Anaergia Stock Market Value
| ANRG Stock | 0.88 0.03 3.30% |
| Symbol | Anaergia |
Anaergia Price To Book Ratio
Anaergia '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 Anaergia'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 Anaergia.
| 10/13/2024 |
| 12/12/2024 |
If you would invest 0.00 in Anaergia on October 13, 2024 and sell it all today you would earn a total of 0.00 from holding Anaergia or generate 0.0% return on investment in Anaergia over 60 days. Anaergia is related to or competes with EverGen Infrastructure, Dentalcorp Holdings, and Tidewater Renewables. Anaergia is entity of Canada. It is traded as Stock on TO exchange. More
Anaergia 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 Anaergia'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 Anaergia upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.72 | |||
| Information Ratio | 0.1524 | |||
| Maximum Drawdown | 27.83 | |||
| Value At Risk | (7.41) | |||
| Potential Upside | 12.0 |
Anaergia Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Anaergia's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Anaergia's standard deviation. In reality, there are many statistical measures that can use Anaergia historical prices to predict the future Anaergia's volatility.| Risk Adjusted Performance | 0.1343 | |||
| Jensen Alpha | 1.04 | |||
| Total Risk Alpha | 0.079 | |||
| Sortino Ratio | 0.1886 | |||
| Treynor Ratio | (3.60) |
Anaergia Backtested Returns
Anaergia appears to be abnormally volatile, given 3 months investment horizon. Anaergia secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the company had a 0.16% return per unit of standard deviation over the last 3 months. By analyzing Anaergia's technical indicators, you can evaluate if the expected return of 0.9% is justified by implied risk. Please makes use of Anaergia's risk adjusted performance of 0.1343, and Mean Deviation of 4.58 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Anaergia holds a performance score of 12. The firm shows a Beta (market volatility) of -0.28, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Anaergia are expected to decrease at a much lower rate. During the bear market, Anaergia is likely to outperform the market. Please check Anaergia's market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to make a quick decision on whether Anaergia's price patterns will revert.
Auto-correlation | -0.45 |
Modest reverse predictability
Anaergia has modest reverse predictability. Overlapping area represents the amount of predictability between Anaergia time series from 13th of October 2024 to 12th of November 2024 and 12th of November 2024 to 12th 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 Anaergia price movement. The serial correlation of -0.45 indicates that just about 45.0% of current Anaergia price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.45 | |
| Spearman Rank Test | -0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Anaergia lagged returns against current returns
Autocorrelation, which is Anaergia 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 Anaergia's stock expected returns. We can calculate the autocorrelation of Anaergia returns to help us make a trade decision. For example, suppose you find that Anaergia 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 |
Anaergia 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 Anaergia stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Anaergia stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Anaergia stock over time.
Current vs Lagged Prices |
| Timeline |
Anaergia Lagged Returns
When evaluating Anaergia's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Anaergia stock have on its future price. Anaergia 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, Anaergia autocorrelation shows the relationship between Anaergia stock current value and its past values and can show if there is a momentum factor associated with investing in Anaergia.
Regressed Prices |
| Timeline |
Other Information on Investing in Anaergia Stock
Anaergia financial ratios help investors to determine whether Anaergia 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 Anaergia with respect to the benefits of owning Anaergia security.