Equatorial Energia (Brazil) Market Value
| EQTL3 Stock | BRL 32.77 0.55 1.71% |
| Symbol | Equatorial |
Equatorial 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 Equatorial 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 Equatorial Energia.
| 12/18/2024 |
| 03/18/2025 |
If you would invest 0.00 in Equatorial Energia on December 18, 2024 and sell it all today you would earn a total of 0.00 from holding Equatorial Energia SA or generate 0.0% return on investment in Equatorial Energia over 90 days. Equatorial Energia is related to or competes with Localiza Rent, Raia Drogasil, Engie Brasil, and Lojas Renner. Equatorial Energia S.A., through its subsidiaries, generates, transmits, and distributes electricity in Brazil More
Equatorial 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 Equatorial 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 Equatorial Energia SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.86 | |||
| Information Ratio | 0.1144 | |||
| Maximum Drawdown | 7.82 | |||
| Value At Risk | (2.73) | |||
| Potential Upside | 2.97 |
Equatorial Energia Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Equatorial Energia's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Equatorial Energia's standard deviation. In reality, there are many statistical measures that can use Equatorial Energia historical prices to predict the future Equatorial Energia's volatility.| Risk Adjusted Performance | 0.0578 | |||
| Jensen Alpha | 0.115 | |||
| Total Risk Alpha | 0.3303 | |||
| Sortino Ratio | 0.113 | |||
| Treynor Ratio | 0.7688 |
Equatorial Energia Backtested Returns
Equatorial Energia appears to be very steady, given 3 months investment horizon. Equatorial Energia secures Sharpe Ratio (or Efficiency) of 0.16, which denotes the company had a 0.16 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Equatorial Energia SA, which you can use to evaluate the volatility of the firm. Please utilize Equatorial Energia's Downside Deviation of 1.86, mean deviation of 1.42, and Coefficient Of Variation of 1655.87 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Equatorial Energia holds a performance score of 12. The firm shows a Beta (market volatility) of 0.13, which means not very significant fluctuations relative to the market. As returns on the market increase, Equatorial Energia's returns are expected to increase less than the market. However, during the bear market, the loss of holding Equatorial Energia is expected to be smaller as well. Please check Equatorial Energia's maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to make a quick decision on whether Equatorial Energia's price patterns will revert.
Auto-correlation | 0.41 |
Average predictability
Equatorial Energia SA has average predictability. Overlapping area represents the amount of predictability between Equatorial Energia time series from 18th of December 2024 to 1st of February 2025 and 1st of February 2025 to 18th 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 Equatorial Energia price movement. The serial correlation of 0.41 indicates that just about 41.0% of current Equatorial Energia price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.41 | |
| Spearman Rank Test | 0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 0.5 |
Equatorial Energia lagged returns against current returns
Autocorrelation, which is Equatorial 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 Equatorial Energia's stock expected returns. We can calculate the autocorrelation of Equatorial Energia returns to help us make a trade decision. For example, suppose you find that Equatorial 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 |
Equatorial 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 Equatorial Energia stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Equatorial Energia stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Equatorial Energia stock over time.
Current vs Lagged Prices |
| Timeline |
Equatorial Energia Lagged Returns
When evaluating Equatorial Energia's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Equatorial Energia stock have on its future price. Equatorial 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, Equatorial Energia autocorrelation shows the relationship between Equatorial Energia stock current value and its past values and can show if there is a momentum factor associated with investing in Equatorial Energia SA.
Regressed Prices |
| Timeline |
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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.Additional Tools for Equatorial Stock Analysis
When running Equatorial Energia's price analysis, check to measure Equatorial Energia's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Equatorial Energia is operating at the current time. Most of Equatorial Energia's value examination focuses on studying past and present price action to predict the probability of Equatorial Energia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Equatorial Energia's price. Additionally, you may evaluate how the addition of Equatorial Energia to your portfolios can decrease your overall portfolio volatility.