Eagle Stock Market Value

EGLE -  USA Stock  

USD 63.78  3.22  4.81%

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


Is Eagle Bulk'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 Eagle Bulk. If investors know Eagle 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 Eagle Bulk listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Eagle Bulk Ship is measured differently than its book value, which is the value of Eagle that is recorded on the company's balance sheet. Investors also form their own opinion of Eagle Bulk's value that differs from its market value or its book value, called intrinsic value, which is Eagle Bulk'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 Eagle Bulk's market value can be influenced by many factors that don't directly affect Eagle Bulk'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 Eagle Bulk's value and its price as these two are different measures arrived at by different means. Investors typically determine Eagle Bulk value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eagle Bulk'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.

Eagle Bulk '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 Eagle Bulk'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 Eagle Bulk.
0.00
03/18/2022
No Change 0.00  0.0 
In 2 months and 1 day
05/17/2022
0.00
If you would invest  0.00  in Eagle Bulk on March 18, 2022 and sell it all today you would earn a total of 0.00 from holding Eagle Bulk Ship or generate 0.0% return on investment in Eagle Bulk over 60 days. Eagle Bulk is related to or competes with Diana Shipping, Global Ship, Kirby Corp, Nordic American, Stealthgas, International Seaways, and Globus Maritime. Eagle Bulk Shipping Inc. engages in the ocean transportation of dry bulk cargoes worldwide

Eagle Bulk 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 Eagle Bulk'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 Eagle Bulk Ship upside and downside potential and time the market with a certain degree of confidence.

Eagle Bulk Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Eagle Bulk's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Eagle Bulk's standard deviation. In reality, there are many statistical measures that can use Eagle Bulk historical prices to predict the future Eagle Bulk's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Eagle Bulk'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. Please use the tools below to analyze the current value of Eagle Bulk in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
54.7059.6364.56
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Intrinsic
Valuation
LowReal ValueHigh
55.5260.4565.38
Details
5 Analysts
Consensus
LowTarget PriceHigh
60.0070.2084.00
Details
Earnings
Estimates (1)
LowProjected EPSHigh
12.8712.8712.87
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Eagle Bulk. Your research has to be compared to or analyzed against Eagle Bulk's peers to derive any actionable benefits. When done correctly, Eagle Bulk's 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 Eagle Bulk Ship.

Eagle Bulk Ship Backtested Returns

Eagle Bulk appears to be very steady, given 3 months investment horizon. Eagle Bulk Ship secures Sharpe Ratio (or Efficiency) of 0.13, which denotes the company had 0.13% of return per unit of risk over the last 3 months. Our standpoint towards predicting the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. By reviewing Eagle Bulk Ship technical indicators you can presently evaluate if the expected return of 0.62% is justified by implied risk. Please utilize Eagle Bulk's Mean Deviation of 3.64, downside deviation of 5.21, and Coefficient Of Variation of 842.92 to check if our risk estimates are consistent with your expectations.
On a scale of 0 to 100, Eagle Bulk holds a performance score of 9. The firm shows a Beta (market volatility) of 0.4572, which means possible diversification benefits within a given portfolio. Let's try to break down what Eagle's beta means in this case. As returns on the market increase, Eagle Bulk returns are expected to increase less than the market. However, during the bear market, the loss on holding Eagle Bulk will be expected to be smaller as well. Although it is vital to follow Eagle Bulk Ship historical returns, it is good to be conservative about what you can do with the information regarding equity current trending patterns. The philosophy towards 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. We have found twenty-one technical indicators for Eagle Bulk Ship, which you can use to evaluate the performance of the firm. Please utilizes Eagle Bulk Ship coefficient of variation, maximum drawdown, skewness, as well as the relationship between the information ratio and downside variance to make a quick decision on whether Eagle Bulk price patterns will revert.

Auto-correlation

    
  -0.21  

Weak reverse predictability

Eagle Bulk Ship has weak reverse predictability. Overlapping area represents the amount of predictability between Eagle Bulk time series from 18th of March 2022 to 17th of April 2022 and 17th of April 2022 to 17th of May 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Eagle Bulk Ship price movement. The serial correlation of -0.21 indicates that over 21.0% of current Eagle Bulk price fluctuation can be explain by its past prices.
Correlation Coefficient-0.21
Spearman Rank Test0.18
Residual Average0.0
Price Variance11.82

Eagle Bulk Ship lagged returns against current returns

Autocorrelation, which is Eagle Bulk 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 Eagle Bulk's stock expected returns. We can calculate the autocorrelation of Eagle Bulk returns to help us make a trade decision. For example, suppose you find that Eagle Bulk 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 
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Eagle Bulk 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 Eagle Bulk stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Eagle Bulk stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Eagle Bulk stock over time.
 Current vs Lagged Prices 
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      Timeline 

Eagle Bulk Lagged Returns

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

Eagle Bulk Investors Sentiment

The influence of Eagle Bulk's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Eagle. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Eagle Bulk Implied Volatility

    
  76.02  
Eagle Bulk's implied volatility exposes the market's sentiment of Eagle Bulk Ship stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Eagle Bulk's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Eagle Bulk stock will not fluctuate a lot when Eagle Bulk's options are near their expiration.
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 Eagle Bulk 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, Eagle Bulk's short interest history, or implied volatility extrapolated from Eagle Bulk options trading.

Current Sentiment - EGLE

Eagle Bulk Ship Investor Sentiment

Most of Macroaxis users are currently bullish on Eagle Bulk Ship. What is your opinion about investing in Eagle Bulk Ship? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
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Pair Trading with Eagle Bulk

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 Eagle Bulk 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 Eagle Bulk will appreciate offsetting losses from the drop in the long position's value.

Eagle Bulk Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Eagle Bulk could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eagle Bulk 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 Eagle Bulk - 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 Eagle Bulk Ship to buy it.
The correlation of Eagle Bulk is a statistical measure of how it moves in relation to other equities. 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 Eagle Bulk moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eagle Bulk Ship 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 Eagle Bulk 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.
Pair CorrelationCorrelation Matching
Continue to Eagle Bulk Hype Analysis, Eagle Bulk Correlation, Eagle Bulk Valuation, Eagle Bulk Volatility, as well as analyze Eagle Bulk Alpha and Beta and Eagle Bulk Performance. Note that the Eagle Bulk Ship information on this page should be used as a complementary analysis to other Eagle Bulk'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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

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When running Eagle Bulk Ship price analysis, check to measure Eagle Bulk'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 Eagle Bulk is operating at the current time. Most of Eagle Bulk's value examination focuses on studying past and present price action to predict the probability of Eagle Bulk's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Eagle Bulk's price. Additionally, you may evaluate how the addition of Eagle Bulk to your portfolios can decrease your overall portfolio volatility.
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Eagle Bulk 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 Eagle Bulk technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Eagle Bulk 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...