Euro Tech Holdings Stock Market Value
| CLWT Stock | USD 1.29 0.00 0.00% |
| Symbol | Euro |
Euro Tech Holdings Price To Book Ratio
Is Trading Companies & Distributors 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 Euro Tech. If investors know Euro 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 Euro Tech 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 2.939 | Earnings Share 0.28 | Revenue Per Share | Quarterly Revenue Growth 0.215 | Return On Assets |
The market value of Euro Tech Holdings is measured differently than its book value, which is the value of Euro that is recorded on the company's balance sheet. Investors also form their own opinion of Euro Tech's value that differs from its market value or its book value, called intrinsic value, which is Euro Tech'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 Euro Tech's market value can be influenced by many factors that don't directly affect Euro Tech'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 Euro Tech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Euro Tech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Euro Tech'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.
Euro Tech '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 Euro Tech'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 Euro Tech.
| 12/22/2024 |
| 01/21/2025 |
If you would invest 0.00 in Euro Tech on December 22, 2024 and sell it all today you would earn a total of 0.00 from holding Euro Tech Holdings or generate 0.0% return on investment in Euro Tech over 30 days. Euro Tech is related to or competes with LiqTech International, TOMI Environmental, ClearSign Combustion, Vow ASA, and Bion Environmental. Euro Tech Holdings Company Limited primarily distributes water treatment equipment, laboratory instruments, analyzers, t... More
Euro Tech 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 Euro Tech'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 Euro Tech Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 8.33 | |||
| Value At Risk | (4.11) | |||
| Potential Upside | 2.67 |
Euro Tech Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Euro Tech's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Euro Tech's standard deviation. In reality, there are many statistical measures that can use Euro Tech historical prices to predict the future Euro Tech's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.33) | |||
| Treynor Ratio | 0.5559 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Euro Tech'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.
Euro Tech Holdings Backtested Returns
Euro Tech Holdings secures Sharpe Ratio (or Efficiency) of -0.14, which denotes the company had a -0.14 % return per unit of risk over the last 3 months. Euro Tech Holdings exposes twenty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Euro Tech's Mean Deviation of 1.52, variance of 3.88, and Standard Deviation of 1.97 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.51, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Euro Tech are expected to decrease at a much lower rate. During the bear market, Euro Tech is likely to outperform the market. At this point, Euro Tech Holdings has a negative expected return of -0.27%. Please make sure to confirm Euro Tech's information ratio and kurtosis , to decide if Euro Tech Holdings performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.35 |
Below average predictability
Euro Tech Holdings has below average predictability. Overlapping area represents the amount of predictability between Euro Tech time series from 22nd of December 2024 to 6th of January 2025 and 6th of January 2025 to 21st of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Euro Tech Holdings price movement. The serial correlation of 0.35 indicates that nearly 35.0% of current Euro Tech price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.35 | |
| Spearman Rank Test | 0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Euro Tech Holdings lagged returns against current returns
Autocorrelation, which is Euro Tech 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 Euro Tech's stock expected returns. We can calculate the autocorrelation of Euro Tech returns to help us make a trade decision. For example, suppose you find that Euro Tech 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 |
Euro Tech 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 Euro Tech stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Euro Tech stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Euro Tech stock over time.
Current vs Lagged Prices |
| Timeline |
Euro Tech Lagged Returns
When evaluating Euro Tech's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Euro Tech stock have on its future price. Euro Tech 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, Euro Tech autocorrelation shows the relationship between Euro Tech stock current value and its past values and can show if there is a momentum factor associated with investing in Euro Tech Holdings.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Euro Stock Analysis
When running Euro Tech's price analysis, check to measure Euro Tech'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 Euro Tech is operating at the current time. Most of Euro Tech's value examination focuses on studying past and present price action to predict the probability of Euro Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Euro Tech's price. Additionally, you may evaluate how the addition of Euro Tech to your portfolios can decrease your overall portfolio volatility.