Empress Royalty Corp Stock Market Value

EMPR Stock  CAD 0.34  0.01  2.86%   
Empress Royalty's market value is the price at which a share of Empress Royalty trades on a public exchange. It measures the collective expectations of Empress Royalty Corp investors about its performance. Empress Royalty is selling for under 0.34 as of the 4th of December 2024; that is 2.86% down since the beginning of the trading day. The stock's lowest day price was 0.34.
With this module, you can estimate the performance of a buy and hold strategy of Empress Royalty Corp and determine expected loss or profit from investing in Empress Royalty over a given investment horizon. Check out Empress Royalty Correlation, Empress Royalty Volatility and Empress Royalty Alpha and Beta module to complement your research on Empress Royalty.
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Empress Royalty Corp Price To Book Ratio

Please note, there is a significant difference between Empress Royalty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Empress Royalty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Empress Royalty'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.

Empress Royalty '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 Empress Royalty'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 Empress Royalty.
0.00
11/04/2024
No Change 0.00  0.0 
In 31 days
12/04/2024
0.00
If you would invest  0.00  in Empress Royalty on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding Empress Royalty Corp or generate 0.0% return on investment in Empress Royalty over 30 days. Empress Royalty is related to or competes with Elemental Royalties, Metalla Royalty, and Orogen Royalties. Empress Royalty Corp. acquires royalty and streaming interests in precious metal mines and mining projects More

Empress Royalty 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 Empress Royalty'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 Empress Royalty Corp upside and downside potential and time the market with a certain degree of confidence.

Empress Royalty Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Empress Royalty's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Empress Royalty's standard deviation. In reality, there are many statistical measures that can use Empress Royalty historical prices to predict the future Empress Royalty's volatility.
Hype
Prediction
LowEstimatedHigh
0.020.343.98
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Intrinsic
Valuation
LowRealHigh
0.020.313.95
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Naive
Forecast
LowNextHigh
0.010.364.00
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Earnings
Estimates (0)
LowProjected EPSHigh
0.000.000.00
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Empress Royalty Corp Backtested Returns

Empress Royalty Corp secures Sharpe Ratio (or Efficiency) of -0.0623, which denotes the company had a -0.0623% return per unit of risk over the last 3 months. Empress Royalty Corp exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Empress Royalty's Variance of 13.26, standard deviation of 3.64, and Mean Deviation of 2.81 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.62, which means possible diversification benefits within a given portfolio. As returns on the market increase, Empress Royalty's returns are expected to increase less than the market. However, during the bear market, the loss of holding Empress Royalty is expected to be smaller as well. At this point, Empress Royalty Corp has a negative expected return of -0.23%. Please make sure to confirm Empress Royalty's treynor ratio, value at risk, skewness, as well as the relationship between the maximum drawdown and potential upside , to decide if Empress Royalty Corp performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.38  

Below average predictability

Empress Royalty Corp has below average predictability. Overlapping area represents the amount of predictability between Empress Royalty time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th 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 Empress Royalty Corp price movement. The serial correlation of 0.38 indicates that just about 38.0% of current Empress Royalty price fluctuation can be explain by its past prices.
Correlation Coefficient0.38
Spearman Rank Test0.18
Residual Average0.0
Price Variance0.0

Empress Royalty Corp lagged returns against current returns

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

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

Empress Royalty Lagged Returns

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

Thematic Opportunities

Explore Investment Opportunities

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Additional Tools for Empress Stock Analysis

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