ENSTAR FIN LLC Market Value
| 29360AAA8 | 88.14 10.91 11.01% |
| Symbol | ENSTAR |
ENSTAR '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 ENSTAR'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 ENSTAR.
| 12/12/2022 |
| 12/01/2024 |
If you would invest 0.00 in ENSTAR on December 12, 2022 and sell it all today you would earn a total of 0.00 from holding ENSTAR FIN LLC or generate 0.0% return on investment in ENSTAR over 720 days. ENSTAR is related to or competes with 00108WAF7, 90331HPL1, American Express, Chevron Corp, Cisco Systems, Verizon Communications, and Merck. More
ENSTAR 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 ENSTAR'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 ENSTAR FIN LLC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 26.08 | |||
| Value At Risk | (2.44) | |||
| Potential Upside | 1.9 |
ENSTAR Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ENSTAR's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ENSTAR's standard deviation. In reality, there are many statistical measures that can use ENSTAR historical prices to predict the future ENSTAR's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.63) | |||
| Treynor Ratio | (0.79) |
ENSTAR FIN LLC Backtested Returns
ENSTAR FIN LLC secures Sharpe Ratio (or Efficiency) of -0.12, which denotes the bond had a -0.12% return per unit of volatility over the last 3 months. ENSTAR FIN LLC exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ENSTAR's Mean Deviation of 1.28, standard deviation of 3.2, and Market Risk Adjusted Performance of (0.78) to check the risk estimate we provide. The bond shows a Beta (market volatility) of 0.13, which means not very significant fluctuations relative to the market. As returns on the market increase, ENSTAR's returns are expected to increase less than the market. However, during the bear market, the loss of holding ENSTAR is expected to be smaller as well.
Auto-correlation | -0.11 |
Insignificant reverse predictability
ENSTAR FIN LLC has insignificant reverse predictability. Overlapping area represents the amount of predictability between ENSTAR time series from 12th of December 2022 to 7th of December 2023 and 7th of December 2023 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 ENSTAR FIN LLC price movement. The serial correlation of -0.11 indicates that less than 11.0% of current ENSTAR price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.11 | |
| Spearman Rank Test | -0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 2.83 |
ENSTAR FIN LLC lagged returns against current returns
Autocorrelation, which is ENSTAR 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 ENSTAR's bond expected returns. We can calculate the autocorrelation of ENSTAR returns to help us make a trade decision. For example, suppose you find that ENSTAR 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 |
ENSTAR 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 ENSTAR bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ENSTAR bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ENSTAR bond over time.
Current vs Lagged Prices |
| Timeline |
ENSTAR Lagged Returns
When evaluating ENSTAR's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ENSTAR bond have on its future price. ENSTAR 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, ENSTAR autocorrelation shows the relationship between ENSTAR bond current value and its past values and can show if there is a momentum factor associated with investing in ENSTAR FIN LLC.
Regressed Prices |
| Timeline |
Also Currently Popular
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 ENSTAR Bond
ENSTAR financial ratios help investors to determine whether ENSTAR 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 ENSTAR with respect to the benefits of owning ENSTAR security.