Energy Resources (Australia) Market Value
| ERA Stock | 0 0 50.00% |
| Symbol | Energy |
Energy Resources '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 Energy Resources' 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 Energy Resources.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Energy Resources on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Energy Resources or generate 0.0% return on investment in Energy Resources over 90 days. Energy Resources is related to or competes with Ainsworth Game, Nufarm Finance, and WiseTech Global. Energy Resources is entity of Australia. It is traded as Stock on AU exchange. More
Energy Resources 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 Energy Resources' 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 Energy Resources upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 29.09 | |||
| Information Ratio | 0.1211 | |||
| Maximum Drawdown | 83.33 | |||
| Value At Risk | (33.33) | |||
| Potential Upside | 50.0 |
Energy Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Energy Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Energy Resources' standard deviation. In reality, there are many statistical measures that can use Energy Resources historical prices to predict the future Energy Resources' volatility.| Risk Adjusted Performance | 0.1099 | |||
| Jensen Alpha | 2.24 | |||
| Total Risk Alpha | 4.1 | |||
| Sortino Ratio | 0.0711 | |||
| Treynor Ratio | 0.7732 |
Energy Resources Backtested Returns
Energy Resources is out of control given 3 months investment horizon. Energy Resources secures Sharpe Ratio (or Efficiency) of 0.0796, which denotes the company had a 0.0796 % return per unit of risk over the last 3 months. We were able to analyze twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.37% are justified by taking the suggested risk. Use Energy Resources Coefficient Of Variation of 867.23, mean deviation of 9.71, and Downside Deviation of 29.09 to evaluate company specific risk that cannot be diversified away. Energy Resources holds a performance score of 6 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 2.53, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Energy Resources will likely underperform. Use Energy Resources coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to analyze future returns on Energy Resources.
Auto-correlation | -0.11 |
Insignificant reverse predictability
Energy Resources has insignificant reverse predictability. Overlapping area represents the amount of predictability between Energy Resources time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 Energy Resources price movement. The serial correlation of -0.11 indicates that less than 11.0% of current Energy Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.11 | |
| Spearman Rank Test | -0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Energy Resources lagged returns against current returns
Autocorrelation, which is Energy Resources 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 Energy Resources' stock expected returns. We can calculate the autocorrelation of Energy Resources returns to help us make a trade decision. For example, suppose you find that Energy Resources 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 |
Energy Resources 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 Energy Resources stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Energy Resources stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Energy Resources stock over time.
Current vs Lagged Prices |
| Timeline |
Energy Resources Lagged Returns
When evaluating Energy Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Energy Resources stock have on its future price. Energy Resources 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, Energy Resources autocorrelation shows the relationship between Energy Resources stock current value and its past values and can show if there is a momentum factor associated with investing in Energy Resources.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Energy Stock Analysis
When running Energy Resources' price analysis, check to measure Energy Resources' 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 Energy Resources is operating at the current time. Most of Energy Resources' value examination focuses on studying past and present price action to predict the probability of Energy Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Energy Resources' price. Additionally, you may evaluate how the addition of Energy Resources to your portfolios can decrease your overall portfolio volatility.