Enterprise Group Stock Technical Analysis
| E Stock | CAD 2.26 0.19 9.18% |
As of the 1st of December, Eni SPA shows the Coefficient Of Variation of 591.48, downside deviation of 5.36, and Mean Deviation of 3.56. Enterprise Group technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.
Eni SPA Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Eni, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to EniEni |
Eni SPA technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Enterprise Group Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Enterprise Group volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Enterprise Group Trend Analysis
Use this graph to draw trend lines for Enterprise Group. You can use it to identify possible trend reversals for Eni SPA as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Eni SPA price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Eni SPA Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Enterprise Group applied against its price change over selected period. The best fit line has a slop of 0 , which means Enterprise Group will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.77, which is the sum of squared deviations for the predicted Eni SPA price change compared to its average price change.About Eni SPA Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Enterprise Group on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Enterprise Group based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Enterprise Group price pattern first instead of the macroeconomic environment surrounding Enterprise Group. By analyzing Eni SPA's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Eni SPA's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Eni SPA specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 111.35 | 109.25 | 81.28 | 125.54 | PTB Ratio | 0.47 | 0.55 | 0.92 | 0.86 |
Eni SPA December 1, 2024 Technical Indicators
Most technical analysis of Eni help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Eni from various momentum indicators to cycle indicators. When you analyze Eni charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1377 | |||
| Market Risk Adjusted Performance | 0.742 | |||
| Mean Deviation | 3.56 | |||
| Semi Deviation | 4.18 | |||
| Downside Deviation | 5.36 | |||
| Coefficient Of Variation | 591.48 | |||
| Standard Deviation | 4.89 | |||
| Variance | 23.91 | |||
| Information Ratio | 0.1409 | |||
| Jensen Alpha | 0.6743 | |||
| Total Risk Alpha | 4.0E-4 | |||
| Sortino Ratio | 0.1286 | |||
| Treynor Ratio | 0.732 | |||
| Maximum Drawdown | 30.62 | |||
| Value At Risk | (4.86) | |||
| Potential Upside | 9.18 | |||
| Downside Variance | 28.69 | |||
| Semi Variance | 17.5 | |||
| Expected Short fall | (4.47) | |||
| Skewness | (0.66) | |||
| Kurtosis | 3.39 |
Other Information on Investing in Eni Stock
Eni SPA financial ratios help investors to determine whether Eni Stock 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 Eni with respect to the benefits of owning Eni SPA security.