Euronext (France) Market Value

ENX Stock  EUR 126.00  1.20  0.96%   
Euronext's market value is the price at which a share of Euronext trades on a public exchange. It measures the collective expectations of Euronext NV investors about its performance. Euronext is trading at 126.00 as of the 15th of March 2025, a 0.96% up since the beginning of the trading day. The stock's open price was 124.8.
With this module, you can estimate the performance of a buy and hold strategy of Euronext NV and determine expected loss or profit from investing in Euronext over a given investment horizon. Check out Euronext Correlation, Euronext Volatility and Euronext Alpha and Beta module to complement your research on Euronext.
Symbol

Please note, there is a significant difference between Euronext's value and its price as these two are different measures arrived at by different means. Investors typically determine if Euronext is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Euronext'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.

Euronext '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 Euronext'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 Euronext.
0.00
12/15/2024
No Change 0.00  0.0 
In 3 months and 1 day
03/15/2025
0.00
If you would invest  0.00  in Euronext on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Euronext NV or generate 0.0% return on investment in Euronext over 90 days. Euronext is related to or competes with Amundi SA, Teleperformance, Eurofins Scientific, and Sartorius Stedim. Euronext N.V., together with its subsidiaries, operates securities and derivatives exchanges in Continental Europe, Irel... More

Euronext 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 Euronext'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 Euronext NV upside and downside potential and time the market with a certain degree of confidence.

Euronext Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Euronext's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Euronext's standard deviation. In reality, there are many statistical measures that can use Euronext historical prices to predict the future Euronext's volatility.
Hype
Prediction
LowEstimatedHigh
124.99126.00127.01
Details
Intrinsic
Valuation
LowRealHigh
110.31111.32138.60
Details

Euronext NV Backtested Returns

Euronext appears to be very steady, given 3 months investment horizon. Euronext NV secures Sharpe Ratio (or Efficiency) of 0.23, which denotes the company had a 0.23 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Euronext NV, which you can use to evaluate the volatility of the firm. Please utilize Euronext's Mean Deviation of 0.7579, downside deviation of 0.9273, and Coefficient Of Variation of 379.87 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Euronext holds a performance score of 18. The firm shows a Beta (market volatility) of 0.32, which means possible diversification benefits within a given portfolio. As returns on the market increase, Euronext's returns are expected to increase less than the market. However, during the bear market, the loss of holding Euronext is expected to be smaller as well. Please check Euronext's semi variance, rate of daily change, and the relationship between the value at risk and kurtosis , to make a quick decision on whether Euronext's price patterns will revert.

Auto-correlation

    
  0.56  

Modest predictability

Euronext NV has modest predictability. Overlapping area represents the amount of predictability between Euronext time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Euronext NV price movement. The serial correlation of 0.56 indicates that roughly 56.0% of current Euronext price fluctuation can be explain by its past prices.
Correlation Coefficient0.56
Spearman Rank Test0.45
Residual Average0.0
Price Variance17.24

Euronext NV lagged returns against current returns

Autocorrelation, which is Euronext 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 Euronext's stock expected returns. We can calculate the autocorrelation of Euronext returns to help us make a trade decision. For example, suppose you find that Euronext 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  

Euronext 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 Euronext stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Euronext stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Euronext stock over time.
   Current vs Lagged Prices   
       Timeline  

Euronext Lagged Returns

When evaluating Euronext's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Euronext stock have on its future price. Euronext 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, Euronext autocorrelation shows the relationship between Euronext stock current value and its past values and can show if there is a momentum factor associated with investing in Euronext NV.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Euronext Stock

Euronext financial ratios help investors to determine whether Euronext 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 Euronext with respect to the benefits of owning Euronext security.