European Wax Center Stock Market Value
| EWCZ Stock | USD 5.89 0.18 3.15% |
| Symbol | European |
European Wax Center Price To Book Ratio
Is Diversified Consumer Services 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 European Wax. If investors know European 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 European Wax 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 0.138 | Earnings Share 0.23 | Revenue Per Share 4.557 | Quarterly Revenue Growth 0.013 | Return On Assets 0.0428 |
The market value of European Wax Center is measured differently than its book value, which is the value of European that is recorded on the company's balance sheet. Investors also form their own opinion of European Wax's value that differs from its market value or its book value, called intrinsic value, which is European Wax'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 European Wax's market value can be influenced by many factors that don't directly affect European Wax'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 European Wax's value and its price as these two are different measures arrived at by different means. Investors typically determine if European Wax is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, European Wax'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.
European Wax '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 European Wax'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 European Wax.
| 10/25/2024 |
| 11/24/2024 |
If you would invest 0.00 in European Wax on October 25, 2024 and sell it all today you would earn a total of 0.00 from holding European Wax Center or generate 0.0% return on investment in European Wax over 30 days. European Wax is related to or competes with Edgewell Personal, Inter Parfums, Mannatech Incorporated, Spectrum Brands, and Nu Skin. European Wax Center, Inc. operates as the franchisor and operator of out-of-home waxing services in the United States More
European Wax 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 European Wax'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 European Wax Center upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 31.55 | |||
| Value At Risk | (4.61) | |||
| Potential Upside | 4.28 |
European Wax Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for European Wax's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as European Wax's standard deviation. In reality, there are many statistical measures that can use European Wax historical prices to predict the future European Wax's volatility.| Risk Adjusted Performance | 0.0035 | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.68) | |||
| Treynor Ratio | (0.03) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of European Wax'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.
European Wax Center Backtested Returns
European Wax Center secures Sharpe Ratio (or Efficiency) of -0.0145, which denotes the company had a -0.0145% return per unit of risk over the last 3 months. European Wax Center exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm European Wax's Standard Deviation of 4.08, mean deviation of 2.54, and Variance of 16.63 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.33, 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, European Wax will likely underperform. At this point, European Wax Center has a negative expected return of -0.0595%. Please make sure to confirm European Wax's total risk alpha, kurtosis, as well as the relationship between the Kurtosis and market facilitation index , to decide if European Wax Center performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.63 |
Very good reverse predictability
European Wax Center has very good reverse predictability. Overlapping area represents the amount of predictability between European Wax time series from 25th of October 2024 to 9th of November 2024 and 9th of November 2024 to 24th of November 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 European Wax Center price movement. The serial correlation of -0.63 indicates that roughly 63.0% of current European Wax price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.63 | |
| Spearman Rank Test | -0.83 | |
| Residual Average | 0.0 | |
| Price Variance | 1.22 |
European Wax Center lagged returns against current returns
Autocorrelation, which is European Wax 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 European Wax's stock expected returns. We can calculate the autocorrelation of European Wax returns to help us make a trade decision. For example, suppose you find that European Wax 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 |
European Wax 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 European Wax stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if European Wax stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in European Wax stock over time.
Current vs Lagged Prices |
| Timeline |
European Wax Lagged Returns
When evaluating European Wax's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of European Wax stock have on its future price. European Wax 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, European Wax autocorrelation shows the relationship between European Wax stock current value and its past values and can show if there is a momentum factor associated with investing in European Wax Center.
Regressed Prices |
| Timeline |
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When running European Wax's price analysis, check to measure European Wax'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 European Wax is operating at the current time. Most of European Wax's value examination focuses on studying past and present price action to predict the probability of European Wax's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move European Wax's price. Additionally, you may evaluate how the addition of European Wax to your portfolios can decrease your overall portfolio volatility.