Emcor Group Stock Technical Analysis
EME Stock | USD 526.95 11.13 2.16% |
As of the 22nd of November, EMCOR owns the Downside Deviation of 2.23, coefficient of variation of 373.87, and Market Risk Adjusted Performance of 0.3409. EMCOR Group technical analysis allows you to utilize past data patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm EMCOR Group downside deviation, treynor ratio, expected short fall, as well as the relationship between the variance and potential upside to decide if EMCOR Group is priced favorably, providing market reflects its prevailing price of 526.95 per share. Given that EMCOR Group has jensen alpha of 0.3908, we urge you to verify EMCOR's latest market performance to make sure the company can sustain itself in the future.
EMCOR Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as EMCOR, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to EMCOREMCOR |
EMCOR Analyst Consensus
Target Price | Advice | # of Analysts | |
237.5 | Strong Buy | 3 | Odds |
Most EMCOR analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand EMCOR stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of EMCOR Group, talking to its executives and customers, or listening to EMCOR conference calls.
EMCOR 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.
EMCOR Group Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of EMCOR Group volatility. High ATR values indicate high volatility, and low values indicate low volatility.
EMCOR Group Trend Analysis
Use this graph to draw trend lines for EMCOR Group. You can use it to identify possible trend reversals for EMCOR as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual EMCOR price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.EMCOR Best Fit Change Line
The following chart estimates an ordinary least squares regression model for EMCOR Group applied against its price change over selected period. The best fit line has a slop of 2.34 , which may imply that EMCOR Group will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 206519.62, which is the sum of squared deviations for the predicted EMCOR price change compared to its average price change.About EMCOR Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of EMCOR Group on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of EMCOR Group based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on EMCOR Group price pattern first instead of the macroeconomic environment surrounding EMCOR Group. By analyzing EMCOR's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of EMCOR's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to EMCOR specific price patterns or momentum indicators. Please read more on our technical analysis page.
2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.004089 | 0.003676 | 0.003204 | 0.005045 | Price To Sales Ratio | 0.7 | 0.67 | 0.81 | 0.85 |
EMCOR November 22, 2024 Technical Indicators
Most technical analysis of EMCOR 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 EMCOR from various momentum indicators to cycle indicators. When you analyze EMCOR charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.2078 | |||
Market Risk Adjusted Performance | 0.3409 | |||
Mean Deviation | 1.36 | |||
Semi Deviation | 1.66 | |||
Downside Deviation | 2.23 | |||
Coefficient Of Variation | 373.87 | |||
Standard Deviation | 2.01 | |||
Variance | 4.03 | |||
Information Ratio | 0.2199 | |||
Jensen Alpha | 0.3908 | |||
Total Risk Alpha | 0.2992 | |||
Sortino Ratio | 0.1979 | |||
Treynor Ratio | 0.3309 | |||
Maximum Drawdown | 11.32 | |||
Value At Risk | (1.64) | |||
Potential Upside | 3.31 | |||
Downside Variance | 4.97 | |||
Semi Variance | 2.76 | |||
Expected Short fall | (1.58) | |||
Skewness | (1.23) | |||
Kurtosis | 6.72 |
EMCOR November 22, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as EMCOR stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution | 10,370 | ||
Daily Balance Of Power | 0.80 | ||
Rate Of Daily Change | 1.02 | ||
Day Median Price | 525.44 | ||
Day Typical Price | 525.94 | ||
Price Action Indicator | 7.08 |
Complementary Tools for EMCOR Stock analysis
When running EMCOR's price analysis, check to measure EMCOR'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 EMCOR is operating at the current time. Most of EMCOR's value examination focuses on studying past and present price action to predict the probability of EMCOR's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EMCOR's price. Additionally, you may evaluate how the addition of EMCOR to your portfolios can decrease your overall portfolio volatility.
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