Ethernity Networks Stock Market Value
| ENETF Stock | USD 0.0001 0.00 0.00% |
| Symbol | Ethernity |
Ethernity Networks '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 Ethernity Networks' pink sheet 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 Ethernity Networks.
| 06/28/2025 |
| 12/25/2025 |
If you would invest 0.00 in Ethernity Networks on June 28, 2025 and sell it all today you would earn a total of 0.00 from holding Ethernity Networks or generate 0.0% return on investment in Ethernity Networks over 180 days. Ethernity Networks is related to or competes with WANdisco Plc. Ethernity Networks Ltd. provides technology solutions for telecom, mobile, security, and data center markets in Asia, Eu... More
Ethernity Networks 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 Ethernity Networks' pink sheet 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 Ethernity Networks upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 50.0 |
Ethernity Networks Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ethernity Networks' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ethernity Networks' standard deviation. In reality, there are many statistical measures that can use Ethernity Networks historical prices to predict the future Ethernity Networks' volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.73) | |||
| Total Risk Alpha | (1.28) | |||
| Treynor Ratio | 1.19 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ethernity Networks' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Ethernity Networks Backtested Returns
Ethernity Networks secures Sharpe Ratio (or Efficiency) of -0.13, which denotes the company had a -0.13 % return per unit of risk over the last 3 months. Ethernity Networks exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ethernity Networks' Variance of 37.88, standard deviation of 6.15, and Mean Deviation of 1.49 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.64, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Ethernity Networks are expected to decrease at a much lower rate. During the bear market, Ethernity Networks is likely to outperform the market. At this point, Ethernity Networks has a negative expected return of -0.79%. Please make sure to confirm Ethernity Networks' coefficient of variation, treynor ratio, as well as the relationship between the Treynor Ratio and rate of daily change , to decide if Ethernity Networks performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.35 |
Poor reverse predictability
Ethernity Networks has poor reverse predictability. Overlapping area represents the amount of predictability between Ethernity Networks time series from 28th of June 2025 to 26th of September 2025 and 26th of September 2025 to 25th of December 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 Ethernity Networks price movement. The serial correlation of -0.35 indicates that nearly 35.0% of current Ethernity Networks price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.35 | |
| Spearman Rank Test | 0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Ethernity Networks lagged returns against current returns
Autocorrelation, which is Ethernity Networks pink sheet'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 Ethernity Networks' pink sheet expected returns. We can calculate the autocorrelation of Ethernity Networks returns to help us make a trade decision. For example, suppose you find that Ethernity Networks has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Ethernity Networks 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 Ethernity Networks pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ethernity Networks pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ethernity Networks pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Ethernity Networks Lagged Returns
When evaluating Ethernity Networks' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ethernity Networks pink sheet have on its future price. Ethernity Networks 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, Ethernity Networks autocorrelation shows the relationship between Ethernity Networks pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Ethernity Networks.
Regressed Prices |
| Timeline |
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| DD | Dupont De Nemours | |
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Other Information on Investing in Ethernity Pink Sheet
Ethernity Networks financial ratios help investors to determine whether Ethernity Pink Sheet 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 Ethernity with respect to the benefits of owning Ethernity Networks security.