Enel Generacin (Chile) Market Value
| ENELGXCH | CLP 371.86 3.22 0.86% |
| Symbol | Enel |
Enel Generacin '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 Enel Generacin'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 Enel Generacin.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Enel Generacin on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Enel Generacin Chile or generate 0.0% return on investment in Enel Generacin over 30 days. Enel Generacin is related to or competes with Enel Amricas, Enel Chile, Aguas Andinas, and Parq Arauco. Enel Generacin Chile S.A., an electric utility company, engages in the generation, transmission, and distribution of ele... More
Enel Generacin 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 Enel Generacin'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 Enel Generacin Chile upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8251 | |||
| Information Ratio | 0.1398 | |||
| Maximum Drawdown | 4.18 | |||
| Value At Risk | (0.92) | |||
| Potential Upside | 1.83 |
Enel Generacin Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Enel Generacin's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Enel Generacin's standard deviation. In reality, there are many statistical measures that can use Enel Generacin historical prices to predict the future Enel Generacin's volatility.| Risk Adjusted Performance | 0.2305 | |||
| Jensen Alpha | 0.2302 | |||
| Total Risk Alpha | 0.1063 | |||
| Sortino Ratio | 0.1384 | |||
| Treynor Ratio | 5.93 |
Enel Generacin Chile Backtested Returns
Enel Generacin appears to be very steady, given 3 months investment horizon. Enel Generacin Chile secures Sharpe Ratio (or Efficiency) of 0.3, which denotes the company had a 0.3% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Enel Generacin Chile, which you can use to evaluate the volatility of the firm. Please utilize Enel Generacin's Coefficient Of Variation of 333.58, mean deviation of 0.5529, and Downside Deviation of 0.8251 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Enel Generacin holds a performance score of 23. The firm shows a Beta (market volatility) of 0.0396, which means not very significant fluctuations relative to the market. As returns on the market increase, Enel Generacin's returns are expected to increase less than the market. However, during the bear market, the loss of holding Enel Generacin is expected to be smaller as well. Please check Enel Generacin's downside variance, day median price, and the relationship between the treynor ratio and kurtosis , to make a quick decision on whether Enel Generacin's price patterns will revert.
Auto-correlation | 0.87 |
Very good predictability
Enel Generacin Chile has very good predictability. Overlapping area represents the amount of predictability between Enel Generacin time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Enel Generacin Chile price movement. The serial correlation of 0.87 indicates that approximately 87.0% of current Enel Generacin price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.87 | |
| Spearman Rank Test | 0.83 | |
| Residual Average | 0.0 | |
| Price Variance | 12.59 |
Enel Generacin Chile lagged returns against current returns
Autocorrelation, which is Enel Generacin 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 Enel Generacin's stock expected returns. We can calculate the autocorrelation of Enel Generacin returns to help us make a trade decision. For example, suppose you find that Enel Generacin 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 |
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Enel Generacin 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 Enel Generacin stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Enel Generacin stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Enel Generacin stock over time.
Current vs Lagged Prices |
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Enel Generacin Lagged Returns
When evaluating Enel Generacin's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Enel Generacin stock have on its future price. Enel Generacin 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, Enel Generacin autocorrelation shows the relationship between Enel Generacin stock current value and its past values and can show if there is a momentum factor associated with investing in Enel Generacin Chile.
Regressed Prices |
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Other Information on Investing in Enel Stock
Enel Generacin financial ratios help investors to determine whether Enel 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 Enel with respect to the benefits of owning Enel Generacin security.