Ehouse Global Stock Beta
Ehouse Global fundamentals help investors to digest information that contributes to Ehouse Global's financial success or failures. It also enables traders to predict the movement of Ehouse Stock. The fundamental analysis module provides a way to measure Ehouse Global's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Ehouse Global stock.
Ehouse | Beta |
Ehouse Global Company Beta Analysis
Ehouse Global's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Ehouse Global Beta | 25.7 |
Most of Ehouse Global's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Ehouse Global is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
CompetitionIn accordance with the recently published financial statements, Ehouse Global has a Beta of 25.702. This is much higher than that of the Consumer Goods sector and significantly higher than that of the Packaging & Containers industry. The beta for all United States stocks is notably lower than that of the firm.
Ehouse Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ehouse Global's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Ehouse Global could also be used in its relative valuation, which is a method of valuing Ehouse Global by comparing valuation metrics of similar companies.Ehouse Global is currently under evaluation in beta category among related companies.
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Ehouse Global will likely underperform.
Ehouse Fundamentals
| Return On Asset | -14.84 | |||
| Current Valuation | 461.22 K | |||
| Shares Outstanding | 1.01 B | |||
| Price To Sales | 3.53 X | |||
| EBITDA | (1.21 M) | |||
| Net Income | (2.78 M) | |||
| Cash And Equivalents | 367 | |||
| Total Debt | 384.59 K | |||
| Book Value Per Share | (0) X | |||
| Cash Flow From Operations | (735.38 K) | |||
| Earnings Per Share | (0.06) X | |||
| Beta | 25.7 | |||
| Market Capitalization | 1.01 K | |||
| Total Asset | 5.81 K | |||
| Retained Earnings | (3.18 M) | |||
| Working Capital | (1.06 M) | |||
| Current Asset | 5 K | |||
| Current Liabilities | 1.06 M | |||
| Net Asset | 5.81 K |
About Ehouse Global Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ehouse Global's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ehouse Global using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ehouse Global based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Ehouse Global
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 Ehouse Global 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 Ehouse Global will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Ehouse Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ehouse Global 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 Ehouse Global - 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 Ehouse Global to buy it.
The correlation of Ehouse Global 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 Ehouse Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ehouse Global 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 Ehouse Global 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 Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Complementary Tools for Ehouse Stock analysis
When running Ehouse Global's price analysis, check to measure Ehouse Global'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 Ehouse Global is operating at the current time. Most of Ehouse Global's value examination focuses on studying past and present price action to predict the probability of Ehouse Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ehouse Global's price. Additionally, you may evaluate how the addition of Ehouse Global to your portfolios can decrease your overall portfolio volatility.
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Is Ehouse Global'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 Ehouse Global. If investors know Ehouse 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 Ehouse Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.06) | Return On Assets (14.84) |
The market value of Ehouse Global is measured differently than its book value, which is the value of Ehouse that is recorded on the company's balance sheet. Investors also form their own opinion of Ehouse Global's value that differs from its market value or its book value, called intrinsic value, which is Ehouse Global'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 Ehouse Global's market value can be influenced by many factors that don't directly affect Ehouse Global'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 Ehouse Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ehouse Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ehouse Global'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.