Element Solutions Stock Market Value
| ESI Stock | USD 25.80 0.48 1.90% |
| Symbol | Element |
Element Solutions Price To Book Ratio
Is Specialty Chemicals 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 Element Solutions. If investors know Element 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 Element Solutions 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 2.155 | Dividend Share 0.32 | Earnings Share 1.09 | Revenue Per Share | Quarterly Revenue Growth 0.076 |
The market value of Element Solutions is measured differently than its book value, which is the value of Element that is recorded on the company's balance sheet. Investors also form their own opinion of Element Solutions' value that differs from its market value or its book value, called intrinsic value, which is Element Solutions' 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 Element Solutions' market value can be influenced by many factors that don't directly affect Element Solutions' 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 Element Solutions' value and its price as these two are different measures arrived at by different means. Investors typically determine if Element Solutions is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Element Solutions' 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.
Element Solutions '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 Element Solutions' 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 Element Solutions.
| 03/12/2023 |
| 01/30/2025 |
If you would invest 0.00 in Element Solutions on March 12, 2023 and sell it all today you would earn a total of 0.00 from holding Element Solutions or generate 0.0% return on investment in Element Solutions over 690 days. Element Solutions is related to or competes with Oil Dri, Quaker Chemical, Ecovyst, Minerals Technologies, Sensient Technologies, H B, and Ashland Global. Element Solutions Inc operates as a specialty chemicals company in the United States, China, and internationally More
Element Solutions 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 Element Solutions' 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 Element Solutions upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 7.65 | |||
| Value At Risk | (2.07) | |||
| Potential Upside | 2.53 |
Element Solutions Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Element Solutions' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Element Solutions' standard deviation. In reality, there are many statistical measures that can use Element Solutions historical prices to predict the future Element Solutions' volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | (0.28) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Element Solutions' 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.
Element Solutions Backtested Returns
Element Solutions secures Sharpe Ratio (or Efficiency) of -0.0562, which denotes the company had a -0.0562 % return per unit of risk over the last 3 months. Element Solutions exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Element Solutions' Standard Deviation of 1.35, mean deviation of 1.0, and Variance of 1.83 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, Element Solutions' returns are expected to increase less than the market. However, during the bear market, the loss of holding Element Solutions is expected to be smaller as well. At this point, Element Solutions has a negative expected return of -0.0745%. Please make sure to confirm Element Solutions' potential upside, and the relationship between the total risk alpha and daily balance of power , to decide if Element Solutions performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.58 |
Modest predictability
Element Solutions has modest predictability. Overlapping area represents the amount of predictability between Element Solutions time series from 12th of March 2023 to 20th of February 2024 and 20th 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 Element Solutions price movement. The serial correlation of 0.58 indicates that roughly 58.0% of current Element Solutions price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.58 | |
| Spearman Rank Test | 0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 2.5 |
Element Solutions lagged returns against current returns
Autocorrelation, which is Element Solutions 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 Element Solutions' stock expected returns. We can calculate the autocorrelation of Element Solutions returns to help us make a trade decision. For example, suppose you find that Element Solutions 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 |
Element Solutions 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 Element Solutions stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Element Solutions stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Element Solutions stock over time.
Current vs Lagged Prices |
| Timeline |
Element Solutions Lagged Returns
When evaluating Element Solutions' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Element Solutions stock have on its future price. Element Solutions 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, Element Solutions autocorrelation shows the relationship between Element Solutions stock current value and its past values and can show if there is a momentum factor associated with investing in Element Solutions.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Element Solutions offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Element Solutions' 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 Element Solutions Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Element Solutions Stock:Check out Element Solutions Correlation, Element Solutions Volatility and Element Solutions Alpha and Beta module to complement your research on Element Solutions. For more detail on how to invest in Element Stock please use our How to Invest in Element Solutions guide.You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Element Solutions 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.