Ebang Stock Performance

EBON -  USA Stock  

USD 2.05  0.07  3.30%

The firm shows a Beta (market volatility) of 1.8714, which means a somewhat significant risk relative to the market. Let's try to break down what Ebang's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Ebang International will likely underperform. Even though it is essential to pay attention to Ebang International historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy in predicting any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Ebang International Holdings exposes twenty-seven different technical indicators, which can help you to evaluate its performance. Ebang International has an expected return of -0.0094%. Please be advised to confirm Ebang International treynor ratio, and the relationship between the coefficient of variation and semi variance to decide if Ebang International performance from the past will be repeated at some point in the near future.

Ebang Stock Performance 

Ebang Performance
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Over the last 90 days Ebang International Holdings has generated negative risk-adjusted returns adding no value to investors with long positions. Despite quite persistent basic indicators, Ebang International is not utilizing all of its potentials. The new stock price mess, may contribute to short-term losses for the institutional investors. ...more

Ebang Price Channel

Quick Ratio1.80
Fifty Two Week Low1.6200
Fifty Two Week High13.7000

Ebang International Relative Risk vs. Return Landscape

If you would invest  221.00  in Ebang International Holdings on July 30, 2021 and sell it today you would lose (16.00)  from holding Ebang International Holdings or give up 7.24% of portfolio value over 90 days. Ebang International Holdings is currently does not generate positive expected returns and assumes 4.73% risk (volatility on return distribution) over the 90 days horizon. In different words, 40% of stocks are less volatile than Ebang, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
 Daily Expected Return (%) 
      Risk (%) 
Given the investment horizon of 90 days Ebang International is expected to under-perform the market. In addition to that, the company is 6.63 times more volatile than its market benchmark. It trades about 0.0 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.04 per unit of volatility.

Ebang International Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Ebang International's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Ebang International Holdings, and traders can use it to determine the average amount a Ebang International's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.002

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Negative ReturnsEBON
Estimated Market Risk
  actual daily
 40 %
of total potential
Expected Return
  actual daily
 0 %
of total potential
Risk-Adjusted Return
  actual daily
 0 %
of total potential
Based on monthly moving average Ebang International is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Ebang International by adding it to a well-diversified portfolio.

About Ebang International Performance

To evaluate Ebang International Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Ebang International generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Ebang Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Ebang International stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents Ebang's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Ebang International Holdings Inc., through its subsidiaries, engages in the research, design, and development of application-specific integrated circuit chips and manufacture of Bitcoin mining machines in China, the United States, Hong Kong, and internationally. Ebang International Holdings Inc. was incorporated in 2018 and is headquartered in Hangzhou, China. Ebang International operates under Computer Hardware classification in the United States and is traded on NASDAQ Exchange. It employs 205 people.

Things to note about Ebang International

Checking the ongoing alerts about Ebang International for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Ebang International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Ebang International Alerts

Equity Alerts and Improvement Suggestions

Ebang International generated a negative expected return over the last 90 days
Ebang International has high historical volatility and very poor performance
Ebang International has high likelihood to experience some financial distress in the next 2 years
The company reported the previous year's revenue of 19 M. Net Loss for the year was (30.68 M) with loss before overhead, payroll, taxes, and interest of (2.9 M).
Ebang International Holdings currently holds about 54.5 M in cash with (15.83 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.29.
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Continue to Investing Opportunities. Note that the Ebang International information on this page should be used as a complementary analysis to other Ebang International'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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.

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When running Ebang International price analysis, check to measure Ebang International'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 Ebang International is operating at the current time. Most of Ebang International's value examination focuses on studying past and present price action to predict the probability of Ebang International's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Ebang International's price. Additionally, you may evaluate how the addition of Ebang International to your portfolios can decrease your overall portfolio volatility.
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Is Ebang International'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 Ebang International. If investors know Ebang 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 Ebang International 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 Ebang International is measured differently than its book value, which is the value of Ebang that is recorded on the company's balance sheet. Investors also form their own opinion of Ebang International's value that differs from its market value or its book value, called intrinsic value, which is Ebang International'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 Ebang International's market value can be influenced by many factors that don't directly affect Ebang International'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 Ebang International's value and its price as these two are different measures arrived at by different means. Investors typically determine Ebang International value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ebang International'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.