New Oriental Stock Market Value

EDU
 Stock
  

USD 25.25  0.23  0.92%   

New Oriental's market value is the price at which a share of New Oriental stock trades on a public exchange. It measures the collective expectations of New Oriental Education investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of New Oriental Education and determine expected loss or profit from investing in New Oriental over a given investment horizon. Continue to New Oriental Hype Analysis, New Oriental Correlation, New Oriental Valuation, New Oriental Volatility, as well as analyze New Oriental Alpha and Beta and New Oriental Performance.
Symbol


Is New Oriental'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 New Oriental. If investors know New Oriental 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 New Oriental 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
0.031
Market Capitalization
4.3 B
Quarterly Revenue Growth YOY
-0.57
Return On Assets
-0.0759
Return On Equity
-0.28
The market value of New Oriental Education is measured differently than its book value, which is the value of New Oriental that is recorded on the company's balance sheet. Investors also form their own opinion of New Oriental's value that differs from its market value or its book value, called intrinsic value, which is New Oriental'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 New Oriental's market value can be influenced by many factors that don't directly affect New Oriental'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 New Oriental's value and its price as these two are different measures arrived at by different means. Investors typically determine New Oriental value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, New Oriental'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.

New Oriental '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 New Oriental'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 New Oriental.
0.00
08/24/2020
No Change 0.00  0.0 
In 1 year 11 months and 22 days
08/14/2022
0.00
If you would invest  0.00  in New Oriental on August 24, 2020 and sell it all today you would earn a total of 0.00 from holding New Oriental Education or generate 0.0% return on investment in New Oriental over 720 days. New Oriental is related to or competes with Alphabet, Chevron Corp, Dupont Denemours, 3M, Boeing, Intel Corp, and ATT. New Oriental Education Technology Group IncMore

New Oriental 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 New Oriental'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 New Oriental Education upside and downside potential and time the market with a certain degree of confidence.

New Oriental Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for New Oriental's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as New Oriental's standard deviation. In reality, there are many statistical measures that can use New Oriental historical prices to predict the future New Oriental's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of New Oriental'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 New Oriental in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
18.2324.9431.65
Details
Intrinsic
Valuation
LowReal ValueHigh
6.1612.8727.78
Details
Naive
Forecast
LowNext ValueHigh
15.2922.0028.71
Details
5 Analysts
Consensus
LowTarget PriceHigh
2.404.369.20
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as New Oriental. Your research has to be compared to or analyzed against New Oriental's peers to derive any actionable benefits. When done correctly, New Oriental'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 New Oriental Education.

New Oriental Education Backtested Returns

New Oriental is unstable given 3 months investment horizon. New Oriental Education has Sharpe Ratio of 0.23, which conveys that the firm had 0.23% of return per unit of risk over the last 3 months. Our standpoint towards estimating the risk of a stock is to use both market data as well as company specific technical data. We were able to break down twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.53% are justified by taking the suggested risk. Use New Oriental Education Mean Deviation of 4.98, downside deviation of 5.43, and Risk Adjusted Performance of 0.3129 to evaluate company specific risk that cannot be diversified away.
New Oriental holds a performance score of 17 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of 0.4944, which conveys possible diversification benefits within a given portfolio. Let's try to break down what New Oriental's beta means in this case. As returns on the market increase, New Oriental returns are expected to increase less than the market. However, during the bear market, the loss on holding New Oriental will be expected to be smaller as well. Although it is essential to pay attention to New Oriental Education price patterns, it is also good to be reasonable about what you can do with equity historical price patterns. Our philosophy towards estimating future performance of any stock is to look not only at its past charts but also at the business as a whole, including all fundamental and technical indicators. To evaluate if New Oriental expected return of 1.53 will be sustainable into the future, we have found twenty-eight different technical indicators, which can help you to check if the expected returns are sustainable. Use New Oriental Education potential upside, as well as the relationship between the kurtosis and day typical price to analyze future returns on New Oriental Education.

Auto-correlation

    
  -0.32  

Poor reverse predictability

New Oriental Education has poor reverse predictability. Overlapping area represents the amount of predictability between New Oriental time series from 24th of August 2020 to 19th of August 2021 and 19th of August 2021 to 14th of August 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 New Oriental Education price movement. The serial correlation of -0.32 indicates that nearly 32.0% of current New Oriental price fluctuation can be explain by its past prices.
Correlation Coefficient-0.32
Spearman Rank Test0.36
Residual Average0.0
Price Variance22.82

New Oriental Education lagged returns against current returns

Autocorrelation, which is New Oriental 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 New Oriental's stock expected returns. We can calculate the autocorrelation of New Oriental returns to help us make a trade decision. For example, suppose you find that New Oriental 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  

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

New Oriental Lagged Returns

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

Be your own money manager

Our tools can tell you how much better you can do entering a position in New Oriental without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Headlines Timeline

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Pair Trading with New Oriental

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 New Oriental 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 New Oriental will appreciate offsetting losses from the drop in the long position's value.

Moving together with New Oriental

0.83ATGEAdtalem Global Education Fiscal Year End 18th of August 2022 PairCorr

Moving against New Oriental

0.85ALCOAlico Inc Fiscal Year End 6th of December 2022 PairCorr
0.82BIGBig Lots Normal TradingPairCorr
0.7ACIAlbertsons Companies Downward RallyPairCorr
0.53ARCEArco Platform Earnings Call  This WeekPairCorr
The ability to find closely correlated positions to New Oriental could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace New Oriental 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 New Oriental - 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 New Oriental Education to buy it.
The correlation of New Oriental 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 New Oriental moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if New Oriental Education 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 New Oriental 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 New Oriental Hype Analysis, New Oriental Correlation, New Oriental Valuation, New Oriental Volatility, as well as analyze New Oriental Alpha and Beta and New Oriental Performance. Note that the New Oriental Education information on this page should be used as a complementary analysis to other New Oriental's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.

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When running New Oriental Education price analysis, check to measure New Oriental'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 New Oriental is operating at the current time. Most of New Oriental's value examination focuses on studying past and present price action to predict the probability of New Oriental's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move New Oriental's price. Additionally, you may evaluate how the addition of New Oriental to your portfolios can decrease your overall portfolio volatility.
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New Oriental 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 New Oriental technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of New Oriental 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...