Macroaxis considers Emerge Energy to be moderately volatile. Emerge Energy Services
secures Sharpe Ratio (or Efficiency) of -0.1202 which denotes Emerge Energy Services
had -0.1202% of return per unit of risk over the last 1 month. Macroaxis philosophy towards predicting risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators
. Emerge Energy Services LP exposes twenty-eight different technical indicators
which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Emerge Energy Services Coefficient Of Variation
of 530.59 and Mean Deviation of 2.32 to check risk estimate we provide. Macroaxis gives Emerge Energy performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of 0.0 which denotes to the fact that the returns on MARKET and Emerge Energy are completely uncorrelated. Even though it is essential to pay attention to Emerge Energy Services historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy towards predicting future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Emerge Energy Services LP exposes twenty-eight different technical indicators which can help you to evaluate its performance. Emerge Energy Services has expected return of -0.3364%. Please be advised to confirm Emerge Energy Services Value At Risk, and the relationship between Jensen Alpha and Skewness to decide if Emerge Energy Services past performance will be repeated at some point in the near future.
|15 days auto-correlation|| 0.55 |
Emerge Energy Services LP has modest predictability. Overlapping area represents the amount of predictability between Emerge Energy time series from May 23, 2018 to June 7, 2018 and June 7, 2018 to June 22, 2018. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Emerge Energy Services price movement. The serial correlation of 0.55 indicates that about 55.0% of current Emerge Energy price fluctuation can be explain by its past prices.
|Correlation Coefficient|| 0.55|
|Spearman Rank Test|| 0.47|
|Price Variance|| 0.04|
|Lagged Price Variance|| 0.04|