ENTEQ TECHNOLOGIES (Germany) Market Value
| 5EQ Stock | EUR 0.02 0.0005 2.50% |
| Symbol | ENTEQ |
ENTEQ TECHNOLOGIES '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 ENTEQ TECHNOLOGIES'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 ENTEQ TECHNOLOGIES.
| 09/12/2024 |
| 12/11/2024 |
If you would invest 0.00 in ENTEQ TECHNOLOGIES on September 12, 2024 and sell it all today you would earn a total of 0.00 from holding ENTEQ TECHNOLOGIES LS 01 or generate 0.0% return on investment in ENTEQ TECHNOLOGIES over 90 days. ENTEQ TECHNOLOGIES is related to or competes with GOLD ROAD, REINET INVESTMENTS, Transportadora, EVS Broadcast, Texas Roadhouse, Gladstone Investment, and EAT WELL. Enteq Technologies Plc, together with its subsidiaries, provides reach and recovery products and technologies to the ups... More
ENTEQ TECHNOLOGIES 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 ENTEQ TECHNOLOGIES'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 ENTEQ TECHNOLOGIES LS 01 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 74.76 | |||
| Value At Risk | (12.07) | |||
| Potential Upside | 12.5 |
ENTEQ TECHNOLOGIES Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ENTEQ TECHNOLOGIES's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ENTEQ TECHNOLOGIES's standard deviation. In reality, there are many statistical measures that can use ENTEQ TECHNOLOGIES historical prices to predict the future ENTEQ TECHNOLOGIES's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (1.21) | |||
| Total Risk Alpha | (2.66) | |||
| Treynor Ratio | (1.64) |
ENTEQ TECHNOLOGIES Backtested Returns
ENTEQ TECHNOLOGIES secures Sharpe Ratio (or Efficiency) of -0.11, which denotes the company had a -0.11% return per unit of volatility over the last 3 months. ENTEQ TECHNOLOGIES LS 01 exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ENTEQ TECHNOLOGIES's Market Risk Adjusted Performance of (1.63), mean deviation of 5.53, and Standard Deviation of 9.62 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.69, which means possible diversification benefits within a given portfolio. As returns on the market increase, ENTEQ TECHNOLOGIES's returns are expected to increase less than the market. However, during the bear market, the loss of holding ENTEQ TECHNOLOGIES is expected to be smaller as well. At this point, ENTEQ TECHNOLOGIES has a negative expected return of -1.11%. Please make sure to confirm ENTEQ TECHNOLOGIES's maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to decide if ENTEQ TECHNOLOGIES performance from the past will be repeated at future time.
Auto-correlation | 0.45 |
Average predictability
ENTEQ TECHNOLOGIES LS 01 has average predictability. Overlapping area represents the amount of predictability between ENTEQ TECHNOLOGIES time series from 12th of September 2024 to 27th of October 2024 and 27th of October 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 ENTEQ TECHNOLOGIES price movement. The serial correlation of 0.45 indicates that just about 45.0% of current ENTEQ TECHNOLOGIES price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.45 | |
| Spearman Rank Test | 0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
ENTEQ TECHNOLOGIES lagged returns against current returns
Autocorrelation, which is ENTEQ TECHNOLOGIES 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 ENTEQ TECHNOLOGIES's stock expected returns. We can calculate the autocorrelation of ENTEQ TECHNOLOGIES returns to help us make a trade decision. For example, suppose you find that ENTEQ TECHNOLOGIES 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 |
ENTEQ TECHNOLOGIES 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 ENTEQ TECHNOLOGIES stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ENTEQ TECHNOLOGIES stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ENTEQ TECHNOLOGIES stock over time.
Current vs Lagged Prices |
| Timeline |
ENTEQ TECHNOLOGIES Lagged Returns
When evaluating ENTEQ TECHNOLOGIES's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ENTEQ TECHNOLOGIES stock have on its future price. ENTEQ TECHNOLOGIES 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, ENTEQ TECHNOLOGIES autocorrelation shows the relationship between ENTEQ TECHNOLOGIES stock current value and its past values and can show if there is a momentum factor associated with investing in ENTEQ TECHNOLOGIES LS 01.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in ENTEQ Stock
ENTEQ TECHNOLOGIES financial ratios help investors to determine whether ENTEQ 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 ENTEQ with respect to the benefits of owning ENTEQ TECHNOLOGIES security.