Embark Education (Australia) Market Value
| EVO Stock | 0.80 0.01 1.27% |
| Symbol | Embark |
Embark Education '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 Embark Education'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 Embark Education.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Embark Education on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Embark Education Group or generate 0.0% return on investment in Embark Education over 720 days. Embark Education is related to or competes with Westpac Banking, Champion Iron, IShares Global, Peel Mining, Perpetual Credit, Talisman Mining, and Tombador Iron. Embark Education is entity of Australia. It is traded as Stock on AU exchange. More
Embark Education 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 Embark Education'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 Embark Education Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.18 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 8.01 | |||
| Value At Risk | (2.63) | |||
| Potential Upside | 2.86 |
Embark Education Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Embark Education's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Embark Education's standard deviation. In reality, there are many statistical measures that can use Embark Education historical prices to predict the future Embark Education's volatility.| Risk Adjusted Performance | 0.0643 | |||
| Jensen Alpha | 0.0161 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.1469 |
Embark Education Backtested Returns
Currently, Embark Education Group is very risky. Embark Education secures Sharpe Ratio (or Efficiency) of 0.0898, which denotes the company had a 0.0898% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Embark Education Group, which you can use to evaluate the volatility of the firm. Please confirm Embark Education's Mean Deviation of 1.24, downside deviation of 2.18, and Semi Deviation of 1.4 to check if the risk estimate we provide is consistent with the expected return of 0.16%. Embark Education has a performance score of 7 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.84, which means possible diversification benefits within a given portfolio. As returns on the market increase, Embark Education's returns are expected to increase less than the market. However, during the bear market, the loss of holding Embark Education is expected to be smaller as well. Embark Education right now shows a risk of 1.73%. Please confirm Embark Education semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to decide if Embark Education will be following its price patterns.
Auto-correlation | 0.82 |
Very good predictability
Embark Education Group has very good predictability. Overlapping area represents the amount of predictability between Embark Education time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd 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 Embark Education price movement. The serial correlation of 0.82 indicates that around 82.0% of current Embark Education price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.82 | |
| Spearman Rank Test | 0.88 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Embark Education lagged returns against current returns
Autocorrelation, which is Embark Education 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 Embark Education's stock expected returns. We can calculate the autocorrelation of Embark Education returns to help us make a trade decision. For example, suppose you find that Embark Education 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 |
Embark Education 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 Embark Education stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Embark Education stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Embark Education stock over time.
Current vs Lagged Prices |
| Timeline |
Embark Education Lagged Returns
When evaluating Embark Education's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Embark Education stock have on its future price. Embark Education 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, Embark Education autocorrelation shows the relationship between Embark Education stock current value and its past values and can show if there is a momentum factor associated with investing in Embark Education Group.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Embark Stock Analysis
When running Embark Education's price analysis, check to measure Embark Education'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 Embark Education is operating at the current time. Most of Embark Education's value examination focuses on studying past and present price action to predict the probability of Embark Education's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Embark Education's price. Additionally, you may evaluate how the addition of Embark Education to your portfolios can decrease your overall portfolio volatility.