Echostar Stock Market Value

SATS Stock  USD 14.25  0.24  1.71%   
EchoStar's market value is the price at which a share of EchoStar trades on a public exchange. It measures the collective expectations of EchoStar investors about its performance. EchoStar is selling for under 14.25 as of the 28th of March 2024; that is 1.71 percent up since the beginning of the trading day. The stock's lowest day price was 13.92.
With this module, you can estimate the performance of a buy and hold strategy of EchoStar and determine expected loss or profit from investing in EchoStar over a given investment horizon. Check out EchoStar Correlation, EchoStar Volatility and EchoStar Alpha and Beta module to complement your research on EchoStar.
For more information on how to buy EchoStar Stock please use our How to Invest in EchoStar guide.
Symbol

EchoStar Price To Book Ratio

Is EchoStar'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 EchoStar. If investors know EchoStar 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 EchoStar 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
(0.86)
Earnings Share
(6.28)
Revenue Per Share
62.825
Quarterly Revenue Growth
(0.08)
Return On Assets
0.0052
The market value of EchoStar is measured differently than its book value, which is the value of EchoStar that is recorded on the company's balance sheet. Investors also form their own opinion of EchoStar's value that differs from its market value or its book value, called intrinsic value, which is EchoStar'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 EchoStar's market value can be influenced by many factors that don't directly affect EchoStar'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 EchoStar's value and its price as these two are different measures arrived at by different means. Investors typically determine if EchoStar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EchoStar'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.

EchoStar '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 EchoStar'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 EchoStar.
0.00
02/27/2024
No Change 0.00  0.0 
In 31 days
03/28/2024
0.00
If you would invest  0.00  in EchoStar on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding EchoStar or generate 0.0% return on investment in EchoStar over 30 days. EchoStar is related to or competes with Desktop Metal, Fabrinet, Kimball Electronics, Knowles Cor, Minim, Moving IMage, and Markforged Holding. EchoStar Corporation, together with its subsidiaries, provides networking technologies and services worldwide More

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

EchoStar Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for EchoStar's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as EchoStar's standard deviation. In reality, there are many statistical measures that can use EchoStar historical prices to predict the future EchoStar's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of EchoStar'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.
Hype
Prediction
LowEstimatedHigh
8.1014.0520.00
Details
Intrinsic
Valuation
LowRealHigh
12.9618.9124.86
Details
Naive
Forecast
LowNextHigh
6.9812.9218.87
Details
8 Analysts
Consensus
LowTargetHigh
32.3135.5039.41
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as EchoStar. Your research has to be compared to or analyzed against EchoStar's peers to derive any actionable benefits. When done correctly, EchoStar's 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 EchoStar.

EchoStar Backtested Returns

EchoStar secures Sharpe Ratio (or Efficiency) of -0.0193, which denotes the company had a -0.0193% return per unit of risk over the last 3 months. EchoStar exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm EchoStar's Coefficient Of Variation of 3920.81, mean deviation of 3.62, and Downside Deviation of 4.21 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.68, 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, EchoStar will likely underperform. EchoStar has an expected return of -0.11%. Please make sure to confirm EchoStar treynor ratio, as well as the relationship between the expected short fall and day median price , to decide if EchoStar performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.01  

Very weak reverse predictability

EchoStar has very weak reverse predictability. Overlapping area represents the amount of predictability between EchoStar time series from 27th of February 2024 to 13th of March 2024 and 13th of March 2024 to 28th of March 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 EchoStar price movement. The serial correlation of -0.01 indicates that just 1.0% of current EchoStar price fluctuation can be explain by its past prices.
Correlation Coefficient-0.01
Spearman Rank Test-0.15
Residual Average0.0
Price Variance0.53

EchoStar lagged returns against current returns

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

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

EchoStar Lagged Returns

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

Currently Active Assets on Macroaxis

When determining whether EchoStar is a strong investment it is important to analyze EchoStar's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact EchoStar's future performance. For an informed investment choice regarding EchoStar Stock, refer to the following important reports:
Check out EchoStar Correlation, EchoStar Volatility and EchoStar Alpha and Beta module to complement your research on EchoStar.
For more information on how to buy EchoStar Stock please use our How to Invest in EchoStar guide.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

Complementary Tools for EchoStar Stock analysis

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