EEI Corp (Philippines) Market Value
| EEI Stock | 3.60 0.01 0.28% |
| Symbol | EEI |
EEI Corp '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 EEI Corp'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 EEI Corp.
| 11/13/2024 |
| 12/13/2024 |
If you would invest 0.00 in EEI Corp on November 13, 2024 and sell it all today you would earn a total of 0.00 from holding EEI Corp or generate 0.0% return on investment in EEI Corp over 30 days. EEI Corp is related to or competes with Philex Mining, National Reinsurance, Rizal Commercial, Apex Mining, Asia United, and Crown Asia. More
EEI Corp 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 EEI Corp'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 EEI Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 11.34 | |||
| Value At Risk | (3.12) | |||
| Potential Upside | 2.77 |
EEI Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for EEI Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as EEI Corp's standard deviation. In reality, there are many statistical measures that can use EEI Corp historical prices to predict the future EEI Corp's volatility.| Risk Adjusted Performance | (0.10) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.57) | |||
| Treynor Ratio | 1.44 |
EEI Corp Backtested Returns
EEI Corp secures Sharpe Ratio (or Efficiency) of -0.21, which denotes the company had a -0.21% return per unit of return volatility over the last 3 months. EEI Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm EEI Corp's standard deviation of 1.93, and Mean Deviation of 1.34 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.21, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning EEI Corp are expected to decrease at a much lower rate. During the bear market, EEI Corp is likely to outperform the market. At this point, EEI Corp has a negative expected return of -0.39%. Please make sure to confirm EEI Corp's total risk alpha, kurtosis, market facilitation index, as well as the relationship between the value at risk and rate of daily change , to decide if EEI Corp performance from the past will be repeated in the future.
Auto-correlation | -0.34 |
Poor reverse predictability
EEI Corp has poor reverse predictability. Overlapping area represents the amount of predictability between EEI Corp time series from 13th of November 2024 to 28th of November 2024 and 28th of November 2024 to 13th 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 EEI Corp price movement. The serial correlation of -0.34 indicates that nearly 34.0% of current EEI Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.34 | |
| Spearman Rank Test | -0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
EEI Corp lagged returns against current returns
Autocorrelation, which is EEI Corp 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 EEI Corp's stock expected returns. We can calculate the autocorrelation of EEI Corp returns to help us make a trade decision. For example, suppose you find that EEI Corp 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 |
EEI Corp 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 EEI Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if EEI Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in EEI Corp stock over time.
Current vs Lagged Prices |
| Timeline |
EEI Corp Lagged Returns
When evaluating EEI Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of EEI Corp stock have on its future price. EEI Corp 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, EEI Corp autocorrelation shows the relationship between EEI Corp stock current value and its past values and can show if there is a momentum factor associated with investing in EEI Corp.
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.Other Information on Investing in EEI Stock
EEI Corp financial ratios help investors to determine whether EEI 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 EEI with respect to the benefits of owning EEI Corp security.