Ethan Allen Interiors Stock Statistic Functions Beta

ETD Stock  USD 28.48  0.15  0.53%   
Ethan Allen statistic functions tool provides the execution environment for running the Beta function and other technical functions against Ethan Allen. Ethan Allen value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Ethan Allen statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Ethan Allen Interiors correlated with the market. If Beta is less than 0 Ethan Allen generally moves in the opposite direction as compared to the market. If Ethan Allen Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Ethan Allen Interiors is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Ethan Allen is generally in the same direction as the market. If Beta > 1 Ethan Allen moves generally in the same direction as, but more than the movement of the benchmark.

Ethan Allen Technical Analysis Modules

Most technical analysis of Ethan Allen help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Ethan from various momentum indicators to cycle indicators. When you analyze Ethan charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Ethan Allen Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ethan Allen Interiors. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ethan Allen Interiors based on widely used predictive technical indicators. In general, we focus on analyzing Ethan Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ethan Allen's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Ethan Allen's intrinsic value. In addition to deriving basic predictive indicators for Ethan Allen, we also check how macroeconomic factors affect Ethan Allen price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Dividend Yield0.0940.06440.07190.0755
Price To Sales Ratio0.630.911.081.14
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ethan Allen'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.
Hype
Prediction
LowEstimatedHigh
26.8628.5130.16
Details
Intrinsic
Valuation
LowRealHigh
25.6330.9732.62
Details
Naive
Forecast
LowNextHigh
25.4727.1228.77
Details
3 Analysts
Consensus
LowTargetHigh
30.0333.0036.63
Details

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When determining whether Ethan Allen Interiors is a strong investment it is important to analyze Ethan Allen's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Ethan Allen's future performance. For an informed investment choice regarding Ethan Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ethan Allen Interiors. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Household Durables 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 Ethan Allen. If investors know Ethan 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 Ethan Allen 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
(0.02)
Dividend Share
1.5
Earnings Share
2.48
Revenue Per Share
24.932
Quarterly Revenue Growth
(0.06)
The market value of Ethan Allen Interiors is measured differently than its book value, which is the value of Ethan that is recorded on the company's balance sheet. Investors also form their own opinion of Ethan Allen's value that differs from its market value or its book value, called intrinsic value, which is Ethan Allen'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 Ethan Allen's market value can be influenced by many factors that don't directly affect Ethan Allen'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 Ethan Allen's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ethan Allen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ethan Allen'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.