Emx Royalty Corp Stock Market Value
| EMX Stock | USD 1.75 0.01 0.57% |
| Symbol | EMX |
EMX Royalty Corp Price To Book Ratio
Is Diversified Metals & Mining 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 EMX Royalty. If investors know EMX 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 EMX Royalty 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 (0.50) | Earnings Share (0.02) | Revenue Per Share 0.238 | Quarterly Revenue Growth (0.46) | Return On Assets (0) |
The market value of EMX Royalty Corp is measured differently than its book value, which is the value of EMX that is recorded on the company's balance sheet. Investors also form their own opinion of EMX Royalty's value that differs from its market value or its book value, called intrinsic value, which is EMX Royalty'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 EMX Royalty's market value can be influenced by many factors that don't directly affect EMX Royalty'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 EMX Royalty's value and its price as these two are different measures arrived at by different means. Investors typically determine if EMX Royalty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EMX Royalty'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.
EMX Royalty '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 EMX Royalty'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 EMX Royalty.
| 12/28/2023 |
| 11/22/2024 |
If you would invest 0.00 in EMX Royalty on December 28, 2023 and sell it all today you would earn a total of 0.00 from holding EMX Royalty Corp or generate 0.0% return on investment in EMX Royalty over 330 days. EMX Royalty is related to or competes with Metalla Royalty, Osisko Gold, Equinox Gold, and SilverCrest Metals. EMX Royalty Corporation, together with its subsidiaries, engages in the exploring for, and generating royalties from, me... More
EMX Royalty 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 EMX Royalty'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 EMX Royalty Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 9.74 | |||
| Value At Risk | (2.99) | |||
| Potential Upside | 4.44 |
EMX Royalty Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for EMX Royalty's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as EMX Royalty's standard deviation. In reality, there are many statistical measures that can use EMX Royalty historical prices to predict the future EMX Royalty's volatility.| Risk Adjusted Performance | 2.0E-4 | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.32) | |||
| Treynor Ratio | (0.08) |
EMX Royalty Corp Backtested Returns
At this stage we consider EMX Stock to be relatively risky. EMX Royalty Corp secures Sharpe Ratio (or Efficiency) of 0.0071, which denotes the company had a 0.0071% return per unit of volatility over the last 3 months. We have found twenty-two technical indicators for EMX Royalty Corp, which you can use to evaluate the volatility of the firm. Please confirm EMX Royalty's Market Risk Adjusted Performance of (0.07), mean deviation of 1.66, and Standard Deviation of 2.23 to check if the risk estimate we provide is consistent with the expected return of 0.0161%. The firm shows a Beta (market volatility) of 0.37, which means possible diversification benefits within a given portfolio. As returns on the market increase, EMX Royalty's returns are expected to increase less than the market. However, during the bear market, the loss of holding EMX Royalty is expected to be smaller as well. EMX Royalty Corp currently shows a risk of 2.26%. Please confirm EMX Royalty Corp maximum drawdown and rate of daily change , to decide if EMX Royalty Corp will be following its price patterns.
Auto-correlation | 0.04 |
Virtually no predictability
EMX Royalty Corp has virtually no predictability. Overlapping area represents the amount of predictability between EMX Royalty time series from 28th of December 2023 to 10th of June 2024 and 10th of June 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 EMX Royalty Corp price movement. The serial correlation of 0.04 indicates that only as little as 4.0% of current EMX Royalty price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.04 | |
| Spearman Rank Test | -0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
EMX Royalty Corp lagged returns against current returns
Autocorrelation, which is EMX Royalty 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 EMX Royalty's stock expected returns. We can calculate the autocorrelation of EMX Royalty returns to help us make a trade decision. For example, suppose you find that EMX Royalty 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 |
EMX Royalty 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 EMX Royalty stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if EMX Royalty stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in EMX Royalty stock over time.
Current vs Lagged Prices |
| Timeline |
EMX Royalty Lagged Returns
When evaluating EMX Royalty's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of EMX Royalty stock have on its future price. EMX Royalty 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, EMX Royalty autocorrelation shows the relationship between EMX Royalty stock current value and its past values and can show if there is a momentum factor associated with investing in EMX Royalty Corp.
Regressed Prices |
| Timeline |
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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.Additional Tools for EMX Stock Analysis
When running EMX Royalty's price analysis, check to measure EMX Royalty's 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 EMX Royalty is operating at the current time. Most of EMX Royalty's value examination focuses on studying past and present price action to predict the probability of EMX Royalty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EMX Royalty's price. Additionally, you may evaluate how the addition of EMX Royalty to your portfolios can decrease your overall portfolio volatility.