Ehang Holdings Stock Market Value
| EH Stock | USD 12.79 0.37 2.98% |
| Symbol | Ehang |
Ehang Holdings Price To Book Ratio
Is Aerospace & Defense space 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 (0.62) | Revenue Per Share 2.536 | Quarterly Revenue Growth 1.78 | Return On Assets (0.33) | Return On Equity (1.54) |
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.
| 04/27/2024 |
| 07/26/2024 |
If you would invest 0.00 in Ehang Holdings on April 27, 2024 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 90 days. Ehang Holdings is related to or competes with Archer Aviation, Vertical Aerospace, Rocket Lab, Terran Orbital, Lilium NV, Astra Space, and Eve Holding. 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.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 19.16 | |||
| Value At Risk | (5.13) | |||
| Potential Upside | 4.42 |
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.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.49) | |||
| Total Risk Alpha | (0.73) | |||
| Treynor Ratio | (0.40) |
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.
Ehang Holdings Backtested Returns
Ehang Holdings secures Sharpe Ratio (or Efficiency) of -0.16, which denotes the company had a -0.16% return per unit of standard deviation over the last 3 months. Ehang Holdings exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ehang Holdings' Coefficient Of Variation of (832.76), mean deviation of 2.59, and Standard Deviation of 3.45 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.07, which means a somewhat significant risk relative to the market. Ehang Holdings returns are very sensitive to returns on the market. As the market goes up or down, Ehang Holdings is expected to follow. At this point, Ehang Holdings has a negative expected return of -0.55%. Please make sure to confirm Ehang Holdings' maximum drawdown, rate of daily change, and the relationship between the jensen alpha and kurtosis , to decide if Ehang Holdings performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.27 |
Poor predictability
Ehang Holdings has poor predictability. Overlapping area represents the amount of predictability between Ehang Holdings time series from 27th of April 2024 to 11th of June 2024 and 11th of June 2024 to 26th of July 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 0.27 indicates that nearly 27.0% of current Ehang Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.27 | |
| Spearman Rank Test | 0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 1.03 |
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 |
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Additional Information and Resources on Investing in Ehang Stock
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.You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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.