Grupo Ecoener (Spain) Market Value
| ENER Stock | EUR 4.58 0.02 0.43% |
| Symbol | Grupo |
Grupo Ecoener '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 Grupo Ecoener'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 Grupo Ecoener.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Grupo Ecoener on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Grupo Ecoener SA or generate 0.0% return on investment in Grupo Ecoener over 90 days. Grupo Ecoener is related to or competes with Aedas Homes, Arteche Lantegi, Borges Agricultural, Atrys Health, and Hispanotels Inversiones. The Lyxor New Energy UCITS ETF is a UCITS compliant exchange traded fund that aims to track the benchmark index World Al... More
Grupo Ecoener 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 Grupo Ecoener'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 Grupo Ecoener SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.51 | |||
| Information Ratio | 0.1108 | |||
| Maximum Drawdown | 8.53 | |||
| Value At Risk | (2.38) | |||
| Potential Upside | 3.54 |
Grupo Ecoener Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Grupo Ecoener's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Grupo Ecoener's standard deviation. In reality, there are many statistical measures that can use Grupo Ecoener historical prices to predict the future Grupo Ecoener's volatility.| Risk Adjusted Performance | 0.0492 | |||
| Jensen Alpha | 0.1045 | |||
| Total Risk Alpha | 0.2821 | |||
| Sortino Ratio | 0.1219 | |||
| Treynor Ratio | 0.2713 |
Grupo Ecoener SA Backtested Returns
At this point, Grupo Ecoener is somewhat reliable. Grupo Ecoener SA holds Efficiency (Sharpe) Ratio of 0.0399, which attests that the entity had a 0.0399 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Grupo Ecoener SA, which you can use to evaluate the volatility of the firm. Please check out Grupo Ecoener's Market Risk Adjusted Performance of 0.2813, risk adjusted performance of 0.0492, and Downside Deviation of 1.51 to validate if the risk estimate we provide is consistent with the expected return of 0.0664%. Grupo Ecoener has a performance score of 3 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.27, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Grupo Ecoener's returns are expected to increase less than the market. However, during the bear market, the loss of holding Grupo Ecoener is expected to be smaller as well. Grupo Ecoener SA right now retains a risk of 1.67%. Please check out Grupo Ecoener sortino ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if Grupo Ecoener will be following its current trending patterns.
Auto-correlation | -0.47 |
Modest reverse predictability
Grupo Ecoener SA has modest reverse predictability. Overlapping area represents the amount of predictability between Grupo Ecoener time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 Grupo Ecoener SA price movement. The serial correlation of -0.47 indicates that about 47.0% of current Grupo Ecoener price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.47 | |
| Spearman Rank Test | -0.79 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Grupo Ecoener SA lagged returns against current returns
Autocorrelation, which is Grupo Ecoener 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 Grupo Ecoener's stock expected returns. We can calculate the autocorrelation of Grupo Ecoener returns to help us make a trade decision. For example, suppose you find that Grupo Ecoener 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 |
Grupo Ecoener 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 Grupo Ecoener stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Grupo Ecoener stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Grupo Ecoener stock over time.
Current vs Lagged Prices |
| Timeline |
Grupo Ecoener Lagged Returns
When evaluating Grupo Ecoener's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Grupo Ecoener stock have on its future price. Grupo Ecoener 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, Grupo Ecoener autocorrelation shows the relationship between Grupo Ecoener stock current value and its past values and can show if there is a momentum factor associated with investing in Grupo Ecoener SA.
Regressed Prices |
| Timeline |
Also Currently Popular
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 Grupo Stock
Grupo Ecoener financial ratios help investors to determine whether Grupo 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 Grupo with respect to the benefits of owning Grupo Ecoener security.