Emergent Health Corp Stock Market Value
| EMGE Stock | USD 0 0.00 0.00% |
| Symbol | Emergent |
Emergent Health '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 Emergent Health'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 Emergent Health.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Emergent Health on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Emergent Health Corp or generate 0.0% return on investment in Emergent Health over 30 days. Emergent Health is related to or competes with Earth Science. Emergent Health Corp. develops and sells regenerative medicine, neutraceuticals, and phytonutritionals More
Emergent Health 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 Emergent Health'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 Emergent Health Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 36.67 | |||
| Value At Risk | (13.33) | |||
| Potential Upside | 14.29 |
Emergent Health Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Emergent Health's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Emergent Health's standard deviation. In reality, there are many statistical measures that can use Emergent Health historical prices to predict the future Emergent Health's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.39) | |||
| Total Risk Alpha | (1.64) | |||
| Treynor Ratio | 2.37 |
Emergent Health Corp Backtested Returns
Emergent Health Corp secures Sharpe Ratio (or Efficiency) of -0.057, which denotes the company had a -0.057% return per unit of risk over the last 3 months. Emergent Health Corp exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Emergent Health's Standard Deviation of 7.91, mean deviation of 5.47, and Variance of 62.53 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.17, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Emergent Health are expected to decrease at a much lower rate. During the bear market, Emergent Health is likely to outperform the market. At this point, Emergent Health Corp has a negative expected return of -0.44%. Please make sure to confirm Emergent Health's variance and the relationship between the maximum drawdown and day median price , to decide if Emergent Health Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.55 |
Modest predictability
Emergent Health Corp has modest predictability. Overlapping area represents the amount of predictability between Emergent Health time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 Emergent Health Corp price movement. The serial correlation of 0.55 indicates that about 55.0% of current Emergent Health price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.55 | |
| Spearman Rank Test | 0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Emergent Health Corp lagged returns against current returns
Autocorrelation, which is Emergent Health 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 Emergent Health's pink sheet expected returns. We can calculate the autocorrelation of Emergent Health returns to help us make a trade decision. For example, suppose you find that Emergent Health 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 |
Emergent Health 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 Emergent Health pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Emergent Health pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Emergent Health pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Emergent Health Lagged Returns
When evaluating Emergent Health's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Emergent Health pink sheet have on its future price. Emergent Health 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, Emergent Health autocorrelation shows the relationship between Emergent Health pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Emergent Health Corp.
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.Other Information on Investing in Emergent Pink Sheet
Emergent Health financial ratios help investors to determine whether Emergent 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 Emergent with respect to the benefits of owning Emergent Health security.