EMCORE (Germany) Today

ER2N Stock  EUR 0.30  0.04  11.76%   

Performance

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Odds Of Distress

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EMCORE is trading at 0.3 as of the 29th of March 2024. This is a -11.76 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.3. EMCORE has over 58 % chance of experiencing financial distress in the next 2 years of operation and has generated negative returns for investors over the last 90 days. EMCORE has reported 10 for 1 split on 2nd of April 2024. Equity ratings for EMCORE are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of February 2024 and ending today, the 29th of March 2024. Click here to learn more.
EMCORE Corporation, together with its subsidiaries, provides advanced mixed-signal optics products in California. EMCORE Corporation was founded in 1984 and is headquartered in Alhambra, California. EMCORE CORP operates under Semiconductors classification in Germany and is traded on Frankfurt Stock Exchange. The company has 38.07 M outstanding shares. More on EMCORE

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EMCORE Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. EMCORE's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding EMCORE or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO, DirectorJeffrey Rittichier
Business ConcentrationSemiconductors, Technology (View all Sectors)
EMCORE (ER2N) is traded on Frankfurt Exchange in Germany and employs 436 people. The company currently falls under 'Micro-Cap' category with a current market capitalization of 51.7 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate EMCORE's market, we take the total number of its shares issued and multiply it by EMCORE's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. EMCORE operates under Technology sector and is part of Semiconductors industry. The entity has 38.07 M outstanding shares. EMCORE has accumulated about 50.6 M in cash with 2.96 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.82, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check EMCORE Probability Of Bankruptcy
Ownership Allocation
EMCORE secures a total of 38.07 Million outstanding shares. 30% of EMCORE outstanding shares are owned by institutions. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Thereupon, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company retains, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check EMCORE Ownership Details

EMCORE Stock Price Odds Analysis

In reference to a normal probability distribution, the odds of EMCORE jumping above the current price in 90 days from now is about 87.85%. The EMCORE probability density function shows the probability of EMCORE stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon the stock has a beta coefficient of 2.7857 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, EMCORE will likely underperform. Additionally, eMCORE has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 0.3HorizonTargetOdds Above 0.3
12.10%90 days
 0.30 
87.85%
Based on a normal probability distribution, the odds of EMCORE to move above the current price in 90 days from now is about 87.85 (This EMCORE probability density function shows the probability of EMCORE Stock to fall within a particular range of prices over 90 days) .

EMCORE Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. EMCORE market risk premium is the additional return an investor will receive from holding EMCORE long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in EMCORE. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although EMCORE's alpha and beta are two of the key measurements used to evaluate EMCORE's performance over the market, the standard measures of volatility play an important role as well.

EMCORE Stock Against Markets

Picking the right benchmark for EMCORE stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in EMCORE stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for EMCORE is critical whether you are bullish or bearish towards EMCORE at a given time. Please also check how EMCORE's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in EMCORE without increasing your portfolio risk or giving up the 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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EMCORE Corporate Directors

EMCORE corporate directors refer to members of an EMCORE board of directors. The board of directors generally takes responsibility for the EMCORE's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of EMCORE's board members must vote for the resolution. The EMCORE board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.

How to buy EMCORE Stock?

Before investing in EMCORE, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in EMCORE. To buy EMCORE stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of EMCORE. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase EMCORE stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located EMCORE stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased EMCORE stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as EMCORE, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy EMCORE Stock please use our How to Invest in EMCORE guide.

Already Invested in EMCORE?

The danger of trading EMCORE is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of EMCORE is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than EMCORE. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile EMCORE is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether EMCORE is a strong investment it is important to analyze EMCORE's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact EMCORE's future performance. For an informed investment choice regarding EMCORE Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EMCORE. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in EMCORE Stock please use our How to Invest in EMCORE guide.
Note that the EMCORE information on this page should be used as a complementary analysis to other EMCORE'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 the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.

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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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.