Edgetech International Stock Market Value
| EGIL Stock | USD 0.0001 0.00 0.00% |
| Symbol | EdgeTech |
Is Communication Equipment 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 EdgeTech International. If investors know EdgeTech 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 EdgeTech International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of EdgeTech International is measured differently than its book value, which is the value of EdgeTech that is recorded on the company's balance sheet. Investors also form their own opinion of EdgeTech International's value that differs from its market value or its book value, called intrinsic value, which is EdgeTech International'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 EdgeTech International's market value can be influenced by many factors that don't directly affect EdgeTech International'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 EdgeTech International's value and its price as these two are different measures arrived at by different means. Investors typically determine if EdgeTech International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EdgeTech International'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.
EdgeTech International '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 EdgeTech International'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 EdgeTech International.
| 01/08/2024 |
| 12/28/2025 |
If you would invest 0.00 in EdgeTech International on January 8, 2024 and sell it all today you would earn a total of 0.00 from holding EdgeTech International or generate 0.0% return on investment in EdgeTech International over 720 days. EdgeTech International, Inc. markets handheld wireless Internet access devices More
EdgeTech International 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 EdgeTech International'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 EdgeTech International upside and downside potential and time the market with a certain degree of confidence.
EdgeTech International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for EdgeTech International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as EdgeTech International's standard deviation. In reality, there are many statistical measures that can use EdgeTech International historical prices to predict the future EdgeTech International's volatility.EdgeTech International Backtested Returns
EdgeTech International is out of control given 3 months investment horizon. EdgeTech International secures Sharpe Ratio (or Efficiency) of 0.12, which denotes the company had a 0.12 % return per unit of risk over the last 3 months. We were able to collect and analyze data for six different technical indicators, which can help you to evaluate if expected returns of 15.38% are justified by taking the suggested risk. Use EdgeTech International Day Median Price of 1.0E-4, relative strength index of 100.0, and Price Action Indicator of 1.0E-4 to evaluate company specific risk that cannot be diversified away. EdgeTech International holds a performance score of 9 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 0.0, which means not very significant fluctuations relative to the market. the returns on MARKET and EdgeTech International are completely uncorrelated. Use EdgeTech International price action indicator , to analyze future returns on EdgeTech International.
Auto-correlation | 0.00 |
No correlation between past and present
EdgeTech International has no correlation between past and present. Overlapping area represents the amount of predictability between EdgeTech International time series from 8th of January 2024 to 2nd of January 2025 and 2nd of January 2025 to 28th of December 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 EdgeTech International price movement. The serial correlation of 0.0 indicates that just 0.0% of current EdgeTech International price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
EdgeTech International lagged returns against current returns
Autocorrelation, which is EdgeTech International 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 EdgeTech International's stock expected returns. We can calculate the autocorrelation of EdgeTech International returns to help us make a trade decision. For example, suppose you find that EdgeTech International 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 |
EdgeTech International 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 EdgeTech International stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if EdgeTech International stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in EdgeTech International stock over time.
Current vs Lagged Prices |
| Timeline |
EdgeTech International Lagged Returns
When evaluating EdgeTech International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of EdgeTech International stock have on its future price. EdgeTech International 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, EdgeTech International autocorrelation shows the relationship between EdgeTech International stock current value and its past values and can show if there is a momentum factor associated with investing in EdgeTech International.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Prophet is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ProphetCheck out EdgeTech International Correlation, EdgeTech International Volatility and EdgeTech International Alpha and Beta module to complement your research on EdgeTech International. For more information on how to buy EdgeTech Stock please use our How to buy in EdgeTech Stock guide.You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
EdgeTech International technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.