Esgl Holdings Limited Etf Market Value
| ESGL Etf | USD 2.03 0.14 7.41% |
| Symbol | ESGL |
The market value of ESGL Holdings Limited is measured differently than its book value, which is the value of ESGL that is recorded on the company's balance sheet. Investors also form their own opinion of ESGL Holdings' value that differs from its market value or its book value, called intrinsic value, which is ESGL Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ESGL Holdings' market value can be influenced by many factors that don't directly affect ESGL Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ESGL Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if ESGL Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ESGL Holdings' 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.
ESGL Holdings '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 ESGL Holdings' etf 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 ESGL Holdings.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in ESGL Holdings on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding ESGL Holdings Limited or generate 0.0% return on investment in ESGL Holdings over 90 days. ESGL Holdings is related to or competes with FT Vest, Zillow Group, Northern Lights, VanEck Vectors, Freedom Day, and SSGA Active. The investment seeks to track the investment results of the Invesco Revenue Weighted ESG Index More
ESGL Holdings 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 ESGL Holdings' etf 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 ESGL Holdings Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.6 | |||
| Information Ratio | 0.1302 | |||
| Maximum Drawdown | 42.76 | |||
| Value At Risk | (11.71) | |||
| Potential Upside | 12.24 |
ESGL Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ESGL Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ESGL Holdings' standard deviation. In reality, there are many statistical measures that can use ESGL Holdings historical prices to predict the future ESGL Holdings' volatility.| Risk Adjusted Performance | 0.1106 | |||
| Jensen Alpha | 0.9801 | |||
| Total Risk Alpha | 1.78 | |||
| Sortino Ratio | 0.146 | |||
| Treynor Ratio | 0.7448 |
ESGL Holdings Limited Backtested Returns
ESGL Holdings is extremely dangerous given 3 months investment horizon. ESGL Holdings Limited secures Sharpe Ratio (or Efficiency) of 0.15, which denotes the etf had a 0.15 % return per unit of return volatility over the last 3 months. We were able to analyze and collect data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.11% are justified by taking the suggested risk. Use ESGL Holdings mean deviation of 4.84, and Downside Deviation of 6.6 to evaluate company specific risk that cannot be diversified away. The etf shows a Beta (market volatility) of 1.15, which means a somewhat significant risk relative to the market. ESGL Holdings returns are very sensitive to returns on the market. As the market goes up or down, ESGL Holdings is expected to follow.
Auto-correlation | -0.71 |
Almost perfect reverse predictability
ESGL Holdings Limited has almost perfect reverse predictability. Overlapping area represents the amount of predictability between ESGL Holdings 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 ESGL Holdings Limited price movement. The serial correlation of -0.71 indicates that around 71.0% of current ESGL Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.71 | |
| Spearman Rank Test | -0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
ESGL Holdings Limited lagged returns against current returns
Autocorrelation, which is ESGL Holdings etf'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 ESGL Holdings' etf expected returns. We can calculate the autocorrelation of ESGL Holdings returns to help us make a trade decision. For example, suppose you find that ESGL Holdings has exhibited high autocorrelation historically, and you observe that the etf 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 |
ESGL Holdings 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 ESGL Holdings etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ESGL Holdings etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ESGL Holdings etf over time.
Current vs Lagged Prices |
| Timeline |
ESGL Holdings Lagged Returns
When evaluating ESGL Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ESGL Holdings etf have on its future price. ESGL Holdings 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, ESGL Holdings autocorrelation shows the relationship between ESGL Holdings etf current value and its past values and can show if there is a momentum factor associated with investing in ESGL Holdings Limited.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectOther Information on Investing in ESGL Etf
ESGL Holdings financial ratios help investors to determine whether ESGL Etf 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 ESGL with respect to the benefits of owning ESGL Holdings security.