Edinburgh Investment (UK) Market Value
| EDIN Stock | 759.00 1.00 0.13% |
| Symbol | Edinburgh |
Edinburgh Investment '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 Edinburgh Investment'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 Edinburgh Investment.
| 12/24/2024 |
| 01/23/2025 |
If you would invest 0.00 in Edinburgh Investment on December 24, 2024 and sell it all today you would earn a total of 0.00 from holding Edinburgh Investment Trust or generate 0.0% return on investment in Edinburgh Investment over 30 days. Edinburgh Investment is related to or competes with Indutrade, Lindsell Train, Various Eateries, Norman Broadbent, Qurate Retail, Moneta Money, and Gaztransport. Edinburgh Investment is entity of United Kingdom More
Edinburgh Investment 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 Edinburgh Investment'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 Edinburgh Investment Trust upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6594 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 2.84 | |||
| Value At Risk | (1.07) | |||
| Potential Upside | 1.08 |
Edinburgh Investment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Edinburgh Investment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Edinburgh Investment's standard deviation. In reality, there are many statistical measures that can use Edinburgh Investment historical prices to predict the future Edinburgh Investment's volatility.| Risk Adjusted Performance | 0.0376 | |||
| Jensen Alpha | 0.0205 | |||
| Total Risk Alpha | 0.0019 | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.2497 |
Edinburgh Investment Backtested Returns
Currently, Edinburgh Investment Trust is very steady. Edinburgh Investment secures Sharpe Ratio (or Efficiency) of 0.0853, which denotes the company had a 0.0853 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Edinburgh Investment Trust, which you can use to evaluate the volatility of the firm. Please confirm Edinburgh Investment's Mean Deviation of 0.5633, downside deviation of 0.6594, and Coefficient Of Variation of 2124.85 to check if the risk estimate we provide is consistent with the expected return of 0.0595%. Edinburgh Investment has a performance score of 6 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0914, which means not very significant fluctuations relative to the market. As returns on the market increase, Edinburgh Investment's returns are expected to increase less than the market. However, during the bear market, the loss of holding Edinburgh Investment is expected to be smaller as well. Edinburgh Investment right now shows a risk of 0.7%. Please confirm Edinburgh Investment downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Edinburgh Investment will be following its price patterns.
Auto-correlation | 0.08 |
Virtually no predictability
Edinburgh Investment Trust has virtually no predictability. Overlapping area represents the amount of predictability between Edinburgh Investment time series from 24th of December 2024 to 8th of January 2025 and 8th of January 2025 to 23rd 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 Edinburgh Investment price movement. The serial correlation of 0.08 indicates that barely 8.0% of current Edinburgh Investment price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.08 | |
| Spearman Rank Test | 0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 137.78 |
Edinburgh Investment lagged returns against current returns
Autocorrelation, which is Edinburgh Investment 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 Edinburgh Investment's stock expected returns. We can calculate the autocorrelation of Edinburgh Investment returns to help us make a trade decision. For example, suppose you find that Edinburgh Investment 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 |
Edinburgh Investment 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 Edinburgh Investment stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Edinburgh Investment stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Edinburgh Investment stock over time.
Current vs Lagged Prices |
| Timeline |
Edinburgh Investment Lagged Returns
When evaluating Edinburgh Investment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Edinburgh Investment stock have on its future price. Edinburgh Investment 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, Edinburgh Investment autocorrelation shows the relationship between Edinburgh Investment stock current value and its past values and can show if there is a momentum factor associated with investing in Edinburgh Investment Trust.
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.Additional Tools for Edinburgh Stock Analysis
When running Edinburgh Investment's price analysis, check to measure Edinburgh Investment's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Edinburgh Investment is operating at the current time. Most of Edinburgh Investment's value examination focuses on studying past and present price action to predict the probability of Edinburgh Investment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Edinburgh Investment's price. Additionally, you may evaluate how the addition of Edinburgh Investment to your portfolios can decrease your overall portfolio volatility.