Ehang Holdings Stock Market Value

EH Stock  USD 17.49  0.80  4.37%   
Ehang Holdings' market value is the price at which a share of Ehang Holdings trades on a public exchange. It measures the collective expectations of Ehang Holdings investors about its performance. Ehang Holdings is trading at 17.49 as of the 21st of April 2024. This is a -4.37 percent decrease since the beginning of the trading day. The stock's open price was 18.29.
With this module, you can estimate the performance of a buy and hold strategy of Ehang Holdings and determine expected loss or profit from investing in Ehang Holdings over a given investment horizon. Check out Ehang Holdings Correlation, Ehang Holdings Volatility and Ehang Holdings Alpha and Beta module to complement your research on Ehang Holdings.
For more detail on how to invest in Ehang Stock please use our How to Invest in Ehang Holdings guide.
Symbol

Ehang Holdings Price To Book Ratio

Is Ehang Holdings' 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 Ehang Holdings. If investors know Ehang 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 Ehang Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.68)
Revenue Per Share
1.933
Quarterly Revenue Growth
2.609
Return On Assets
(0.33)
Return On Equity
(1.44)
The market value of Ehang Holdings is measured differently than its book value, which is the value of Ehang that is recorded on the company's balance sheet. Investors also form their own opinion of Ehang Holdings' value that differs from its market value or its book value, called intrinsic value, which is Ehang Holdings' 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 Ehang Holdings' market value can be influenced by many factors that don't directly affect Ehang Holdings' 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 Ehang Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ehang Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ehang Holdings' 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.

Ehang Holdings '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 Ehang Holdings' 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 Ehang Holdings.
0.00
05/02/2022
No Change 0.00  0.0 
In 1 year 11 months and 21 days
04/21/2024
0.00
If you would invest  0.00  in Ehang Holdings on May 2, 2022 and sell it all today you would earn a total of 0.00 from holding Ehang Holdings or generate 0.0% return on investment in Ehang Holdings over 720 days. Ehang Holdings is related to or competes with Archer Aviation, Vertical Aerospace, Rocket Lab, Terran Orbital, Lilium NV, Eve Holding, and Draganfly. EHang Holdings Limited operates as an autonomous aerial vehicle technology platform company in the Peoples Republic of C... More

Ehang Holdings 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 Ehang Holdings' 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 Ehang Holdings upside and downside potential and time the market with a certain degree of confidence.

Ehang Holdings Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Ehang Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ehang Holdings' standard deviation. In reality, there are many statistical measures that can use Ehang Holdings historical prices to predict the future Ehang Holdings' volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ehang Holdings' 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.
Hype
Prediction
LowEstimatedHigh
12.3918.3124.23
Details
Intrinsic
Valuation
LowRealHigh
16.2522.1728.09
Details
Naive
Forecast
LowNextHigh
10.3216.2422.16
Details
2 Analysts
Consensus
LowTargetHigh
27.7630.5033.86
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Ehang Holdings. Your research has to be compared to or analyzed against Ehang Holdings' peers to derive any actionable benefits. When done correctly, Ehang Holdings' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Ehang Holdings.

Ehang Holdings Backtested Returns

Ehang Holdings appears to be somewhat reliable, given 3 months investment horizon. Ehang Holdings secures Sharpe Ratio (or Efficiency) of 0.14, which denotes the company had a 0.14% return per unit of standard deviation over the last 3 months. By reviewing Ehang Holdings' technical indicators, you can evaluate if the expected return of 0.82% is justified by implied risk. Please utilize Ehang Holdings' Semi Deviation of 5.33, mean deviation of 4.55, and Downside Deviation of 5.57 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Ehang Holdings holds a performance score of 10. The firm shows a Beta (market volatility) of 4.25, 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, Ehang Holdings will likely underperform. Please check Ehang Holdings' semi deviation, sortino ratio, semi variance, as well as the relationship between the standard deviation and value at risk , to make a quick decision on whether Ehang Holdings' price patterns will revert.

Auto-correlation

    
  -0.4  

Poor reverse predictability

Ehang Holdings has poor reverse predictability. Overlapping area represents the amount of predictability between Ehang Holdings time series from 2nd of May 2022 to 27th of April 2023 and 27th of April 2023 to 21st 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 Ehang Holdings price movement. The serial correlation of -0.4 indicates that just about 40.0% of current Ehang Holdings price fluctuation can be explain by its past prices.
Correlation Coefficient-0.4
Spearman Rank Test-0.05
Residual Average0.0
Price Variance10.89

Ehang Holdings lagged returns against current returns

Autocorrelation, which is Ehang Holdings 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 Ehang Holdings' stock expected returns. We can calculate the autocorrelation of Ehang Holdings returns to help us make a trade decision. For example, suppose you find that Ehang Holdings 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  

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

Ehang Holdings Lagged Returns

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

Ehang Holdings Investors Sentiment

The influence of Ehang Holdings' 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 Ehang. 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 market does not have solid backing from leading economists and market statisticians.
Investor biases related to Ehang Holdings' public news can be used to forecast risks associated with an investment in Ehang. The trend in average sentiment can be used to explain how an investor holding Ehang can time the market purely based on public headlines and social activities around Ehang Holdings. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Ehang Holdings' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Ehang Holdings' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Ehang Holdings' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Ehang Holdings.
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 Ehang Holdings 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, Ehang Holdings' short interest history, or implied volatility extrapolated from Ehang Holdings options trading.

Pair Trading with Ehang Holdings

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 Ehang Holdings 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 Ehang Holdings will appreciate offsetting losses from the drop in the long position's value.

Moving together with Ehang Stock

  0.83CW Curtiss Wright Financial Report 1st of May 2024 PairCorr
  0.74GD General Dynamics Earnings Call This WeekPairCorr

Moving against Ehang Stock

  0.92AZ A2Z Smart TechnologiesPairCorr
  0.79BA Boeing Earnings Call This WeekPairCorr
  0.55EVEX Eve Holding Financial Report 14th of May 2024 PairCorr
  0.5CVU CPI AerostructuresPairCorr
  0.46DPRO Draganfly Financial Report 14th of May 2024 PairCorr
The ability to find closely correlated positions to Ehang Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ehang Holdings 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 Ehang Holdings - 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 Ehang Holdings to buy it.
The correlation of Ehang Holdings 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 Ehang Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ehang Holdings 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 Ehang Holdings 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
When determining whether Ehang Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ehang Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ehang Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ehang Holdings Stock:
Check out Ehang Holdings Correlation, Ehang Holdings Volatility and Ehang Holdings Alpha and Beta module to complement your research on Ehang Holdings.
For more detail on how to invest in Ehang Stock please use our How to Invest in Ehang Holdings guide.
Note that the Ehang Holdings information on this page should be used as a complementary analysis to other Ehang Holdings' 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 the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

Complementary Tools for Ehang Stock analysis

When running Ehang Holdings' price analysis, check to measure Ehang Holdings' 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 Ehang Holdings is operating at the current time. Most of Ehang Holdings' value examination focuses on studying past and present price action to predict the probability of Ehang Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ehang Holdings' price. Additionally, you may evaluate how the addition of Ehang Holdings to your portfolios can decrease your overall portfolio volatility.
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Transaction History
View history of all your transactions and understand their impact on performance
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Ehang Holdings 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 Ehang Holdings technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Ehang Holdings 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...