Endo International (UK) Market Value
| 0Y5F Stock | 630.00 1.28 0.20% |
| Symbol | Endo |
Endo International '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 Endo International'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 Endo International.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Endo International on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Endo International PLC or generate 0.0% return on investment in Endo International over 720 days. Endo International is related to or competes with Zoom Video, Enbridge, Invesco Health, Neometals, SANTANDER, and Coor Service. Endo International is entity of United Kingdom More
Endo International 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 Endo International'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 Endo International PLC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.23) | |||
| Maximum Drawdown | 5.2 | |||
| Value At Risk | (1.91) | |||
| Potential Upside | 1.49 |
Endo International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Endo International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Endo International's standard deviation. In reality, there are many statistical measures that can use Endo International historical prices to predict the future Endo International's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.26) | |||
| Treynor Ratio | (0.56) |
Endo International PLC Backtested Returns
Endo International PLC secures Sharpe Ratio (or Efficiency) of -0.0654, which denotes the company had a -0.0654% return per unit of standard deviation over the last 3 months. Endo International PLC exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Endo International's Standard Deviation of 0.9784, mean deviation of 0.7495, and Coefficient Of Variation of (1,142) to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.17, which means not very significant fluctuations relative to the market. As returns on the market increase, Endo International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Endo International is expected to be smaller as well. At this point, Endo International PLC has a negative expected return of -0.0632%. Please make sure to confirm Endo International's mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance , to decide if Endo International PLC performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.58 |
Good reverse predictability
Endo International PLC has good reverse predictability. Overlapping area represents the amount of predictability between Endo International time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Endo International PLC price movement. The serial correlation of -0.58 indicates that roughly 58.0% of current Endo International price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.58 | |
| Spearman Rank Test | -0.74 | |
| Residual Average | 0.0 | |
| Price Variance | 83.9 K |
Endo International PLC lagged returns against current returns
Autocorrelation, which is Endo International 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 Endo International's stock expected returns. We can calculate the autocorrelation of Endo International returns to help us make a trade decision. For example, suppose you find that Endo International 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 |
Endo International 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 Endo International stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Endo International stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Endo International stock over time.
Current vs Lagged Prices |
| Timeline |
Endo International Lagged Returns
When evaluating Endo International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Endo International stock have on its future price. Endo International 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, Endo International autocorrelation shows the relationship between Endo International stock current value and its past values and can show if there is a momentum factor associated with investing in Endo International PLC.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Endo Stock Analysis
When running Endo International's price analysis, check to measure Endo International'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 Endo International is operating at the current time. Most of Endo International's value examination focuses on studying past and present price action to predict the probability of Endo International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Endo International's price. Additionally, you may evaluate how the addition of Endo International to your portfolios can decrease your overall portfolio volatility.