Edap Tms Stock Market Value

EDAP -  USA Stock  

USD 6.05  0.03  0.50%

Edap Tms' market value is the price at which a share of Edap Tms stock trades on a public exchange. It measures the collective expectations of Edap Tms Sa investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Edap Tms Sa and determine expected loss or profit from investing in Edap Tms over a given investment horizon. Continue to Edap Tms Hype Analysis, Edap Tms Correlation, Edap Tms Valuation, Edap Tms Volatility, as well as analyze Edap Tms Alpha and Beta and Edap Tms Performance.
Symbol
Backtest


The market value of Edap Tms Sa is measured differently than its book value, which is the value of Edap Tms that is recorded on the company's balance sheet. Investors also form their own opinion of Edap Tms' value that differs from its market value or its book value, called intrinsic value, which is Edap Tms' 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 Edap Tms' market value can be influenced by many factors that don't directly affect Edap Tms Sa underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Edap Tms' value and its price as these two are different measures arrived at by different means. Investors typically determine Edap Tms value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Edap Tms' 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.

Edap Tms '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 Edap Tms' 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 Edap Tms.
0.00
10/22/2020
No Change 0.00  0.0 
In 11 months and 27 days
10/17/2021
0.00
If you would invest  0.00  in Edap Tms on October 22, 2020 and sell it all today you would earn a total of 0.00 from holding Edap Tms Sa or generate 0.0% return on investment in Edap Tms over 360 days. Edap Tms is related to or competes with Bio-Rad Laboratories. EDAP TMS S.A., together with its subsidiaries, develops, produces, markets, distributes, and maintains a portfolio of mi...

Edap Tms 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 Edap Tms' 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 Edap Tms Sa upside and downside potential and time the market with a certain degree of confidence.

Edap Tms Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Edap Tms' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Edap Tms' standard deviation. In reality, there are many statistical measures that can use Edap Tms historical prices to predict the future Edap Tms' volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Edap Tms' 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. Please use the tools below to analyze the current value of Edap Tms in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
3.756.058.35
Details
Intrinsic
Valuation
LowReal ValueHigh
5.167.469.76
Details
3 Analysts
Consensus
LowTarget PriceHigh
12.0012.6713.00
Details
Earnings
Estimates (3)
LowProjected EPSHigh
0.050.080.13
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Edap Tms. Your research has to be compared to or analyzed against Edap Tms' peers to derive any actionable benefits. When done correctly, Edap Tms' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Edap Tms Sa.

Edap Tms Sa Backtested Returns

We consider Edap Tms somewhat reliable. Edap Tms Sa secures Sharpe Ratio (or Efficiency) of 0.0404, which denotes the company had 0.0404% of return per unit of standard deviation over the last 3 months. Our philosophy in predicting the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for Edap Tms Sa, which you can use to evaluate the future volatility of the firm. Please confirm Edap Tms Sa Mean Deviation of 1.65, downside deviation of 2.6, and Semi Deviation of 2.27 to check if the risk estimate we provide is consistent with the expected return of 0.0925%.
Edap Tms has performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.1695, which means not very significant fluctuations relative to the market. Let's try to break down what Edap Tms's beta means in this case. As returns on the market increase, Edap Tms returns are expected to increase less than the market. However, during the bear market, the loss on holding Edap Tms will be expected to be smaller as well. Although it is extremely important to respect Edap Tms Sa historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy in predicting future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By reviewing Edap Tms Sa technical indicators, you can presently evaluate if the expected return of 0.0925% will be sustainable into the future. Edap Tms Sa right now shows a risk of 2.29%. Please confirm Edap Tms Sa value at risk, daily balance of power, and the relationship between the total risk alpha and expected short fall to decide if Edap Tms Sa will be following its price patterns.
AdviceVolatility TrendExposureCorrelations

Auto-correlation

    
  (0.69)   

Very good reverse predictability

Edap Tms Sa has very good reverse predictability. Overlapping area represents the amount of predictability between Edap Tms time series from 22nd of October 2020 to 20th of April 2021 and 20th of April 2021 to 17th of October 2021. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Edap Tms Sa price movement. The serial correlation of -0.69 indicates that around 69.0% of current Edap Tms price fluctuation can be explain by its past prices. Given that Edap Tms Sa has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Edap Tms for similar time interval.
Correlation Coefficient-0.69
Spearman Rank Test-0.48
Residual Average0.0
Price Variance0.29

Edap Tms Sa lagged returns against current returns

Autocorrelation, which is Edap Tms 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 Edap Tms' stock expected returns. We can calculate the autocorrelation of Edap Tms returns to help us make a trade decision. For example, suppose you find that Edap Tms stock 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 stock movement to match the lagging time series.
 Current and Lagged Values 
Share
      Timeline 

Edap Tms 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 Edap Tms stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Edap Tms stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Edap Tms stock over time.
 Current vs Lagged Prices 
Share
      Timeline 

Edap Tms Lagged Returns

When evaluating Edap Tms' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Edap Tms stock have on its future price. Edap Tms 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, Edap Tms autocorrelation shows the relationship between Edap Tms stock current value and its past values and can show if there is a momentum factor associated with investing in Edap Tms Sa.
 Regressed Prices 
Share
      Timeline 

Be your own money manager

Our tools can tell you how much better you can do entering a position in Edap Tms without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Risk-Return Analysis Now

   

Risk-Return Analysis

View associations between returns expected from investment and the risk you assume
All  Next Launch Module

Pair Trading with Edap Tms

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 Edap Tms 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 Edap Tms will appreciate offsetting losses from the drop in the long position's value.

Edap Tms Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Edap Tms and Bio-Rad Laboratories. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
Run Pair Correlation  
Continue to Edap Tms Hype Analysis, Edap Tms Correlation, Edap Tms Valuation, Edap Tms Volatility, as well as analyze Edap Tms Alpha and Beta and Edap Tms Performance. Note that the Edap Tms Sa information on this page should be used as a complementary analysis to other Edap Tms' 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 Global Correlations module to find global opportunities by holding instruments from different markets.

Complementary Tools for Edap Tms Stock analysis

When running Edap Tms Sa price analysis, check to measure Edap Tms' 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 Edap Tms is operating at the current time. Most of Edap Tms' value examination focuses on studying past and present price action to predict the probability of Edap Tms' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Edap Tms' price. Additionally, you may evaluate how the addition of Edap Tms to your portfolios can decrease your overall portfolio volatility.
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Go
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Go
Analyst Recommendations
Analyst recommendations and target price estimates broken down by several categories
Go
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Go
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Go
Edap Tms 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.
A focus of Edap Tms technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Edap Tms trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...