NRG ENERGY (Germany) Market Value
| NRA Stock | 86.54 8.70 11.18% |
| Symbol | NRG |
NRG ENERGY '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 NRG ENERGY'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 NRG ENERGY.
| 12/12/2024 |
| 03/12/2025 |
If you would invest 0.00 in NRG ENERGY on December 12, 2024 and sell it all today you would earn a total of 0.00 from holding NRG ENERGY or generate 0.0% return on investment in NRG ENERGY over 90 days. NRG ENERGY is related to or competes with AGNC INVESTMENT, Keck Seng, Tokentus Investment, ELECTRONIC ARTS, and LPKF Laser. More
NRG ENERGY 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 NRG ENERGY'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 NRG ENERGY upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 18.86 | |||
| Value At Risk | (6.56) | |||
| Potential Upside | 5.02 |
NRG ENERGY Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NRG ENERGY's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NRG ENERGY's standard deviation. In reality, there are many statistical measures that can use NRG ENERGY historical prices to predict the future NRG ENERGY's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | 0.3122 | |||
| Treynor Ratio | (0.30) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of NRG ENERGY's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
NRG ENERGY Backtested Returns
NRG ENERGY has Sharpe Ratio of -0.0552, which conveys that the firm had a -0.0552 % return per unit of risk over the last 3 months. NRG ENERGY exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify NRG ENERGY's risk adjusted performance of (0.05), and Mean Deviation of 2.34 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.79, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, NRG ENERGY's returns are expected to increase less than the market. However, during the bear market, the loss of holding NRG ENERGY is expected to be smaller as well. At this point, NRG ENERGY has a negative expected return of -0.2%. Please make sure to verify NRG ENERGY's total risk alpha, kurtosis, market facilitation index, as well as the relationship between the value at risk and rate of daily change , to decide if NRG ENERGY performance from the past will be repeated at future time.
Auto-correlation | 0.22 |
Weak predictability
NRG ENERGY has weak predictability. Overlapping area represents the amount of predictability between NRG ENERGY time series from 12th of December 2024 to 26th of January 2025 and 26th of January 2025 to 12th 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 NRG ENERGY price movement. The serial correlation of 0.22 indicates that over 22.0% of current NRG ENERGY price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.22 | |
| Spearman Rank Test | 0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 14.47 |
NRG ENERGY lagged returns against current returns
Autocorrelation, which is NRG ENERGY 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 NRG ENERGY's stock expected returns. We can calculate the autocorrelation of NRG ENERGY returns to help us make a trade decision. For example, suppose you find that NRG ENERGY 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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NRG ENERGY 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 NRG ENERGY stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NRG ENERGY stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NRG ENERGY stock over time.
Current vs Lagged Prices |
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NRG ENERGY Lagged Returns
When evaluating NRG ENERGY's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NRG ENERGY stock have on its future price. NRG ENERGY 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, NRG ENERGY autocorrelation shows the relationship between NRG ENERGY stock current value and its past values and can show if there is a momentum factor associated with investing in NRG ENERGY.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for NRG Stock Analysis
When running NRG ENERGY's price analysis, check to measure NRG ENERGY'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 NRG ENERGY is operating at the current time. Most of NRG ENERGY's value examination focuses on studying past and present price action to predict the probability of NRG ENERGY's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NRG ENERGY's price. Additionally, you may evaluate how the addition of NRG ENERGY to your portfolios can decrease your overall portfolio volatility.