New Oriental Education Stock Market Value
| EDU Stock | USD 57.36 0.35 0.61% |
| Symbol | New |
New Oriental Education Price To Book Ratio
Is Diversified Consumer Services 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 New Oriental. If investors know New 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 New Oriental 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 0.489 | Earnings Share 2.3 | Revenue Per Share 28.125 | Quarterly Revenue Growth 0.305 | Return On Assets 0.0381 |
The market value of New Oriental Education is measured differently than its book value, which is the value of New that is recorded on the company's balance sheet. Investors also form their own opinion of New Oriental's value that differs from its market value or its book value, called intrinsic value, which is New Oriental'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 New Oriental's market value can be influenced by many factors that don't directly affect New Oriental'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 New Oriental's value and its price as these two are different measures arrived at by different means. Investors typically determine if New Oriental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, New Oriental'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.
New Oriental '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 New Oriental'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 New Oriental.
| 11/30/2023 |
| 11/24/2024 |
If you would invest 0.00 in New Oriental on November 30, 2023 and sell it all today you would earn a total of 0.00 from holding New Oriental Education or generate 0.0% return on investment in New Oriental over 360 days. New Oriental is related to or competes with American Public, Lincoln Educational, and Adtalem Global. New Oriental Education Technology Group Inc More
New Oriental 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 New Oriental'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 New Oriental Education upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 22.58 | |||
| Value At Risk | (4.66) | |||
| Potential Upside | 3.52 |
New Oriental Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for New Oriental's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as New Oriental's standard deviation. In reality, there are many statistical measures that can use New Oriental historical prices to predict the future New Oriental's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.31) | |||
| Total Risk Alpha | (0.73) | |||
| Treynor Ratio | (0.29) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of New Oriental'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.
New Oriental Education Backtested Returns
New Oriental Education has Sharpe Ratio of -0.0409, which conveys that the firm had a -0.0409% return per unit of risk over the last 3 months. New Oriental exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify New Oriental's Standard Deviation of 3.21, mean deviation of 2.2, and Risk Adjusted Performance of (0.04) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.76, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, New Oriental's returns are expected to increase less than the market. However, during the bear market, the loss of holding New Oriental is expected to be smaller as well. At this point, New Oriental Education has a negative expected return of -0.13%. Please make sure to verify New Oriental's maximum drawdown, accumulation distribution, as well as the relationship between the Accumulation Distribution and market facilitation index , to decide if New Oriental Education performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.45 |
Modest reverse predictability
New Oriental Education has modest reverse predictability. Overlapping area represents the amount of predictability between New Oriental time series from 30th of November 2023 to 28th of May 2024 and 28th of May 2024 to 24th 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 New Oriental Education price movement. The serial correlation of -0.45 indicates that just about 45.0% of current New Oriental price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.45 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 54.65 |
New Oriental Education lagged returns against current returns
Autocorrelation, which is New Oriental 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 New Oriental's stock expected returns. We can calculate the autocorrelation of New Oriental returns to help us make a trade decision. For example, suppose you find that New Oriental 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 |
New Oriental 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 New Oriental stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if New Oriental stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in New Oriental stock over time.
Current vs Lagged Prices |
| Timeline |
New Oriental Lagged Returns
When evaluating New Oriental's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of New Oriental stock have on its future price. New Oriental 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, New Oriental autocorrelation shows the relationship between New Oriental stock current value and its past values and can show if there is a momentum factor associated with investing in New Oriental Education.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for New Stock Analysis
When running New Oriental's price analysis, check to measure New Oriental'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 New Oriental is operating at the current time. Most of New Oriental's value examination focuses on studying past and present price action to predict the probability of New Oriental's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Oriental's price. Additionally, you may evaluate how the addition of New Oriental to your portfolios can decrease your overall portfolio volatility.