Esh Acquisition Corp Stock Market Value
| ESHAR Stock | 0.09 0.01 10.00% |
| Symbol | ESH |
Is Trading 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 ESH Acquisition. If investors know ESH 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 ESH Acquisition 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 ESH Acquisition Corp is measured differently than its book value, which is the value of ESH that is recorded on the company's balance sheet. Investors also form their own opinion of ESH Acquisition's value that differs from its market value or its book value, called intrinsic value, which is ESH Acquisition'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 ESH Acquisition's market value can be influenced by many factors that don't directly affect ESH Acquisition'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 ESH Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if ESH Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ESH Acquisition'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.
ESH Acquisition '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 ESH Acquisition'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 ESH Acquisition.
| 11/14/2024 |
| 12/14/2024 |
If you would invest 0.00 in ESH Acquisition on November 14, 2024 and sell it all today you would earn a total of 0.00 from holding ESH Acquisition Corp or generate 0.0% return on investment in ESH Acquisition over 30 days. ESH Acquisition is related to or competes with Kura Sushi, Dennys Corp, Rackspace Technology, Qualys, and RCI Hospitality. ESH Acquisition is entity of United States More
ESH Acquisition 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 ESH Acquisition'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 ESH Acquisition Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 12.83 | |||
| Information Ratio | 0.0309 | |||
| Maximum Drawdown | 82.22 | |||
| Value At Risk | (18.09) | |||
| Potential Upside | 47.06 |
ESH Acquisition Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ESH Acquisition's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ESH Acquisition's standard deviation. In reality, there are many statistical measures that can use ESH Acquisition historical prices to predict the future ESH Acquisition's volatility.| Risk Adjusted Performance | 0.0364 | |||
| Jensen Alpha | 0.7805 | |||
| Total Risk Alpha | (1.45) | |||
| Sortino Ratio | 0.0397 | |||
| Treynor Ratio | (0.30) |
ESH Acquisition Corp Backtested Returns
ESH Acquisition is out of control given 3 months investment horizon. ESH Acquisition Corp secures Sharpe Ratio (or Efficiency) of 0.0889, which denotes the company had a 0.0889% return per unit of return volatility over the last 3 months. We were able to analyze twenty-seven different technical indicators, which can help you to evaluate if expected returns of 1.58% are justified by taking the suggested risk. Use ESH Acquisition mean deviation of 10.41, and Downside Deviation of 12.83 to evaluate company specific risk that cannot be diversified away. ESH Acquisition holds a performance score of 7 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -2.01, which means a somewhat significant risk relative to the market. As returns on the market increase, returns on owning ESH Acquisition are expected to decrease by larger amounts. On the other hand, during market turmoil, ESH Acquisition is expected to outperform it. Use ESH Acquisition total risk alpha and the relationship between the potential upside and price action indicator , to analyze future returns on ESH Acquisition.
Auto-correlation | -0.45 |
Modest reverse predictability
ESH Acquisition Corp has modest reverse predictability. Overlapping area represents the amount of predictability between ESH Acquisition time series from 14th of November 2024 to 29th of November 2024 and 29th of November 2024 to 14th 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 ESH Acquisition Corp price movement. The serial correlation of -0.45 indicates that just about 45.0% of current ESH Acquisition price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.45 | |
| Spearman Rank Test | 0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
ESH Acquisition Corp lagged returns against current returns
Autocorrelation, which is ESH Acquisition 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 ESH Acquisition's stock expected returns. We can calculate the autocorrelation of ESH Acquisition returns to help us make a trade decision. For example, suppose you find that ESH Acquisition 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 |
ESH Acquisition 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 ESH Acquisition stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ESH Acquisition stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ESH Acquisition stock over time.
Current vs Lagged Prices |
| Timeline |
ESH Acquisition Lagged Returns
When evaluating ESH Acquisition's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ESH Acquisition stock have on its future price. ESH Acquisition 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, ESH Acquisition autocorrelation shows the relationship between ESH Acquisition stock current value and its past values and can show if there is a momentum factor associated with investing in ESH Acquisition Corp.
Regressed Prices |
| Timeline |
Pair Trading with ESH Acquisition
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ESH Acquisition position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ESH Acquisition will appreciate offsetting losses from the drop in the long position's value.Moving against ESH Stock
| 0.71 | DIST | Distoken Acquisition | PairCorr |
| 0.66 | DYCQ | DT Cloud Acquisition | PairCorr |
| 0.63 | DSAQ | Direct Selling Acqui | PairCorr |
| 0.58 | DTSQ | DT Cloud Star | PairCorr |
| 0.57 | DUET | DUET Acquisition Corp | PairCorr |
The ability to find closely correlated positions to ESH Acquisition could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ESH Acquisition when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ESH Acquisition - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ESH Acquisition Corp to buy it.
The correlation of ESH Acquisition is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ESH Acquisition moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ESH Acquisition Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ESH Acquisition can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for ESH Stock Analysis
When running ESH Acquisition's price analysis, check to measure ESH Acquisition'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 ESH Acquisition is operating at the current time. Most of ESH Acquisition's value examination focuses on studying past and present price action to predict the probability of ESH Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ESH Acquisition's price. Additionally, you may evaluate how the addition of ESH Acquisition to your portfolios can decrease your overall portfolio volatility.