CW Enerji (Turkey) Market Value
| CWENE Stock | 18.86 0.56 3.06% |
| Symbol | CWENE |
CW Enerji '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 CW Enerji'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 CW Enerji.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in CW Enerji on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding CW Enerji SA or generate 0.0% return on investment in CW Enerji over 90 days.
CW Enerji 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 CW Enerji'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 CW Enerji SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 9.72 | |||
| Value At Risk | (3.09) | |||
| Potential Upside | 2.81 |
CW Enerji Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CW Enerji's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CW Enerji's standard deviation. In reality, there are many statistical measures that can use CW Enerji historical prices to predict the future CW Enerji's volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.30) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | (3.11) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of CW Enerji's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
CW Enerji SA Backtested Returns
CW Enerji SA retains Efficiency (Sharpe Ratio) of -0.15, which signifies that the company had a -0.15 % return per unit of price deviation over the last 3 months. CW Enerji exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CW Enerji's Variance of 3.91, information ratio of (0.10), and Market Risk Adjusted Performance of (3.10) to double-check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of 0.0989, which signifies not very significant fluctuations relative to the market. As returns on the market increase, CW Enerji's returns are expected to increase less than the market. However, during the bear market, the loss of holding CW Enerji is expected to be smaller as well. At this point, CW Enerji SA has a negative expected return of -0.31%. Please make sure to confirm CW Enerji's standard deviation, kurtosis, period momentum indicator, as well as the relationship between the maximum drawdown and day median price , to decide if CW Enerji SA performance from the past will be repeated sooner or later.
Auto-correlation | 0.17 |
Very weak predictability
CW Enerji SA has very weak predictability. Overlapping area represents the amount of predictability between CW Enerji time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th of March 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 CW Enerji SA price movement. The serial correlation of 0.17 indicates that over 17.0% of current CW Enerji price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.17 | |
| Spearman Rank Test | 0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 0.78 |
CW Enerji SA lagged returns against current returns
Autocorrelation, which is CW Enerji 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 CW Enerji's stock expected returns. We can calculate the autocorrelation of CW Enerji returns to help us make a trade decision. For example, suppose you find that CW Enerji 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 |
CW Enerji 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 CW Enerji stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CW Enerji stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CW Enerji stock over time.
Current vs Lagged Prices |
| Timeline |
CW Enerji Lagged Returns
When evaluating CW Enerji's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CW Enerji stock have on its future price. CW Enerji 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, CW Enerji autocorrelation shows the relationship between CW Enerji stock current value and its past values and can show if there is a momentum factor associated with investing in CW Enerji SA.
Regressed Prices |
| Timeline |