Esco Technologies Stock Technical Analysis
| ESE Stock | USD 100.22 1.28 1.26% |
As of the 16th of April 2024, ESCO Technologies owns the Market Risk Adjusted Performance of 0.0029, standard deviation of 1.7, and Variance of 2.9. ESCO Technologies technical analysis allows you to utilize past data patterns in order to determine a pattern that computes the direction of the firm's future prices. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We are able to interpolate and collect thirteen technical drivers for ESCO Technologies, which can be compared to its peers in the sector. Please confirm ESCO Technologies market risk adjusted performance, variance, as well as the relationship between the Variance and value at risk to decide if ESCO Technologies is priced correctly, providing market reflects its prevailing price of 100.22 per share. Given that ESCO Technologies has information ratio of (0.04), we urge you to verify ESCO Technologies's latest market performance to make sure the company can sustain itself in the future.
ESCO Technologies Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as ESCO, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ESCOESCO |
ESCO Technologies Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 117.67 | Buy | 3 | Odds |
Most ESCO analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand ESCO stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of ESCO Technologies, talking to its executives and customers, or listening to ESCO conference calls.
ESCO Technologies 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.
ESCO Technologies Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of ESCO Technologies volatility. High ATR values indicate high volatility, and low values indicate low volatility.
ESCO Technologies Trend Analysis
Use this graph to draw trend lines for ESCO Technologies. You can use it to identify possible trend reversals for ESCO Technologies as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual ESCO Technologies price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.ESCO Technologies Best Fit Change Line
The following chart estimates an ordinary least squares regression model for ESCO Technologies applied against its price change over selected period. The best fit line has a slop of 0.0099 , which may imply that the returns on investment in ESCO Technologies will continue to fail. It has 122 observation points and a regression sum of squares at 3.73, which is the sum of squared deviations for the predicted ESCO Technologies price change compared to its average price change.About ESCO Technologies Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of ESCO Technologies on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of ESCO Technologies based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on ESCO Technologies price pattern first instead of the macroeconomic environment surrounding ESCO Technologies. By analyzing ESCO Technologies's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of ESCO Technologies's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to ESCO Technologies specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2024 (projected) | Dividend Yield | 0.004341 | 0.003062 | 0.003345 | Price To Sales Ratio | 2.22 | 2.82 | 2.66 |
ESCO Technologies April 16, 2024 Technical Indicators
Most technical analysis of ESCO help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for ESCO from various momentum indicators to cycle indicators. When you analyze ESCO charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0059 | |||
| Market Risk Adjusted Performance | 0.0029 | |||
| Mean Deviation | 1.32 | |||
| Coefficient Of Variation | (150,852) | |||
| Standard Deviation | 1.7 | |||
| Variance | 2.9 | |||
| Information Ratio | (0.04) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.15) | |||
| Treynor Ratio | (0.01) | |||
| Maximum Drawdown | 8.36 | |||
| Value At Risk | (2.61) | |||
| Potential Upside | 2.52 | |||
| Skewness | (0.58) | |||
| Kurtosis | 1.02 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ESCO Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. For information on how to trade ESCO Stock refer to our How to Trade ESCO Stock guide.You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Complementary Tools for ESCO Stock analysis
When running ESCO Technologies' price analysis, check to measure ESCO Technologies' 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 ESCO Technologies is operating at the current time. Most of ESCO Technologies' value examination focuses on studying past and present price action to predict the probability of ESCO Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ESCO Technologies' price. Additionally, you may evaluate how the addition of ESCO Technologies to your portfolios can decrease your overall portfolio volatility.
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Is ESCO Technologies' 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 ESCO Technologies. If investors know ESCO 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 ESCO Technologies 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 (0.10) | Dividend Share 0.32 | Earnings Share 3.6 | Revenue Per Share 37.573 | Quarterly Revenue Growth 0.088 |
The market value of ESCO Technologies is measured differently than its book value, which is the value of ESCO that is recorded on the company's balance sheet. Investors also form their own opinion of ESCO Technologies' value that differs from its market value or its book value, called intrinsic value, which is ESCO Technologies' 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 ESCO Technologies' market value can be influenced by many factors that don't directly affect ESCO Technologies' 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 ESCO Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if ESCO Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ESCO Technologies' 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.