Eneraqua Technologies (UK) Market Value
| ETP Stock | 40.50 0.50 1.22% |
| Symbol | Eneraqua |
Eneraqua Technologies '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 Eneraqua Technologies' 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 Eneraqua Technologies.
| 02/01/2023 |
| 01/21/2025 |
If you would invest 0.00 in Eneraqua Technologies on February 1, 2023 and sell it all today you would earn a total of 0.00 from holding Eneraqua Technologies PLC or generate 0.0% return on investment in Eneraqua Technologies over 720 days. Eneraqua Technologies is related to or competes with Fair Oaks, Sealed Air, Blackrock World, Wizz Air, and Cornish Metals. Eneraqua Technologies is entity of United Kingdom More
Eneraqua Technologies 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 Eneraqua Technologies' 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 Eneraqua Technologies PLC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.5 | |||
| Information Ratio | 0.0241 | |||
| Maximum Drawdown | 23.88 | |||
| Value At Risk | (2.94) | |||
| Potential Upside | 5.05 |
Eneraqua Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Eneraqua Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Eneraqua Technologies' standard deviation. In reality, there are many statistical measures that can use Eneraqua Technologies historical prices to predict the future Eneraqua Technologies' volatility.| Risk Adjusted Performance | 0.0359 | |||
| Jensen Alpha | 0.0808 | |||
| Total Risk Alpha | 0.0213 | |||
| Sortino Ratio | 0.0153 | |||
| Treynor Ratio | 0.2256 |
Eneraqua Technologies PLC Backtested Returns
At this point, Eneraqua Technologies is very steady. Eneraqua Technologies PLC secures Sharpe Ratio (or Efficiency) of 0.0289, which denotes the company had a 0.0289 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Eneraqua Technologies PLC, which you can use to evaluate the volatility of the firm. Please confirm Eneraqua Technologies' Mean Deviation of 1.43, downside deviation of 4.5, and Coefficient Of Variation of 2895.83 to check if the risk estimate we provide is consistent with the expected return of 0.0856%. Eneraqua Technologies has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.39, which means possible diversification benefits within a given portfolio. As returns on the market increase, Eneraqua Technologies' returns are expected to increase less than the market. However, during the bear market, the loss of holding Eneraqua Technologies is expected to be smaller as well. Eneraqua Technologies PLC right now shows a risk of 2.97%. Please confirm Eneraqua Technologies PLC maximum drawdown, skewness, and the relationship between the total risk alpha and downside variance , to decide if Eneraqua Technologies PLC will be following its price patterns.
Auto-correlation | -0.24 |
Weak reverse predictability
Eneraqua Technologies PLC has weak reverse predictability. Overlapping area represents the amount of predictability between Eneraqua Technologies time series from 1st of February 2023 to 27th of January 2024 and 27th of January 2024 to 21st of January 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 Eneraqua Technologies PLC price movement. The serial correlation of -0.24 indicates that over 24.0% of current Eneraqua Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.24 | |
| Spearman Rank Test | -0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 12.3 |
Eneraqua Technologies PLC lagged returns against current returns
Autocorrelation, which is Eneraqua Technologies 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 Eneraqua Technologies' stock expected returns. We can calculate the autocorrelation of Eneraqua Technologies returns to help us make a trade decision. For example, suppose you find that Eneraqua Technologies 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 |
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Eneraqua Technologies 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 Eneraqua Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Eneraqua Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Eneraqua Technologies stock over time.
Current vs Lagged Prices |
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Eneraqua Technologies Lagged Returns
When evaluating Eneraqua Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Eneraqua Technologies stock have on its future price. Eneraqua Technologies 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, Eneraqua Technologies autocorrelation shows the relationship between Eneraqua Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in Eneraqua Technologies PLC.
Regressed Prices |
| Timeline |
Also Currently Popular
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 Eneraqua Stock
Eneraqua Technologies financial ratios help investors to determine whether Eneraqua 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 Eneraqua with respect to the benefits of owning Eneraqua Technologies security.