Erecord Management Stock Market Value
| ERMG Stock | USD 0.0002 0.00 0.00% |
| Symbol | ERecord |
ERecord Management Company Valuation
Is Electronic Equipment, Instruments & Components 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 ERecord Management. If investors know ERecord 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 ERecord Management listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share 1.148 | Quarterly Revenue Growth (1.00) | Return On Assets (0.51) | Return On Equity (1.15) |
The market value of ERecord Management is measured differently than its book value, which is the value of ERecord that is recorded on the company's balance sheet. Investors also form their own opinion of ERecord Management's value that differs from its market value or its book value, called intrinsic value, which is ERecord Management'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 ERecord Management's market value can be influenced by many factors that don't directly affect ERecord Management'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 ERecord Management's value and its price as these two are different measures arrived at by different means. Investors typically determine if ERecord Management is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ERecord Management'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.
ERecord Management '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 ERecord Management'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 ERecord Management.
| 08/19/2023 |
| 12/11/2024 |
If you would invest 0.00 in ERecord Management on August 19, 2023 and sell it all today you would earn a total of 0.00 from holding ERecord Management or generate 0.0% return on investment in ERecord Management over 480 days. ERecord Management is related to or competes with Harmony Gold, Broadstone Net, FTAI Aviation, and Reservoir Media. ERecord Management, Inc. operates as a healthcare consulting company More
ERecord Management 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 ERecord Management'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 ERecord Management upside and downside potential and time the market with a certain degree of confidence.
ERecord Management Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ERecord Management's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ERecord Management's standard deviation. In reality, there are many statistical measures that can use ERecord Management historical prices to predict the future ERecord Management's volatility.ERecord Management Backtested Returns
We have found three technical indicators for ERecord Management, which you can use to evaluate the volatility of the firm. The firm shows a Beta (market volatility) of 0.0, which means not very significant fluctuations relative to the market. the returns on MARKET and ERecord Management are completely uncorrelated.
Auto-correlation | 1.00 |
Perfect predictability
ERecord Management has perfect predictability. Overlapping area represents the amount of predictability between ERecord Management time series from 19th of August 2023 to 15th of April 2024 and 15th of April 2024 to 11th 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 ERecord Management price movement. The serial correlation of 1.0 indicates that 100.0% of current ERecord Management price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
ERecord Management lagged returns against current returns
Autocorrelation, which is ERecord Management 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 ERecord Management's stock expected returns. We can calculate the autocorrelation of ERecord Management returns to help us make a trade decision. For example, suppose you find that ERecord Management 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 |
ERecord Management 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 ERecord Management stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ERecord Management stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ERecord Management stock over time.
Current vs Lagged Prices |
| Timeline |
ERecord Management Lagged Returns
When evaluating ERecord Management's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ERecord Management stock have on its future price. ERecord Management 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, ERecord Management autocorrelation shows the relationship between ERecord Management stock current value and its past values and can show if there is a momentum factor associated with investing in ERecord Management.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether ERecord Management is a strong investment it is important to analyze ERecord Management'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 ERecord Management's future performance. For an informed investment choice regarding ERecord Stock, refer to the following important reports:Check out ERecord Management Correlation, ERecord Management Volatility and ERecord Management Alpha and Beta module to complement your research on ERecord Management. For more detail on how to invest in ERecord Stock please use our How to Invest in ERecord Management guide.You can also try the Stocks Directory module to find actively traded stocks across global markets.
ERecord Management 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.