Enogia SAS (France) Market Value
| ALENO Stock | 2.04 0.01 0.49% |
| Symbol | Enogia |
Enogia SAS '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 Enogia SAS'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 Enogia SAS.
| 02/01/2023 |
| 01/21/2025 |
If you would invest 0.00 in Enogia SAS on February 1, 2023 and sell it all today you would earn a total of 0.00 from holding Enogia SAS or generate 0.0% return on investment in Enogia SAS over 720 days.
Enogia SAS 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 Enogia SAS'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 Enogia SAS upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.77 | |||
| Information Ratio | 0.0932 | |||
| Maximum Drawdown | 17.66 | |||
| Value At Risk | (2.82) | |||
| Potential Upside | 5.64 |
Enogia SAS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Enogia SAS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Enogia SAS's standard deviation. In reality, there are many statistical measures that can use Enogia SAS historical prices to predict the future Enogia SAS's volatility.| Risk Adjusted Performance | 0.0939 | |||
| Jensen Alpha | 0.2752 | |||
| Total Risk Alpha | 0.2121 | |||
| Sortino Ratio | 0.1451 | |||
| Treynor Ratio | 2.79 |
Enogia SAS Backtested Returns
Enogia SAS appears to be unstable, given 3 months investment horizon. Enogia SAS secures Sharpe Ratio (or Efficiency) of 0.0803, which denotes the company had a 0.0803 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Enogia SAS, which you can use to evaluate the volatility of the firm. Please utilize Enogia SAS's Coefficient Of Variation of 961.61, downside deviation of 1.77, and Mean Deviation of 1.67 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Enogia SAS holds a performance score of 6. The firm shows a Beta (market volatility) of 0.0992, which means not very significant fluctuations relative to the market. As returns on the market increase, Enogia SAS's returns are expected to increase less than the market. However, during the bear market, the loss of holding Enogia SAS is expected to be smaller as well. Please check Enogia SAS's semi variance, and the relationship between the treynor ratio and daily balance of power , to make a quick decision on whether Enogia SAS's price patterns will revert.
Auto-correlation | 0.05 |
Virtually no predictability
Enogia SAS has virtually no predictability. Overlapping area represents the amount of predictability between Enogia SAS time series from 1st of February 2023 to 27th of January 2024 and 27th of January 2024 to 21st of January 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 Enogia SAS price movement. The serial correlation of 0.05 indicates that only as little as 5.0% of current Enogia SAS price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.05 | |
| Spearman Rank Test | 0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Enogia SAS lagged returns against current returns
Autocorrelation, which is Enogia SAS 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 Enogia SAS's stock expected returns. We can calculate the autocorrelation of Enogia SAS returns to help us make a trade decision. For example, suppose you find that Enogia SAS 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 |
Enogia SAS 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 Enogia SAS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Enogia SAS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Enogia SAS stock over time.
Current vs Lagged Prices |
| Timeline |
Enogia SAS Lagged Returns
When evaluating Enogia SAS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Enogia SAS stock have on its future price. Enogia SAS 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, Enogia SAS autocorrelation shows the relationship between Enogia SAS stock current value and its past values and can show if there is a momentum factor associated with investing in Enogia SAS.
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 Enogia Stock Analysis
When running Enogia SAS's price analysis, check to measure Enogia SAS'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 Enogia SAS is operating at the current time. Most of Enogia SAS's value examination focuses on studying past and present price action to predict the probability of Enogia SAS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enogia SAS's price. Additionally, you may evaluate how the addition of Enogia SAS to your portfolios can decrease your overall portfolio volatility.