Euro Tech Stock Market Value

CLWT
 Stock
  

USD 1.50  0.01  0.66%   

Euro Tech's market value is the price at which a share of Euro Tech stock trades on a public exchange. It measures the collective expectations of Euro Tech Holdings investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Euro Tech Holdings and determine expected loss or profit from investing in Euro Tech over a given investment horizon. Continue to Euro Tech Correlation, Euro Tech Volatility and Euro Tech Alpha and Beta module to complement your research on Euro Tech.
Symbol


Is Euro Tech's industry 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 Euro Tech. If investors know Euro Tech 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 Euro Tech 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 YOY
(0.35) 
Market Capitalization
11.7 M
Quarterly Revenue Growth YOY
0.48
Return On Assets
0.0237
Return On Equity
0.0934
The market value of Euro Tech Holdings is measured differently than its book value, which is the value of Euro Tech that is recorded on the company's balance sheet. Investors also form their own opinion of Euro Tech's value that differs from its market value or its book value, called intrinsic value, which is Euro Tech'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 Euro Tech's market value can be influenced by many factors that don't directly affect Euro Tech'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 Euro Tech's value and its price as these two are different measures arrived at by different means. Investors typically determine Euro Tech value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Euro Tech'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.

Euro Tech '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 Euro Tech'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 Euro Tech.
0.00
12/08/2020
No Change 0.00  0.0 
In 1 year 11 months and 22 days
11/28/2022
0.00
If you would invest  0.00  in Euro Tech on December 8, 2020 and sell it all today you would earn a total of 0.00 from holding Euro Tech Holdings or generate 0.0% return on investment in Euro Tech over 720 days. Euro Tech is related to or competes with Agilent Technologies, AMETEK, Atai Life, Bonso Elec, Curtiss-Wright Corp, Garmin, and Idex Corp. Euro Tech Holdings Company Limited primarily distributes water treatment equipment, laboratory instruments, analyzers, t... More

Euro Tech 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 Euro Tech'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 Euro Tech Holdings upside and downside potential and time the market with a certain degree of confidence.

Euro Tech Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Euro Tech's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Euro Tech's standard deviation. In reality, there are many statistical measures that can use Euro Tech historical prices to predict the future Euro Tech's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Euro Tech'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. Please use the tools below to analyze the current value of Euro Tech in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.081.515.47
Details
Intrinsic
Valuation
LowReal ValueHigh
0.061.295.25
Details
Naive
Forecast
LowNext ValueHigh
0.0306631.535.49
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
1.451.481.51
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Euro Tech. Your research has to be compared to or analyzed against Euro Tech's peers to derive any actionable benefits. When done correctly, Euro Tech's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Euro Tech Holdings.

Euro Tech Holdings Backtested Returns

We consider Euro Tech dangerous. Euro Tech Holdings secures Sharpe Ratio (or Efficiency) of 0.0063, which denotes the company had 0.0063% of return per unit of risk over the last 3 months. Our standpoint towards predicting the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for Euro Tech Holdings, which you can use to evaluate the future volatility of the firm. Please confirm Euro Tech Holdings coefficient of variation of (3,089), and Mean Deviation of 2.97 to check if the risk estimate we provide is consistent with the expected return of 0.0249%.
The firm shows a Beta (market volatility) of 0.7669, which means possible diversification benefits within a given portfolio. Let's try to break down what Euro Tech's beta means in this case. As returns on the market increase, Euro Tech returns are expected to increase less than the market. However, during the bear market, the loss on holding Euro Tech will be expected to be smaller as well. Although it is important to respect Euro Tech Holdings historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. The philosophy towards predicting future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By reviewing Euro Tech Holdings technical indicators, you can presently evaluate if the expected return of 0.0249% will be sustainable into the future. Euro Tech Holdings right now shows a risk of 3.96%. Please confirm Euro Tech Holdings value at risk, as well as the relationship between the kurtosis and market facilitation index to decide if Euro Tech Holdings will be following its price patterns.

Auto-correlation

    
  -0.63  

Very good reverse predictability

Euro Tech Holdings has very good reverse predictability. Overlapping area represents the amount of predictability between Euro Tech time series from 8th of December 2020 to 3rd of December 2021 and 3rd of December 2021 to 28th of November 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Euro Tech Holdings price movement. The serial correlation of -0.63 indicates that roughly 63.0% of current Euro Tech price fluctuation can be explain by its past prices.
Correlation Coefficient-0.63
Spearman Rank Test-0.19
Residual Average0.0
Price Variance0.06

Euro Tech Holdings lagged returns against current returns

Autocorrelation, which is Euro Tech 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 Euro Tech's stock expected returns. We can calculate the autocorrelation of Euro Tech returns to help us make a trade decision. For example, suppose you find that Euro Tech stock 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 stock movement to match the lagging time series.
   Current and Lagged Values   
Share
       Timeline  

Euro Tech 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 Euro Tech stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Euro Tech stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Euro Tech stock over time.
   Current vs Lagged Prices   
Share
       Timeline  

Euro Tech Lagged Returns

When evaluating Euro Tech's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Euro Tech stock have on its future price. Euro Tech 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, Euro Tech autocorrelation shows the relationship between Euro Tech stock current value and its past values and can show if there is a momentum factor associated with investing in Euro Tech Holdings.
   Regressed Prices   
Share
       Timeline  

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Euro Tech in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Euro Tech's short interest history, or implied volatility extrapolated from Euro Tech options trading.

Pair Trading with Euro Tech

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 Euro Tech 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 Euro Tech will appreciate offsetting losses from the drop in the long position's value.

Moving together with Euro Tech

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+0.63UMCUnited Microelectronics Potential GrowthPairCorr
The ability to find closely correlated positions to Euro Tech could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Euro Tech 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 Euro Tech - 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 Euro Tech Holdings to buy it.
The correlation of Euro Tech is a statistical measure of how it moves in relation to other equities. 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 Euro Tech moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Euro Tech Holdings 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 Euro Tech 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.
Pair CorrelationCorrelation Matching
Continue to Euro Tech Correlation, Euro Tech Volatility and Euro Tech Alpha and Beta module to complement your research on Euro Tech. You can also try Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

Complementary Tools for analysis

When running Euro Tech Holdings price analysis, check to measure Euro Tech'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 Euro Tech is operating at the current time. Most of Euro Tech's value examination focuses on studying past and present price action to predict the probability of Euro Tech's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Euro Tech's price. Additionally, you may evaluate how the addition of Euro Tech to your portfolios can decrease your overall portfolio volatility.
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Euro Tech 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.
A focus of Euro Tech technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Euro Tech trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...