Is EMCORE Stock Outpacing Its Computer and Technology Peers This Year?
EMKR Stock | USD 2.65 0.08 3.11% |
Slightly above 69 percent of all EMCORE's retail investors are curious in acquiring. The analysis of overall sentiment of trading EMCORE stock suggests that quite a few investors are confidant at this time. EMCORE's investor sentiment overview provides quick insight into current market opportunities from investing in EMCORE. The current market sentiment, together with EMCORE's historical and current headlines, can help investors time the market. In addition, many technical investors use EMCORE stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
EMCORE stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of EMCORE daily returns and investor perception about the current price of EMCORE as well as its diversification or hedging effects on your existing portfolios.
EMCORE |
Here is how Emcore and Monday.com have performed compared to their sector so far this year.
Read at finance.yahoo.com
EMCORE Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards EMCORE can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
EMCORE Fundamental Analysis
We analyze EMCORE's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of EMCORE using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of EMCORE based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Beta
Beta Comparative Analysis
EMCORE is currently under evaluation in beta category among related companies. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
EMCORE Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with EMCORE stock to make a market-neutral strategy. Peer analysis of EMCORE could also be used in its relative valuation, which is a method of valuing EMCORE by comparing valuation metrics with similar companies.
Peers
EMCORE Related Equities
PXLW | Pixelworks | 8.00 | ||||
NVTS | Navitas Semiconductor | 7.14 | ||||
MTSI | MACOM Technology | 3.91 | ||||
MXL | MaxLinear | 3.74 | ||||
QUIK | QuickLogic | 3.65 | ||||
MX | MagnaChip Semiconductor | 3.25 | ||||
VLN | Valens | 2.55 | ||||
CEVA | CEVA | 1.99 | ||||
NVEC | NVE | 8.62 | ||||
GSIT | GSI Technology | 19.78 |
Check out EMCORE Hype Analysis, EMCORE Correlation and EMCORE Performance. To learn how to invest in EMCORE Stock, please use our How to Invest in EMCORE guide.You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Complementary 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.
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Is EMCORE'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 EMCORE. If investors know EMCORE 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 EMCORE 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 (0.25) | Earnings Share (7.90) | Revenue Per Share 15.825 | Quarterly Revenue Growth 0.207 | Return On Assets (0.07) |
The market value of EMCORE is measured differently than its book value, which is the value of EMCORE that is recorded on the company's balance sheet. Investors also form their own opinion of EMCORE's value that differs from its market value or its book value, called intrinsic value, which is EMCORE'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 EMCORE's market value can be influenced by many factors that don't directly affect EMCORE'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 EMCORE's value and its price as these two are different measures arrived at by different means. Investors typically determine if EMCORE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EMCORE'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.