Eagle Pointome Stock Market Value
| EICB Stock | 24.96 0.04 0.16% |
| Symbol | Eagle |
Eagle Pointome Price To Book Ratio
Is Asset Management & Custody Banks 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 Eagle Pointome. If investors know Eagle 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 Eagle Pointome 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 0.601 | Revenue Per Share 2.259 | Quarterly Revenue Growth 0.896 | Return On Assets 0.0668 | Return On Equity 0.2644 |
The market value of Eagle Pointome is measured differently than its book value, which is the value of Eagle that is recorded on the company's balance sheet. Investors also form their own opinion of Eagle Pointome's value that differs from its market value or its book value, called intrinsic value, which is Eagle Pointome'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 Eagle Pointome's market value can be influenced by many factors that don't directly affect Eagle Pointome'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 Eagle Pointome's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eagle Pointome is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eagle Pointome'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.
Eagle Pointome '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 Eagle Pointome'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 Eagle Pointome.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Eagle Pointome on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Eagle Pointome or generate 0.0% return on investment in Eagle Pointome over 30 days. Eagle Pointome is related to or competes with Aspen Insurance, Fossil, Saia, Sun Country, Canlan Ice, Cincinnati Financial, and GoHealth. Eagle Pointome is entity of United States More
Eagle Pointome 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 Eagle Pointome'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 Eagle Pointome upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2036 | |||
| Information Ratio | (0.32) | |||
| Maximum Drawdown | 1.25 | |||
| Value At Risk | (0.28) | |||
| Potential Upside | 0.5684 |
Eagle Pointome Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Eagle Pointome's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Eagle Pointome's standard deviation. In reality, there are many statistical measures that can use Eagle Pointome historical prices to predict the future Eagle Pointome's volatility.| Risk Adjusted Performance | 0.0768 | |||
| Jensen Alpha | 0.0275 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.38) | |||
| Treynor Ratio | (0.36) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Eagle Pointome'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.
Eagle Pointome Backtested Returns
At this point, Eagle Pointome is very steady. Eagle Pointome 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 have found twenty-nine technical indicators for Eagle Pointome, which you can use to evaluate the volatility of the firm. Please confirm Eagle Pointome's Coefficient Of Variation of 780.67, mean deviation of 0.1777, and Standard Deviation of 0.2466 to check if the risk estimate we provide is consistent with the expected return of 0.0307%. Eagle Pointome has a performance score of 9 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0592, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Eagle Pointome are expected to decrease at a much lower rate. During the bear market, Eagle Pointome is likely to outperform the market. Eagle Pointome right now shows a risk of 0.25%. Please confirm Eagle Pointome sortino ratio, potential upside, and the relationship between the variance and maximum drawdown , to decide if Eagle Pointome will be following its price patterns.
Auto-correlation | -0.32 |
Poor reverse predictability
Eagle Pointome has poor reverse predictability. Overlapping area represents the amount of predictability between Eagle Pointome time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 Eagle Pointome price movement. The serial correlation of -0.32 indicates that nearly 32.0% of current Eagle Pointome price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.32 | |
| Spearman Rank Test | 0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Eagle Pointome lagged returns against current returns
Autocorrelation, which is Eagle Pointome 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 Eagle Pointome's stock expected returns. We can calculate the autocorrelation of Eagle Pointome returns to help us make a trade decision. For example, suppose you find that Eagle Pointome 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 |
Eagle Pointome 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 Eagle Pointome stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Eagle Pointome stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Eagle Pointome stock over time.
Current vs Lagged Prices |
| Timeline |
Eagle Pointome Lagged Returns
When evaluating Eagle Pointome's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Eagle Pointome stock have on its future price. Eagle Pointome 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, Eagle Pointome autocorrelation shows the relationship between Eagle Pointome stock current value and its past values and can show if there is a momentum factor associated with investing in Eagle Pointome.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Eagle Pointome offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Eagle Pointome's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Eagle Pointome Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Eagle Pointome Stock:Check out Eagle Pointome Correlation, Eagle Pointome Volatility and Eagle Pointome Alpha and Beta module to complement your research on Eagle Pointome. For information on how to trade Eagle Stock refer to our How to Trade Eagle Stock guide.You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Eagle Pointome 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.