Energy Recovery Stock Statistic Functions Beta

ERII Stock  USD 15.80  0.17  1.09%   
Energy Recovery statistic functions tool provides the execution environment for running the Beta function and other technical functions against Energy Recovery. Energy Recovery value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Energy Recovery statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Energy Recovery correlated with the market. If Beta is less than 0 Energy Recovery generally moves in the opposite direction as compared to the market. If Energy Recovery Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Energy Recovery is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Energy Recovery is generally in the same direction as the market. If Beta > 1 Energy Recovery moves generally in the same direction as, but more than the movement of the benchmark.

Energy Recovery Technical Analysis Modules

Most technical analysis of Energy Recovery help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Energy from various momentum indicators to cycle indicators. When you analyze Energy charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Energy Recovery Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Energy Recovery. We use our internally-developed statistical techniques to arrive at the intrinsic value of Energy Recovery based on widely used predictive technical indicators. In general, we focus on analyzing Energy Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Energy Recovery's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Energy Recovery's intrinsic value. In addition to deriving basic predictive indicators for Energy Recovery, we also check how macroeconomic factors affect Energy Recovery price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Days Sales Outstanding74.15103.99136.82126.29
PTB Ratio6.856.224.844.6
Hype
Prediction
LowEstimatedHigh
12.1515.7919.43
Details
Intrinsic
Valuation
LowRealHigh
14.2219.5223.17
Details
Naive
Forecast
LowNextHigh
9.4513.0916.74
Details
4 Analysts
Consensus
LowTargetHigh
27.3030.0033.30
Details

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When determining whether Energy Recovery offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Energy Recovery'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 Energy Recovery Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Energy Recovery Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Energy Recovery. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in Energy Stock please use our How to Invest in Energy Recovery guide.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Industrial Machinery & Supplies & Components 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 Energy Recovery. If investors know Energy 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 Energy Recovery 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
(0.14)
Earnings Share
0.33
Revenue Per Share
2.36
Quarterly Revenue Growth
0.042
Return On Assets
0.0379
The market value of Energy Recovery is measured differently than its book value, which is the value of Energy that is recorded on the company's balance sheet. Investors also form their own opinion of Energy Recovery's value that differs from its market value or its book value, called intrinsic value, which is Energy Recovery'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 Energy Recovery's market value can be influenced by many factors that don't directly affect Energy Recovery'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 Energy Recovery's value and its price as these two are different measures arrived at by different means. Investors typically determine if Energy Recovery is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Energy Recovery'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.