Emporiki Eisagogiki (Greece) Market Value
| MOTO Stock | EUR 2.58 0.05 1.98% |
| Symbol | Emporiki |
Emporiki Eisagogiki '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 Emporiki Eisagogiki'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 Emporiki Eisagogiki.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Emporiki Eisagogiki on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Emporiki Eisagogiki Aftokiniton or generate 0.0% return on investment in Emporiki Eisagogiki over 30 days. Emporiki Eisagogiki is related to or competes with As Commercial, General Commercial, Athens Medical, Sidma SA, Intracom Constructions, and Lampsa Hellenic. Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme operates in the automobile, wholesale, an... More
Emporiki Eisagogiki 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 Emporiki Eisagogiki'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 Emporiki Eisagogiki Aftokiniton upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.48 | |||
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 5.65 | |||
| Value At Risk | (1.96) | |||
| Potential Upside | 2.29 |
Emporiki Eisagogiki Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Emporiki Eisagogiki's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Emporiki Eisagogiki's standard deviation. In reality, there are many statistical measures that can use Emporiki Eisagogiki historical prices to predict the future Emporiki Eisagogiki's volatility.| Risk Adjusted Performance | 0.0229 | |||
| Jensen Alpha | 0.0506 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | (0.09) |
Emporiki Eisagogiki Backtested Returns
Emporiki Eisagogiki secures Sharpe Ratio (or Efficiency) of -0.031, which denotes the company had a -0.031% return per unit of risk over the last 3 months. Emporiki Eisagogiki Aftokiniton exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Emporiki Eisagogiki's Coefficient Of Variation of 4087.17, mean deviation of 0.9726, and Downside Deviation of 1.48 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.25, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Emporiki Eisagogiki are expected to decrease at a much lower rate. During the bear market, Emporiki Eisagogiki is likely to outperform the market. At this point, Emporiki Eisagogiki has a negative expected return of -0.0402%. Please make sure to confirm Emporiki Eisagogiki's treynor ratio, value at risk, and the relationship between the sortino ratio and maximum drawdown , to decide if Emporiki Eisagogiki performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.67 |
Very good reverse predictability
Emporiki Eisagogiki Aftokiniton has very good reverse predictability. Overlapping area represents the amount of predictability between Emporiki Eisagogiki time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 Emporiki Eisagogiki price movement. The serial correlation of -0.67 indicates that around 67.0% of current Emporiki Eisagogiki price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.67 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Emporiki Eisagogiki lagged returns against current returns
Autocorrelation, which is Emporiki Eisagogiki 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 Emporiki Eisagogiki's stock expected returns. We can calculate the autocorrelation of Emporiki Eisagogiki returns to help us make a trade decision. For example, suppose you find that Emporiki Eisagogiki 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 |
Emporiki Eisagogiki 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 Emporiki Eisagogiki stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Emporiki Eisagogiki stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Emporiki Eisagogiki stock over time.
Current vs Lagged Prices |
| Timeline |
Emporiki Eisagogiki Lagged Returns
When evaluating Emporiki Eisagogiki's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Emporiki Eisagogiki stock have on its future price. Emporiki Eisagogiki 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, Emporiki Eisagogiki autocorrelation shows the relationship between Emporiki Eisagogiki stock current value and its past values and can show if there is a momentum factor associated with investing in Emporiki Eisagogiki Aftokiniton.
Regressed Prices |
| Timeline |
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Additional Tools for Emporiki Stock Analysis
When running Emporiki Eisagogiki's price analysis, check to measure Emporiki Eisagogiki'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 Emporiki Eisagogiki is operating at the current time. Most of Emporiki Eisagogiki's value examination focuses on studying past and present price action to predict the probability of Emporiki Eisagogiki's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Emporiki Eisagogiki's price. Additionally, you may evaluate how the addition of Emporiki Eisagogiki to your portfolios can decrease your overall portfolio volatility.