Embraer Sa Adr Stock Market Value
| ERJ Stock | USD 24.46 0.18 0.74% |
| Symbol | Embraer |
Embraer SA ADR Price To Book Ratio
Is Embraer SA'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 Embraer SA. If investors know Embraer 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 Embraer SA 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 6.92 | Earnings Share 0.88 | Revenue Per Share 142.168 | Quarterly Revenue Growth (0.07) | Return On Assets 0.0171 |
The market value of Embraer SA ADR is measured differently than its book value, which is the value of Embraer that is recorded on the company's balance sheet. Investors also form their own opinion of Embraer SA's value that differs from its market value or its book value, called intrinsic value, which is Embraer SA'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 Embraer SA's market value can be influenced by many factors that don't directly affect Embraer SA'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 Embraer SA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Embraer SA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Embraer SA'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.
Embraer SA '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 Embraer SA'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 Embraer SA.
| 03/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in Embraer SA on March 26, 2024 and sell it all today you would earn a total of 0.00 from holding Embraer SA ADR or generate 0.0% return on investment in Embraer SA over 30 days. Embraer SA is related to or competes with HEICO, L3Harris Technologies, Huntington Ingalls, Lockheed Martin, Northrop Grumman, and General Dynamics. Embraer S.A. designs, develops, manufactures, and sells aircrafts and systems in Brazil, North America, Latin America, t... More
Embraer SA 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 Embraer SA'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 Embraer SA ADR upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.72 | |||
| Information Ratio | 0.1788 | |||
| Maximum Drawdown | 13.27 | |||
| Value At Risk | (2.82) | |||
| Potential Upside | 6.77 |
Embraer SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Embraer SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Embraer SA's standard deviation. In reality, there are many statistical measures that can use Embraer SA historical prices to predict the future Embraer SA's volatility.| Risk Adjusted Performance | 0.1428 | |||
| Jensen Alpha | 0.4951 | |||
| Total Risk Alpha | 0.1905 | |||
| Sortino Ratio | 0.2601 | |||
| Treynor Ratio | 1.2 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Embraer SA'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.
Embraer SA ADR Backtested Returns
Embraer SA appears to be very steady, given 3 months investment horizon. Embraer SA ADR secures Sharpe Ratio (or Efficiency) of 0.2, which denotes the company had a 0.2% return per unit of standard deviation over the last 3 months. By reviewing Embraer SA's technical indicators, you can evaluate if the expected return of 0.51% is justified by implied risk. Please utilize Embraer SA's Semi Deviation of 1.3, mean deviation of 1.72, and Downside Deviation of 1.72 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Embraer SA holds a performance score of 15. The firm shows a Beta (market volatility) of 0.45, which means possible diversification benefits within a given portfolio. As returns on the market increase, Embraer SA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Embraer SA is expected to be smaller as well. Please check Embraer SA's value at risk, daily balance of power, and the relationship between the total risk alpha and expected short fall , to make a quick decision on whether Embraer SA's price patterns will revert.
Auto-correlation | 0.91 |
Excellent predictability
Embraer SA ADR has excellent predictability. Overlapping area represents the amount of predictability between Embraer SA time series from 26th of March 2024 to 10th of April 2024 and 10th of April 2024 to 25th of April 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 Embraer SA ADR price movement. The serial correlation of 0.91 indicates that approximately 91.0% of current Embraer SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.91 | |
| Spearman Rank Test | 0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.37 |
Embraer SA ADR lagged returns against current returns
Autocorrelation, which is Embraer SA 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 Embraer SA's stock expected returns. We can calculate the autocorrelation of Embraer SA returns to help us make a trade decision. For example, suppose you find that Embraer SA 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 |
Embraer SA 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 Embraer SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Embraer SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Embraer SA stock over time.
Current vs Lagged Prices |
| Timeline |
Embraer SA Lagged Returns
When evaluating Embraer SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Embraer SA stock have on its future price. Embraer SA 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, Embraer SA autocorrelation shows the relationship between Embraer SA stock current value and its past values and can show if there is a momentum factor associated with investing in Embraer SA ADR.
Regressed Prices |
| Timeline |
Embraer SA Investors Sentiment
The influence of Embraer SA's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Embraer. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Embraer SA's public news can be used to forecast risks associated with an investment in Embraer. The trend in average sentiment can be used to explain how an investor holding Embraer can time the market purely based on public headlines and social activities around Embraer SA ADR. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Embraer SA's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Embraer SA's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Embraer SA's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Embraer SA.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Embraer SA in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Embraer SA's short interest history, or implied volatility extrapolated from Embraer SA options trading.
Pair Trading with Embraer SA
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Embraer SA position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Embraer SA will appreciate offsetting losses from the drop in the long position's value.Moving together with Embraer Stock
| 0.92 | CW | Curtiss Wright Earnings Call This Week | PairCorr |
| 0.93 | EH | Ehang Holdings | PairCorr |
| 0.84 | GD | General Dynamics Financial Report 24th of July 2024 | PairCorr |
Moving against Embraer Stock
| 0.9 | AZ | A2Z Smart Technologies | PairCorr |
| 0.81 | BA | Boeing Financial Report 24th of July 2024 | PairCorr |
| 0.77 | EVEX | Eve Holding Financial Report 14th of May 2024 | PairCorr |
| 0.63 | DPRO | Draganfly Financial Report 14th of May 2024 | PairCorr |
| 0.59 | CVU | CPI Aerostructures | PairCorr |
The ability to find closely correlated positions to Embraer SA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Embraer SA when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Embraer SA - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Embraer SA ADR to buy it.
The correlation of Embraer SA is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Embraer SA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Embraer SA ADR moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Embraer SA can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Embraer SA Correlation, Embraer SA Volatility and Embraer SA Alpha and Beta module to complement your research on Embraer SA. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Complementary Tools for Embraer Stock analysis
When running Embraer SA's price analysis, check to measure Embraer SA'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 Embraer SA is operating at the current time. Most of Embraer SA's value examination focuses on studying past and present price action to predict the probability of Embraer SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Embraer SA's price. Additionally, you may evaluate how the addition of Embraer SA to your portfolios can decrease your overall portfolio volatility.
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Embraer SA 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.