Eqb Inc Stock Market Value

EQB Stock  CAD 102.07  0.21  0.21%   
EQB's market value is the price at which a share of EQB trades on a public exchange. It measures the collective expectations of EQB Inc investors about its performance. EQB is selling at 102.07 as of the 20th of July 2025; that is 0.21% down since the beginning of the trading day. The stock's open price was 102.28.
With this module, you can estimate the performance of a buy and hold strategy of EQB Inc and determine expected loss or profit from investing in EQB over a given investment horizon. Check out EQB Correlation, EQB Volatility and EQB Alpha and Beta module to complement your research on EQB.
Symbol

EQB Inc Price To Book Ratio

Please note, there is a significant difference between EQB's value and its price as these two are different measures arrived at by different means. Investors typically determine if EQB is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EQB'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.

EQB '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 EQB'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 EQB.
0.00
04/21/2025
No Change 0.00  0.0 
In 3 months and 1 day
07/20/2025
0.00
If you would invest  0.00  in EQB on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding EQB Inc or generate 0.0% return on investment in EQB over 90 days. EQB is related to or competes with Laurentian Bank, HDFC Bank, ICICI Bank, Equitable, Goeasy, TFI International, and Intact Financial. Equitable Group Inc., through its subsidiary, Equitable Bank, provides various financial services to retail and commerci... More

EQB 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 EQB'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 EQB Inc upside and downside potential and time the market with a certain degree of confidence.

EQB Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for EQB's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as EQB's standard deviation. In reality, there are many statistical measures that can use EQB historical prices to predict the future EQB's volatility.
Hype
Prediction
LowEstimatedHigh
100.48102.16103.84
Details
Intrinsic
Valuation
LowRealHigh
98.0199.69112.28
Details
Naive
Forecast
LowNextHigh
96.4998.1799.85
Details
Earnings
Estimates (0)
LowProjected EPSHigh
2.853.023.22
Details

EQB Inc Backtested Returns

EQB appears to be very steady, given 3 months investment horizon. EQB Inc retains Efficiency (Sharpe Ratio) of 0.13, which denotes the company had a 0.13 % return per unit of risk over the last 3 months. We have found thirty technical indicators for EQB, which you can use to evaluate the volatility of the firm. Please utilize EQB's Market Risk Adjusted Performance of 0.6301, downside deviation of 1.92, and Coefficient Of Variation of 1001.04 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, EQB holds a performance score of 10. The firm owns a Beta (Systematic Risk) of 0.26, which means not very significant fluctuations relative to the market. As returns on the market increase, EQB's returns are expected to increase less than the market. However, during the bear market, the loss of holding EQB is expected to be smaller as well. Please check EQB's semi deviation, sortino ratio, semi variance, as well as the relationship between the standard deviation and value at risk , to make a quick decision on whether EQB's current price history will revert.

Auto-correlation

    
  0.28  

Poor predictability

EQB Inc has poor predictability. Overlapping area represents the amount of predictability between EQB time series from 21st of April 2025 to 5th of June 2025 and 5th of June 2025 to 20th 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 EQB Inc price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current EQB price fluctuation can be explain by its past prices.
Correlation Coefficient0.28
Spearman Rank Test0.17
Residual Average0.0
Price Variance20.25

EQB Inc lagged returns against current returns

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

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

EQB Lagged Returns

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

Pair Trading with EQB

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

Moving together with EQB Stock

  0.65JPM JPMorgan ChasePairCorr
  0.63CITI CITIGROUP CDRPairCorr
The ability to find closely correlated positions to EQB could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EQB 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 EQB - 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 EQB Inc to buy it.
The correlation of EQB is a statistical measure of how it moves in relation to other instruments. 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 EQB moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EQB Inc 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 EQB 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

Other Information on Investing in EQB Stock

EQB financial ratios help investors to determine whether EQB Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in EQB with respect to the benefits of owning EQB security.