ENTERGY - (Germany) Market Value
| ETY Stock | EUR 71.50 0.50 0.69% |
| Symbol | ENTERGY |
ENTERGY - '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 ENTERGY -'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 ENTERGY -.
| 02/05/2024 |
| 12/31/2024 |
If you would invest 0.00 in ENTERGY - on February 5, 2024 and sell it all today you would earn a total of 0.00 from holding ENTERGY Dusseldorf or generate 0.0% return on investment in ENTERGY - over 330 days. ENTERGY - is related to or competes with Apple, Apple, Apple, Apple, Microsoft, Microsoft, and Microsoft. More
ENTERGY - 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 ENTERGY -'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 ENTERGY Dusseldorf upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.73 | |||
| Information Ratio | 0.1529 | |||
| Maximum Drawdown | 21.24 | |||
| Value At Risk | (2.07) | |||
| Potential Upside | 2.84 |
ENTERGY - Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ENTERGY -'s investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ENTERGY -'s standard deviation. In reality, there are many statistical measures that can use ENTERGY - historical prices to predict the future ENTERGY -'s volatility.| Risk Adjusted Performance | 0.134 | |||
| Jensen Alpha | 0.3761 | |||
| Total Risk Alpha | 0.3672 | |||
| Sortino Ratio | 0.2152 | |||
| Treynor Ratio | (0.70) |
ENTERGY Dusseldorf Backtested Returns
ENTERGY - appears to be very steady, given 3 months investment horizon. ENTERGY Dusseldorf secures Sharpe Ratio (or Efficiency) of 0.15, which denotes the company had a 0.15% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for ENTERGY Dusseldorf, which you can use to evaluate the volatility of the firm. Please utilize ENTERGY -'s Market Risk Adjusted Performance of (0.69), mean deviation of 1.38, and Downside Deviation of 1.73 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, ENTERGY - holds a performance score of 11. The firm shows a Beta (market volatility) of -0.54, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning ENTERGY - are expected to decrease at a much lower rate. During the bear market, ENTERGY - is likely to outperform the market. Please check ENTERGY -'s sortino ratio, potential upside, skewness, as well as the relationship between the maximum drawdown and semi variance , to make a quick decision on whether ENTERGY -'s price patterns will revert.
Auto-correlation | 0.74 |
Good predictability
ENTERGY Dusseldorf has good predictability. Overlapping area represents the amount of predictability between ENTERGY - time series from 5th of February 2024 to 19th of July 2024 and 19th of July 2024 to 31st of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of ENTERGY Dusseldorf price movement. The serial correlation of 0.74 indicates that around 74.0% of current ENTERGY - price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.74 | |
| Spearman Rank Test | 0.79 | |
| Residual Average | 0.0 | |
| Price Variance | 64.44 |
ENTERGY Dusseldorf lagged returns against current returns
Autocorrelation, which is ENTERGY - 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 ENTERGY -'s stock expected returns. We can calculate the autocorrelation of ENTERGY - returns to help us make a trade decision. For example, suppose you find that ENTERGY - 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 |
ENTERGY - 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 ENTERGY - stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ENTERGY - stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ENTERGY - stock over time.
Current vs Lagged Prices |
| Timeline |
ENTERGY - Lagged Returns
When evaluating ENTERGY -'s market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ENTERGY - stock have on its future price. ENTERGY - 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, ENTERGY - autocorrelation shows the relationship between ENTERGY - stock current value and its past values and can show if there is a momentum factor associated with investing in ENTERGY Dusseldorf.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for ENTERGY Stock Analysis
When running ENTERGY -'s price analysis, check to measure ENTERGY -'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 ENTERGY - is operating at the current time. Most of ENTERGY -'s value examination focuses on studying past and present price action to predict the probability of ENTERGY -'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ENTERGY -'s price. Additionally, you may evaluate how the addition of ENTERGY - to your portfolios can decrease your overall portfolio volatility.