Empresa Distribuidora (Argentina) Market Value
| EMDE Stock | ARS 8.00 0.00 0.00% |
| Symbol | Empresa |
Empresa Distribuidora '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 Empresa Distribuidora'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 Empresa Distribuidora.
| 08/02/2023 |
| 11/24/2024 |
If you would invest 0.00 in Empresa Distribuidora on August 2, 2023 and sell it all today you would earn a total of 0.00 from holding Empresa Distribuidora Electrica or generate 0.0% return on investment in Empresa Distribuidora over 480 days. Empresa Distribuidora is related to or competes with American Express, United States, Capex SA, Pfizer, Dycasa SA, and Ternium SA. Empresa Distribuidora Electrica Regional, S.A More
Empresa Distribuidora 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 Empresa Distribuidora'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 Empresa Distribuidora Electrica upside and downside potential and time the market with a certain degree of confidence.
Empresa Distribuidora Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Empresa Distribuidora's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Empresa Distribuidora's standard deviation. In reality, there are many statistical measures that can use Empresa Distribuidora historical prices to predict the future Empresa Distribuidora's volatility.Empresa Distribuidora Backtested Returns
We have found three technical indicators for Empresa Distribuidora Electrica, 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 Empresa Distribuidora are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Empresa Distribuidora Electrica has no correlation between past and present. Overlapping area represents the amount of predictability between Empresa Distribuidora time series from 2nd of August 2023 to 29th of March 2024 and 29th of March 2024 to 24th 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 Empresa Distribuidora price movement. The serial correlation of 0.0 indicates that just 0.0% of current Empresa Distribuidora 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 |
Empresa Distribuidora lagged returns against current returns
Autocorrelation, which is Empresa Distribuidora 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 Empresa Distribuidora's stock expected returns. We can calculate the autocorrelation of Empresa Distribuidora returns to help us make a trade decision. For example, suppose you find that Empresa Distribuidora 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 |
Empresa Distribuidora 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 Empresa Distribuidora stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Empresa Distribuidora stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Empresa Distribuidora stock over time.
Current vs Lagged Prices |
| Timeline |
Empresa Distribuidora Lagged Returns
When evaluating Empresa Distribuidora's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Empresa Distribuidora stock have on its future price. Empresa Distribuidora 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, Empresa Distribuidora autocorrelation shows the relationship between Empresa Distribuidora stock current value and its past values and can show if there is a momentum factor associated with investing in Empresa Distribuidora Electrica.
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 Empresa Stock
Empresa Distribuidora financial ratios help investors to determine whether Empresa 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 Empresa with respect to the benefits of owning Empresa Distribuidora security.