Eagle Point Income Stock Market Value
| EICA Stock | USD 23.82 0.06 0.25% |
| Symbol | Eagle |
Eagle Point Income Price To Book Ratio
Is Diversified Metals & Mining 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 Eagle Point. If investors know Eagle 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 Eagle Point 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 0.601 | Dividend Share 2.22 | Earnings Share 0.802 | Revenue Per Share 2.259 | Quarterly Revenue Growth 0.896 |
The market value of Eagle Point Income is measured differently than its book value, which is the value of Eagle that is recorded on the company's balance sheet. Investors also form their own opinion of Eagle Point's value that differs from its market value or its book value, called intrinsic value, which is Eagle Point'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 Eagle Point's market value can be influenced by many factors that don't directly affect Eagle Point'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 Eagle Point's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eagle Point is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eagle Point'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.
Eagle Point '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 Eagle Point'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 Eagle Point.
| 08/30/2024 |
| 09/29/2024 |
If you would invest 0.00 in Eagle Point on August 30, 2024 and sell it all today you would earn a total of 0.00 from holding Eagle Point Income or generate 0.0% return on investment in Eagle Point over 30 days. Eagle Point is related to or competes with Eagle Point, Eagle Point, Oxford Lane, and OFS Credit. Eagle Point is entity of United States. It is traded as Stock on NYSE exchange. More
Eagle Point 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 Eagle Point'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 Eagle Point Income upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2257 | |||
| Information Ratio | (0.29) | |||
| Maximum Drawdown | 1.03 | |||
| Value At Risk | (0.30) | |||
| Potential Upside | 0.4719 |
Eagle Point Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Eagle Point's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Eagle Point's standard deviation. In reality, there are many statistical measures that can use Eagle Point historical prices to predict the future Eagle Point's volatility.| Risk Adjusted Performance | 0.1855 | |||
| Jensen Alpha | 0.0531 | |||
| Total Risk Alpha | 0.0174 | |||
| Sortino Ratio | (0.28) | |||
| Treynor Ratio | (1.05) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Eagle Point'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.
Eagle Point Income Backtested Returns
At this point, Eagle Point is very steady. Eagle Point Income secures Sharpe Ratio (or Efficiency) of 0.25, which denotes the company had a 0.25% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Eagle Point Income, which you can use to evaluate the volatility of the firm. Please confirm Eagle Point's Coefficient Of Variation of 379.09, standard deviation of 0.2197, and Mean Deviation of 0.1689 to check if the risk estimate we provide is consistent with the expected return of 0.0536%. Eagle Point has a performance score of 19 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0458, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Eagle Point are expected to decrease at a much lower rate. During the bear market, Eagle Point is likely to outperform the market. Eagle Point Income right now shows a risk of 0.21%. Please confirm Eagle Point Income sortino ratio, potential upside, and the relationship between the variance and maximum drawdown , to decide if Eagle Point Income will be following its price patterns.
Auto-correlation | 0.62 |
Good predictability
Eagle Point Income has good predictability. Overlapping area represents the amount of predictability between Eagle Point time series from 30th of August 2024 to 14th of September 2024 and 14th of September 2024 to 29th of September 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 Eagle Point Income price movement. The serial correlation of 0.62 indicates that roughly 62.0% of current Eagle Point price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.62 | |
| Spearman Rank Test | 0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Eagle Point Income lagged returns against current returns
Autocorrelation, which is Eagle Point 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 Eagle Point's stock expected returns. We can calculate the autocorrelation of Eagle Point returns to help us make a trade decision. For example, suppose you find that Eagle Point 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 |
Eagle Point 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 Eagle Point stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Eagle Point stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Eagle Point stock over time.
Current vs Lagged Prices |
| Timeline |
Eagle Point Lagged Returns
When evaluating Eagle Point's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Eagle Point stock have on its future price. Eagle Point 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, Eagle Point autocorrelation shows the relationship between Eagle Point stock current value and its past values and can show if there is a momentum factor associated with investing in Eagle Point Income.
Regressed Prices |
| Timeline |
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Additional Information and Resources on Investing in Eagle Stock
When determining whether Eagle Point Income offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Eagle Point'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 Eagle Point Income Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Eagle Point Income Stock:Check out Eagle Point Correlation, Eagle Point Volatility and Eagle Point Alpha and Beta module to complement your research on Eagle Point. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Eagle Point 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.