ENRG Elements' market value is the price at which a share of ENRG Elements trades on a public exchange. It measures the collective expectations of ENRG Elements Limited investors about its performance. ENRG Elements is trading at 0.0016 as of the 23rd of January 2025. This is a No Change since the beginning of the trading day. The stock's lowest day price was 0.0016. With this module, you can estimate the performance of a buy and hold strategy of ENRG Elements Limited and determine expected loss or profit from investing in ENRG Elements over a given investment horizon. Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
Symbol
ENRG
ENRG Elements '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 ENRG Elements' pink sheet 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 ENRG Elements.
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03/29/2024
No Change 0.00
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In 9 months and 27 days
01/23/2025
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If you would invest 0.00 in ENRG Elements on March 29, 2024 and sell it all today you would earn a total of 0.00 from holding ENRG Elements Limited or generate 0.0% return on investment in ENRG Elements over 300 days.
ENRG Elements 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 ENRG Elements' pink sheet 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 ENRG Elements Limited upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for ENRG Elements' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ENRG Elements' standard deviation. In reality, there are many statistical measures that can use ENRG Elements historical prices to predict the future ENRG Elements' volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as ENRG Elements. Your research has to be compared to or analyzed against ENRG Elements' peers to derive any actionable benefits. When done correctly, ENRG Elements' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in ENRG Elements Limited.
ENRG Elements Limited Backtested Returns
ENRG Elements appears to be out of control, given 3 months investment horizon. ENRG Elements Limited secures Sharpe Ratio (or Efficiency) of 0.0334, which denotes the company had a 0.0334 % return per unit of volatility over the last 3 months. We have found seventeen technical indicators for ENRG Elements Limited, which you can use to evaluate the volatility of the firm. Please utilize ENRG Elements' Mean Deviation of 2.02, standard deviation of 9.55, and Market Risk Adjusted Performance of (0.06) to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, ENRG Elements holds a performance score of 2. The firm shows a Beta (market volatility) of -4.45, which means a somewhat significant risk relative to the market. As returns on the market increase, returns on owning ENRG Elements are expected to decrease by larger amounts. On the other hand, during market turmoil, ENRG Elements is expected to outperform it. Please check ENRG Elements' information ratio, skewness, as well as the relationship between the Skewness and day median price , to make a quick decision on whether ENRG Elements' price patterns will revert.
Correlation Coefficient
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Spearman Rank Test
-0.4
Residual Average
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Price Variance
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ENRG Elements Limited lagged returns against current returns
Autocorrelation, which is ENRG Elements pink sheet'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 ENRG Elements' pink sheet expected returns. We can calculate the autocorrelation of ENRG Elements returns to help us make a trade decision. For example, suppose you find that ENRG Elements has exhibited high autocorrelation historically, and you observe that the pink sheet 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
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ENRG Elements 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 ENRG Elements pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ENRG Elements pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ENRG Elements pink sheet over time.
Current vs Lagged Prices
Timeline
ENRG Elements Lagged Returns
When evaluating ENRG Elements' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ENRG Elements pink sheet have on its future price. ENRG Elements 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, ENRG Elements autocorrelation shows the relationship between ENRG Elements pink sheet current value and its past values and can show if there is a momentum factor associated with investing in ENRG Elements Limited.