Enel Chile (Germany) Market Value
| 355 Stock | EUR 2.68 0.10 3.88% |
| Symbol | Enel |
Enel Chile '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 Enel Chile'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 Enel Chile.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in Enel Chile on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding Enel Chile SA or generate 0.0% return on investment in Enel Chile over 30 days. Enel Chile is related to or competes with Duke Energy, WEC Energy, ENDESA ADR, CMS Energy, Terna Rete, CK Infrastructure, and CENTRAL PUERTO. Enel Chile S.A., an electricity utility company, engages in the generation, transmission, and distribution of electricit... More
Enel Chile 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 Enel Chile'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 Enel Chile SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.53 | |||
| Information Ratio | 0.0216 | |||
| Maximum Drawdown | 9.96 | |||
| Value At Risk | (3.10) | |||
| Potential Upside | 3.51 |
Enel Chile Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Enel Chile's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Enel Chile's standard deviation. In reality, there are many statistical measures that can use Enel Chile historical prices to predict the future Enel Chile's volatility.| Risk Adjusted Performance | 0.065 | |||
| Jensen Alpha | 0.1183 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | 0.018 | |||
| Treynor Ratio | 0.4407 |
Enel Chile SA Backtested Returns
At this point, Enel Chile is unstable. Enel Chile SA secures Sharpe Ratio (or Efficiency) of 0.0772, which denotes the company had a 0.0772% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Enel Chile SA, which you can use to evaluate the volatility of the firm. Please confirm Enel Chile's Coefficient Of Variation of 1235.96, mean deviation of 1.6, and Downside Deviation of 2.53 to check if the risk estimate we provide is consistent with the expected return of 0.16%. Enel Chile has a performance score of 6 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.36, which means possible diversification benefits within a given portfolio. As returns on the market increase, Enel Chile's returns are expected to increase less than the market. However, during the bear market, the loss of holding Enel Chile is expected to be smaller as well. Enel Chile SA right now shows a risk of 2.05%. Please confirm Enel Chile SA semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to decide if Enel Chile SA will be following its price patterns.
Auto-correlation | 0.51 |
Modest predictability
Enel Chile SA has modest predictability. Overlapping area represents the amount of predictability between Enel Chile time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th 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 Enel Chile SA price movement. The serial correlation of 0.51 indicates that about 51.0% of current Enel Chile price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.51 | |
| Spearman Rank Test | 0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Enel Chile SA lagged returns against current returns
Autocorrelation, which is Enel Chile 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 Enel Chile's stock expected returns. We can calculate the autocorrelation of Enel Chile returns to help us make a trade decision. For example, suppose you find that Enel Chile 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 |
Enel Chile 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 Enel Chile stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Enel Chile stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Enel Chile stock over time.
Current vs Lagged Prices |
| Timeline |
Enel Chile Lagged Returns
When evaluating Enel Chile's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Enel Chile stock have on its future price. Enel Chile 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, Enel Chile autocorrelation shows the relationship between Enel Chile stock current value and its past values and can show if there is a momentum factor associated with investing in Enel Chile SA.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Enel Stock
When determining whether Enel Chile SA offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Enel Chile's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Enel Chile Sa Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Enel Chile Sa Stock:Check out Enel Chile Correlation, Enel Chile Volatility and Enel Chile Alpha and Beta module to complement your research on Enel Chile. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Enel Chile 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.