Emerge Commerce Stock Market Value
| EMCMF Stock | USD 0.03 0.00 0.00% |
| Symbol | Emerge |
Emerge Commerce '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 Emerge Commerce's pink sheet 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 Emerge Commerce.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Emerge Commerce on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Emerge Commerce or generate 0.0% return on investment in Emerge Commerce over 30 days. Emerge Commerce is related to or competes with Phonex, Delivery Hero, 1StdibsCom, Natural Health, Monotaro, Hour Loop, and Liquidity Services. Emerge Commerce Ltd. owns and operates online e-commerce marketplaces in Canada and the United States More
Emerge Commerce 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 Emerge Commerce's pink sheet 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 Emerge Commerce upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1165 | |||
| Maximum Drawdown | 1991.67 |
Emerge Commerce Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Emerge Commerce's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Emerge Commerce's standard deviation. In reality, there are many statistical measures that can use Emerge Commerce historical prices to predict the future Emerge Commerce's volatility.| Risk Adjusted Performance | 0.0994 | |||
| Jensen Alpha | 25.68 | |||
| Total Risk Alpha | (9.40) | |||
| Treynor Ratio | 1.12 |
Emerge Commerce Backtested Returns
Emerge Commerce is out of control given 3 months investment horizon. Emerge Commerce secures Sharpe Ratio (or Efficiency) of 0.11, which denotes the company had a 0.11% return per unit of risk over the last 3 months. We have collected data for sixteen different technical indicators, which can help you to evaluate if expected returns of 14.14% are justified by taking the suggested risk. Use Emerge Commerce Variance of 60327.78, mean deviation of 59.48, and Standard Deviation of 245.62 to evaluate company specific risk that cannot be diversified away. Emerge Commerce holds a performance score of 8 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 25.64, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Emerge Commerce will likely underperform. Use Emerge Commerce variance, as well as the relationship between the maximum drawdown and rate of daily change , to analyze future returns on Emerge Commerce.
Auto-correlation | 0.00 |
No correlation between past and present
Emerge Commerce has no correlation between past and present. Overlapping area represents the amount of predictability between Emerge Commerce 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 Emerge Commerce price movement. The serial correlation of 0.0 indicates that just 0.0% of current Emerge Commerce 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 |
Emerge Commerce lagged returns against current returns
Autocorrelation, which is Emerge Commerce pink sheet'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 Emerge Commerce's pink sheet expected returns. We can calculate the autocorrelation of Emerge Commerce returns to help us make a trade decision. For example, suppose you find that Emerge Commerce has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Emerge Commerce 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 Emerge Commerce pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Emerge Commerce pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Emerge Commerce pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Emerge Commerce Lagged Returns
When evaluating Emerge Commerce's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Emerge Commerce pink sheet have on its future price. Emerge Commerce 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, Emerge Commerce autocorrelation shows the relationship between Emerge Commerce pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Emerge Commerce.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Emerge Pink Sheet
Emerge Commerce financial ratios help investors to determine whether Emerge Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Emerge with respect to the benefits of owning Emerge Commerce security.