EMCOR Fixed Asset Turnover from 2010 to 2024
| EME Stock | USD 363.77 7.48 2.10% |
Fixed Asset Turnover | First Reported 2010-12-31 | Previous Quarter 25.68583274 | Current Value 24.4 | Quarterly Volatility 16.25278468 |
Check EMCOR financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among EMCOR main balance sheet or income statement drivers, such as Depreciation And Amortization of 124.9 M, Interest Expense of 10.5 M or Selling General Administrative of 587.6 M, as well as many exotic indicators such as Price To Sales Ratio of 0.85, Dividend Yield of 0.005 or PTB Ratio of 4.34. EMCOR financial statements analysis is a perfect complement when working with EMCOR Valuation or Volatility modules.
EMCOR | Fixed Asset Turnover |
Latest EMCOR's Fixed Asset Turnover Growth Pattern
Below is the plot of the Fixed Asset Turnover of EMCOR Group over the last few years. It is EMCOR's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in EMCOR's overall financial position and show how it may be relating to other accounts over time.
| Fixed Asset Turnover | 10 Years Trend |
|
Fixed Asset Turnover |
| Timeline |
EMCOR Fixed Asset Turnover Regression Statistics
| Arithmetic Mean | 43.10 | |
| Geometric Mean | 39.82 | |
| Coefficient Of Variation | 37.71 | |
| Mean Deviation | 15.16 | |
| Median | 52.34 | |
| Standard Deviation | 16.25 | |
| Sample Variance | 264.15 | |
| Range | 38.5571 | |
| R-Value | (0.77) | |
| Mean Square Error | 116.60 | |
| R-Squared | 0.59 | |
| Significance | 0.0008 | |
| Slope | (2.79) | |
| Total Sum of Squares | 3,698 |
EMCOR Fixed Asset Turnover History
About EMCOR Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include EMCOR income statement, its balance sheet, and the statement of cash flows. EMCOR investors use historical funamental indicators, such as EMCOR's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although EMCOR investors may use each financial statement separately, they are all related. The changes in EMCOR's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on EMCOR's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on EMCOR Financial Statements. Understanding these patterns can help to make the right decision on long term investment in EMCOR. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Fixed Asset Turnover | 25.69 | 24.40 |
EMCOR Investors Sentiment
The influence of EMCOR's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in EMCOR. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to EMCOR's public news can be used to forecast risks associated with an investment in EMCOR. The trend in average sentiment can be used to explain how an investor holding EMCOR can time the market purely based on public headlines and social activities around EMCOR Group. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
EMCOR's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for EMCOR's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average EMCOR's news discussions. The higher the estimated score, the more favorable is the investor's outlook on EMCOR.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards EMCOR in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, EMCOR's short interest history, or implied volatility extrapolated from EMCOR options trading.
Pair Trading with EMCOR
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if EMCOR position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in EMCOR will appreciate offsetting losses from the drop in the long position's value.Moving together with EMCOR Stock
| 0.96 | DY | Dycom Industries Financial Report 22nd of May 2024 | PairCorr |
Moving against EMCOR Stock
| 0.83 | VATE | Innovate Corp | PairCorr |
The ability to find closely correlated positions to EMCOR could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EMCOR when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back EMCOR - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling EMCOR Group to buy it.
The correlation of EMCOR is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as EMCOR moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EMCOR Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for EMCOR can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of EMCOR Correlation against competitors. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
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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Is EMCOR's industry 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 EMCOR. If investors know EMCOR 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 EMCOR 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 0.797 | Dividend Share 0.79 | Earnings Share 15.14 | Revenue Per Share 278.072 | Quarterly Revenue Growth 0.187 |
The market value of EMCOR Group is measured differently than its book value, which is the value of EMCOR that is recorded on the company's balance sheet. Investors also form their own opinion of EMCOR's value that differs from its market value or its book value, called intrinsic value, which is EMCOR'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 EMCOR's market value can be influenced by many factors that don't directly affect EMCOR'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 EMCOR's value and its price as these two are different measures arrived at by different means. Investors typically determine if EMCOR is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EMCOR'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.