Ese Entertainment Stock Market Value
| ENTEF Stock | USD 0.05 0.01 10.87% |
| Symbol | ESE |
ESE Entertainment '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 ESE Entertainment'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 ESE Entertainment.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in ESE Entertainment on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding ESE Entertainment or generate 0.0% return on investment in ESE Entertainment over 720 days. ESE Entertainment is related to or competes with OverActive Media, and Celtic Plc. ESE Entertainment Inc., an entertainment and technology company, focuses on gaming and esports in Europe and internation... More
ESE Entertainment 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 ESE Entertainment'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 ESE Entertainment upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.65 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 37.57 | |||
| Value At Risk | (10.34) | |||
| Potential Upside | 15.87 |
ESE Entertainment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ESE Entertainment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ESE Entertainment's standard deviation. In reality, there are many statistical measures that can use ESE Entertainment historical prices to predict the future ESE Entertainment's volatility.| Risk Adjusted Performance | 0.0173 | |||
| Jensen Alpha | 0.4565 | |||
| Total Risk Alpha | (1.11) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.02) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ESE Entertainment'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.
ESE Entertainment Backtested Returns
At this point, ESE Entertainment is out of control. ESE Entertainment secures Sharpe Ratio (or Efficiency) of 0.0058, which denotes the company had a 0.0058% return per unit of return volatility over the last 3 months. We have found twenty-nine technical indicators for ESE Entertainment, which you can use to evaluate the volatility of the firm. Please confirm ESE Entertainment's downside deviation of 7.65, and Mean Deviation of 5.03 to check if the risk estimate we provide is consistent with the expected return of 0.0406%. The firm shows a Beta (market volatility) of -3.05, which means a somewhat significant risk relative to the market. As returns on the market increase, returns on owning ESE Entertainment are expected to decrease by larger amounts. On the other hand, during market turmoil, ESE Entertainment is expected to outperform it. ESE Entertainment now shows a risk of 7.0%. Please confirm ESE Entertainment maximum drawdown, skewness, and the relationship between the total risk alpha and downside variance , to decide if ESE Entertainment will be following its price patterns.
Auto-correlation | -0.1 |
Very weak reverse predictability
ESE Entertainment has very weak reverse predictability. Overlapping area represents the amount of predictability between ESE Entertainment time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd of December 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 ESE Entertainment price movement. The serial correlation of -0.1 indicates that less than 10.0% of current ESE Entertainment price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.1 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
ESE Entertainment lagged returns against current returns
Autocorrelation, which is ESE Entertainment 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 ESE Entertainment's otc stock expected returns. We can calculate the autocorrelation of ESE Entertainment returns to help us make a trade decision. For example, suppose you find that ESE Entertainment 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 |
ESE Entertainment 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 ESE Entertainment otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ESE Entertainment otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ESE Entertainment otc stock over time.
Current vs Lagged Prices |
| Timeline |
ESE Entertainment Lagged Returns
When evaluating ESE Entertainment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ESE Entertainment otc stock have on its future price. ESE Entertainment 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, ESE Entertainment autocorrelation shows the relationship between ESE Entertainment otc stock current value and its past values and can show if there is a momentum factor associated with investing in ESE Entertainment.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in ESE OTC Stock
ESE Entertainment financial ratios help investors to determine whether ESE OTC 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 ESE with respect to the benefits of owning ESE Entertainment security.