Emerson Radio Stock Market Value
| MSN Stock | USD 0.54 0.01 0.93% |
| Symbol | Emerson |
Emerson Radio Price To Book Ratio
Is Emerson Radio'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 Emerson Radio. If investors know Emerson 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 Emerson Radio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.09 | Revenue Per Share 0.415 | Quarterly Revenue Growth 0.357 | Return On Assets (0.05) | Return On Equity 0.0671 |
The market value of Emerson Radio is measured differently than its book value, which is the value of Emerson that is recorded on the company's balance sheet. Investors also form their own opinion of Emerson Radio's value that differs from its market value or its book value, called intrinsic value, which is Emerson Radio'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 Emerson Radio's market value can be influenced by many factors that don't directly affect Emerson Radio'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 Emerson Radio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Emerson Radio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Emerson Radio'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.
Emerson Radio '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 Emerson Radio'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 Emerson Radio.
| 02/23/2023 |
| 04/18/2024 |
If you would invest 0.00 in Emerson Radio on February 23, 2023 and sell it all today you would earn a total of 0.00 from holding Emerson Radio or generate 0.0% return on investment in Emerson Radio over 420 days. Emerson Radio is related to or competes with VOXX International, LG Display, Turtle Beach, Wearable Devices, and Zepp Health. Emerson Radio Corp., together with its subsidiaries, designs, sources, imports, markets, and sells various houseware and... More
Emerson Radio 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 Emerson Radio'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 Emerson Radio upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 9.3 | |||
| Value At Risk | (3.64) | |||
| Potential Upside | 3.7 |
Emerson Radio Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Emerson Radio's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Emerson Radio's standard deviation. In reality, there are many statistical measures that can use Emerson Radio historical prices to predict the future Emerson Radio's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | 0.182 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Emerson Radio's 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.
Emerson Radio Backtested Returns
Emerson Radio secures Sharpe Ratio (or Efficiency) of -0.0215, which denotes the company had a -0.0215% return per unit of risk over the last 3 months. Emerson Radio exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Emerson Radio's Variance of 3.57, mean deviation of 1.2, and Standard Deviation of 1.89 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.26, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Emerson Radio are expected to decrease at a much lower rate. During the bear market, Emerson Radio is likely to outperform the market. Emerson Radio has an expected return of -0.0403%. Please make sure to confirm Emerson Radio total risk alpha, as well as the relationship between the daily balance of power and period momentum indicator , to decide if Emerson Radio performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.19 |
Insignificant reverse predictability
Emerson Radio has insignificant reverse predictability. Overlapping area represents the amount of predictability between Emerson Radio time series from 23rd of February 2023 to 21st of September 2023 and 21st of September 2023 to 18th of April 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 Emerson Radio price movement. The serial correlation of -0.19 indicates that over 19.0% of current Emerson Radio price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.19 | |
| Spearman Rank Test | -0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Emerson Radio lagged returns against current returns
Autocorrelation, which is Emerson Radio 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 Emerson Radio's stock expected returns. We can calculate the autocorrelation of Emerson Radio returns to help us make a trade decision. For example, suppose you find that Emerson Radio 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 |
Emerson Radio 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 Emerson Radio stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Emerson Radio stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Emerson Radio stock over time.
Current vs Lagged Prices |
| Timeline |
Emerson Radio Lagged Returns
When evaluating Emerson Radio's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Emerson Radio stock have on its future price. Emerson Radio 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, Emerson Radio autocorrelation shows the relationship between Emerson Radio stock current value and its past values and can show if there is a momentum factor associated with investing in Emerson Radio.
Regressed Prices |
| Timeline |
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 Emerson Radio 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, Emerson Radio's short interest history, or implied volatility extrapolated from Emerson Radio options trading.
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Try AI Portfolio ArchitectCheck out Emerson Radio Correlation, Emerson Radio Volatility and Emerson Radio Alpha and Beta module to complement your research on Emerson Radio. To learn how to invest in Emerson Stock, please use our How to Invest in Emerson Radio guide.You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Complementary Tools for Emerson Stock analysis
When running Emerson Radio's price analysis, check to measure Emerson Radio'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 Emerson Radio is operating at the current time. Most of Emerson Radio's value examination focuses on studying past and present price action to predict the probability of Emerson Radio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Emerson Radio's price. Additionally, you may evaluate how the addition of Emerson Radio to your portfolios can decrease your overall portfolio volatility.
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Emerson Radio 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.