Energisa Mato (Brazil) Market Value
| ENMT3 Stock | BRL 83.69 3.69 4.61% |
| Symbol | Energisa |
Energisa Mato '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 Energisa Mato'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 Energisa Mato.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Energisa Mato on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Energisa Mato Grosso or generate 0.0% return on investment in Energisa Mato over 30 days. Energisa Mato is related to or competes with CTEEP Companhia, Energisa Mato, Energisa, Rede Energia, and Afluente Transmisso. Energisa Mato Grosso - Distribuidora de Energia SA engages in the distribution of electricity More
Energisa Mato 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 Energisa Mato'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 Energisa Mato Grosso upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 7.36 | |||
| Value At Risk | (0.53) | |||
| Potential Upside | 0.5764 |
Energisa Mato Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Energisa Mato's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Energisa Mato's standard deviation. In reality, there are many statistical measures that can use Energisa Mato historical prices to predict the future Energisa Mato's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | 0.0034 | |||
| Total Risk Alpha | (0.20) | |||
| Treynor Ratio | 0.0998 |
Energisa Mato Grosso Backtested Returns
Energisa Mato Grosso secures Sharpe Ratio (or Efficiency) of -0.0155, which denotes the company had a -0.0155% return per unit of risk over the last 3 months. Energisa Mato Grosso exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Energisa Mato's Variance of 1.32, standard deviation of 1.15, and Mean Deviation of 0.3227 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.18, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Energisa Mato are expected to decrease at a much lower rate. During the bear market, Energisa Mato is likely to outperform the market. At this point, Energisa Mato Grosso has a negative expected return of -0.0182%. Please make sure to confirm Energisa Mato's standard deviation, maximum drawdown, kurtosis, as well as the relationship between the total risk alpha and potential upside , to decide if Energisa Mato Grosso performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.21 |
Weak reverse predictability
Energisa Mato Grosso has weak reverse predictability. Overlapping area represents the amount of predictability between Energisa Mato time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 Energisa Mato Grosso price movement. The serial correlation of -0.21 indicates that over 21.0% of current Energisa Mato price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.21 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 2.21 |
Energisa Mato Grosso lagged returns against current returns
Autocorrelation, which is Energisa Mato 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 Energisa Mato's stock expected returns. We can calculate the autocorrelation of Energisa Mato returns to help us make a trade decision. For example, suppose you find that Energisa Mato 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 |
Energisa Mato 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 Energisa Mato stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Energisa Mato stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Energisa Mato stock over time.
Current vs Lagged Prices |
| Timeline |
Energisa Mato Lagged Returns
When evaluating Energisa Mato's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Energisa Mato stock have on its future price. Energisa Mato 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, Energisa Mato autocorrelation shows the relationship between Energisa Mato stock current value and its past values and can show if there is a momentum factor associated with investing in Energisa Mato Grosso.
Regressed Prices |
| Timeline |
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When running Energisa Mato's price analysis, check to measure Energisa Mato's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Energisa Mato is operating at the current time. Most of Energisa Mato's value examination focuses on studying past and present price action to predict the probability of Energisa Mato's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Energisa Mato's price. Additionally, you may evaluate how the addition of Energisa Mato to your portfolios can decrease your overall portfolio volatility.