Ekter SA (Greece) Market Value
| EKTER Stock | EUR 1.49 0.04 2.76% |
| Symbol | Ekter |
Ekter SA '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 Ekter SA'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 Ekter SA.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Ekter SA on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Ekter SA or generate 0.0% return on investment in Ekter SA over 30 days. Ekter SA is related to or competes with Mytilineos, Terna Energy, Greek Organization, Motor Oil, and Hellenic Petroleum. It undertakes various construction projects, including infrastructure projects, hospitals, airports, museums, buildings ... More
Ekter SA 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 Ekter SA'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 Ekter SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.23) | |||
| Maximum Drawdown | 14.3 | |||
| Value At Risk | (4.40) | |||
| Potential Upside | 4.29 |
Ekter SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ekter SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ekter SA's standard deviation. In reality, there are many statistical measures that can use Ekter SA historical prices to predict the future Ekter SA's volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.49) | |||
| Total Risk Alpha | (0.82) | |||
| Treynor Ratio | (0.99) |
Ekter SA Backtested Returns
Ekter SA secures Sharpe Ratio (or Efficiency) of -0.15, which denotes the company had a -0.15% return per unit of risk over the last 3 months. Ekter SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ekter SA's Mean Deviation of 1.65, variance of 5.95, and Standard Deviation of 2.44 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.44, which means possible diversification benefits within a given portfolio. As returns on the market increase, Ekter SA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ekter SA is expected to be smaller as well. At this point, Ekter SA has a negative expected return of -0.39%. Please make sure to confirm Ekter SA's treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if Ekter SA performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.07 |
Virtually no predictability
Ekter SA has virtually no predictability. Overlapping area represents the amount of predictability between Ekter SA time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th of November 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 Ekter SA price movement. The serial correlation of 0.07 indicates that barely 7.0% of current Ekter SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.07 | |
| Spearman Rank Test | 0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Ekter SA lagged returns against current returns
Autocorrelation, which is Ekter SA 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 Ekter SA's stock expected returns. We can calculate the autocorrelation of Ekter SA returns to help us make a trade decision. For example, suppose you find that Ekter SA 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 |
Ekter SA 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 Ekter SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ekter SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ekter SA stock over time.
Current vs Lagged Prices |
| Timeline |
Ekter SA Lagged Returns
When evaluating Ekter SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ekter SA stock have on its future price. Ekter SA 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, Ekter SA autocorrelation shows the relationship between Ekter SA stock current value and its past values and can show if there is a momentum factor associated with investing in Ekter SA.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Ekter Stock
Ekter SA financial ratios help investors to determine whether Ekter 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 Ekter with respect to the benefits of owning Ekter SA security.