Echostar Stock Market Value
| SATS Stock | USD 25.29 0.26 1.04% |
| Symbol | EchoStar |
EchoStar Price To Book Ratio
Is Communications Equipment 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 EchoStar. If investors know EchoStar 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 EchoStar listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.86) | Earnings Share (9.16) | Revenue Per Share 58.993 | Quarterly Revenue Growth (0.05) | Return On Assets (0.01) |
The market value of EchoStar is measured differently than its book value, which is the value of EchoStar that is recorded on the company's balance sheet. Investors also form their own opinion of EchoStar's value that differs from its market value or its book value, called intrinsic value, which is EchoStar'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 EchoStar's market value can be influenced by many factors that don't directly affect EchoStar'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 EchoStar's value and its price as these two are different measures arrived at by different means. Investors typically determine if EchoStar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EchoStar'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.
EchoStar '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 EchoStar'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 EchoStar.
| 06/04/2024 |
| 12/01/2024 |
If you would invest 0.00 in EchoStar on June 4, 2024 and sell it all today you would earn a total of 0.00 from holding EchoStar or generate 0.0% return on investment in EchoStar over 180 days. EchoStar is related to or competes with Comtech Telecommunicatio, KVH Industries, Silicom, Knowles Cor, ADTRAN, Mynaric AG, and Telesat Corp. EchoStar Corporation, together with its subsidiaries, provides networking technologies and services worldwide More
EchoStar 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 EchoStar'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 EchoStar upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.05 | |||
| Information Ratio | 0.0839 | |||
| Maximum Drawdown | 33.92 | |||
| Value At Risk | (4.05) | |||
| Potential Upside | 8.94 |
EchoStar Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for EchoStar's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as EchoStar's standard deviation. In reality, there are many statistical measures that can use EchoStar historical prices to predict the future EchoStar's volatility.| Risk Adjusted Performance | 0.0952 | |||
| Jensen Alpha | 0.3575 | |||
| Total Risk Alpha | (0.26) | |||
| Sortino Ratio | 0.0961 | |||
| Treynor Ratio | 0.4144 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of EchoStar'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.
EchoStar Backtested Returns
EchoStar appears to be not too volatile, given 3 months investment horizon. EchoStar secures Sharpe Ratio (or Efficiency) of 0.13, which denotes the company had a 0.13% return per unit of risk over the last 3 months. By reviewing EchoStar's technical indicators, you can evaluate if the expected return of 0.63% is justified by implied risk. Please utilize EchoStar's Coefficient Of Variation of 880.66, mean deviation of 2.88, and Downside Deviation of 4.05 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, EchoStar holds a performance score of 10. The firm shows a Beta (market volatility) of 1.25, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, EchoStar will likely underperform. Please check EchoStar's treynor ratio, as well as the relationship between the expected short fall and day median price , to make a quick decision on whether EchoStar's price patterns will revert.
Auto-correlation | -0.18 |
Insignificant reverse predictability
EchoStar has insignificant reverse predictability. Overlapping area represents the amount of predictability between EchoStar time series from 4th of June 2024 to 2nd of September 2024 and 2nd of September 2024 to 1st 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 EchoStar price movement. The serial correlation of -0.18 indicates that over 18.0% of current EchoStar price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.18 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 3.24 |
EchoStar lagged returns against current returns
Autocorrelation, which is EchoStar 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 EchoStar's stock expected returns. We can calculate the autocorrelation of EchoStar returns to help us make a trade decision. For example, suppose you find that EchoStar 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 |
EchoStar 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 EchoStar stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if EchoStar stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in EchoStar stock over time.
Current vs Lagged Prices |
| Timeline |
EchoStar Lagged Returns
When evaluating EchoStar's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of EchoStar stock have on its future price. EchoStar 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, EchoStar autocorrelation shows the relationship between EchoStar stock current value and its past values and can show if there is a momentum factor associated with investing in EchoStar.
Regressed Prices |
| Timeline |
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Additional Tools for EchoStar Stock Analysis
When running EchoStar's price analysis, check to measure EchoStar'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 EchoStar is operating at the current time. Most of EchoStar's value examination focuses on studying past and present price action to predict the probability of EchoStar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EchoStar's price. Additionally, you may evaluate how the addition of EchoStar to your portfolios can decrease your overall portfolio volatility.