Eagle Point Credit Stock Market Value
| ECCV Stock | USD 22.89 0.06 0.26% |
| Symbol | Eagle |
Eagle Point Credit Price To Book Ratio
Is Stock 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 Eagle Point. If investors know Eagle 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 Eagle Point 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 Eagle Point Credit is measured differently than its book value, which is the value of Eagle that is recorded on the company's balance sheet. Investors also form their own opinion of Eagle Point's value that differs from its market value or its book value, called intrinsic value, which is Eagle Point'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 Eagle Point's market value can be influenced by many factors that don't directly affect Eagle Point'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 Eagle Point's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eagle Point is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eagle Point'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.
Eagle Point '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 Eagle Point'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 Eagle Point.
| 06/21/2024 |
| 12/18/2024 |
If you would invest 0.00 in Eagle Point on June 21, 2024 and sell it all today you would earn a total of 0.00 from holding Eagle Point Credit or generate 0.0% return on investment in Eagle Point over 180 days. Eagle Point is related to or competes with Eagle Point, Oxford Lane, Babcock Wilcox, and B Riley. Eagle Point is entity of United States. It is traded as Stock on NYSE exchange. More
Eagle Point 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 Eagle Point'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 Eagle Point Credit upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2547 | |||
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 1.54 | |||
| Value At Risk | (0.44) | |||
| Potential Upside | 0.4842 |
Eagle Point Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Eagle Point's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Eagle Point's standard deviation. In reality, there are many statistical measures that can use Eagle Point historical prices to predict the future Eagle Point's volatility.| Risk Adjusted Performance | 0.0576 | |||
| Jensen Alpha | 0.0216 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | (0.15) | |||
| Treynor Ratio | (0.68) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Eagle Point'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.
Eagle Point Credit Backtested Returns
At this stage we consider Eagle Stock to be very steady. Eagle Point Credit secures Sharpe Ratio (or Efficiency) of 0.0788, which denotes the company had a 0.0788% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Eagle Point Credit, which you can use to evaluate the volatility of the firm. Please confirm Eagle Point's Mean Deviation of 0.2185, coefficient of variation of 1012.01, and Downside Deviation of 0.2547 to check if the risk estimate we provide is consistent with the expected return of 0.0231%. Eagle Point has a performance score of 6 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0294, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Eagle Point are expected to decrease at a much lower rate. During the bear market, Eagle Point is likely to outperform the market. Eagle Point Credit right now shows a risk of 0.29%. Please confirm Eagle Point Credit value at risk, and the relationship between the jensen alpha and skewness , to decide if Eagle Point Credit will be following its price patterns.
Auto-correlation | 0.17 |
Very weak predictability
Eagle Point Credit has very weak predictability. Overlapping area represents the amount of predictability between Eagle Point time series from 21st of June 2024 to 19th of September 2024 and 19th of September 2024 to 18th of December 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 Eagle Point Credit price movement. The serial correlation of 0.17 indicates that over 17.0% of current Eagle Point price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.17 | |
| Spearman Rank Test | 0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Eagle Point Credit lagged returns against current returns
Autocorrelation, which is Eagle Point 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 Eagle Point's stock expected returns. We can calculate the autocorrelation of Eagle Point returns to help us make a trade decision. For example, suppose you find that Eagle Point 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 |
Eagle Point 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 Eagle Point stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Eagle Point stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Eagle Point stock over time.
Current vs Lagged Prices |
| Timeline |
Eagle Point Lagged Returns
When evaluating Eagle Point's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Eagle Point stock have on its future price. Eagle Point 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, Eagle Point autocorrelation shows the relationship between Eagle Point stock current value and its past values and can show if there is a momentum factor associated with investing in Eagle Point Credit.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Eagle Stock Analysis
When running Eagle Point's price analysis, check to measure Eagle Point'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 Eagle Point is operating at the current time. Most of Eagle Point's value examination focuses on studying past and present price action to predict the probability of Eagle Point's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eagle Point's price. Additionally, you may evaluate how the addition of Eagle Point to your portfolios can decrease your overall portfolio volatility.