Expeditors International Of Stock Market Value
| EXPD Stock | USD 122.39 1.07 0.88% |
| Symbol | Expeditors |
Expeditors International Price To Book Ratio
Is Air Freight & Logistics 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 Expeditors International. If investors know Expeditors 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 Expeditors International 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 0.405 | Dividend Share 1.42 | Earnings Share 5.13 | Revenue Per Share 69.694 | Quarterly Revenue Growth 0.37 |
The market value of Expeditors International is measured differently than its book value, which is the value of Expeditors that is recorded on the company's balance sheet. Investors also form their own opinion of Expeditors International's value that differs from its market value or its book value, called intrinsic value, which is Expeditors International'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 Expeditors International's market value can be influenced by many factors that don't directly affect Expeditors International'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 Expeditors International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Expeditors International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Expeditors International'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.
Expeditors International '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 Expeditors International'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 Expeditors International.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Expeditors International on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Expeditors International of or generate 0.0% return on investment in Expeditors International over 30 days. Expeditors International is related to or competes with Landstar System, JB Hunt, Hub, Forward Air, and CH Robinson. Expeditors International of Washington, Inc More
Expeditors International 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 Expeditors International'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 Expeditors International of upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 4.65 | |||
| Value At Risk | (2.13) | |||
| Potential Upside | 1.89 |
Expeditors International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Expeditors International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Expeditors International's standard deviation. In reality, there are many statistical measures that can use Expeditors International historical prices to predict the future Expeditors International's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.20) | |||
| Treynor Ratio | (0.11) |
Expeditors International Backtested Returns
At this point, Expeditors International is very steady. Expeditors International secures Sharpe Ratio (or Efficiency) of 0.0034, which denotes the company had a 0.0034% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Expeditors International of, which you can use to evaluate the volatility of the firm. Please confirm Expeditors International's Variance of 1.27, mean deviation of 0.8612, and Standard Deviation of 1.13 to check if the risk estimate we provide is consistent with the expected return of 0.0039%. The firm shows a Beta (market volatility) of 0.21, which means not very significant fluctuations relative to the market. As returns on the market increase, Expeditors International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Expeditors International is expected to be smaller as well. Expeditors International right now shows a risk of 1.16%. Please confirm Expeditors International potential upside, as well as the relationship between the daily balance of power and price action indicator , to decide if Expeditors International will be following its price patterns.
Auto-correlation | -0.44 |
Modest reverse predictability
Expeditors International of has modest reverse predictability. Overlapping area represents the amount of predictability between Expeditors International time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Expeditors International price movement. The serial correlation of -0.44 indicates that just about 44.0% of current Expeditors International price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.44 | |
| Spearman Rank Test | 0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 1.46 |
Expeditors International lagged returns against current returns
Autocorrelation, which is Expeditors International 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 Expeditors International's stock expected returns. We can calculate the autocorrelation of Expeditors International returns to help us make a trade decision. For example, suppose you find that Expeditors International 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 |
Expeditors International 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 Expeditors International stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Expeditors International stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Expeditors International stock over time.
Current vs Lagged Prices |
| Timeline |
Expeditors International Lagged Returns
When evaluating Expeditors International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Expeditors International stock have on its future price. Expeditors International 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, Expeditors International autocorrelation shows the relationship between Expeditors International stock current value and its past values and can show if there is a momentum factor associated with investing in Expeditors International of.
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 Expeditors International is a strong investment it is important to analyze Expeditors International's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Expeditors International's future performance. For an informed investment choice regarding Expeditors Stock, refer to the following important reports:Check out Expeditors International Correlation, Expeditors International Volatility and Expeditors International Alpha and Beta module to complement your research on Expeditors International. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Expeditors International 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.