Enertopia Corporation Stock Market Value
| ENRT Stock | USD 0.08 0.01 11.27% |
| Symbol | Enertopia |
Enertopia '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 Enertopia's otc 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 Enertopia.
| 01/01/2025 |
| 01/31/2025 |
If you would invest 0.00 in Enertopia on January 1, 2025 and sell it all today you would earn a total of 0.00 from holding Enertopia Corporation or generate 0.0% return on investment in Enertopia over 30 days. Enertopia is related to or competes with Edible Garden, Golden Agri-Resources, Local Bounti, Village Farms, Limoneira, Golden Agri-Resources, and SW Seed. Enertopia Corp., a development stage company, focuses on pursuing business opportunities in the natural resource and tec... More
Enertopia 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 Enertopia's otc 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 Enertopia Corporation upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 43.47 | |||
| Information Ratio | 0.2675 | |||
| Maximum Drawdown | 2566.5 | |||
| Value At Risk | (95.00) | |||
| Potential Upside | 1784.06 |
Enertopia Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Enertopia's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Enertopia's standard deviation. In reality, there are many statistical measures that can use Enertopia historical prices to predict the future Enertopia's volatility.| Risk Adjusted Performance | 0.2335 | |||
| Jensen Alpha | 143.89 | |||
| Total Risk Alpha | 86.96 | |||
| Sortino Ratio | 3.34 | |||
| Treynor Ratio | 8.26 |
Enertopia Backtested Returns
Enertopia is out of control given 3 months investment horizon. Enertopia secures Sharpe Ratio (or Efficiency) of 0.27, which denotes the company had a 0.27 % return per unit of risk over the last 3 months. We were able to interpolate data for twenty-seven different technical indicators, which can help you to evaluate if expected returns of 75.88% are justified by taking the suggested risk. Use Enertopia Mean Deviation of 282.03, downside deviation of 43.47, and Coefficient Of Variation of 373.62 to evaluate company specific risk that cannot be diversified away. Enertopia holds a performance score of 21 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 17.61, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Enertopia will likely underperform. Use Enertopia total risk alpha, as well as the relationship between the downside variance and rate of daily change , to analyze future returns on Enertopia.
Auto-correlation | 0.48 |
Average predictability
Enertopia Corporation has average predictability. Overlapping area represents the amount of predictability between Enertopia time series from 1st of January 2025 to 16th of January 2025 and 16th of January 2025 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 Enertopia price movement. The serial correlation of 0.48 indicates that about 48.0% of current Enertopia price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.48 | |
| Spearman Rank Test | 0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Enertopia lagged returns against current returns
Autocorrelation, which is Enertopia otc 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 Enertopia's otc stock expected returns. We can calculate the autocorrelation of Enertopia returns to help us make a trade decision. For example, suppose you find that Enertopia has exhibited high autocorrelation historically, and you observe that the otc 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 |
Enertopia 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 Enertopia otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Enertopia otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Enertopia otc stock over time.
Current vs Lagged Prices |
| Timeline |
Enertopia Lagged Returns
When evaluating Enertopia's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Enertopia otc stock have on its future price. Enertopia 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, Enertopia autocorrelation shows the relationship between Enertopia otc stock current value and its past values and can show if there is a momentum factor associated with investing in Enertopia Corporation.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Enertopia OTC Stock Analysis
When running Enertopia's price analysis, check to measure Enertopia'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 Enertopia is operating at the current time. Most of Enertopia's value examination focuses on studying past and present price action to predict the probability of Enertopia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enertopia's price. Additionally, you may evaluate how the addition of Enertopia to your portfolios can decrease your overall portfolio volatility.