ENTERGY PORATION Market Value
| 29364GAM5 | 94.16 2.88 2.97% |
| 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 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 ENTERGY.
| 01/09/2023 |
| 11/29/2024 |
If you would invest 0.00 in ENTERGY on January 9, 2023 and sell it all today you would earn a total of 0.00 from holding ENTERGY PORATION or generate 0.0% return on investment in ENTERGY over 690 days. ENTERGY is related to or competes with 00108WAF7, 90331HPL1, International Business, Intel, Home Depot, Verizon Communications, and Boeing. More
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 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 ENTERGY PORATION upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.37) | |||
| Maximum Drawdown | 1.14 | |||
| Value At Risk | (0.38) | |||
| Potential Upside | 0.3003 |
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 | (0.06) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.10) | |||
| Treynor Ratio | 2.18 |
ENTERGY PORATION Backtested Returns
ENTERGY PORATION secures Sharpe Ratio (or Efficiency) of -0.0792, which denotes the bond had a -0.0792% return per unit of volatility over the last 3 months. ENTERGY PORATION exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ENTERGY's Market Risk Adjusted Performance of 2.19, standard deviation of 0.4196, and Mean Deviation of 0.1875 to check the risk estimate we provide. The bond shows a Beta (market volatility) of -0.0185, which means not very significant fluctuations relative to the market. 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.
Auto-correlation | 0.64 |
Good predictability
ENTERGY PORATION has good predictability. Overlapping area represents the amount of predictability between ENTERGY time series from 9th of January 2023 to 20th of December 2023 and 20th of December 2023 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 ENTERGY PORATION price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current ENTERGY price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.64 | |
| Spearman Rank Test | 0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 1.65 |
ENTERGY PORATION lagged returns against current returns
Autocorrelation, which is ENTERGY 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 ENTERGY's bond 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 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 |
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 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ENTERGY bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ENTERGY bond 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 bond 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 bond current value and its past values and can show if there is a momentum factor associated with investing in ENTERGY PORATION.
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 ENTERGY Bond
ENTERGY financial ratios help investors to determine whether ENTERGY 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 ENTERGY with respect to the benefits of owning ENTERGY security.