ENGIE Energia (Peru) Market Value
| ENGIEC1 Stock | 4.10 0.01 0.24% |
| Symbol | ENGIE |
Please note, there is a significant difference between ENGIE Energia's value and its price as these two are different measures arrived at by different means. Investors typically determine if ENGIE Energia is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ENGIE Energia'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.
ENGIE Energia '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 ENGIE Energia'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 ENGIE Energia.
| 12/11/2024 |
| 01/10/2025 |
If you would invest 0.00 in ENGIE Energia on December 11, 2024 and sell it all today you would earn a total of 0.00 from holding ENGIE Energia Peru or generate 0.0% return on investment in ENGIE Energia over 30 days. More
ENGIE Energia 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 ENGIE Energia'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 ENGIE Energia Peru upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.54 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 8.46 | |||
| Value At Risk | (1.91) | |||
| Potential Upside | 2.44 |
ENGIE Energia Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ENGIE Energia's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ENGIE Energia's standard deviation. In reality, there are many statistical measures that can use ENGIE Energia historical prices to predict the future ENGIE Energia's volatility.| Risk Adjusted Performance | 0.0205 | |||
| Jensen Alpha | 0.0144 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.0008) | |||
| Treynor Ratio | 0.158 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ENGIE Energia's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
ENGIE Energia Peru Backtested Returns
At this point, ENGIE Energia is somewhat reliable. ENGIE Energia Peru secures Sharpe Ratio (or Efficiency) of 0.0239, which denotes the company had a 0.0239% return per unit of return volatility over the last 3 months. We have found twenty-nine technical indicators for ENGIE Energia Peru, which you can use to evaluate the volatility of the firm. Please confirm ENGIE Energia's downside deviation of 1.54, and Mean Deviation of 0.6227 to check if the risk estimate we provide is consistent with the expected return of 0.0316%. ENGIE Energia has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.1, which means not very significant fluctuations relative to the market. As returns on the market increase, ENGIE Energia's returns are expected to increase less than the market. However, during the bear market, the loss of holding ENGIE Energia is expected to be smaller as well. ENGIE Energia Peru now shows a risk of 1.32%. Please confirm ENGIE Energia Peru maximum drawdown, skewness, and the relationship between the total risk alpha and downside variance , to decide if ENGIE Energia Peru will be following its price patterns.
Auto-correlation | 0.27 |
Poor predictability
ENGIE Energia Peru has poor predictability. Overlapping area represents the amount of predictability between ENGIE Energia time series from 11th of December 2024 to 26th of December 2024 and 26th of December 2024 to 10th 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 ENGIE Energia Peru price movement. The serial correlation of 0.27 indicates that nearly 27.0% of current ENGIE Energia price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.27 | |
| Spearman Rank Test | -0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
ENGIE Energia Peru lagged returns against current returns
Autocorrelation, which is ENGIE Energia 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 ENGIE Energia's stock expected returns. We can calculate the autocorrelation of ENGIE Energia returns to help us make a trade decision. For example, suppose you find that ENGIE Energia 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 |
ENGIE Energia 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 ENGIE Energia stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ENGIE Energia stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ENGIE Energia stock over time.
Current vs Lagged Prices |
| Timeline |
ENGIE Energia Lagged Returns
When evaluating ENGIE Energia's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ENGIE Energia stock have on its future price. ENGIE Energia 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, ENGIE Energia autocorrelation shows the relationship between ENGIE Energia stock current value and its past values and can show if there is a momentum factor associated with investing in ENGIE Energia Peru.
Regressed Prices |
| Timeline |
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ENGIE Energia financial ratios help investors to determine whether ENGIE 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 ENGIE with respect to the benefits of owning ENGIE Energia security.