Energy Development's market value is the price at which a share of Energy Development trades on a public exchange. It measures the collective expectations of Energy Development investors about its performance. Energy Development is trading at 25.23 as of the 8th of January 2025, a 2.21 percent decrease since the beginning of the trading day. The stock's lowest day price was 25.1. With this module, you can estimate the performance of a buy and hold strategy of Energy Development and determine expected loss or profit from investing in Energy Development over a given investment horizon. Check out Energy Development Correlation, Energy Development Volatility and Energy Development Alpha and Beta module to complement your research on Energy Development.
Please note, there is a significant difference between Energy Development's value and its price as these two are different measures arrived at by different means. Investors typically determine if Energy Development is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Energy Development's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Energy Development '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 Energy Development'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 Energy Development.
0.00
12/09/2024
No Change 0.00
0.0
In 31 days
01/08/2025
0.00
If you would invest 0.00 in Energy Development on December 9, 2024 and sell it all today you would earn a total of 0.00 from holding Energy Development or generate 0.0% return on investment in Energy Development over 30 days. Energy Development is related to or competes with State Bank, Life Insurance, HDFC Bank, ICICI Bank, and Reliance Industries. Energy Development is entity of India. It is traded as Stock on NSE exchange. More
Energy Development 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 Energy Development'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 Energy Development 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 Energy Development's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Energy Development's standard deviation. In reality, there are many statistical measures that can use Energy Development historical prices to predict the future Energy Development's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Energy Development. Your research has to be compared to or analyzed against Energy Development's peers to derive any actionable benefits. When done correctly, Energy Development's 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 Energy Development.
Energy Development Backtested Returns
At this point, Energy Development is not too volatile. Energy Development secures Sharpe Ratio (or Efficiency) of 0.0464, which denotes the company had a 0.0464% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Energy Development, which you can use to evaluate the volatility of the firm. Please confirm Energy Development's Downside Deviation of 3.07, coefficient of variation of 2019.4, and Mean Deviation of 2.82 to check if the risk estimate we provide is consistent with the expected return of 0.16%. Energy Development has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.3, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Energy Development are expected to decrease at a much lower rate. During the bear market, Energy Development is likely to outperform the market. Energy Development right now shows a risk of 3.4%. Please confirm Energy Development information ratio, downside variance, day median price, as well as the relationship between the treynor ratio and kurtosis , to decide if Energy Development will be following its price patterns.
Auto-correlation
0.36
Below average predictability
Energy Development has below average predictability. Overlapping area represents the amount of predictability between Energy Development time series from 9th of December 2024 to 24th of December 2024 and 24th of December 2024 to 8th of January 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 Energy Development price movement. The serial correlation of 0.36 indicates that just about 36.0% of current Energy Development price fluctuation can be explain by its past prices.
Correlation Coefficient
0.36
Spearman Rank Test
0.2
Residual Average
0.0
Price Variance
0.77
Energy Development lagged returns against current returns
Autocorrelation, which is Energy Development 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 Energy Development's stock expected returns. We can calculate the autocorrelation of Energy Development returns to help us make a trade decision. For example, suppose you find that Energy Development 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
Energy Development 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 Energy Development stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Energy Development stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Energy Development stock over time.
Current vs Lagged Prices
Timeline
Energy Development Lagged Returns
When evaluating Energy Development's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Energy Development stock have on its future price. Energy Development 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, Energy Development autocorrelation shows the relationship between Energy Development stock current value and its past values and can show if there is a momentum factor associated with investing in Energy Development.
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.
Energy Development financial ratios help investors to determine whether Energy 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 Energy with respect to the benefits of owning Energy Development security.