Energy Solar (Spain) Market Value
| ETC Stock | 2.54 0.06 2.31% |
| Symbol | Energy |
Energy Solar '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 Solar'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 Energy Solar.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Energy Solar on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Energy Solar Tech or generate 0.0% return on investment in Energy Solar over 90 days. Energy Solar is related to or competes with Arteche Lantegi, Biotechnology Assets, Ebro Foods, Elaia Investment, Neinor Homes, Bankinter, and Naturhouse Health. More
Energy Solar 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 Solar'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 Energy Solar Tech upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 14.62 | |||
| Value At Risk | (4.03) | |||
| Potential Upside | 3.78 |
Energy Solar Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Energy Solar's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Energy Solar's standard deviation. In reality, there are many statistical measures that can use Energy Solar historical prices to predict the future Energy Solar's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | 0.0677 | |||
| Treynor Ratio | 3.64 |
Energy Solar Tech Backtested Returns
Energy Solar Tech secures Sharpe Ratio (or Efficiency) of -0.0943, which denotes the company had a -0.0943 % return per unit of risk over the last 3 months. Energy Solar Tech exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Energy Solar's Standard Deviation of 2.51, variance of 6.31, and Mean Deviation of 1.84 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.0678, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Energy Solar are expected to decrease at a much lower rate. During the bear market, Energy Solar is likely to outperform the market. At this point, Energy Solar Tech has a negative expected return of -0.24%. Please make sure to confirm Energy Solar's standard deviation, maximum drawdown, kurtosis, as well as the relationship between the total risk alpha and potential upside , to decide if Energy Solar Tech performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.52 |
Modest predictability
Energy Solar Tech has modest predictability. Overlapping area represents the amount of predictability between Energy Solar 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 Energy Solar Tech price movement. The serial correlation of 0.52 indicates that about 52.0% of current Energy Solar price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.52 | |
| Spearman Rank Test | 0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Energy Solar Tech lagged returns against current returns
Autocorrelation, which is Energy Solar 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 Solar's stock expected returns. We can calculate the autocorrelation of Energy Solar returns to help us make a trade decision. For example, suppose you find that Energy Solar 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 Solar 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 Solar stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Energy Solar stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Energy Solar stock over time.
Current vs Lagged Prices |
| Timeline |
Energy Solar Lagged Returns
When evaluating Energy Solar's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Energy Solar stock have on its future price. Energy Solar 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 Solar autocorrelation shows the relationship between Energy Solar stock current value and its past values and can show if there is a momentum factor associated with investing in Energy Solar Tech.
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.Other Information on Investing in Energy Stock
Energy Solar financial ratios help investors to determine whether Energy 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 Energy with respect to the benefits of owning Energy Solar security.