Emerald Expositions Events Stock Market Value
| EEX Stock | USD 5.94 0.06 1.00% |
| Symbol | Emerald |
Emerald Expositions Price To Book Ratio
Is Emerald Expositions' 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 Emerald Expositions. If investors know Emerald 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 Emerald Expositions 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 (0.18) | Earnings Share (0.74) | Revenue Per Share 6.262 | Quarterly Revenue Growth 0.091 | Return On Assets 0.0295 |
The market value of Emerald Expositions is measured differently than its book value, which is the value of Emerald that is recorded on the company's balance sheet. Investors also form their own opinion of Emerald Expositions' value that differs from its market value or its book value, called intrinsic value, which is Emerald Expositions' 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 Emerald Expositions' market value can be influenced by many factors that don't directly affect Emerald Expositions' 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 Emerald Expositions' value and its price as these two are different measures arrived at by different means. Investors typically determine if Emerald Expositions is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Emerald Expositions' 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.
Emerald Expositions '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 Emerald Expositions' 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 Emerald Expositions.
| 03/21/2024 |
| 05/20/2024 |
If you would invest 0.00 in Emerald Expositions on March 21, 2024 and sell it all today you would earn a total of 0.00 from holding Emerald Expositions Events or generate 0.0% return on investment in Emerald Expositions over 60 days. Emerald Expositions is related to or competes with Ziff Davis, Dolphin Entertainment, VS Media, Fluent, Advantage Solutions, and Boston Omaha. Emerald Holding, Inc. operates business-to-business trade shows in the United States More
Emerald Expositions 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 Emerald Expositions' 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 Emerald Expositions Events upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 20.96 | |||
| Value At Risk | (3.58) | |||
| Potential Upside | 3.86 |
Emerald Expositions Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Emerald Expositions' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Emerald Expositions' standard deviation. In reality, there are many statistical measures that can use Emerald Expositions historical prices to predict the future Emerald Expositions' volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.55) | |||
| Treynor Ratio | (0.23) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Emerald Expositions' 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.
Emerald Expositions Backtested Returns
Emerald Expositions secures Sharpe Ratio (or Efficiency) of -0.0297, which denotes the company had a -0.0297% return per unit of risk over the last 3 months. Emerald Expositions Events exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Emerald Expositions' Variance of 9.3, mean deviation of 1.79, and Standard Deviation of 3.05 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.35, which means possible diversification benefits within a given portfolio. As returns on the market increase, Emerald Expositions' returns are expected to increase less than the market. However, during the bear market, the loss of holding Emerald Expositions is expected to be smaller as well. Emerald Expositions has an expected return of -0.0906%. Please make sure to confirm Emerald Expositions treynor ratio, as well as the relationship between the kurtosis and day typical price , to decide if Emerald Expositions performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.54 |
Good reverse predictability
Emerald Expositions Events has good reverse predictability. Overlapping area represents the amount of predictability between Emerald Expositions time series from 21st of March 2024 to 20th of April 2024 and 20th of April 2024 to 20th of May 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 Emerald Expositions price movement. The serial correlation of -0.54 indicates that about 54.0% of current Emerald Expositions price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.54 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Emerald Expositions lagged returns against current returns
Autocorrelation, which is Emerald Expositions 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 Emerald Expositions' stock expected returns. We can calculate the autocorrelation of Emerald Expositions returns to help us make a trade decision. For example, suppose you find that Emerald Expositions 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 |
Emerald Expositions 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 Emerald Expositions stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Emerald Expositions stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Emerald Expositions stock over time.
Current vs Lagged Prices |
| Timeline |
Emerald Expositions Lagged Returns
When evaluating Emerald Expositions' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Emerald Expositions stock have on its future price. Emerald Expositions 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, Emerald Expositions autocorrelation shows the relationship between Emerald Expositions stock current value and its past values and can show if there is a momentum factor associated with investing in Emerald Expositions Events.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Emerald Expositions offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Emerald Expositions' 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 Emerald Expositions Events Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Emerald Expositions Events Stock:Check out Emerald Expositions Correlation, Emerald Expositions Volatility and Emerald Expositions Alpha and Beta module to complement your research on Emerald Expositions. Note that the Emerald Expositions information on this page should be used as a complementary analysis to other Emerald Expositions' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Complementary Tools for Emerald Stock analysis
When running Emerald Expositions' price analysis, check to measure Emerald Expositions' 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 Emerald Expositions is operating at the current time. Most of Emerald Expositions' value examination focuses on studying past and present price action to predict the probability of Emerald Expositions' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Emerald Expositions' price. Additionally, you may evaluate how the addition of Emerald Expositions to your portfolios can decrease your overall portfolio volatility.
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Emerald Expositions 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.