Escalade Incorporated Stock Market Value
| ESCA Stock | USD 15.54 0.04 0.26% |
| Symbol | Escalade |
Escalade Incorporated Price To Book Ratio
Is Leisure Products 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 Escalade Incorporated. If investors know Escalade 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 Escalade Incorporated 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 0.29 | Dividend Share 0.6 | Earnings Share 0.94 | Revenue Per Share | Quarterly Revenue Growth (0.08) |
The market value of Escalade Incorporated is measured differently than its book value, which is the value of Escalade that is recorded on the company's balance sheet. Investors also form their own opinion of Escalade Incorporated's value that differs from its market value or its book value, called intrinsic value, which is Escalade Incorporated'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 Escalade Incorporated's market value can be influenced by many factors that don't directly affect Escalade Incorporated'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 Escalade Incorporated's value and its price as these two are different measures arrived at by different means. Investors typically determine if Escalade Incorporated is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Escalade Incorporated'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.
Escalade Incorporated '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 Escalade Incorporated'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 Escalade Incorporated.
| 02/10/2023 |
| 01/30/2025 |
If you would invest 0.00 in Escalade Incorporated on February 10, 2023 and sell it all today you would earn a total of 0.00 from holding Escalade Incorporated or generate 0.0% return on investment in Escalade Incorporated over 720 days. Escalade Incorporated is related to or competes with Johnson Outdoors, First Business, Flexsteel Industries, Superior Uniform, and Eastern. Escalade, Incorporated, together with its subsidiaries, manufactures, distributes, imports, and sells sporting goods in ... More
Escalade Incorporated 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 Escalade Incorporated'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 Escalade Incorporated upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.96 | |||
| Information Ratio | 0.0651 | |||
| Maximum Drawdown | 15.09 | |||
| Value At Risk | (4.55) | |||
| Potential Upside | 4.95 |
Escalade Incorporated Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Escalade Incorporated's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Escalade Incorporated's standard deviation. In reality, there are many statistical measures that can use Escalade Incorporated historical prices to predict the future Escalade Incorporated's volatility.| Risk Adjusted Performance | 0.0878 | |||
| Jensen Alpha | 0.1968 | |||
| Total Risk Alpha | 0.0094 | |||
| Sortino Ratio | 0.0594 | |||
| Treynor Ratio | 0.3472 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Escalade Incorporated's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Escalade Incorporated Backtested Returns
Escalade Incorporated appears to be not too volatile, given 3 months investment horizon. Escalade Incorporated secures Sharpe Ratio (or Efficiency) of 0.13, which denotes the company had a 0.13 % return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Escalade Incorporated, which you can use to evaluate the volatility of the firm. Please utilize Escalade Incorporated's Semi Deviation of 2.61, mean deviation of 1.98, and Downside Deviation of 2.96 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Escalade Incorporated holds a performance score of 10. The firm shows a Beta (market volatility) of 0.72, which means possible diversification benefits within a given portfolio. As returns on the market increase, Escalade Incorporated's returns are expected to increase less than the market. However, during the bear market, the loss of holding Escalade Incorporated is expected to be smaller as well. Please check Escalade Incorporated's semi deviation, jensen alpha, maximum drawdown, as well as the relationship between the coefficient of variation and sortino ratio , to make a quick decision on whether Escalade Incorporated's price patterns will revert.
Auto-correlation | 0.46 |
Average predictability
Escalade Incorporated has average predictability. Overlapping area represents the amount of predictability between Escalade Incorporated time series from 10th of February 2023 to 5th of February 2024 and 5th of February 2024 to 30th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Escalade Incorporated price movement. The serial correlation of 0.46 indicates that about 46.0% of current Escalade Incorporated price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.46 | |
| Spearman Rank Test | 0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 0.96 |
Escalade Incorporated lagged returns against current returns
Autocorrelation, which is Escalade Incorporated 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 Escalade Incorporated's stock expected returns. We can calculate the autocorrelation of Escalade Incorporated returns to help us make a trade decision. For example, suppose you find that Escalade Incorporated 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 |
Escalade Incorporated 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 Escalade Incorporated stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Escalade Incorporated stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Escalade Incorporated stock over time.
Current vs Lagged Prices |
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Escalade Incorporated Lagged Returns
When evaluating Escalade Incorporated's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Escalade Incorporated stock have on its future price. Escalade Incorporated 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, Escalade Incorporated autocorrelation shows the relationship between Escalade Incorporated stock current value and its past values and can show if there is a momentum factor associated with investing in Escalade Incorporated.
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.When determining whether Escalade Incorporated offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Escalade Incorporated'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 Escalade Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Escalade Incorporated Stock:Check out Escalade Incorporated Correlation, Escalade Incorporated Volatility and Escalade Incorporated Alpha and Beta module to complement your research on Escalade Incorporated. For information on how to trade Escalade Stock refer to our How to Trade Escalade Stock guide.You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Escalade Incorporated 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.