NRJ (France) Market Value
| NRG Stock | EUR 6.96 0.02 0.29% |
| Symbol | NRJ |
NRJ '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 NRJ'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 NRJ.
| 12/07/2023 |
| 12/01/2024 |
If you would invest 0.00 in NRJ on December 7, 2023 and sell it all today you would earn a total of 0.00 from holding NRJ Group or generate 0.0% return on investment in NRJ over 360 days. NRJ is related to or competes with Television Francaise, Mtropole Tlvision, Haulotte Group, VIEL Cie, and Ipsos SA. NRJ Group SA, together with its subsidiaries, publishes, produces, broadcasts, and markets its own media spaces More
NRJ 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 NRJ'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 NRJ Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.38) | |||
| Maximum Drawdown | 3.94 | |||
| Value At Risk | (1.63) | |||
| Potential Upside | 1.14 |
NRJ Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NRJ's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NRJ's standard deviation. In reality, there are many statistical measures that can use NRJ historical prices to predict the future NRJ's volatility.| Risk Adjusted Performance | (0.17) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.34) | |||
| Treynor Ratio | 1.47 |
NRJ Group Backtested Returns
NRJ Group has Sharpe Ratio of -0.2, which conveys that the firm had a -0.2% return per unit of volatility over the last 3 months. NRJ exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify NRJ's risk adjusted performance of (0.17), and Mean Deviation of 0.6625 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.13, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning NRJ are expected to decrease at a much lower rate. During the bear market, NRJ is likely to outperform the market. At this point, NRJ Group has a negative expected return of -0.17%. Please make sure to verify NRJ's skewness, and the relationship between the treynor ratio and daily balance of power , to decide if NRJ Group performance from the past will be repeated at future time.
Auto-correlation | -0.38 |
Poor reverse predictability
NRJ Group has poor reverse predictability. Overlapping area represents the amount of predictability between NRJ time series from 7th of December 2023 to 4th of June 2024 and 4th of June 2024 to 1st 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 NRJ Group price movement. The serial correlation of -0.38 indicates that just about 38.0% of current NRJ price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.38 | |
| Spearman Rank Test | -0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
NRJ Group lagged returns against current returns
Autocorrelation, which is NRJ 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 NRJ's stock expected returns. We can calculate the autocorrelation of NRJ returns to help us make a trade decision. For example, suppose you find that NRJ 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 |
NRJ 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 NRJ stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NRJ stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NRJ stock over time.
Current vs Lagged Prices |
| Timeline |
NRJ Lagged Returns
When evaluating NRJ's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NRJ stock have on its future price. NRJ 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, NRJ autocorrelation shows the relationship between NRJ stock current value and its past values and can show if there is a momentum factor associated with investing in NRJ Group.
Regressed Prices |
| Timeline |
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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 NRJ Stock
NRJ financial ratios help investors to determine whether NRJ 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 NRJ with respect to the benefits of owning NRJ security.