Enphase Energy, (Mexico) Market Value
| ENPH Stock | MXN 1,500 5.00 0.33% |
| Symbol | Enphase |
Enphase Energy, '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 Enphase Energy,'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 Enphase Energy,.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in Enphase Energy, on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding Enphase Energy, or generate 0.0% return on investment in Enphase Energy, over 180 days. Enphase Energy, is related to or competes with Grupo Sports, Monster Beverage, Genworth Financial, McEwen Mining, Ross Stores, Costco Wholesale, and UnitedHealth Group. Enphase Energy, Inc., together with its subsidiaries, designs, develops, manufactures, and sells home energy solutions f... More
Enphase Energy, 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 Enphase Energy,'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 Enphase Energy, upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 20.14 | |||
| Value At Risk | (7.06) | |||
| Potential Upside | 4.76 |
Enphase Energy, Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Enphase Energy,'s investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Enphase Energy,'s standard deviation. In reality, there are many statistical measures that can use Enphase Energy, historical prices to predict the future Enphase Energy,'s volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.61) | |||
| Total Risk Alpha | (1.31) | |||
| Treynor Ratio | 3.1 |
Enphase Energy, Backtested Returns
Enphase Energy, secures Sharpe Ratio (or Efficiency) of -0.15, which denotes the company had a -0.15% return per unit of risk over the last 3 months. Enphase Energy, exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Enphase Energy,'s Variance of 16.44, standard deviation of 4.06, and Mean Deviation of 2.78 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.2, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Enphase Energy, are expected to decrease at a much lower rate. During the bear market, Enphase Energy, is likely to outperform the market. At this point, Enphase Energy, has a negative expected return of -0.63%. Please make sure to confirm Enphase Energy,'s total risk alpha, maximum drawdown, skewness, as well as the relationship between the treynor ratio and potential upside , to decide if Enphase Energy, performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.12 |
Insignificant reverse predictability
Enphase Energy, has insignificant reverse predictability. Overlapping area represents the amount of predictability between Enphase Energy, time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 2024 to 30th 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 Enphase Energy, price movement. The serial correlation of -0.12 indicates that less than 12.0% of current Enphase Energy, price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.12 | |
| Spearman Rank Test | -0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 123.9 K |
Enphase Energy, lagged returns against current returns
Autocorrelation, which is Enphase Energy, 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 Enphase Energy,'s stock expected returns. We can calculate the autocorrelation of Enphase Energy, returns to help us make a trade decision. For example, suppose you find that Enphase Energy, 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 |
Enphase Energy, 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 Enphase Energy, stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Enphase Energy, stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Enphase Energy, stock over time.
Current vs Lagged Prices |
| Timeline |
Enphase Energy, Lagged Returns
When evaluating Enphase Energy,'s market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Enphase Energy, stock have on its future price. Enphase Energy, 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, Enphase Energy, autocorrelation shows the relationship between Enphase Energy, stock current value and its past values and can show if there is a momentum factor associated with investing in Enphase Energy,.
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 Enphase Stock Analysis
When running Enphase Energy,'s price analysis, check to measure Enphase Energy,'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 Enphase Energy, is operating at the current time. Most of Enphase Energy,'s value examination focuses on studying past and present price action to predict the probability of Enphase Energy,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enphase Energy,'s price. Additionally, you may evaluate how the addition of Enphase Energy, to your portfolios can decrease your overall portfolio volatility.