Energy Development (India) Market Value
| ENERGYDEV | 17.37 0.13 0.75% |
| Symbol | Energy |
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.
| 12/14/2024 |
| 03/14/2025 |
If you would invest 0.00 in Energy Development on December 14, 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 90 days. Energy Development is related to or competes with Pritish Nandy, HDFC Life, Diligent Media, Reliance Communications, OnMobile Global, Next Mediaworks, and Sambhaav Media. 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.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 10.04 | |||
| Value At Risk | (5.02) | |||
| Potential Upside | 4.99 |
Energy Development Market Risk Indicators
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.| Risk Adjusted Performance | (0.19) | |||
| Jensen Alpha | (0.76) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | (3.70) |
Energy Development Backtested Returns
Energy Development secures Sharpe Ratio (or Efficiency) of -0.33, which denotes the company had a -0.33 % return per unit of risk over the last 3 months. Energy Development exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Energy Development's Standard Deviation of 3.31, mean deviation of 2.72, and Variance of 10.97 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, Energy Development's returns are expected to increase less than the market. However, during the bear market, the loss of holding Energy Development is expected to be smaller as well. At this point, Energy Development has a negative expected return of -0.99%. Please make sure to confirm Energy Development's potential upside, and the relationship between the jensen alpha and daily balance of power , to decide if Energy Development performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.77 |
Good predictability
Energy Development has good predictability. Overlapping area represents the amount of predictability between Energy Development time series from 14th of December 2024 to 28th of January 2025 and 28th of January 2025 to 14th 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 Energy Development price movement. The serial correlation of 0.77 indicates that around 77.0% of current Energy Development price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.77 | |
| Spearman Rank Test | 0.78 | |
| Residual Average | 0.0 | |
| Price Variance | 5.64 |
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.Other Information on Investing in Energy Stock
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.