Essensys PLC (UK) Market Value
| ESYS Stock | 32.00 2.00 6.67% |
| Symbol | Essensys |
Essensys 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 Essensys PLC'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 Essensys PLC.
| 06/04/2024 |
| 12/01/2024 |
If you would invest 0.00 in Essensys PLC on June 4, 2024 and sell it all today you would earn a total of 0.00 from holding Essensys PLC or generate 0.0% return on investment in Essensys PLC over 180 days. Essensys PLC is related to or competes with Vitec Software, Atresmedia, Playtech Plc, Arrow Electronics, LBG Media, Blackstone Loan, and Liberty Media. Essensys PLC is entity of United Kingdom More
Essensys 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 Essensys PLC'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 Essensys PLC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 15.95 | |||
| Value At Risk | (3.23) | |||
| Potential Upside | 1.85 |
Essensys PLC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Essensys PLC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Essensys PLC's standard deviation. In reality, there are many statistical measures that can use Essensys PLC historical prices to predict the future Essensys PLC's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.44) | |||
| Treynor Ratio | 1.83 |
Essensys PLC Backtested Returns
Essensys PLC secures Sharpe Ratio (or Efficiency) of -0.0123, which denotes the company had a -0.0123% return per unit of risk over the last 3 months. Essensys PLC exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Essensys PLC's Variance of 4.54, standard deviation of 2.13, and Mean Deviation of 0.8205 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.0439, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Essensys PLC are expected to decrease at a much lower rate. During the bear market, Essensys PLC is likely to outperform the market. At this point, Essensys PLC has a negative expected return of -0.0259%. Please make sure to confirm Essensys PLC's maximum drawdown, potential upside, kurtosis, as well as the relationship between the value at risk and skewness , to decide if Essensys PLC performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.35 |
Poor reverse predictability
Essensys PLC has poor reverse predictability. Overlapping area represents the amount of predictability between Essensys PLC time series from 4th of June 2024 to 2nd of September 2024 and 2nd of September 2024 to 1st 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 Essensys PLC price movement. The serial correlation of -0.35 indicates that nearly 35.0% of current Essensys PLC price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.35 | |
| Spearman Rank Test | 0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 4.12 |
Essensys PLC lagged returns against current returns
Autocorrelation, which is Essensys PLC 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 Essensys PLC's stock expected returns. We can calculate the autocorrelation of Essensys PLC returns to help us make a trade decision. For example, suppose you find that Essensys PLC 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 |
Essensys 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 Essensys PLC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Essensys PLC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Essensys PLC stock over time.
Current vs Lagged Prices |
| Timeline |
Essensys PLC Lagged Returns
When evaluating Essensys PLC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Essensys PLC stock have on its future price. Essensys 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, Essensys PLC autocorrelation shows the relationship between Essensys PLC stock current value and its past values and can show if there is a momentum factor associated with investing in Essensys PLC.
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 Essensys Stock Analysis
When running Essensys PLC's price analysis, check to measure Essensys 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 Essensys PLC is operating at the current time. Most of Essensys PLC's value examination focuses on studying past and present price action to predict the probability of Essensys 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 Essensys PLC's price. Additionally, you may evaluate how the addition of Essensys PLC to your portfolios can decrease your overall portfolio volatility.