Element Solutions Stock Market Value
| ESI Stock | USD 27.01 0.01 0.04% |
| Symbol | Element |
Element Solutions Price To Book Ratio
Is Specialty Chemicals 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 Element Solutions. If investors know Element 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 Element Solutions 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 2.155 | Dividend Share 0.32 | Earnings Share 0.8 | Revenue Per Share 9.76 | Quarterly Revenue Growth 0.045 |
The market value of Element Solutions is measured differently than its book value, which is the value of Element that is recorded on the company's balance sheet. Investors also form their own opinion of Element Solutions' value that differs from its market value or its book value, called intrinsic value, which is Element Solutions' 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 Element Solutions' market value can be influenced by many factors that don't directly affect Element Solutions' 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 Element Solutions' value and its price as these two are different measures arrived at by different means. Investors typically determine if Element Solutions is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Element Solutions' 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.
Element Solutions '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 Element Solutions' 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 Element Solutions.
| 08/31/2024 |
| 09/30/2024 |
If you would invest 0.00 in Element Solutions on August 31, 2024 and sell it all today you would earn a total of 0.00 from holding Element Solutions or generate 0.0% return on investment in Element Solutions over 30 days. Element Solutions is related to or competes with Ecolab, Bank of America, Dell Technologies, PayPal Holdings, Dominos Pizza, HP, and Merck. Element Solutions Inc operates as a specialty chemicals company in the United States, China, and internationally More
Element Solutions 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 Element Solutions' 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 Element Solutions upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.03 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 7.57 | |||
| Value At Risk | (3.44) | |||
| Potential Upside | 3.16 |
Element Solutions Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Element Solutions' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Element Solutions' standard deviation. In reality, there are many statistical measures that can use Element Solutions historical prices to predict the future Element Solutions' volatility.| Risk Adjusted Performance | 0.0145 | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.0069 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Element Solutions' 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.
Element Solutions Backtested Returns
Element Solutions is very steady at the moment. Element Solutions secures Sharpe Ratio (or Efficiency) of 0.0096, which denotes the company had a 0.0096% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Element Solutions, which you can use to evaluate the volatility of the firm. Please confirm Element Solutions' Coefficient Of Variation of 9084.97, downside deviation of 2.03, and Mean Deviation of 1.45 to check if the risk estimate we provide is consistent with the expected return of 0.0182%. The firm shows a Beta (market volatility) of 1.52, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Element Solutions will likely underperform. Element Solutions right now shows a risk of 1.89%. Please confirm Element Solutions downside variance, day median price, and the relationship between the treynor ratio and kurtosis , to decide if Element Solutions will be following its price patterns.
Auto-correlation | 0.34 |
Below average predictability
Element Solutions has below average predictability. Overlapping area represents the amount of predictability between Element Solutions time series from 31st of August 2024 to 15th of September 2024 and 15th of September 2024 to 30th 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 Element Solutions price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current Element Solutions price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.34 | |
| Spearman Rank Test | 0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.3 |
Element Solutions lagged returns against current returns
Autocorrelation, which is Element Solutions 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 Element Solutions' stock expected returns. We can calculate the autocorrelation of Element Solutions returns to help us make a trade decision. For example, suppose you find that Element Solutions 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 |
Element Solutions 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 Element Solutions stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Element Solutions stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Element Solutions stock over time.
Current vs Lagged Prices |
| Timeline |
Element Solutions Lagged Returns
When evaluating Element Solutions' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Element Solutions stock have on its future price. Element Solutions 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, Element Solutions autocorrelation shows the relationship between Element Solutions stock current value and its past values and can show if there is a momentum factor associated with investing in Element Solutions.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Element Stock
When determining whether Element Solutions offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Element Solutions' 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 Element Solutions Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Element Solutions Stock:Check out Element Solutions Correlation, Element Solutions Volatility and Element Solutions Alpha and Beta module to complement your research on Element Solutions. For more detail on how to invest in Element Stock please use our How to Invest in Element Solutions guide.You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Element Solutions 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.