Capricorn Energy's market value is the price at which a share of Capricorn Energy trades on a public exchange. It measures the collective expectations of Capricorn Energy PLC investors about its performance. Capricorn Energy is trading at 330.00 as of the 18th of January 2025, a 1.54 percent increase since the beginning of the trading day. The stock's lowest day price was 326.0. With this module, you can estimate the performance of a buy and hold strategy of Capricorn Energy PLC and determine expected loss or profit from investing in Capricorn Energy over a given investment horizon. Check out Capricorn Energy Correlation, Capricorn Energy Volatility and Capricorn Energy Alpha and Beta module to complement your research on Capricorn Energy.
Please note, there is a significant difference between Capricorn Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Capricorn Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Capricorn Energy'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.
Capricorn 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 Capricorn 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 Capricorn Energy.
0.00
10/20/2024
No Change 0.00
0.0
In 2 months and 31 days
01/18/2025
0.00
If you would invest 0.00 in Capricorn Energy on October 20, 2024 and sell it all today you would earn a total of 0.00 from holding Capricorn Energy PLC or generate 0.0% return on investment in Capricorn Energy over 90 days. Capricorn Energy is related to or competes with Zoom Video, Enbridge, Endo International, Somero Enterprise, Ithaca Energy, Energean Oil, and Victoria PLC. Capricorn Energy is entity of United Kingdom More
Capricorn 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 Capricorn 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 Capricorn Energy PLC 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 Capricorn Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Capricorn Energy's standard deviation. In reality, there are many statistical measures that can use Capricorn Energy historical prices to predict the future Capricorn Energy's volatility.
Capricorn Energy appears to be very steady, given 3 months investment horizon. Capricorn Energy PLC secures Sharpe Ratio (or Efficiency) of 0.31, which signifies that the company had a 0.31% return per unit of risk over the last 3 months. By analyzing Capricorn Energy's technical indicators, you can evaluate if the expected return of 0.73% is justified by implied risk. Please makes use of Capricorn Energy's Risk Adjusted Performance of 0.2354, downside deviation of 1.97, and Mean Deviation of 1.84 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Capricorn Energy holds a performance score of 24. The firm shows a Beta (market volatility) of 0.1, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Capricorn Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding Capricorn Energy is expected to be smaller as well. Please check Capricorn Energy's maximum drawdown, semi variance, and the relationship between the sortino ratio and potential upside , to make a quick decision on whether Capricorn Energy's price patterns will revert.
Auto-correlation
0.65
Good predictability
Capricorn Energy PLC has good predictability. Overlapping area represents the amount of predictability between Capricorn Energy time series from 20th of October 2024 to 4th of December 2024 and 4th of December 2024 to 18th 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 Capricorn Energy PLC price movement. The serial correlation of 0.65 indicates that roughly 65.0% of current Capricorn Energy price fluctuation can be explain by its past prices.
Correlation Coefficient
0.65
Spearman Rank Test
0.72
Residual Average
0.0
Price Variance
862.98
Capricorn Energy PLC lagged returns against current returns
Autocorrelation, which is Capricorn 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 Capricorn Energy's stock expected returns. We can calculate the autocorrelation of Capricorn Energy returns to help us make a trade decision. For example, suppose you find that Capricorn 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
Capricorn 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 Capricorn Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Capricorn Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Capricorn Energy stock over time.
Current vs Lagged Prices
Timeline
Capricorn Energy Lagged Returns
When evaluating Capricorn Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Capricorn Energy stock have on its future price. Capricorn 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, Capricorn Energy autocorrelation shows the relationship between Capricorn Energy stock current value and its past values and can show if there is a momentum factor associated with investing in Capricorn Energy PLC.
Regressed Prices
Timeline
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Capricorn Energy financial ratios help investors to determine whether Capricorn 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 Capricorn with respect to the benefits of owning Capricorn Energy security.