ENIIM 475 12 SEP 28 Market Value
| 26874RAE8 | 97.10 0.00 0.00% |
| Symbol | ENIIM |
Please note, there is a significant difference between ENIIM's value and its price as these two are different measures arrived at by different means. Investors typically determine if ENIIM is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ENIIM's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
ENIIM '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 ENIIM's bond 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 ENIIM.
| 04/14/2023 |
| 03/04/2025 |
If you would invest 0.00 in ENIIM on April 14, 2023 and sell it all today you would earn a total of 0.00 from holding ENIIM 475 12 SEP 28 or generate 0.0% return on investment in ENIIM over 690 days. ENIIM is related to or competes with United Parks, Sphere Entertainment, Hudson Technologies, Ioneer, Stepan, Emerson Radio, and Griffon. More
ENIIM 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 ENIIM's bond 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 ENIIM 475 12 SEP 28 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0302 | |||
| Maximum Drawdown | 3.43 | |||
| Value At Risk | (0.67) | |||
| Potential Upside | 0.7993 |
ENIIM Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ENIIM's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ENIIM's standard deviation. In reality, there are many statistical measures that can use ENIIM historical prices to predict the future ENIIM's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | 0.0078 | |||
| Treynor Ratio | (0.49) |
ENIIM 475 12 Backtested Returns
ENIIM 475 12 secures Sharpe Ratio (or Efficiency) of -0.19, which denotes the bond had a -0.19 % return per unit of return volatility over the last 3 months. ENIIM 475 12 SEP 28 exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ENIIM's standard deviation of 0.6138, and Mean Deviation of 0.3651 to check the risk estimate we provide. The bond shows a Beta (market volatility) of 0.0861, which means not very significant fluctuations relative to the market. As returns on the market increase, ENIIM's returns are expected to increase less than the market. However, during the bear market, the loss of holding ENIIM is expected to be smaller as well.
Auto-correlation | -0.38 |
Poor reverse predictability
ENIIM 475 12 SEP 28 has poor reverse predictability. Overlapping area represents the amount of predictability between ENIIM time series from 14th of April 2023 to 24th of March 2024 and 24th of March 2024 to 4th of March 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 ENIIM 475 12 price movement. The serial correlation of -0.38 indicates that just about 38.0% of current ENIIM price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.38 | |
| Spearman Rank Test | -0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 1.44 |
ENIIM 475 12 lagged returns against current returns
Autocorrelation, which is ENIIM bond'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 ENIIM's bond expected returns. We can calculate the autocorrelation of ENIIM returns to help us make a trade decision. For example, suppose you find that ENIIM has exhibited high autocorrelation historically, and you observe that the bond 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 |
ENIIM 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 ENIIM bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ENIIM bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ENIIM bond over time.
Current vs Lagged Prices |
| Timeline |
ENIIM Lagged Returns
When evaluating ENIIM's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ENIIM bond have on its future price. ENIIM 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, ENIIM autocorrelation shows the relationship between ENIIM bond current value and its past values and can show if there is a momentum factor associated with investing in ENIIM 475 12 SEP 28.
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.Other Information on Investing in ENIIM Bond
ENIIM financial ratios help investors to determine whether ENIIM Bond 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 ENIIM with respect to the benefits of owning ENIIM security.