Ellington Financial Llc Stock Market Value
| EFC Stock | USD 12.12 0.09 0.75% |
| Symbol | Ellington |
Ellington Financial LLC Price To Book Ratio
Is Ellington Financial'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 Ellington Financial. If investors know Ellington 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 Ellington Financial 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 (0.45) | Dividend Share 1.78 | Earnings Share 0.63 | Revenue Per Share 3.397 | Quarterly Revenue Growth (0.06) |
The market value of Ellington Financial LLC is measured differently than its book value, which is the value of Ellington that is recorded on the company's balance sheet. Investors also form their own opinion of Ellington Financial's value that differs from its market value or its book value, called intrinsic value, which is Ellington Financial'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 Ellington Financial's market value can be influenced by many factors that don't directly affect Ellington Financial'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 Ellington Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ellington Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ellington Financial'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.
Ellington Financial '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 Ellington Financial'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 Ellington Financial.
| 05/03/2024 |
| 06/02/2024 |
If you would invest 0.00 in Ellington Financial on May 3, 2024 and sell it all today you would earn a total of 0.00 from holding Ellington Financial LLC or generate 0.0% return on investment in Ellington Financial over 30 days. Ellington Financial is related to or competes with Omega Healthcare, and Medical Properties. Ellington Financial Inc., through its subsidiary, Ellington Financial Operating Partnership LLC, acquires and manages mo... More
Ellington Financial 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 Ellington Financial'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 Ellington Financial LLC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.58 | |||
| Information Ratio | 0.1324 | |||
| Maximum Drawdown | 7.85 | |||
| Value At Risk | (2.01) | |||
| Potential Upside | 1.71 |
Ellington Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ellington Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ellington Financial's standard deviation. In reality, there are many statistical measures that can use Ellington Financial historical prices to predict the future Ellington Financial's volatility.| Risk Adjusted Performance | 0.1096 | |||
| Jensen Alpha | 0.1624 | |||
| Total Risk Alpha | 0.1349 | |||
| Sortino Ratio | 0.11 | |||
| Treynor Ratio | 0.1586 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ellington Financial'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.
Ellington Financial LLC Backtested Returns
We consider Ellington Financial very steady. Ellington Financial LLC secures Sharpe Ratio (or Efficiency) of 0.16, which denotes the company had a 0.16% return per unit of risk over the last 3 months. We have found thirty technical indicators for Ellington Financial LLC, which you can use to evaluate the volatility of the firm. Please confirm Ellington Financial's Mean Deviation of 1.02, coefficient of variation of 599.12, and Downside Deviation of 1.58 to check if the risk estimate we provide is consistent with the expected return of 0.19%. Ellington Financial has a performance score of 12 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 1.32, 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, Ellington Financial will likely underperform. Ellington Financial LLC right now shows a risk of 1.22%. Please confirm Ellington Financial LLC standard deviation, treynor ratio, downside variance, as well as the relationship between the total risk alpha and value at risk , to decide if Ellington Financial LLC will be following its price patterns.
Auto-correlation | 0.66 |
Good predictability
Ellington Financial LLC has good predictability. Overlapping area represents the amount of predictability between Ellington Financial time series from 3rd of May 2024 to 18th of May 2024 and 18th of May 2024 to 2nd of June 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 Ellington Financial LLC price movement. The serial correlation of 0.66 indicates that around 66.0% of current Ellington Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.66 | |
| Spearman Rank Test | 0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Ellington Financial LLC lagged returns against current returns
Autocorrelation, which is Ellington Financial 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 Ellington Financial's stock expected returns. We can calculate the autocorrelation of Ellington Financial returns to help us make a trade decision. For example, suppose you find that Ellington Financial 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 |
Ellington Financial 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 Ellington Financial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ellington Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ellington Financial stock over time.
Current vs Lagged Prices |
| Timeline |
Ellington Financial Lagged Returns
When evaluating Ellington Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ellington Financial stock have on its future price. Ellington Financial 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, Ellington Financial autocorrelation shows the relationship between Ellington Financial stock current value and its past values and can show if there is a momentum factor associated with investing in Ellington Financial LLC.
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 Ellington Financial LLC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ellington Financial's 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 Ellington Financial Llc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ellington Financial Llc Stock:Check out Ellington Financial Correlation, Ellington Financial Volatility and Ellington Financial Alpha and Beta module to complement your research on Ellington Financial. Note that the Ellington Financial LLC information on this page should be used as a complementary analysis to other Ellington Financial's 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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Complementary Tools for Ellington Stock analysis
When running Ellington Financial's price analysis, check to measure Ellington Financial'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 Ellington Financial is operating at the current time. Most of Ellington Financial's value examination focuses on studying past and present price action to predict the probability of Ellington Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ellington Financial's price. Additionally, you may evaluate how the addition of Ellington Financial to your portfolios can decrease your overall portfolio volatility.
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Ellington Financial 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.