Emcore Stock Performance
| EMKR Stock | USD 3.00 0.02 0.67% |
EMCORE holds a performance score of 14 on a scale of zero to a hundred. The firm owns a Beta (Systematic Risk) of 1.44, 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, EMCORE will likely underperform. Use EMCORE standard deviation, expected short fall, period momentum indicator, as well as the relationship between the maximum drawdown and rate of daily change , to analyze future returns on EMCORE.
Risk-Adjusted Performance
14 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in EMCORE are ranked lower than 14 (%) of all global equities and portfolios over the last 90 days. Even with relatively abnormal forward-looking signals, EMCORE reported solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return 0.67 | Five Day Return 0.33 | Year To Date Return (38.90) | Ten Year Return (94.16) | All Time Return (98.55) |
Last Split Factor 1:10 | Dividend Date 2016-07-29 | Ex Dividend Date 2016-07-14 | Last Split Date 2024-04-02 |
1 | Disposition of 1880 shares by Matthew Vargas of EMCORE subject to Rule 16b-3 | 09/20/2024 |
2 | EMCORE soars after Mobix Labs offers to buy company at 3.8 per share | 09/30/2024 |
3 | Disposition of 2956 shares by Iain Black of EMCORE at 1.15 subject to Rule 16b-3 | 10/22/2024 |
4 | Velocity One Signs Merger Agreement with EMCORE | 11/08/2024 |
5 | EMCORE Earns Hold Rating from Analysts at StockNews.com | 11/19/2024 |
| Begin Period Cash Flow | 25.6 M |
EMCORE |
EMCORE Relative Risk vs. Return Landscape
If you would invest 104.00 in EMCORE on September 2, 2024 and sell it today you would earn a total of 196.00 from holding EMCORE or generate 188.46% return on investment over 90 days. EMCORE is currently generating 2.1301% in daily expected returns and assumes 11.4615% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than EMCORE, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
EMCORE Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for EMCORE's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as EMCORE, and traders can use it to determine the average amount a EMCORE's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1858
| Best Portfolio | Best Equity | |||
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| Average Returns | EMKR | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 11.46 actual daily | 96 96% of assets are less volatile |
Expected Return
| 2.13 actual daily | 42 58% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average EMCORE is performing at about 14% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of EMCORE by adding it to a well-diversified portfolio.
EMCORE Fundamentals Growth
EMCORE Stock prices reflect investors' perceptions of the future prospects and financial health of EMCORE, and EMCORE fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on EMCORE Stock performance.
| Return On Equity | -0.67 | ||||
| Return On Asset | -0.07 | ||||
| Profit Margin | (0.77) % | ||||
| Operating Margin | (0.15) % | ||||
| Current Valuation | 49.59 M | ||||
| Shares Outstanding | 9.07 M | ||||
| Price To Earning | 2.76 X | ||||
| Price To Book | 0.52 X | ||||
| Price To Sales | 0.30 X | ||||
| Revenue | 97.72 M | ||||
| Gross Profit | 29.72 M | ||||
| EBITDA | (22.4 M) | ||||
| Net Income | (49.41 M) | ||||
| Cash And Equivalents | 74.61 M | ||||
| Cash Per Share | 1.99 X | ||||
| Total Debt | 34.52 M | ||||
| Debt To Equity | 0.16 % | ||||
| Current Ratio | 3.95 X | ||||
| Book Value Per Share | 5.77 X | ||||
| Cash Flow From Operations | (33.64 M) | ||||
| Earnings Per Share | (7.71) X | ||||
| Market Capitalization | 27.22 M | ||||
| Total Asset | 143.91 M | ||||
| Retained Earnings | (697.46 M) | ||||
| Working Capital | 62.17 M | ||||
| Current Asset | 111.22 M | ||||
| Current Liabilities | 18.26 M | ||||
About EMCORE Performance
Assessing EMCORE's fundamental ratios provides investors with valuable insights into EMCORE's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the EMCORE is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 163.25 | 129.01 | |
| Return On Tangible Assets | (0.52) | (0.50) | |
| Return On Capital Employed | (0.38) | (0.36) | |
| Return On Assets | (0.48) | (0.45) | |
| Return On Equity | (0.86) | (0.90) |
Things to note about EMCORE performance evaluation
Checking the ongoing alerts about EMCORE for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for EMCORE help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| EMCORE is way too risky over 90 days horizon | |
| EMCORE appears to be risky and price may revert if volatility continues | |
| EMCORE has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 97.72 M. Net Loss for the year was (49.41 M) with profit before overhead, payroll, taxes, and interest of 29.72 M. | |
| EMCORE currently holds about 74.61 M in cash with (33.64 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.99. | |
| Roughly 24.0% of the company shares are held by company insiders | |
| Latest headline from MacroaxisInsider: Disposition of 1880 shares by Matthew Vargas of EMCORE subject to Rule 16b-3 |
- Analyzing EMCORE's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether EMCORE's stock is overvalued or undervalued compared to its peers.
- Examining EMCORE's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating EMCORE's management team can have a significant impact on its success or failure. Reviewing the track record and experience of EMCORE's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of EMCORE's stock. These opinions can provide insight into EMCORE's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for EMCORE Stock Analysis
When running EMCORE's price analysis, check to measure EMCORE'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 EMCORE is operating at the current time. Most of EMCORE's value examination focuses on studying past and present price action to predict the probability of EMCORE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EMCORE's price. Additionally, you may evaluate how the addition of EMCORE to your portfolios can decrease your overall portfolio volatility.