Educational Development Stock Market Value
| EDUC Stock | USD 2.09 0.11 5.56% |
| Symbol | Educational |
Educational Development Price To Book Ratio
Is Educational Development'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 Educational Development. If investors know Educational 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 Educational Development 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 2.2 K | Earnings Share 0.02 | Revenue Per Share 6.869 | Quarterly Revenue Growth (0.44) | Return On Assets (0.04) |
The market value of Educational Development is measured differently than its book value, which is the value of Educational that is recorded on the company's balance sheet. Investors also form their own opinion of Educational Development's value that differs from its market value or its book value, called intrinsic value, which is Educational Development'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 Educational Development's market value can be influenced by many factors that don't directly affect Educational Development'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 Educational Development's value and its price as these two are different measures arrived at by different means. Investors typically determine if Educational Development is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Educational Development'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.
Educational Development '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 Educational Development'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 Educational Development.
| 01/24/2024 |
| 04/23/2024 |
If you would invest 0.00 in Educational Development on January 24, 2024 and sell it all today you would earn a total of 0.00 from holding Educational Development or generate 0.0% return on investment in Educational Development over 90 days. Educational Development is related to or competes with Mattel, JAKKS Pacific, Life Time, Escalade Incorporated, American Outdoor, OneSpaWorld Holdings, and Six Flags. Educational Development Corporation, a publishing company, operates as a trade co-publisher of educational childrens boo... More
Educational Development 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 Educational Development'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 Educational Development upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.63 | |||
| Information Ratio | 0.0549 | |||
| Maximum Drawdown | 41.82 | |||
| Value At Risk | (7.79) | |||
| Potential Upside | 11.25 |
Educational Development Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Educational Development's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Educational Development's standard deviation. In reality, there are many statistical measures that can use Educational Development historical prices to predict the future Educational Development's volatility.| Risk Adjusted Performance | 0.0503 | |||
| Jensen Alpha | 0.2327 | |||
| Total Risk Alpha | (0.39) | |||
| Sortino Ratio | 0.0665 | |||
| Treynor Ratio | 0.1561 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Educational Development'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.
Educational Development Backtested Returns
Educational Development appears to be dangerous, given 3 months investment horizon. Educational Development secures Sharpe Ratio (or Efficiency) of 0.11, which denotes the company had a 0.11% return per unit of risk over the last 3 months. By reviewing Educational Development's technical indicators, you can evaluate if the expected return of 0.72% is justified by implied risk. Please utilize Educational Development's Coefficient Of Variation of 1484.52, downside deviation of 5.63, and Mean Deviation of 4.97 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Educational Development holds a performance score of 8. The firm shows a Beta (market volatility) of 2.88, 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, Educational Development will likely underperform. Please check Educational Development's maximum drawdown, skewness, day typical price, as well as the relationship between the downside variance and daily balance of power , to make a quick decision on whether Educational Development's price patterns will revert.
Auto-correlation | 0.55 |
Modest predictability
Educational Development has modest predictability. Overlapping area represents the amount of predictability between Educational Development time series from 24th of January 2024 to 9th of March 2024 and 9th of March 2024 to 23rd 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 Educational Development price movement. The serial correlation of 0.55 indicates that about 55.0% of current Educational Development price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.55 | |
| Spearman Rank Test | 0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
Educational Development lagged returns against current returns
Autocorrelation, which is Educational Development 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 Educational Development's stock expected returns. We can calculate the autocorrelation of Educational Development returns to help us make a trade decision. For example, suppose you find that Educational Development 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 |
Educational Development 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 Educational Development stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Educational Development stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Educational Development stock over time.
Current vs Lagged Prices |
| Timeline |
Educational Development Lagged Returns
When evaluating Educational Development's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Educational Development stock have on its future price. Educational Development 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, Educational Development autocorrelation shows the relationship between Educational Development stock current value and its past values and can show if there is a momentum factor associated with investing in Educational Development.
Regressed Prices |
| Timeline |
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 Educational Development 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, Educational Development's short interest history, or implied volatility extrapolated from Educational Development options trading.
Pair Trading with Educational Development
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 Educational Development 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 Educational Development will appreciate offsetting losses from the drop in the long position's value.Moving against Educational Stock
| 0.75 | DXLG | Destination XL Group Financial Report 23rd of May 2024 | PairCorr |
| 0.61 | VSCO | Victorias Secret Financial Report 29th of May 2024 | PairCorr |
| 0.6 | LL | LL Flooring Holdings | PairCorr |
| 0.54 | BQ | Boqii Holding Limited | PairCorr |
| 0.54 | FL | Foot Locker Financial Report 17th of May 2024 | PairCorr |
The ability to find closely correlated positions to Educational Development could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Educational Development 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 Educational Development - 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 Educational Development to buy it.
The correlation of Educational Development 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 Educational Development moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Educational Development 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 Educational Development 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 Educational Development Correlation, Educational Development Volatility and Educational Development Alpha and Beta module to complement your research on Educational Development. For information on how to trade Educational Stock refer to our How to Trade Educational Stock guide.You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Complementary Tools for Educational Stock analysis
When running Educational Development's price analysis, check to measure Educational Development'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 Educational Development is operating at the current time. Most of Educational Development's value examination focuses on studying past and present price action to predict the probability of Educational Development's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Educational Development's price. Additionally, you may evaluate how the addition of Educational Development to your portfolios can decrease your overall portfolio volatility.
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum |
Educational Development 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.