Energisa Mato (Brazil) Market Value
| ENMT4 Preferred Stock | BRL 84.90 0.00 0.00% |
| 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 preferred 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.
| 12/06/2022 |
| 11/25/2024 |
If you would invest 0.00 in Energisa Mato on December 6, 2022 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 720 days. Energisa Mato is related to or competes with Align Technology, British American, United Rentals, Taiwan Semiconductor, Cognizant Technology, and NXP Semiconductors. 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 preferred 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.
| Downside Deviation | 4.29 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 12.4 | |||
| Value At Risk | (4.71) | |||
| Potential Upside | 4.61 |
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 | 0.0269 | |||
| Jensen Alpha | 0.0174 | |||
| Total Risk Alpha | (0.31) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.1853 |
Energisa Mato Grosso Backtested Returns
Currently, Energisa Mato Grosso is very steady. Energisa Mato Grosso secures Sharpe Ratio (or Efficiency) of 0.0868, which denotes the company had a 0.0868% return per unit of risk over the last 3 months. We have found twenty-five technical indicators for Energisa Mato Grosso, which you can use to evaluate the volatility of the firm. Please confirm Energisa Mato's Mean Deviation of 1.09, downside deviation of 4.29, and Coefficient Of Variation of 3772.26 to check if the risk estimate we provide is consistent with the expected return of 0.18%. Energisa Mato has a performance score of 6 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.27, which means not very significant fluctuations relative to the market. As returns on the market increase, Energisa Mato's returns are expected to increase less than the market. However, during the bear market, the loss of holding Energisa Mato is expected to be smaller as well. Energisa Mato Grosso right now shows a risk of 2.02%. Please confirm Energisa Mato Grosso total risk alpha, value at risk, and the relationship between the information ratio and treynor ratio , to decide if Energisa Mato Grosso will be following its price patterns.
Auto-correlation | -0.5 |
Modest reverse predictability
Energisa Mato Grosso has modest reverse predictability. Overlapping area represents the amount of predictability between Energisa Mato time series from 6th of December 2022 to 1st of December 2023 and 1st of December 2023 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 Energisa Mato Grosso price movement. The serial correlation of -0.5 indicates that about 50.0% of current Energisa Mato price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.5 | |
| Spearman Rank Test | -0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 49.45 |
Energisa Mato Grosso lagged returns against current returns
Autocorrelation, which is Energisa Mato preferred 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 preferred 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 preferred 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 preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Energisa Mato preferred 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 preferred 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 preferred 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 preferred 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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Energisa Preferred Stock Analysis
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.