Engie SA's market value is the price at which a share of Engie SA trades on a public exchange. It measures the collective expectations of Engie SA investors about its performance. Engie SA is trading at 15.71 as of the 12th of January 2025. This is a 0.82% down since the beginning of the trading day. The stock's lowest day price was 15.7. With this module, you can estimate the performance of a buy and hold strategy of Engie SA and determine expected loss or profit from investing in Engie SA over a given investment horizon. Check out Engie SA Correlation, Engie SA Volatility and Engie SA Alpha and Beta module to complement your research on Engie SA.
Please note, there is a significant difference between Engie SA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Engie SA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Engie SA's 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.
Engie SA '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 Engie SA'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 Engie SA.
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01/18/2024
No Change 0.00
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In 11 months and 27 days
01/12/2025
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If you would invest 0.00 in Engie SA on January 18, 2024 and sell it all today you would earn a total of 0.00 from holding Engie SA or generate 0.0% return on investment in Engie SA over 360 days. Engie SA is related to or competes with H2O Retailing, CANON MARKETING, MUTUIONLINE, TRADEGATE, SIDETRADE, TRADEDOUBLER, and Canon Marketing. ENGIE SA engages in power, natural gas, and energy services businesses More
Engie SA 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 Engie SA'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 Engie SA 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 Engie SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Engie SA's standard deviation. In reality, there are many statistical measures that can use Engie SA historical prices to predict the future Engie SA's volatility.
Engie SA secures Sharpe Ratio (or Efficiency) of -0.0122, which denotes the company had a -0.0122% return per unit of risk over the last 3 months. Engie SA exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Engie SA's Downside Deviation of 0.9779, mean deviation of 0.8158, and Coefficient Of Variation of 2763.89 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0312, which means not very significant fluctuations relative to the market. As returns on the market increase, Engie SA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Engie SA is expected to be smaller as well. At this point, Engie SA has a negative expected return of -0.0125%. Please make sure to confirm Engie SA's sortino ratio, potential upside, and the relationship between the jensen alpha and maximum drawdown , to decide if Engie SA performance from the past will be repeated at some point in the near future.
Auto-correlation
0.15
Insignificant predictability
Engie SA has insignificant predictability. Overlapping area represents the amount of predictability between Engie SA time series from 18th of January 2024 to 16th of July 2024 and 16th of July 2024 to 12th 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 Engie SA price movement. The serial correlation of 0.15 indicates that less than 15.0% of current Engie SA price fluctuation can be explain by its past prices.
Correlation Coefficient
0.15
Spearman Rank Test
0.22
Residual Average
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Price Variance
0.24
Engie SA lagged returns against current returns
Autocorrelation, which is Engie SA 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 Engie SA's stock expected returns. We can calculate the autocorrelation of Engie SA returns to help us make a trade decision. For example, suppose you find that Engie SA 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
Engie SA 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 Engie SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Engie SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Engie SA stock over time.
Current vs Lagged Prices
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Engie SA Lagged Returns
When evaluating Engie SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Engie SA stock have on its future price. Engie SA 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, Engie SA autocorrelation shows the relationship between Engie SA stock current value and its past values and can show if there is a momentum factor associated with investing in Engie SA.
Engie SA financial ratios help investors to determine whether Engie 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 Engie with respect to the benefits of owning Engie SA security.