Embecta Corp Stock Market Value
| EMBC Stock | USD 13.69 0.24 1.72% |
| Symbol | Embecta |
Embecta Corp Price To Book Ratio
Is Embecta Corp'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 Embecta Corp. If investors know Embecta 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 Embecta Corp 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 1.083 | Dividend Share 0.6 | Earnings Share 1.22 | Revenue Per Share 19.715 | Quarterly Revenue Growth 0.036 |
The market value of Embecta Corp is measured differently than its book value, which is the value of Embecta that is recorded on the company's balance sheet. Investors also form their own opinion of Embecta Corp's value that differs from its market value or its book value, called intrinsic value, which is Embecta Corp'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 Embecta Corp's market value can be influenced by many factors that don't directly affect Embecta Corp'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 Embecta Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Embecta Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Embecta Corp'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.
Embecta Corp '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 Embecta Corp'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 Embecta Corp.
| 04/22/2024 |
| 05/22/2024 |
If you would invest 0.00 in Embecta Corp on April 22, 2024 and sell it all today you would earn a total of 0.00 from holding Embecta Corp or generate 0.0% return on investment in Embecta Corp over 30 days. Embecta Corp is related to or competes with West Pharmaceutical, and Alcon AG. Embecta Corp., a medical device company, focuses on the provision of various solutions to enhance the health and wellbei... More
Embecta Corp 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 Embecta Corp'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 Embecta Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.95 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 43.7 | |||
| Value At Risk | (4.50) | |||
| Potential Upside | 3.32 |
Embecta Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Embecta Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Embecta Corp's standard deviation. In reality, there are many statistical measures that can use Embecta Corp historical prices to predict the future Embecta Corp's volatility.| Risk Adjusted Performance | 0.0143 | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.62) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0132 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Embecta Corp'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.
Embecta Corp Backtested Returns
We consider Embecta Corp slightly risky. Embecta Corp secures Sharpe Ratio (or Efficiency) of 0.0038, which denotes the company had a 0.0038% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Embecta Corp, which you can use to evaluate the volatility of the firm. Please confirm Embecta Corp's Mean Deviation of 2.54, downside deviation of 2.95, and Semi Deviation of 2.74 to check if the risk estimate we provide is consistent with the expected return of 0.0206%. The firm shows a Beta (market volatility) of 3.01, 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, Embecta Corp will likely underperform. Embecta Corp right now shows a risk of 5.42%. Please confirm Embecta Corp mean deviation, standard deviation, treynor ratio, as well as the relationship between the downside deviation and total risk alpha , to decide if Embecta Corp will be following its price patterns.
Auto-correlation | -0.62 |
Very good reverse predictability
Embecta Corp has very good reverse predictability. Overlapping area represents the amount of predictability between Embecta Corp time series from 22nd of April 2024 to 7th of May 2024 and 7th of May 2024 to 22nd of May 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 Embecta Corp price movement. The serial correlation of -0.62 indicates that roughly 62.0% of current Embecta Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.62 | |
| Spearman Rank Test | -0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 2.13 |
Embecta Corp lagged returns against current returns
Autocorrelation, which is Embecta Corp 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 Embecta Corp's stock expected returns. We can calculate the autocorrelation of Embecta Corp returns to help us make a trade decision. For example, suppose you find that Embecta Corp 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 |
Embecta Corp 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 Embecta Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Embecta Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Embecta Corp stock over time.
Current vs Lagged Prices |
| Timeline |
Embecta Corp Lagged Returns
When evaluating Embecta Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Embecta Corp stock have on its future price. Embecta Corp 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, Embecta Corp autocorrelation shows the relationship between Embecta Corp stock current value and its past values and can show if there is a momentum factor associated with investing in Embecta Corp.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Embecta Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Embecta Corp's 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 Embecta Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Embecta Corp Stock:Check out Embecta Corp Correlation, Embecta Corp Volatility and Embecta Corp Alpha and Beta module to complement your research on Embecta Corp. For information on how to trade Embecta Stock refer to our How to Trade Embecta Stock guide.Note that the Embecta Corp information on this page should be used as a complementary analysis to other Embecta Corp'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 the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Complementary Tools for Embecta Stock analysis
When running Embecta Corp's price analysis, check to measure Embecta Corp'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 Embecta Corp is operating at the current time. Most of Embecta Corp's value examination focuses on studying past and present price action to predict the probability of Embecta Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Embecta Corp's price. Additionally, you may evaluate how the addition of Embecta Corp to your portfolios can decrease your overall portfolio volatility.
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Embecta Corp 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.