Everbright Digital Holding Stock Market Value
| EDHL Stock | 0.74 0.01 0.67% |
| Symbol | Everbright |
Everbright Digital Price To Book Ratio
Is Advertising space 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 Everbright Digital. If investors know Everbright 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 Everbright Digital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Everbright Digital is measured differently than its book value, which is the value of Everbright that is recorded on the company's balance sheet. Investors also form their own opinion of Everbright Digital's value that differs from its market value or its book value, called intrinsic value, which is Everbright Digital'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 Everbright Digital's market value can be influenced by many factors that don't directly affect Everbright Digital'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 Everbright Digital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Everbright Digital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Everbright Digital'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.
Everbright Digital '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 Everbright Digital'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 Everbright Digital.
| 04/22/2025 |
| 07/21/2025 |
If you would invest 0.00 in Everbright Digital on April 22, 2025 and sell it all today you would earn a total of 0.00 from holding Everbright Digital Holding or generate 0.0% return on investment in Everbright Digital over 90 days. Everbright Digital is related to or competes with Sun Life, Prudential Financial, Siriuspoint, Hasbro, Integrated Media, ANTA Sports, and Root. Everbright Digital is entity of United States More
Everbright Digital 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 Everbright Digital'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 Everbright Digital Holding upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 96.94 | |||
| Value At Risk | (10.96) | |||
| Potential Upside | 10.29 |
Everbright Digital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Everbright Digital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Everbright Digital's standard deviation. In reality, there are many statistical measures that can use Everbright Digital historical prices to predict the future Everbright Digital's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (1.22) | |||
| Total Risk Alpha | (2.86) | |||
| Treynor Ratio | 52.24 |
Everbright Digital Backtested Returns
Everbright Digital secures Sharpe Ratio (or Efficiency) of -0.1, which denotes the company had a -0.1 % return per unit of risk over the last 3 months. Everbright Digital Holding exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Everbright Digital's Mean Deviation of 5.51, variance of 137.45, and Standard Deviation of 11.72 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.0234, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Everbright Digital are expected to decrease at a much lower rate. During the bear market, Everbright Digital is likely to outperform the market. At this point, Everbright Digital has a negative expected return of -1.23%. Please make sure to confirm Everbright Digital's total risk alpha and the relationship between the potential upside and market facilitation index , to decide if Everbright Digital performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.7 |
Very good reverse predictability
Everbright Digital Holding has very good reverse predictability. Overlapping area represents the amount of predictability between Everbright Digital time series from 22nd of April 2025 to 6th of June 2025 and 6th of June 2025 to 21st of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Everbright Digital price movement. The serial correlation of -0.7 indicates that around 70.0% of current Everbright Digital price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.7 | |
| Spearman Rank Test | -0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 4.37 |
Everbright Digital lagged returns against current returns
Autocorrelation, which is Everbright Digital 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 Everbright Digital's stock expected returns. We can calculate the autocorrelation of Everbright Digital returns to help us make a trade decision. For example, suppose you find that Everbright Digital 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 price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Everbright Digital 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 Everbright Digital stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Everbright Digital stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Everbright Digital stock over time.
Current vs Lagged Prices |
| Timeline |
Everbright Digital Lagged Returns
When evaluating Everbright Digital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Everbright Digital stock have on its future price. Everbright Digital 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, Everbright Digital autocorrelation shows the relationship between Everbright Digital stock current value and its past values and can show if there is a momentum factor associated with investing in Everbright Digital Holding.
Regressed Prices |
| Timeline |
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Everbright Digital 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.