Emmis Communications Corp Stock Market Value
| EMMS Stock | USD 2.01 0.01 0.50% |
| Symbol | Emmis |
Emmis Communications '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 Emmis Communications' 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 Emmis Communications.
| 01/27/2024 |
| 01/16/2026 |
If you would invest 0.00 in Emmis Communications on January 27, 2024 and sell it all today you would earn a total of 0.00 from holding Emmis Communications Corp or generate 0.0% return on investment in Emmis Communications over 720 days. Emmis Communications is related to or competes with Salem Media, LleidaNetworks Serveis, QYOU Media, American Picture, Cfn Enterprises, Glacier Media, and OverActive Media. Emmis Corporation, a diversified media company, engages in radio broadcasting activities in the United States More
Emmis Communications 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 Emmis Communications' 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 Emmis Communications Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 29.8 | |||
| Value At Risk | (0.51) | |||
| Potential Upside | 2.21 |
Emmis Communications Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Emmis Communications' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Emmis Communications' standard deviation. In reality, there are many statistical measures that can use Emmis Communications historical prices to predict the future Emmis Communications' volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.39) | |||
| Total Risk Alpha | (1.02) | |||
| Treynor Ratio | 1.29 |
Emmis Communications Corp Backtested Returns
Emmis Communications Corp secures Sharpe Ratio (or Efficiency) of -0.0676, which denotes the company had a -0.0676 % return per unit of risk over the last 3 months. Emmis Communications Corp exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Emmis Communications' Variance of 17.68, standard deviation of 4.2, and Mean Deviation of 1.44 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.32, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Emmis Communications are expected to decrease at a much lower rate. During the bear market, Emmis Communications is likely to outperform the market. At this point, Emmis Communications Corp has a negative expected return of -0.28%. Please make sure to confirm Emmis Communications' variance, potential upside, as well as the relationship between the Potential Upside and day median price , to decide if Emmis Communications Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.34 |
Below average predictability
Emmis Communications Corp has below average predictability. Overlapping area represents the amount of predictability between Emmis Communications time series from 27th of January 2024 to 21st of January 2025 and 21st of January 2025 to 16th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Emmis Communications Corp price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current Emmis Communications price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.34 | |
| Spearman Rank Test | 0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 0.36 |
Emmis Communications Corp lagged returns against current returns
Autocorrelation, which is Emmis Communications 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 Emmis Communications' pink sheet expected returns. We can calculate the autocorrelation of Emmis Communications returns to help us make a trade decision. For example, suppose you find that Emmis Communications 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 |
Emmis Communications 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 Emmis Communications pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Emmis Communications pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Emmis Communications pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Emmis Communications Lagged Returns
When evaluating Emmis Communications' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Emmis Communications pink sheet have on its future price. Emmis Communications 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, Emmis Communications autocorrelation shows the relationship between Emmis Communications pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Emmis Communications Corp.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Emmis Pink Sheet Analysis
When running Emmis Communications' price analysis, check to measure Emmis Communications' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Emmis Communications is operating at the current time. Most of Emmis Communications' value examination focuses on studying past and present price action to predict the probability of Emmis Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Emmis Communications' price. Additionally, you may evaluate how the addition of Emmis Communications to your portfolios can decrease your overall portfolio volatility.