Easyjet Plc Adr Stock Market Value
| ESYJY Stock | USD 7.06 0.36 5.37% |
| Symbol | EasyJet |
EasyJet PLC '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 EasyJet PLC'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 EasyJet PLC.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in EasyJet PLC on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding EasyJet PLC ADR or generate 0.0% return on investment in EasyJet PLC over 30 days. EasyJet PLC is related to or competes with Finnair Oyj, EasyJet Plc, Norse Atlantic, AirAsia Group, Air France, International Consolidated, and Singapore Airlines. easyJet plc operates as an airline carrier primarily in Europe More
EasyJet PLC 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 EasyJet PLC'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 EasyJet PLC ADR upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.15 | |||
| Information Ratio | 0.047 | |||
| Maximum Drawdown | 10.76 | |||
| Value At Risk | (3.07) | |||
| Potential Upside | 3.83 |
EasyJet PLC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for EasyJet PLC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as EasyJet PLC's standard deviation. In reality, there are many statistical measures that can use EasyJet PLC historical prices to predict the future EasyJet PLC's volatility.| Risk Adjusted Performance | 0.0926 | |||
| Jensen Alpha | 0.1521 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | 0.0456 | |||
| Treynor Ratio | 0.3914 |
EasyJet PLC ADR Backtested Returns
At this stage we consider EasyJet OTC Stock to be somewhat reliable. EasyJet PLC ADR secures Sharpe Ratio (or Efficiency) of 0.0901, which denotes the company had a 0.0901% return per unit of risk over the last 3 months. We have found thirty technical indicators for EasyJet PLC ADR, which you can use to evaluate the volatility of the firm. Please confirm EasyJet PLC's Downside Deviation of 2.15, coefficient of variation of 885.92, and Mean Deviation of 1.59 to check if the risk estimate we provide is consistent with the expected return of 0.19%. EasyJet PLC has a performance score of 7 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.58, which means possible diversification benefits within a given portfolio. As returns on the market increase, EasyJet PLC's returns are expected to increase less than the market. However, during the bear market, the loss of holding EasyJet PLC is expected to be smaller as well. EasyJet PLC ADR right now shows a risk of 2.11%. Please confirm EasyJet PLC ADR potential upside, as well as the relationship between the accumulation distribution and price action indicator , to decide if EasyJet PLC ADR will be following its price patterns.
Auto-correlation | -0.57 |
Good reverse predictability
EasyJet PLC ADR has good reverse predictability. Overlapping area represents the amount of predictability between EasyJet PLC time series from 31st of October 2024 to 15th of November 2024 and 15th of November 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 EasyJet PLC ADR price movement. The serial correlation of -0.57 indicates that roughly 57.0% of current EasyJet PLC price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.57 | |
| Spearman Rank Test | -0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
EasyJet PLC ADR lagged returns against current returns
Autocorrelation, which is EasyJet PLC 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 EasyJet PLC's otc stock expected returns. We can calculate the autocorrelation of EasyJet PLC returns to help us make a trade decision. For example, suppose you find that EasyJet PLC 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 |
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EasyJet PLC 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 EasyJet PLC otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if EasyJet PLC otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in EasyJet PLC otc stock over time.
Current vs Lagged Prices |
| Timeline |
EasyJet PLC Lagged Returns
When evaluating EasyJet PLC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of EasyJet PLC otc stock have on its future price. EasyJet PLC 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, EasyJet PLC autocorrelation shows the relationship between EasyJet PLC otc stock current value and its past values and can show if there is a momentum factor associated with investing in EasyJet PLC ADR.
Regressed Prices |
| Timeline |
Also Currently Popular
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 EasyJet OTC Stock Analysis
When running EasyJet PLC's price analysis, check to measure EasyJet PLC'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 EasyJet PLC is operating at the current time. Most of EasyJet PLC's value examination focuses on studying past and present price action to predict the probability of EasyJet PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EasyJet PLC's price. Additionally, you may evaluate how the addition of EasyJet PLC to your portfolios can decrease your overall portfolio volatility.