Energia Latina (Chile) Market Value
| ENLASA Stock | 935.00 0.00 0.00% |
| Symbol | Energia |
Energia Latina '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 Energia Latina'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 Energia Latina.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Energia Latina on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Energia Latina SA or generate 0.0% return on investment in Energia Latina over 30 days. Energia Latina is related to or competes with Aguas Andinas, Parq Arauco, Enel Generacin, Sociedad Matriz, and Empresa Nacional. More
Energia Latina 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 Energia Latina'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 Energia Latina SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 3.89 |
Energia Latina Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Energia Latina's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Energia Latina's standard deviation. In reality, there are many statistical measures that can use Energia Latina historical prices to predict the future Energia Latina's volatility.| Risk Adjusted Performance | 0.088 | |||
| Jensen Alpha | 0.0452 | |||
| Total Risk Alpha | (0.01) | |||
| Treynor Ratio | 1.32 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Energia Latina's 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.
Energia Latina SA Backtested Returns
At this point, Energia Latina is very steady. Energia Latina SA 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. We have found seventeen technical indicators for Energia Latina SA, which you can use to evaluate the volatility of the firm. Please confirm Energia Latina's Standard Deviation of 0.4787, variance of 0.2291, and Mean Deviation of 0.1161 to check if the risk estimate we provide is consistent with the expected return of 0.0659%. Energia Latina has a performance score of 10 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0371, which means not very significant fluctuations relative to the market. As returns on the market increase, Energia Latina's returns are expected to increase less than the market. However, during the bear market, the loss of holding Energia Latina is expected to be smaller as well. Energia Latina SA right now shows a risk of 0.51%. Please confirm Energia Latina SA mean deviation, jensen alpha, as well as the relationship between the Jensen Alpha and day median price , to decide if Energia Latina SA will be following its price patterns.
Auto-correlation | 0.00 |
No correlation between past and present
Energia Latina SA has no correlation between past and present. Overlapping area represents the amount of predictability between Energia Latina time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 Energia Latina SA price movement. The serial correlation of 0.0 indicates that just 0.0% of current Energia Latina 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 |
Energia Latina SA lagged returns against current returns
Autocorrelation, which is Energia Latina 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 Energia Latina's stock expected returns. We can calculate the autocorrelation of Energia Latina returns to help us make a trade decision. For example, suppose you find that Energia Latina 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 |
Energia Latina 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 Energia Latina stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Energia Latina stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Energia Latina stock over time.
Current vs Lagged Prices |
| Timeline |
Energia Latina Lagged Returns
When evaluating Energia Latina's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Energia Latina stock have on its future price. Energia Latina 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, Energia Latina autocorrelation shows the relationship between Energia Latina stock current value and its past values and can show if there is a momentum factor associated with investing in Energia Latina SA.
Regressed Prices |
| Timeline |
Other Information on Investing in Energia Stock
Energia Latina financial ratios help investors to determine whether Energia 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 Energia with respect to the benefits of owning Energia Latina security.