Emera Enterprise Value Multiple from 2010 to 2026
| EMA Stock | CAD 70.14 1.48 2.16% |
Enterprise Value Multiple | First Reported 2010-12-31 | Previous Quarter 12.62 | Current Value 8.83 | Quarterly Volatility 2.97501136 |
Check Emera financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Emera's main balance sheet or income statement drivers, such as Interest Expense of 1.2 B, Total Revenue of 8.7 B or Gross Profit of 3.5 B, as well as many indicators such as Price To Sales Ratio of 1.51, Dividend Yield of 0.0487 or PTB Ratio of 1.72. Emera financial statements analysis is a perfect complement when working with Emera Valuation or Volatility modules.
Emera | Enterprise Value Multiple |
Evaluating Emera's Enterprise Value Multiple across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Emera Inc's fundamental strength.
Latest Emera's Enterprise Value Multiple Growth Pattern
Below is the plot of the Enterprise Value Multiple of Emera Inc over the last few years. It is Emera's Enterprise Value Multiple historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Emera's overall financial position and show how it may be relating to other accounts over time.
| Enterprise Value Multiple | 10 Years Trend |
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Enterprise Value Multiple |
| Timeline |
Emera Enterprise Value Multiple Regression Statistics
| Arithmetic Mean | 12.38 | |
| Geometric Mean | 12.07 | |
| Coefficient Of Variation | 24.03 | |
| Mean Deviation | 2.00 | |
| Median | 12.09 | |
| Standard Deviation | 2.98 | |
| Sample Variance | 8.85 | |
| Range | 12.4654 | |
| R-Value | 0.14 | |
| Mean Square Error | 9.24 | |
| R-Squared | 0.02 | |
| Significance | 0.58 | |
| Slope | 0.09 | |
| Total Sum of Squares | 141.61 |
Emera Enterprise Value Multiple History
About Emera Financial Statements
Emera investors utilize fundamental indicators, such as Enterprise Value Multiple, to predict how Emera Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Enterprise Value Multiple | 12.62 | 8.83 |
Pair Trading with Emera
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 Emera 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 Emera will appreciate offsetting losses from the drop in the long position's value.Moving against Emera Stock
The ability to find closely correlated positions to Emera could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Emera 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 Emera - 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 Emera Inc to buy it.
The correlation of Emera 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 Emera moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Emera Inc 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 Emera 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.Other Information on Investing in Emera Stock
Emera financial ratios help investors to determine whether Emera Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Emera with respect to the benefits of owning Emera security.