ENTERGY (Germany) Market Value
| ETY Stock | 75.00 1.00 1.35% |
| Symbol | ENTERGY |
ENTERGY '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 ENTERGY'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 ENTERGY.
| 12/21/2023 |
| 01/14/2025 |
ENTERGY 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 ENTERGY'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 ENTERGY upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.04 | |||
| Information Ratio | 0.1516 | |||
| Maximum Drawdown | 21.78 | |||
| Value At Risk | (2.72) | |||
| Potential Upside | 2.88 |
ENTERGY Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ENTERGY's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ENTERGY's standard deviation. In reality, there are many statistical measures that can use ENTERGY historical prices to predict the future ENTERGY's volatility.| Risk Adjusted Performance | 0.1307 | |||
| Jensen Alpha | 0.3541 | |||
| Total Risk Alpha | 0.3984 | |||
| Sortino Ratio | 0.1833 | |||
| Treynor Ratio | (0.48) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ENTERGY'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.
ENTERGY Backtested Returns
ENTERGY appears to be very steady, given 3 months investment horizon. ENTERGY secures Sharpe Ratio (or Efficiency) of 0.15, which denotes the company had a 0.15% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for ENTERGY, which you can use to evaluate the volatility of the firm. Please utilize ENTERGY's Market Risk Adjusted Performance of (0.47), mean deviation of 1.41, and Downside Deviation of 2.04 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, ENTERGY holds a performance score of 12. The firm shows a Beta (market volatility) of -0.75, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning ENTERGY are expected to decrease at a much lower rate. During the bear market, ENTERGY is likely to outperform the market. Please check ENTERGY's semi variance, and the relationship between the maximum drawdown and accumulation distribution , to make a quick decision on whether ENTERGY's price patterns will revert.
Auto-correlation | 0.92 |
Excellent predictability
ENTERGY has excellent predictability. Overlapping area represents the amount of predictability between ENTERGY time series from 21st of December 2023 to 3rd of July 2024 and 3rd of July 2024 to 14th 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 ENTERGY price movement. The serial correlation of 0.92 indicates that approximately 92.0% of current ENTERGY price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.92 | |
| Spearman Rank Test | 0.91 | |
| Residual Average | 0.0 | |
| Price Variance | 81.7 |
ENTERGY lagged returns against current returns
Autocorrelation, which is ENTERGY 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 ENTERGY's stock expected returns. We can calculate the autocorrelation of ENTERGY returns to help us make a trade decision. For example, suppose you find that ENTERGY 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 |
ENTERGY 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 ENTERGY stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ENTERGY stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ENTERGY stock over time.
Current vs Lagged Prices |
| Timeline |
ENTERGY Lagged Returns
When evaluating ENTERGY's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ENTERGY stock have on its future price. ENTERGY 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, ENTERGY autocorrelation shows the relationship between ENTERGY stock current value and its past values and can show if there is a momentum factor associated with investing in ENTERGY.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for ENTERGY Stock Analysis
When running ENTERGY's price analysis, check to measure ENTERGY'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 ENTERGY is operating at the current time. Most of ENTERGY's value examination focuses on studying past and present price action to predict the probability of ENTERGY's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ENTERGY's price. Additionally, you may evaluate how the addition of ENTERGY to your portfolios can decrease your overall portfolio volatility.