ENDESA ADR (Germany) Market Value
| ENAA Stock | EUR 9.85 0.10 1.01% |
| Symbol | ENDESA |
ENDESA ADR '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 ENDESA ADR'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 ENDESA ADR.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in ENDESA ADR on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding ENDESA ADR 12 or generate 0.0% return on investment in ENDESA ADR over 30 days. ENDESA ADR is related to or competes with Duke Energy, WEC Energy, CMS Energy, Terna Rete, CK Infrastructure, and CENTRAL PUERTO. Endesa, S.A. engages in the generation, distribution, and sale of electricity primarily in Spain and Portugal More
ENDESA ADR 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 ENDESA ADR'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 ENDESA ADR 12 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.63 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 5.9 | |||
| Value At Risk | (2.14) | |||
| Potential Upside | 2.07 |
ENDESA ADR Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ENDESA ADR's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ENDESA ADR's standard deviation. In reality, there are many statistical measures that can use ENDESA ADR historical prices to predict the future ENDESA ADR's volatility.| Risk Adjusted Performance | 0.0499 | |||
| Jensen Alpha | 0.054 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.4799 |
ENDESA ADR 12 Backtested Returns
At this point, ENDESA ADR is not too volatile. ENDESA ADR 12 secures Sharpe Ratio (or Efficiency) of 0.057, which denotes the company had a 0.057% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for ENDESA ADR 12, which you can use to evaluate the volatility of the firm. Please confirm ENDESA ADR's Coefficient Of Variation of 1588.97, downside deviation of 1.63, and Mean Deviation of 0.9337 to check if the risk estimate we provide is consistent with the expected return of 0.0716%. ENDESA ADR has a performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.14, which means not very significant fluctuations relative to the market. As returns on the market increase, ENDESA ADR's returns are expected to increase less than the market. However, during the bear market, the loss of holding ENDESA ADR is expected to be smaller as well. ENDESA ADR 12 at this time shows a risk of 1.26%. Please confirm ENDESA ADR 12 mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to decide if ENDESA ADR 12 will be following its price patterns.
Auto-correlation | 0.33 |
Below average predictability
ENDESA ADR 12 has below average predictability. Overlapping area represents the amount of predictability between ENDESA ADR time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th 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 ENDESA ADR 12 price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current ENDESA ADR price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.33 | |
| Spearman Rank Test | 0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
ENDESA ADR 12 lagged returns against current returns
Autocorrelation, which is ENDESA ADR 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 ENDESA ADR's stock expected returns. We can calculate the autocorrelation of ENDESA ADR returns to help us make a trade decision. For example, suppose you find that ENDESA ADR 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 |
ENDESA ADR 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 ENDESA ADR stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ENDESA ADR stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ENDESA ADR stock over time.
Current vs Lagged Prices |
| Timeline |
ENDESA ADR Lagged Returns
When evaluating ENDESA ADR's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ENDESA ADR stock have on its future price. ENDESA ADR 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, ENDESA ADR autocorrelation shows the relationship between ENDESA ADR stock current value and its past values and can show if there is a momentum factor associated with investing in ENDESA ADR 12.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in ENDESA Stock
ENDESA ADR financial ratios help investors to determine whether ENDESA 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 ENDESA with respect to the benefits of owning ENDESA ADR security.