ENERGY ONE (Germany) Market Value
| E8R Stock | EUR 3.76 0.02 0.53% |
| Symbol | ENERGY |
ENERGY ONE '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 ENERGY ONE'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 ENERGY ONE.
| 11/14/2024 |
| 12/14/2024 |
If you would invest 0.00 in ENERGY ONE on November 14, 2024 and sell it all today you would earn a total of 0.00 from holding ENERGY ONE or generate 0.0% return on investment in ENERGY ONE over 30 days. ENERGY ONE is related to or competes with Sims Metal, CeoTronics, Cleanaway Waste, SLR Investment, Perdoceo Education, and Platinum Investment. More
ENERGY ONE 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 ENERGY ONE'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 ENERGY ONE upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.05 | |||
| Information Ratio | 0.1198 | |||
| Maximum Drawdown | 12.15 | |||
| Value At Risk | (5.20) | |||
| Potential Upside | 3.85 |
ENERGY ONE Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ENERGY ONE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ENERGY ONE's standard deviation. In reality, there are many statistical measures that can use ENERGY ONE historical prices to predict the future ENERGY ONE's volatility.| Risk Adjusted Performance | 0.1236 | |||
| Jensen Alpha | 0.3775 | |||
| Total Risk Alpha | 0.0792 | |||
| Sortino Ratio | 0.0959 | |||
| Treynor Ratio | 7.09 |
ENERGY ONE Backtested Returns
ENERGY ONE appears to be moderately volatile, given 3 months investment horizon. ENERGY ONE secures Sharpe Ratio (or Efficiency) of 0.16, which denotes the company had a 0.16% return per unit of return volatility over the last 3 months. We have found twenty-seven technical indicators for ENERGY ONE, which you can use to evaluate the volatility of the firm. Please utilize ENERGY ONE's downside deviation of 3.05, and Mean Deviation of 1.58 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, ENERGY ONE holds a performance score of 12. The firm shows a Beta (market volatility) of 0.0539, which means not very significant fluctuations relative to the market. As returns on the market increase, ENERGY ONE's returns are expected to increase less than the market. However, during the bear market, the loss of holding ENERGY ONE is expected to be smaller as well. Please check ENERGY ONE's coefficient of variation, jensen alpha, and the relationship between the downside deviation and information ratio , to make a quick decision on whether ENERGY ONE's price patterns will revert.
Auto-correlation | -0.76 |
Almost perfect reverse predictability
ENERGY ONE has almost perfect reverse predictability. Overlapping area represents the amount of predictability between ENERGY ONE time series from 14th of November 2024 to 29th of November 2024 and 29th of November 2024 to 14th 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 ENERGY ONE price movement. The serial correlation of -0.76 indicates that around 76.0% of current ENERGY ONE price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.76 | |
| Spearman Rank Test | -0.63 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
ENERGY ONE lagged returns against current returns
Autocorrelation, which is ENERGY ONE 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 ENERGY ONE's stock expected returns. We can calculate the autocorrelation of ENERGY ONE returns to help us make a trade decision. For example, suppose you find that ENERGY ONE 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 |
ENERGY ONE 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 ENERGY ONE stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ENERGY ONE stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ENERGY ONE stock over time.
Current vs Lagged Prices |
| Timeline |
ENERGY ONE Lagged Returns
When evaluating ENERGY ONE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ENERGY ONE stock have on its future price. ENERGY ONE 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, ENERGY ONE autocorrelation shows the relationship between ENERGY ONE stock current value and its past values and can show if there is a momentum factor associated with investing in ENERGY ONE.
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.Other Information on Investing in ENERGY Stock
ENERGY ONE financial ratios help investors to determine whether ENERGY 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 ENERGY with respect to the benefits of owning ENERGY ONE security.