Enerpac Stock Market Value

EPAC
 Stock
  

USD 23.60  0.73  3.00%   

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


Is Enerpac Tool'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 Enerpac Tool. If investors know Enerpac 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 Enerpac Tool 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
0.994
Market Capitalization
1.4 B
Quarterly Revenue Growth YOY
0.044
Return On Assets
0.0432
Return On Equity
0.0536
The market value of Enerpac Tool Group is measured differently than its book value, which is the value of Enerpac that is recorded on the company's balance sheet. Investors also form their own opinion of Enerpac Tool's value that differs from its market value or its book value, called intrinsic value, which is Enerpac Tool'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 Enerpac Tool's market value can be influenced by many factors that don't directly affect Enerpac Tool'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 Enerpac Tool's value and its price as these two are different measures arrived at by different means. Investors typically determine Enerpac Tool value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enerpac Tool'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.

Enerpac Tool '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 Enerpac Tool'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 Enerpac Tool.
0.00
06/15/2021
No Change 0.00  0.0 
In 1 year 5 months and 25 days
12/07/2022
0.00
If you would invest  0.00  in Enerpac Tool on June 15, 2021 and sell it all today you would earn a total of 0.00 from holding Enerpac Tool Group or generate 0.0% return on investment in Enerpac Tool over 540 days. Enerpac Tool is related to or competes with VANGUARD SMALL-CAP, Merck, Fidelity MSCI, and Bondbloxx ETF. Enerpac Tool Group Corp. manufactures and sells a range of industrial products and solutions in the United States, the U... More

Enerpac Tool 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 Enerpac Tool'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 Enerpac Tool Group upside and downside potential and time the market with a certain degree of confidence.

Enerpac Tool Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Enerpac Tool's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Enerpac Tool's standard deviation. In reality, there are many statistical measures that can use Enerpac Tool historical prices to predict the future Enerpac Tool's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Enerpac Tool'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 Enerpac Tool in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
21.1623.6326.10
Details
Intrinsic
Valuation
LowReal ValueHigh
22.5825.0527.52
Details
Naive
Forecast
LowNext ValueHigh
21.9624.4326.91
Details
5 Analysts
Consensus
LowTarget PriceHigh
20.0023.4032.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Enerpac Tool. Your research has to be compared to or analyzed against Enerpac Tool's peers to derive any actionable benefits. When done correctly, Enerpac Tool'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 Enerpac Tool Group.

Enerpac Tool Group Backtested Returns

Enerpac Tool appears to be very steady, given 3 months investment horizon. Enerpac Tool Group secures Sharpe Ratio (or Efficiency) of 0.14, which denotes the company had 0.14% 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 Enerpac Tool Group, which you can use to evaluate the future volatility of the firm. Please utilize Enerpac Tool's Coefficient Of Variation of 565.95, mean deviation of 1.8, and Downside Deviation of 1.84 to check if our risk estimates are consistent with your expectations.
On a scale of 0 to 100, Enerpac Tool holds a performance score of 10. The firm shows a Beta (market volatility) of 0.8571, which means possible diversification benefits within a given portfolio. Let's try to break down what Enerpac's beta means in this case. Enerpac Tool returns are very sensitive to returns on the market. As the market goes up or down, Enerpac Tool is expected to follow. Although it is vital to follow Enerpac Tool Group historical returns, it is good to be conservative about what you can do with the information regarding equity 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 Enerpac Tool Group technical indicators, you can presently evaluate if the expected return of 0.36% will be sustainable into the future. Please utilizes Enerpac Tool Group downside deviation, total risk alpha, value at risk, as well as the relationship between the information ratio and treynor ratio to make a quick decision on whether Enerpac Tool price patterns will revert.

Auto-correlation

    
  -0.48  

Modest reverse predictability

Enerpac Tool Group has modest reverse predictability. Overlapping area represents the amount of predictability between Enerpac Tool time series from 15th of June 2021 to 12th of March 2022 and 12th of March 2022 to 7th of December 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 Enerpac Tool Group price movement. The serial correlation of -0.48 indicates that about 48.0% of current Enerpac Tool price fluctuation can be explain by its past prices.
Correlation Coefficient-0.48
Spearman Rank Test-0.32
Residual Average0.0
Price Variance5.66

Enerpac Tool Group lagged returns against current returns

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

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

Enerpac Tool Lagged Returns

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

Enerpac Tool Investors Sentiment

The influence of Enerpac Tool's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Enerpac. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Enerpac Tool's public news can be used to forecast risks associated with investment in Enerpac. The trend in average sentiment can be used to explain how an investor holding Enerpac can time the market purely based on public headlines and social activities around Enerpac Tool Group. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Enerpac Tool's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Enerpac Tool's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Enerpac Tool's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Enerpac Tool.
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 Enerpac Tool 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, Enerpac Tool's short interest history, or implied volatility extrapolated from Enerpac Tool options trading.

Pair Trading with Enerpac Tool

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 Enerpac Tool 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 Enerpac Tool will appreciate offsetting losses from the drop in the long position's value.

Moving together with Enerpac Tool

+0.65AALAmerican Airlines Downward RallyPairCorr

Moving against Enerpac Tool

-0.76MESAMesa Air Group Earnings Call This WeekPairCorr
-0.53FCELFuelCell Energy Fiscal Year End 4th of January 2023 PairCorr
The ability to find closely correlated positions to Enerpac Tool could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Enerpac Tool 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 Enerpac Tool - 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 Enerpac Tool Group to buy it.
The correlation of Enerpac Tool 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 Enerpac Tool moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Enerpac Tool Group 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 Enerpac Tool 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 Enerpac Tool Correlation, Enerpac Tool Volatility and Enerpac Tool Alpha and Beta module to complement your research on Enerpac Tool. Note that the Enerpac Tool Group information on this page should be used as a complementary analysis to other Enerpac Tool'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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

Complementary Tools for Enerpac Stock analysis

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