Emcore Stock Price on February 14, 2020
EMKR Stock | USD 0.35 0.01 2.78% |
Below is the normalized historical share price chart for EMCORE extending back to March 06, 1997. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of EMCORE stands at 0.35, as last reported on the 29th of March, with the highest price reaching 0.37 and the lowest price hitting 0.35 during the day.
If you're considering investing in EMCORE Stock, it is important to understand the factors that can impact its price. EMCORE retains Efficiency (Sharpe Ratio) of -0.0348, which denotes the company had a -0.0348% return per unit of risk over the last 3 months. EMCORE exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm EMCORE's Standard Deviation of 7.09, market risk adjusted performance of (0), and Variance of 50.25 to check the risk estimate we provide.
At this time, EMCORE's Total Stockholder Equity is relatively stable compared to the past year. As of 03/29/2024, Common Stock Shares Outstanding is likely to grow to about 62.2 M, while Common Stock Total Equity is likely to drop slightly above 635.9 M. . As of 03/29/2024, Price Earnings Ratio is likely to drop to -0.3. In addition to that, Price To Sales Ratio is likely to drop to 0.27. EMCORE Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 6th of March 1997 | 200 Day MA 0.5345 | 50 Day MA 0.4682 | Beta 1.538 |
EMCORE |
Sharpe Ratio = -0.0348
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | EMKR |
Estimated Market Risk
7.22 actual daily | 63 63% of assets are less volatile |
Expected Return
-0.25 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average EMCORE is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of EMCORE by adding EMCORE to a well-diversified portfolio.
Price Book 0.3536 | Enterprise Value Ebitda (1.94) | Price Sales 0.2749 | Shares Float 47.9 M | Wall Street Target Price 1.18 |
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.
CLSK | CleanSpark | |
V | Visa Class A | |
CDLX | Cardlytics |
About EMCORE Stock history
EMCORE investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for EMCORE is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in EMCORE will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing EMCORE stock prices may prove useful in developing a viable investing in EMCORE
Last Reported | Projected for 2024 | ||
Common Stock Shares Outstanding | 59.2 M | 62.2 M | |
Net Loss | -21.9 M | -20.8 M |
EMCORE Quarterly Net Working Capital |
|
EMCORE Stock Technical Analysis
EMCORE 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.
Price Boundaries
EMCORE Period Price Range
EMCORE March 29, 2024 Market Strength
Market strength indicators help investors to evaluate how EMCORE stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading EMCORE shares will generate the highest return on investment. By undertsting and applying EMCORE stock market strength indicators, traders can identify EMCORE entry and exit signals to maximize returns
Accumulation Distribution | 24357.62 | |||
Daily Balance Of Power | (0.50) | |||
Rate Of Daily Change | 0.97 | |||
Day Median Price | 0.36 | |||
Day Typical Price | 0.36 | |||
Price Action Indicator | (0.01) | |||
Period Momentum Indicator | (0.01) | |||
Relative Strength Index | 41.07 |
EMCORE Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for EMCORE's price direction in advance. Along with the technical and fundamental analysis of EMCORE Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of EMCORE to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.0073 | |||
Jensen Alpha | (0.34) | |||
Total Risk Alpha | (1.63) | |||
Treynor Ratio | (0.01) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EMCORE. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. To learn how to invest in EMCORE Stock, please use our How to Invest in EMCORE guide.You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Complementary Tools for EMCORE Stock analysis
When running EMCORE's price analysis, check to measure EMCORE'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 EMCORE is operating at the current time. Most of EMCORE's value examination focuses on studying past and present price action to predict the probability of EMCORE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EMCORE's price. Additionally, you may evaluate how the addition of EMCORE to your portfolios can decrease your overall portfolio volatility.
CEOs Directory Screen CEOs from public companies around the world | |
Fundamental Analysis View fundamental data based on most recent published financial statements | |
Equity Valuation Check real value of public entities based on technical and fundamental data | |
Global Correlations Find global opportunities by holding instruments from different markets | |
Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
Money Managers Screen money managers from public funds and ETFs managed around the world |
Is EMCORE'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 EMCORE. If investors know EMCORE 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 EMCORE 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 (0.25) | Earnings Share (0.75) | Revenue Per Share 1.582 | Quarterly Revenue Growth 0.207 | Return On Assets (0.07) |
The market value of EMCORE is measured differently than its book value, which is the value of EMCORE that is recorded on the company's balance sheet. Investors also form their own opinion of EMCORE's value that differs from its market value or its book value, called intrinsic value, which is EMCORE'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 EMCORE's market value can be influenced by many factors that don't directly affect EMCORE'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 EMCORE's value and its price as these two are different measures arrived at by different means. Investors typically determine if EMCORE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EMCORE'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.