Europower Enerji's market value is the price at which a share of Europower Enerji trades on a public exchange. It measures the collective expectations of Europower Enerji ve investors about its performance. Europower Enerji is trading at 35.92 as of the 18th of December 2024. This is a 0.61% down since the beginning of the trading day. The stock's open price was 36.14. With this module, you can estimate the performance of a buy and hold strategy of Europower Enerji ve and determine expected loss or profit from investing in Europower Enerji over a given investment horizon. Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Symbol
Europower
Europower Enerji '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 Europower Enerji'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 Europower Enerji.
0.00
11/18/2024
No Change 0.00
0.0
In 30 days
12/18/2024
0.00
If you would invest 0.00 in Europower Enerji on November 18, 2024 and sell it all today you would earn a total of 0.00 from holding Europower Enerji ve or generate 0.0% return on investment in Europower Enerji over 30 days.
Europower Enerji 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 Europower Enerji'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 Europower Enerji ve upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Europower Enerji's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Europower Enerji's standard deviation. In reality, there are many statistical measures that can use Europower Enerji historical prices to predict the future Europower Enerji's volatility.
Europower Enerji appears to be not too volatile, given 3 months investment horizon. Europower Enerji secures Sharpe Ratio (or Efficiency) of 0.12, which denotes the company had a 0.12% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Europower Enerji ve, which you can use to evaluate the volatility of the firm. Please utilize Europower Enerji's Coefficient Of Variation of 753.64, mean deviation of 2.42, and Downside Deviation of 2.56 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Europower Enerji holds a performance score of 9. The firm shows a Beta (market volatility) of -0.91, which means possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Europower Enerji are expected to decrease slowly. On the other hand, during market turmoil, Europower Enerji is expected to outperform it slightly. Please check Europower Enerji's value at risk, as well as the relationship between the kurtosis and price action indicator , to make a quick decision on whether Europower Enerji's price patterns will revert.
Auto-correlation
0.09
Virtually no predictability
Europower Enerji ve has virtually no predictability. Overlapping area represents the amount of predictability between Europower Enerji time series from 18th of November 2024 to 3rd of December 2024 and 3rd of December 2024 to 18th 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 Europower Enerji price movement. The serial correlation of 0.09 indicates that less than 9.0% of current Europower Enerji price fluctuation can be explain by its past prices.
Correlation Coefficient
0.09
Spearman Rank Test
-0.25
Residual Average
0.0
Price Variance
0.47
Europower Enerji lagged returns against current returns
Autocorrelation, which is Europower Enerji 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 Europower Enerji's stock expected returns. We can calculate the autocorrelation of Europower Enerji returns to help us make a trade decision. For example, suppose you find that Europower Enerji 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
Europower Enerji 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 Europower Enerji stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Europower Enerji stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Europower Enerji stock over time.
Current vs Lagged Prices
Timeline
Europower Enerji Lagged Returns
When evaluating Europower Enerji's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Europower Enerji stock have on its future price. Europower Enerji 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, Europower Enerji autocorrelation shows the relationship between Europower Enerji stock current value and its past values and can show if there is a momentum factor associated with investing in Europower Enerji ve.
Regressed Prices
Timeline
Thematic Opportunities
Explore Investment Opportunities
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.