EIZ PROPERTIES (Zambia) Market Value
| EIZP Stock | 2.00 0.00 0.00% |
| Symbol | EIZ |
EIZ PROPERTIES '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 EIZ PROPERTIES'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 EIZ PROPERTIES.
| 01/02/2025 |
| 02/01/2025 |
If you would invest 0.00 in EIZ PROPERTIES on January 2, 2025 and sell it all today you would earn a total of 0.00 from holding EIZ PROPERTIES PLC or generate 0.0% return on investment in EIZ PROPERTIES over 30 days.
EIZ PROPERTIES 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 EIZ PROPERTIES'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 EIZ PROPERTIES PLC upside and downside potential and time the market with a certain degree of confidence.
EIZ PROPERTIES Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for EIZ PROPERTIES's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as EIZ PROPERTIES's standard deviation. In reality, there are many statistical measures that can use EIZ PROPERTIES historical prices to predict the future EIZ PROPERTIES's volatility.EIZ PROPERTIES PLC Backtested Returns
We have found three technical indicators for EIZ PROPERTIES PLC, which you can use to evaluate the volatility of the firm. The firm shows a Beta (market volatility) of 0.0, which means not very significant fluctuations relative to the market. the returns on MARKET and EIZ PROPERTIES are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
EIZ PROPERTIES PLC has no correlation between past and present. Overlapping area represents the amount of predictability between EIZ PROPERTIES time series from 2nd of January 2025 to 17th of January 2025 and 17th of January 2025 to 1st of February 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 EIZ PROPERTIES PLC price movement. The serial correlation of 0.0 indicates that just 0.0% of current EIZ PROPERTIES price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
EIZ PROPERTIES PLC lagged returns against current returns
Autocorrelation, which is EIZ PROPERTIES 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 EIZ PROPERTIES's stock expected returns. We can calculate the autocorrelation of EIZ PROPERTIES returns to help us make a trade decision. For example, suppose you find that EIZ PROPERTIES 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 |
EIZ PROPERTIES 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 EIZ PROPERTIES stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if EIZ PROPERTIES stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in EIZ PROPERTIES stock over time.
Current vs Lagged Prices |
| Timeline |
EIZ PROPERTIES Lagged Returns
When evaluating EIZ PROPERTIES's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of EIZ PROPERTIES stock have on its future price. EIZ PROPERTIES 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, EIZ PROPERTIES autocorrelation shows the relationship between EIZ PROPERTIES stock current value and its past values and can show if there is a momentum factor associated with investing in EIZ PROPERTIES 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.Additional Tools for EIZ Stock Analysis
When running EIZ PROPERTIES's price analysis, check to measure EIZ PROPERTIES'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 EIZ PROPERTIES is operating at the current time. Most of EIZ PROPERTIES's value examination focuses on studying past and present price action to predict the probability of EIZ PROPERTIES's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EIZ PROPERTIES's price. Additionally, you may evaluate how the addition of EIZ PROPERTIES to your portfolios can decrease your overall portfolio volatility.