ENELIM 71 14 OCT 27 Market Value

29280HAA0   105.09  0.00  0.00%   
ENELIM's market value is the price at which a share of ENELIM trades on an exchange. It measures the collective expectations of ENELIM 71 14 OCT 27 investors about the bond's future performance. With this module, you can estimate the performance of a buy and hold strategy of ENELIM 71 14 OCT 27 and determine expected loss or profit from investing in ENELIM over a given investment horizon.
Check out ENELIM Correlation, ENELIM Volatility and ENELIM Alpha and Beta module to complement your research on ENELIM.
Symbol

Please note, there is a significant difference between ENELIM's value and its price as these two are different measures arrived at by different means. Investors typically determine if ENELIM is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ENELIM'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.

ENELIM '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 ENELIM's bond 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 ENELIM.
0.00
10/02/2023
No Change 0.00  0.0 
In 1 year 2 months and 27 days
12/25/2024
0.00
If you would invest  0.00  in ENELIM on October 2, 2023 and sell it all today you would earn a total of 0.00 from holding ENELIM 71 14 OCT 27 or generate 0.0% return on investment in ENELIM over 450 days. ENELIM is related to or competes with Capital Clean, Anterix, Compania Cervecerias, Grupo Televisa, and SNDL. More

ENELIM 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 ENELIM's bond 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 ENELIM 71 14 OCT 27 upside and downside potential and time the market with a certain degree of confidence.

ENELIM Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for ENELIM's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ENELIM's standard deviation. In reality, there are many statistical measures that can use ENELIM historical prices to predict the future ENELIM's volatility.
Hype
Prediction
LowEstimatedHigh
103.70105.09106.48
Details
Intrinsic
Valuation
LowRealHigh
86.5187.90115.60
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as ENELIM. Your research has to be compared to or analyzed against ENELIM's peers to derive any actionable benefits. When done correctly, ENELIM's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in ENELIM 71 14.

ENELIM 71 14 Backtested Returns

ENELIM 71 14 secures Sharpe Ratio (or Efficiency) of -0.0209, which denotes the bond had a -0.0209% return per unit of return volatility over the last 3 months. ENELIM 71 14 OCT 27 exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ENELIM's standard deviation of 1.22, and Mean Deviation of 0.4669 to check the risk estimate we provide. The bond shows a Beta (market volatility) of -0.44, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning ENELIM are expected to decrease at a much lower rate. During the bear market, ENELIM is likely to outperform the market.

Auto-correlation

    
  0.46  

Average predictability

ENELIM 71 14 OCT 27 has average predictability. Overlapping area represents the amount of predictability between ENELIM time series from 2nd of October 2023 to 14th of May 2024 and 14th of May 2024 to 25th 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 ENELIM 71 14 price movement. The serial correlation of 0.46 indicates that about 46.0% of current ENELIM price fluctuation can be explain by its past prices.
Correlation Coefficient0.46
Spearman Rank Test0.48
Residual Average0.0
Price Variance1.63

ENELIM 71 14 lagged returns against current returns

Autocorrelation, which is ENELIM bond'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 ENELIM's bond expected returns. We can calculate the autocorrelation of ENELIM returns to help us make a trade decision. For example, suppose you find that ENELIM has exhibited high autocorrelation historically, and you observe that the bond 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  

ENELIM 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 ENELIM bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ENELIM bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ENELIM bond over time.
   Current vs Lagged Prices   
       Timeline  

ENELIM Lagged Returns

When evaluating ENELIM's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ENELIM bond have on its future price. ENELIM 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, ENELIM autocorrelation shows the relationship between ENELIM bond current value and its past values and can show if there is a momentum factor associated with investing in ENELIM 71 14 OCT 27.
   Regressed Prices   
       Timeline  

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Other Information on Investing in ENELIM Bond

ENELIM financial ratios help investors to determine whether ENELIM Bond 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 ENELIM with respect to the benefits of owning ENELIM security.