Endeavor Group Holdings Stock Market Value
| EDR Stock | USD 29.96 0.18 0.60% |
| Symbol | Endeavor |
Endeavor Group Holdings Price To Book Ratio
Is Movies & Entertainment 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 Endeavor Group. If investors know Endeavor 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 Endeavor Group 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 13.191 | Dividend Share 0.24 | Earnings Share (0.59) | Revenue Per Share 24.684 | Quarterly Revenue Growth 0.666 |
The market value of Endeavor Group Holdings is measured differently than its book value, which is the value of Endeavor that is recorded on the company's balance sheet. Investors also form their own opinion of Endeavor Group's value that differs from its market value or its book value, called intrinsic value, which is Endeavor Group'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 Endeavor Group's market value can be influenced by many factors that don't directly affect Endeavor Group'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 Endeavor Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Endeavor Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Endeavor Group'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.
Endeavor Group '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 Endeavor Group'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 Endeavor Group.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Endeavor Group on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Endeavor Group Holdings or generate 0.0% return on investment in Endeavor Group over 30 days. Endeavor Group is related to or competes with Live Nation, Manchester United, Warner Music, Liberty Media, Liberty Media, Atlanta Braves, and News Corp. Endeavor Group Holdings, Inc. operates as an entertainment, sports, and content company in the United States, the United... More
Endeavor Group 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 Endeavor Group'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 Endeavor Group Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6325 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 3.12 | |||
| Value At Risk | (0.61) | |||
| Potential Upside | 1.13 |
Endeavor Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Endeavor Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Endeavor Group's standard deviation. In reality, there are many statistical measures that can use Endeavor Group historical prices to predict the future Endeavor Group's volatility.| Risk Adjusted Performance | 0.1704 | |||
| Jensen Alpha | 0.1012 | |||
| Total Risk Alpha | 0.0284 | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 1.01 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Endeavor Group'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.
Endeavor Group Holdings Backtested Returns
Currently, Endeavor Group Holdings is very steady. Endeavor Group Holdings secures Sharpe Ratio (or Efficiency) of 0.26, which denotes the company had a 0.26% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Endeavor Group Holdings, which you can use to evaluate the volatility of the firm. Please confirm Endeavor Group's Downside Deviation of 0.6325, semi deviation of 0.2992, and Mean Deviation of 0.384 to check if the risk estimate we provide is consistent with the expected return of 0.14%. Endeavor Group has a performance score of 20 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.11, which means not very significant fluctuations relative to the market. As returns on the market increase, Endeavor Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding Endeavor Group is expected to be smaller as well. Endeavor Group Holdings right now shows a risk of 0.56%. Please confirm Endeavor Group Holdings standard deviation, expected short fall, relative strength index, as well as the relationship between the maximum drawdown and rate of daily change , to decide if Endeavor Group Holdings will be following its price patterns.
Auto-correlation | -0.79 |
Almost perfect reverse predictability
Endeavor Group Holdings has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Endeavor Group time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Endeavor Group Holdings price movement. The serial correlation of -0.79 indicates that around 79.0% of current Endeavor Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.79 | |
| Spearman Rank Test | -0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 0.14 |
Endeavor Group Holdings lagged returns against current returns
Autocorrelation, which is Endeavor Group 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 Endeavor Group's stock expected returns. We can calculate the autocorrelation of Endeavor Group returns to help us make a trade decision. For example, suppose you find that Endeavor Group 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 |
Endeavor Group 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 Endeavor Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Endeavor Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Endeavor Group stock over time.
Current vs Lagged Prices |
| Timeline |
Endeavor Group Lagged Returns
When evaluating Endeavor Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Endeavor Group stock have on its future price. Endeavor Group 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, Endeavor Group autocorrelation shows the relationship between Endeavor Group stock current value and its past values and can show if there is a momentum factor associated with investing in Endeavor Group Holdings.
Regressed Prices |
| Timeline |
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 together with Endeavor Stock
| 0.76 | T | ATT Inc Sell-off Trend | PairCorr |
Moving against Endeavor Stock
| 0.53 | TC | TuanChe ADR | PairCorr |
| 0.51 | DLPN | Dolphin Entertainment | PairCorr |
| 0.49 | GDEVW | Nexters Warrant | PairCorr |
| 0.45 | TU | Telus Corp | PairCorr |
| 0.35 | OB | Outbrain | 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.