E Home Household Service Stock Market Value
| EJH Stock | USD 0.82 0.08 10.81% |
| Symbol | EJH |
E Home Household Price To Book Ratio
Is Hotels, Restaurants & Leisure 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 E Home. If investors know EJH 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 E Home 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 0.328 | Earnings Share (239.35) | Revenue Per Share 62.574 | Quarterly Revenue Growth (0.19) | Return On Assets (0.06) |
The market value of E Home Household is measured differently than its book value, which is the value of EJH that is recorded on the company's balance sheet. Investors also form their own opinion of E Home's value that differs from its market value or its book value, called intrinsic value, which is E Home'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 E Home's market value can be influenced by many factors that don't directly affect E Home'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 E Home's value and its price as these two are different measures arrived at by different means. Investors typically determine if E Home is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, E Home'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.
E Home '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 E Home'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 E Home.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in E Home on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding E Home Household Service or generate 0.0% return on investment in E Home over 30 days. E Home is related to or competes with Smart Share, WW International, Frontdoor, Carriage Services, Bright Horizons, Mister Car, and Rollins. E-Home Household Service Holdings Limited, together with its subsidiaries, operates as an integrated household service c... More
E Home 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 E Home'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 E Home Household Service upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 36.02 | |||
| Value At Risk | (8.00) | |||
| Potential Upside | 10.81 |
E Home Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for E Home's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as E Home's standard deviation. In reality, there are many statistical measures that can use E Home historical prices to predict the future E Home's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (1.15) | |||
| Treynor Ratio | 0.7168 |
E Home Household Backtested Returns
E Home Household secures Sharpe Ratio (or Efficiency) of -0.0065, which denotes the company had a -0.0065% return per unit of return volatility over the last 3 months. E Home Household Service exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm E Home's mean deviation of 4.18, and Standard Deviation of 6.21 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.26, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning E Home are expected to decrease at a much lower rate. During the bear market, E Home is likely to outperform the market. At this point, E Home Household has a negative expected return of -0.0401%. Please make sure to confirm E Home's total risk alpha, kurtosis, market facilitation index, as well as the relationship between the value at risk and rate of daily change , to decide if E Home Household performance from the past will be repeated sooner or later.
Auto-correlation | 0.26 |
Poor predictability
E Home Household Service has poor predictability. Overlapping area represents the amount of predictability between E Home 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 E Home Household price movement. The serial correlation of 0.26 indicates that nearly 26.0% of current E Home price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.26 | |
| Spearman Rank Test | -0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
E Home Household lagged returns against current returns
Autocorrelation, which is E Home 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 E Home's stock expected returns. We can calculate the autocorrelation of E Home returns to help us make a trade decision. For example, suppose you find that E Home 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 |
E Home 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 E Home stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if E Home stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in E Home stock over time.
Current vs Lagged Prices |
| Timeline |
E Home Lagged Returns
When evaluating E Home's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of E Home stock have on its future price. E Home 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, E Home autocorrelation shows the relationship between E Home stock current value and its past values and can show if there is a momentum factor associated with investing in E Home Household Service.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether E Home Household offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of E Home'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 E Home Household Service Stock. Outlined below are crucial reports that will aid in making a well-informed decision on E Home Household Service Stock:Check out E Home Correlation, E Home Volatility and E Home Alpha and Beta module to complement your research on E Home. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
E Home 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.