Enquest Plc Stock Market Value
| ENQUF Stock | USD 0.15 0.01 6.25% |
| Symbol | EnQuest |
EnQuest PLC '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 EnQuest PLC's pink sheet 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 EnQuest PLC.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in EnQuest PLC on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding EnQuest PLC or generate 0.0% return on investment in EnQuest PLC over 90 days. EnQuest PLC is related to or competes with Pine Cliff, Headwater Exploration, Altura Energy, Tamarack Valley, Peyto ExplorationDevel, Spartan Delta, and Epsilon Energy. EnQuest PLC operates as an oil and gas production and development company More
EnQuest PLC 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 EnQuest PLC's pink sheet 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 EnQuest PLC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0634 | |||
| Maximum Drawdown | 41.07 | |||
| Value At Risk | (6.25) |
EnQuest PLC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for EnQuest PLC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as EnQuest PLC's standard deviation. In reality, there are many statistical measures that can use EnQuest PLC historical prices to predict the future EnQuest PLC's volatility.| Risk Adjusted Performance | 0.0462 | |||
| Jensen Alpha | 0.079 | |||
| Total Risk Alpha | 0.8336 | |||
| Treynor Ratio | (0.18) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of EnQuest PLC'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.
EnQuest PLC Backtested Returns
EnQuest PLC appears to be out of control, given 3 months investment horizon. EnQuest PLC secures Sharpe Ratio (or Efficiency) of 0.0456, which denotes the company had a 0.0456 % return per unit of volatility over the last 3 months. We have found twenty-one technical indicators for EnQuest PLC, which you can use to evaluate the volatility of the firm. Please utilize EnQuest PLC's Market Risk Adjusted Performance of (0.17), standard deviation of 5.0, and Mean Deviation of 1.71 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, EnQuest PLC holds a performance score of 3. The firm shows a Beta (market volatility) of -1.18, which means a somewhat significant risk relative to the market. As returns on the market increase, returns on owning EnQuest PLC are expected to decrease by larger amounts. On the other hand, during market turmoil, EnQuest PLC is expected to outperform it. Please check EnQuest PLC's information ratio, kurtosis, as well as the relationship between the Kurtosis and price action indicator , to make a quick decision on whether EnQuest PLC's price patterns will revert.
Auto-correlation | -0.28 |
Weak reverse predictability
EnQuest PLC has weak reverse predictability. Overlapping area represents the amount of predictability between EnQuest PLC time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 EnQuest PLC price movement. The serial correlation of -0.28 indicates that nearly 28.0% of current EnQuest PLC price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.28 | |
| Spearman Rank Test | -0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
EnQuest PLC lagged returns against current returns
Autocorrelation, which is EnQuest PLC pink sheet'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 EnQuest PLC's pink sheet expected returns. We can calculate the autocorrelation of EnQuest PLC returns to help us make a trade decision. For example, suppose you find that EnQuest PLC has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
EnQuest PLC 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 EnQuest PLC pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if EnQuest PLC pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in EnQuest PLC pink sheet over time.
Current vs Lagged Prices |
| Timeline |
EnQuest PLC Lagged Returns
When evaluating EnQuest PLC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of EnQuest PLC pink sheet have on its future price. EnQuest PLC 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, EnQuest PLC autocorrelation shows the relationship between EnQuest PLC pink sheet current value and its past values and can show if there is a momentum factor associated with investing in EnQuest PLC.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in EnQuest Pink Sheet
EnQuest PLC financial ratios help investors to determine whether EnQuest Pink Sheet 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 EnQuest with respect to the benefits of owning EnQuest PLC security.