Engie SA's market value is the price at which a share of Engie SA trades on a public exchange. It measures the collective expectations of Engie SA investors about its performance. Engie SA is trading at 16.38 as of the 31st of January 2025. This is a 2.82% up since the beginning of the trading day. The stock's lowest day price was 15.93. With this module, you can estimate the performance of a buy and hold strategy of Engie SA and determine expected loss or profit from investing in Engie SA over a given investment horizon. Check out Engie SA Correlation, Engie SA Volatility and Engie SA Alpha and Beta module to complement your research on Engie SA.
Please note, there is a significant difference between Engie SA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Engie SA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Engie SA's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Engie 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 Engie SA's 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 Engie SA.
0.00
02/11/2023
No Change 0.00
0.0
In 1 year 11 months and 22 days
01/31/2025
0.00
If you would invest 0.00 in Engie SA on February 11, 2023 and sell it all today you would earn a total of 0.00 from holding Engie SA or generate 0.0% return on investment in Engie SA over 720 days. Engie SA is related to or competes with RWE AG, Iberdrola, and Canadian Utilities. ENGIE SA engages in the power, natural gas, and energy services businesses More
Engie 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 Engie SA's 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 Engie SA upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Engie SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Engie SA's standard deviation. In reality, there are many statistical measures that can use Engie SA historical prices to predict the future Engie SA's volatility.
At this point, Engie SA is not too volatile. Engie SA secures Sharpe Ratio (or Efficiency) of close to zero, which denotes the company had a close to zero % return per unit of risk over the last 3 months. We have found thirty technical indicators for Engie SA, which you can use to evaluate the volatility of the firm. Please confirm Engie SA's Coefficient Of Variation of 19579.32, mean deviation of 1.82, and Downside Deviation of 2.47 to check if the risk estimate we provide is consistent with the expected return of 0.0118%. The firm shows a Beta (market volatility) of 0.0183, which means not very significant fluctuations relative to the market. As returns on the market increase, Engie SA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Engie SA is expected to be smaller as well. Engie SA right now shows a risk of 2.31%. Please confirm Engie SA downside variance, day median price, and the relationship between the treynor ratio and kurtosis , to decide if Engie SA will be following its price patterns.
Auto-correlation
0.36
Below average predictability
Engie SA has below average predictability. Overlapping area represents the amount of predictability between Engie SA time series from 11th of February 2023 to 6th of February 2024 and 6th of February 2024 to 31st of January 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 Engie SA price movement. The serial correlation of 0.36 indicates that just about 36.0% of current Engie SA price fluctuation can be explain by its past prices.
Correlation Coefficient
0.36
Spearman Rank Test
0.38
Residual Average
0.0
Price Variance
1.11
Engie SA lagged returns against current returns
Autocorrelation, which is Engie SA 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 Engie SA's pink sheet expected returns. We can calculate the autocorrelation of Engie SA returns to help us make a trade decision. For example, suppose you find that Engie SA 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
Engie 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 Engie SA pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Engie SA pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Engie SA pink sheet over time.
Current vs Lagged Prices
Timeline
Engie SA Lagged Returns
When evaluating Engie SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Engie SA pink sheet have on its future price. Engie 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, Engie SA autocorrelation shows the relationship between Engie SA pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Engie SA.
Other Information on Investing in Engie Pink Sheet
Engie SA financial ratios help investors to determine whether Engie 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 Engie with respect to the benefits of owning Engie SA security.