Envipco Holding (Norway) Market Value
| ENVIP Stock | NOK 65.50 0.50 0.77% |
| Symbol | Envipco |
Envipco Holding '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 Envipco Holding'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 Envipco Holding.
| 12/09/2024 |
| 01/08/2025 |
If you would invest 0.00 in Envipco Holding on December 9, 2024 and sell it all today you would earn a total of 0.00 from holding Envipco Holding NV or generate 0.0% return on investment in Envipco Holding over 30 days. Envipco Holding is related to or competes with Arctic Bioscience, ADS Maritime, Arctic Fish, Instabank ASA, and Ice Fish. Envipco Holding N.V., together with its subsidiaries, designs, develops, manufactures, and sells or leases reverse vendi... More
Envipco Holding 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 Envipco Holding'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 Envipco Holding NV upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.96 | |||
| Information Ratio | 0.0712 | |||
| Maximum Drawdown | 12.99 | |||
| Value At Risk | (4.10) | |||
| Potential Upside | 4.27 |
Envipco Holding Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Envipco Holding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Envipco Holding's standard deviation. In reality, there are many statistical measures that can use Envipco Holding historical prices to predict the future Envipco Holding's volatility.| Risk Adjusted Performance | 0.0671 | |||
| Jensen Alpha | 0.18 | |||
| Total Risk Alpha | 0.1818 | |||
| Sortino Ratio | 0.0611 | |||
| Treynor Ratio | (1.19) |
Envipco Holding NV Backtested Returns
As of now, Envipco Stock is very steady. Envipco Holding NV secures Sharpe Ratio (or Efficiency) of 0.0477, which denotes the company had a 0.0477% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Envipco Holding NV, which you can use to evaluate the volatility of the firm. Please confirm Envipco Holding's Coefficient Of Variation of 1334.78, downside deviation of 2.96, and Mean Deviation of 1.69 to check if the risk estimate we provide is consistent with the expected return of 0.13%. Envipco Holding has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.15, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Envipco Holding are expected to decrease at a much lower rate. During the bear market, Envipco Holding is likely to outperform the market. Envipco Holding NV right now shows a risk of 2.63%. Please confirm Envipco Holding NV potential upside, as well as the relationship between the kurtosis and day typical price , to decide if Envipco Holding NV will be following its price patterns.
Auto-correlation | -0.02 |
Very weak reverse predictability
Envipco Holding NV has very weak reverse predictability. Overlapping area represents the amount of predictability between Envipco Holding 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 Envipco Holding NV price movement. The serial correlation of -0.02 indicates that only 2.0% of current Envipco Holding price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.02 | |
| Spearman Rank Test | 0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 0.78 |
Envipco Holding NV lagged returns against current returns
Autocorrelation, which is Envipco Holding 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 Envipco Holding's stock expected returns. We can calculate the autocorrelation of Envipco Holding returns to help us make a trade decision. For example, suppose you find that Envipco Holding 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 |
Envipco Holding 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 Envipco Holding stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Envipco Holding stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Envipco Holding stock over time.
Current vs Lagged Prices |
| Timeline |
Envipco Holding Lagged Returns
When evaluating Envipco Holding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Envipco Holding stock have on its future price. Envipco Holding 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, Envipco Holding autocorrelation shows the relationship between Envipco Holding stock current value and its past values and can show if there is a momentum factor associated with investing in Envipco Holding NV.
Regressed Prices |
| Timeline |
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Envipco Holding financial ratios help investors to determine whether Envipco 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 Envipco with respect to the benefits of owning Envipco Holding security.