Xcel Energy (Germany) Market Value
| NRN Stock | EUR 63.08 0.89 1.43% |
| Symbol | Xcel |
Xcel 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 Xcel 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 Xcel Energy.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Xcel Energy on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Xcel Energy or generate 0.0% return on investment in Xcel Energy over 90 days. Xcel Energy is related to or competes with MOUNT GIBSON, Monster Beverage, Japan Steel, Veolia Environnement, MOLSON COORS, China Resources, and Thai Beverage. Xcel Energy Inc., through its subsidiaries, engages primarily in the generation, purchase, transmission, distribution, a... More
Xcel 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 Xcel 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 Xcel Energy upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0644 | |||
| Maximum Drawdown | 7.4 | |||
| Value At Risk | (2.39) | |||
| Potential Upside | 2.69 |
Xcel Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Xcel Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Xcel Energy's standard deviation. In reality, there are many statistical measures that can use Xcel Energy historical prices to predict the future Xcel Energy's volatility.| Risk Adjusted Performance | 0.0028 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | 0.1758 | |||
| Treynor Ratio | 0.2401 |
Xcel Energy Backtested Returns
Xcel Energy shows Sharpe Ratio of close to zero, which attests that the company had a close to zero % return per unit of risk over the last 3 months. Xcel Energy exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Xcel Energy's Market Risk Adjusted Performance of 0.2501, standard deviation of 1.5, and Mean Deviation of 1.11 to validate the risk estimate we provide. The firm maintains a market beta of -0.0514, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Xcel Energy are expected to decrease at a much lower rate. During the bear market, Xcel Energy is likely to outperform the market. At this point, Xcel Energy has a negative expected return of -0.0023%. Please make sure to check out Xcel Energy's maximum drawdown, daily balance of power, and the relationship between the total risk alpha and skewness , to decide if Xcel Energy performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.11 |
Insignificant reverse predictability
Xcel Energy has insignificant reverse predictability. Overlapping area represents the amount of predictability between Xcel Energy time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 Xcel Energy price movement. The serial correlation of -0.11 indicates that less than 11.0% of current Xcel Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.11 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 2.82 |
Xcel Energy lagged returns against current returns
Autocorrelation, which is Xcel 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 Xcel Energy's stock expected returns. We can calculate the autocorrelation of Xcel Energy returns to help us make a trade decision. For example, suppose you find that Xcel 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 |
| Timeline |
Xcel 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 Xcel Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Xcel Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Xcel Energy stock over time.
Current vs Lagged Prices |
| Timeline |
Xcel Energy Lagged Returns
When evaluating Xcel Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Xcel Energy stock have on its future price. Xcel 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, Xcel Energy autocorrelation shows the relationship between Xcel Energy stock current value and its past values and can show if there is a momentum factor associated with investing in Xcel Energy.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Xcel Stock
When determining whether Xcel Energy is a strong investment it is important to analyze Xcel Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Xcel Energy's future performance. For an informed investment choice regarding Xcel Stock, refer to the following important reports:Check out Xcel Energy Correlation, Xcel Energy Volatility and Xcel Energy Alpha and Beta module to complement your research on Xcel Energy. For more detail on how to invest in Xcel Stock please use our How to Invest in Xcel Energy guide.You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Xcel Energy technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.