Technip Energies' market value is the price at which a share of Technip Energies trades on a public exchange. It measures the collective expectations of Technip Energies NV investors about its performance. Technip Energies is trading at 26.65 as of the 5th of January 2025. This is a No Change since the beginning of the trading day. The stock's lowest day price was 26.65. With this module, you can estimate the performance of a buy and hold strategy of Technip Energies NV and determine expected loss or profit from investing in Technip Energies over a given investment horizon. Check out Technip Energies Correlation, Technip Energies Volatility and Technip Energies Alpha and Beta module to complement your research on Technip Energies.
Please note, there is a significant difference between Technip Energies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Technip Energies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Technip Energies' 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.
Technip Energies '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 Technip Energies' pink sheet 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 Technip Energies.
0.00
01/16/2023
No Change 0.00
0.0
In 1 year 11 months and 22 days
01/05/2025
0.00
If you would invest 0.00 in Technip Energies on January 16, 2023 and sell it all today you would earn a total of 0.00 from holding Technip Energies NV or generate 0.0% return on investment in Technip Energies over 720 days. Technip Energies is related to or competes with Saipem SpA, TechnipFMC PLC, Oceaneering International, and NOV. Technip Energies N.V., together with its subsidiaries, operates as an engineering and technology company for the energy ... More
Technip Energies 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 Technip Energies' pink sheet 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 Technip Energies NV 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 Technip Energies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Technip Energies' standard deviation. In reality, there are many statistical measures that can use Technip Energies historical prices to predict the future Technip Energies' volatility.
At this point, Technip Energies is not too volatile. Technip Energies owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0512, which indicates the firm had a 0.0512% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Technip Energies NV, which you can use to evaluate the volatility of the company. Please validate Technip Energies' Semi Deviation of 1.62, coefficient of variation of 1998.01, and Risk Adjusted Performance of 0.0476 to confirm if the risk estimate we provide is consistent with the expected return of 0.14%. Technip Energies has a performance score of 4 on a scale of 0 to 100. The entity has a beta of 0.0723, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Technip Energies' returns are expected to increase less than the market. However, during the bear market, the loss of holding Technip Energies is expected to be smaller as well. Technip Energies right now has a risk of 2.73%. Please validate Technip Energies maximum drawdown, and the relationship between the jensen alpha and semi variance , to decide if Technip Energies will be following its existing price patterns.
Auto-correlation
0.36
Below average predictability
Technip Energies NV has below average predictability. Overlapping area represents the amount of predictability between Technip Energies time series from 16th of January 2023 to 11th of January 2024 and 11th of January 2024 to 5th 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 Technip Energies price movement. The serial correlation of 0.36 indicates that just about 36.0% of current Technip Energies price fluctuation can be explain by its past prices.
Correlation Coefficient
0.36
Spearman Rank Test
0.41
Residual Average
0.0
Price Variance
3.42
Technip Energies lagged returns against current returns
Autocorrelation, which is Technip Energies pink sheet'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 Technip Energies' pink sheet expected returns. We can calculate the autocorrelation of Technip Energies returns to help us make a trade decision. For example, suppose you find that Technip Energies has exhibited high autocorrelation historically, and you observe that the pink sheet 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
Technip Energies 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 Technip Energies pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Technip Energies pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Technip Energies pink sheet over time.
Current vs Lagged Prices
Timeline
Technip Energies Lagged Returns
When evaluating Technip Energies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Technip Energies pink sheet have on its future price. Technip Energies 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, Technip Energies autocorrelation shows the relationship between Technip Energies pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Technip Energies NV.
Other Information on Investing in Technip Pink Sheet
Technip Energies financial ratios help investors to determine whether Technip Pink Sheet 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 Technip with respect to the benefits of owning Technip Energies security.