Enwell Energy Plc Stock Market Value
| RGPMF Stock | USD 0.24 0.00 0.00% |
| Symbol | Enwell |
Enwell Energy '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 Enwell Energy's pink sheet 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 Enwell Energy.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in Enwell Energy on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding Enwell Energy plc or generate 0.0% return on investment in Enwell Energy over 510 days. Enwell Energy is related to or competes with Cadence Design, BJs Restaurants, Dennys Corp, Summit Hotel, NetSol Technologies, Playa Hotels, and Portillos. Enwell Energy plc explores and produces oil and gas in Ukraine More
Enwell Energy 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 Enwell Energy's pink sheet 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 Enwell Energy plc upside and downside potential and time the market with a certain degree of confidence.
Enwell Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Enwell Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Enwell Energy's standard deviation. In reality, there are many statistical measures that can use Enwell Energy historical prices to predict the future Enwell Energy's volatility.Enwell Energy plc Backtested Returns
We have found three technical indicators for Enwell Energy plc, which you can use to evaluate the volatility of the firm. The firm shows a Beta (market volatility) of 0.0, which means not very significant fluctuations relative to the market. the returns on MARKET and Enwell Energy are completely uncorrelated.
Auto-correlation | -0.23 |
Weak reverse predictability
Enwell Energy plc has weak reverse predictability. Overlapping area represents the amount of predictability between Enwell Energy time series from 5th of July 2023 to 16th of March 2024 and 16th of March 2024 to 26th 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 Enwell Energy plc price movement. The serial correlation of -0.23 indicates that over 23.0% of current Enwell Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.23 | |
| Spearman Rank Test | -0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Enwell Energy plc lagged returns against current returns
Autocorrelation, which is Enwell Energy pink sheet'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 Enwell Energy's pink sheet expected returns. We can calculate the autocorrelation of Enwell Energy returns to help us make a trade decision. For example, suppose you find that Enwell Energy has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Enwell Energy 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 Enwell Energy pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Enwell Energy pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Enwell Energy pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Enwell Energy Lagged Returns
When evaluating Enwell Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Enwell Energy pink sheet have on its future price. Enwell Energy 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, Enwell Energy autocorrelation shows the relationship between Enwell Energy pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Enwell Energy plc.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Enwell Pink Sheet
Enwell Energy financial ratios help investors to determine whether Enwell Pink Sheet 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 Enwell with respect to the benefits of owning Enwell Energy security.