Eternal Energy (Thailand) Market Value
| EE Stock | THB 0.53 0.01 1.92% |
| Symbol | Eternal |
Eternal Energy '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 Eternal Energy'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 Eternal Energy.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Eternal Energy on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Eternal Energy Public or generate 0.0% return on investment in Eternal Energy over 90 days. Eternal Energy is related to or competes with President Automobile, CENTRAL RETAIL, Turnkey Communication, Premier Marketing, Taokaenoi Food, and Peerapat Technology. Eternal Energy Public Company Limited engages in the cassava plantation activities in Thailand More
Eternal Energy 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 Eternal Energy'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 Eternal Energy Public upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.4 | |||
| Information Ratio | 0.0734 | |||
| Maximum Drawdown | 46.2 | |||
| Value At Risk | (7.41) | |||
| Potential Upside | 10.34 |
Eternal Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Eternal Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Eternal Energy's standard deviation. In reality, there are many statistical measures that can use Eternal Energy historical prices to predict the future Eternal Energy's volatility.| Risk Adjusted Performance | 0.0589 | |||
| Jensen Alpha | 0.3332 | |||
| Total Risk Alpha | 1.14 | |||
| Sortino Ratio | 0.0858 | |||
| Treynor Ratio | (1.85) |
Eternal Energy Public Backtested Returns
Eternal Energy Public secures Sharpe Ratio (or Efficiency) of -0.0361, which denotes the company had a -0.0361 % return per unit of risk over the last 3 months. Eternal Energy Public exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Eternal Energy's Coefficient Of Variation of 1732.74, mean deviation of 3.8, and Downside Deviation of 5.4 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.19, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Eternal Energy are expected to decrease at a much lower rate. During the bear market, Eternal Energy is likely to outperform the market. At this point, Eternal Energy Public has a negative expected return of -0.17%. Please make sure to confirm Eternal Energy's total risk alpha, value at risk, and the relationship between the standard deviation and treynor ratio , to decide if Eternal Energy Public performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.33 |
Below average predictability
Eternal Energy Public has below average predictability. Overlapping area represents the amount of predictability between Eternal Energy 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 Eternal Energy Public price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current Eternal Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.33 | |
| Spearman Rank Test | -0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Eternal Energy Public lagged returns against current returns
Autocorrelation, which is Eternal Energy 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 Eternal Energy's stock expected returns. We can calculate the autocorrelation of Eternal Energy returns to help us make a trade decision. For example, suppose you find that Eternal Energy 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 |
Eternal Energy 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 Eternal Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Eternal Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Eternal Energy stock over time.
Current vs Lagged Prices |
| Timeline |
Eternal Energy Lagged Returns
When evaluating Eternal Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Eternal Energy stock have on its future price. Eternal Energy 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, Eternal Energy autocorrelation shows the relationship between Eternal Energy stock current value and its past values and can show if there is a momentum factor associated with investing in Eternal Energy Public.
Regressed Prices |
| Timeline |
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Eternal Energy financial ratios help investors to determine whether Eternal 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 Eternal with respect to the benefits of owning Eternal Energy security.