Esotiq Henderson (Poland) Market Value
| EAH Stock | 36.90 0.10 0.27% |
| Symbol | Esotiq |
Esotiq Henderson '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 Esotiq Henderson'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 Esotiq Henderson.
| 12/18/2024 |
| 03/18/2025 |
If you would invest 0.00 in Esotiq Henderson on December 18, 2024 and sell it all today you would earn a total of 0.00 from holding Esotiq Henderson SA or generate 0.0% return on investment in Esotiq Henderson over 90 days. Esotiq Henderson is related to or competes with Monnari Trade, GreenX Metals, X Trade, Skyline Investment, Investment Friends, Immobile, and Igoria Trade. More
Esotiq Henderson 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 Esotiq Henderson'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 Esotiq Henderson SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0) | |||
| Maximum Drawdown | 9.27 | |||
| Value At Risk | (3.43) | |||
| Potential Upside | 2.23 |
Esotiq Henderson Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Esotiq Henderson's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Esotiq Henderson's standard deviation. In reality, there are many statistical measures that can use Esotiq Henderson historical prices to predict the future Esotiq Henderson's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | 0.0956 | |||
| Treynor Ratio | 0.4275 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Esotiq Henderson'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.
Esotiq Henderson Backtested Returns
Esotiq Henderson secures Sharpe Ratio (or Efficiency) of -0.12, which denotes the company had a -0.12 % return per unit of risk over the last 3 months. Esotiq Henderson SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Esotiq Henderson's Variance of 2.81, standard deviation of 1.68, and Mean Deviation of 1.21 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.27, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Esotiq Henderson are expected to decrease at a much lower rate. During the bear market, Esotiq Henderson is likely to outperform the market. At this point, Esotiq Henderson has a negative expected return of -0.17%. Please make sure to confirm Esotiq Henderson's value at risk, as well as the relationship between the accumulation distribution and day typical price , to decide if Esotiq Henderson performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.12 |
Insignificant reverse predictability
Esotiq Henderson SA has insignificant reverse predictability. Overlapping area represents the amount of predictability between Esotiq Henderson time series from 18th of December 2024 to 1st of February 2025 and 1st of February 2025 to 18th 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 Esotiq Henderson price movement. The serial correlation of -0.12 indicates that less than 12.0% of current Esotiq Henderson price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.12 | |
| Spearman Rank Test | 0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.57 |
Esotiq Henderson lagged returns against current returns
Autocorrelation, which is Esotiq Henderson 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 Esotiq Henderson's stock expected returns. We can calculate the autocorrelation of Esotiq Henderson returns to help us make a trade decision. For example, suppose you find that Esotiq Henderson 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 |
Esotiq Henderson 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 Esotiq Henderson stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Esotiq Henderson stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Esotiq Henderson stock over time.
Current vs Lagged Prices |
| Timeline |
Esotiq Henderson Lagged Returns
When evaluating Esotiq Henderson's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Esotiq Henderson stock have on its future price. Esotiq Henderson 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, Esotiq Henderson autocorrelation shows the relationship between Esotiq Henderson stock current value and its past values and can show if there is a momentum factor associated with investing in Esotiq Henderson SA.
Regressed Prices |
| Timeline |
Pair Trading with Esotiq Henderson
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Esotiq Henderson position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Esotiq Henderson will appreciate offsetting losses from the drop in the long position's value.Moving against Esotiq Stock
| 0.88 | ADV | Adiuvo Investment | PairCorr |
| 0.88 | ATT | Grupa Azoty SA | PairCorr |
| 0.83 | CIG | CI Games SA | PairCorr |
| 0.8 | GRX | GreenX Metals | PairCorr |
| 0.79 | BOS | Bank Ochrony rodowiska | PairCorr |
The ability to find closely correlated positions to Esotiq Henderson could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Esotiq Henderson when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Esotiq Henderson - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Esotiq Henderson SA to buy it.
The correlation of Esotiq Henderson is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Esotiq Henderson moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Esotiq Henderson moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Esotiq Henderson can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Esotiq Stock Analysis
When running Esotiq Henderson's price analysis, check to measure Esotiq Henderson'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 Esotiq Henderson is operating at the current time. Most of Esotiq Henderson's value examination focuses on studying past and present price action to predict the probability of Esotiq Henderson's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Esotiq Henderson's price. Additionally, you may evaluate how the addition of Esotiq Henderson to your portfolios can decrease your overall portfolio volatility.