445.66 | |
| Sample Variance | 198,611 | |
| Range | 2.1K | |
| R-Value | (0.16) | |
| Mean Square Error | 208,242 | |
| R-Squared | 0.03 | |
| Significance | 0.56 | |
| Slope | (16.19) | |
| Total Sum of Squares | 2.8M |
Endeavor Price Earnings Ratio History
About Endeavor Group Financial Statements
Endeavor Group shareholders use historical fundamental indicators, such as Price Earnings Ratio, to determine how well the company is positioned to perform in the future. Although Endeavor Group investors may analyze each financial statement separately, they are all interrelated. The changes in Endeavor Group's assets and liabilities, for example, are also reflected in the revenues and expenses on on Endeavor Group's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Price Earnings Ratio | 19.90 | 36.27 |
Pair Trading with Endeavor Group
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 Endeavor Group 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 Endeavor Group will appreciate offsetting losses from the drop in the long position's value.Moving against Endeavor Stock
| 0.87 | ADV | Advantage Solutions | PairCorr |
| 0.82 | EEX | Emerald Expositions | PairCorr |
| 0.76 | CRTO | Criteo Sa | PairCorr |
| 0.71 | KUKE | Kuke Music Holding | PairCorr |
| 0.49 | IPG | Interpublic Group | PairCorr |
The ability to find closely correlated positions to Endeavor Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Endeavor Group 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 Endeavor Group - 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 Endeavor Group Holdings to buy it.
The correlation of Endeavor Group 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 Endeavor Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Endeavor Group Holdings 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 Endeavor Group 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.Additional Tools for Endeavor Stock Analysis
When running Endeavor Group's price analysis, check to measure Endeavor Group's 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 Endeavor Group is operating at the current time. Most of Endeavor Group's value examination focuses on studying past and present price action to predict the probability of Endeavor Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Endeavor Group's price. Additionally, you may evaluate how the addition of Endeavor Group to your portfolios can decrease your overall portfolio volatility.