Ekinops SA (France) Market Value
| EKI Stock | EUR 3.14 0.03 0.95% |
| Symbol | Ekinops |
Ekinops SA '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 Ekinops SA'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 Ekinops SA.
| 01/28/2025 |
| 02/27/2025 |
If you would invest 0.00 in Ekinops SA on January 28, 2025 and sell it all today you would earn a total of 0.00 from holding Ekinops SA or generate 0.0% return on investment in Ekinops SA over 30 days. Ekinops SA is related to or competes with Claranova, Derichebourg, Mersen SA, and BigBen Interactive. EKINOPS S.A. provides optical transport solutions for service providers and private networks worldwide More
Ekinops SA 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 Ekinops SA'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 Ekinops SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 14.05 | |||
| Value At Risk | (4.24) | |||
| Potential Upside | 2.54 |
Ekinops SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ekinops SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ekinops SA's standard deviation. In reality, there are many statistical measures that can use Ekinops SA historical prices to predict the future Ekinops SA's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.32) | |||
| Total Risk Alpha | (0.30) | |||
| Treynor Ratio | (0.53) |
Ekinops SA Backtested Returns
Ekinops SA secures Sharpe Ratio (or Efficiency) of -0.0534, which denotes the company had a -0.0534 % return per unit of risk over the last 3 months. Ekinops SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ekinops SA's Mean Deviation of 1.71, standard deviation of 2.35, and Variance of 5.52 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.61, which means possible diversification benefits within a given portfolio. As returns on the market increase, Ekinops SA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ekinops SA is expected to be smaller as well. At this point, Ekinops SA has a negative expected return of -0.12%. Please make sure to confirm Ekinops SA's total risk alpha, kurtosis, price action indicator, as well as the relationship between the value at risk and rate of daily change , to decide if Ekinops SA performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.46 |
Average predictability
Ekinops SA has average predictability. Overlapping area represents the amount of predictability between Ekinops SA time series from 28th of January 2025 to 12th of February 2025 and 12th of February 2025 to 27th of February 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 Ekinops SA price movement. The serial correlation of 0.46 indicates that about 46.0% of current Ekinops SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.46 | |
| Spearman Rank Test | 0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Ekinops SA lagged returns against current returns
Autocorrelation, which is Ekinops SA 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 Ekinops SA's stock expected returns. We can calculate the autocorrelation of Ekinops SA returns to help us make a trade decision. For example, suppose you find that Ekinops SA 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 |
Ekinops SA 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 Ekinops SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ekinops SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ekinops SA stock over time.
Current vs Lagged Prices |
| Timeline |
Ekinops SA Lagged Returns
When evaluating Ekinops SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ekinops SA stock have on its future price. Ekinops SA 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, Ekinops SA autocorrelation shows the relationship between Ekinops SA stock current value and its past values and can show if there is a momentum factor associated with investing in Ekinops SA.
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 Ekinops Stock
Ekinops SA financial ratios help investors to determine whether Ekinops 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 Ekinops with respect to the benefits of owning Ekinops SA security.