Enstar Group Limited Stock Market Value
| ESGR Stock | USD 291.74 0.00 0.00% |
| Symbol | Enstar |
Enstar Group Limited Price To Book Ratio
Is Enstar Group's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Enstar Group. If investors know Enstar will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Enstar Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.994 | Earnings Share 68.46 | Revenue Per Share 73.824 | Quarterly Revenue Growth 1.353 | Return On Assets 0.0223 |
The market value of Enstar Group Limited is measured differently than its book value, which is the value of Enstar that is recorded on the company's balance sheet. Investors also form their own opinion of Enstar Group's value that differs from its market value or its book value, called intrinsic value, which is Enstar Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Enstar Group's market value can be influenced by many factors that don't directly affect Enstar Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Enstar Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Enstar Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enstar Group'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.
Enstar Group '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 Group's stock 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 Group.
| 03/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in Enstar Group on March 26, 2024 and sell it all today you would earn a total of 0.00 from holding Enstar Group Limited or generate 0.0% return on investment in Enstar Group over 30 days. Enstar Group is related to or competes with Assicurazioni Generali, Ageas SANV, and AXA SA. Enstar Group Limited acquires and manages insurance and reinsurance companies, and portfolios of insurance and reinsuran... More
Enstar Group 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 Group's stock 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 Group Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.56 | |||
| Information Ratio | 0.0098 | |||
| Maximum Drawdown | 7.64 | |||
| Value At Risk | (2.55) | |||
| Potential Upside | 2.97 |
Enstar Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Enstar Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Enstar Group's standard deviation. In reality, there are many statistical measures that can use Enstar Group historical prices to predict the future Enstar Group's volatility.| Risk Adjusted Performance | 0.0475 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | 0.0107 | |||
| Treynor Ratio | 0.0779 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Enstar Group's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Enstar Group Limited Backtested Returns
We consider Enstar Group very steady. Enstar Group Limited secures Sharpe Ratio (or Efficiency) of 0.0722, which denotes the company had a 0.0722% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Enstar Group Limited, which you can use to evaluate the volatility of the firm. Please confirm Enstar Group's Downside Deviation of 1.56, coefficient of variation of 1514.92, and Mean Deviation of 1.32 to check if the risk estimate we provide is consistent with the expected return of 0.12%. Enstar Group has a performance score of 5 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 1.31, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Enstar Group will likely underperform. Enstar Group Limited right now shows a risk of 1.7%. Please confirm Enstar Group Limited value at risk, as well as the relationship between the skewness and day typical price , to decide if Enstar Group Limited will be following its price patterns.
Auto-correlation | -0.51 |
Good reverse predictability
Enstar Group Limited has good reverse predictability. Overlapping area represents the amount of predictability between Enstar Group time series from 26th of March 2024 to 10th of April 2024 and 10th of April 2024 to 25th of April 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 Group Limited price movement. The serial correlation of -0.51 indicates that about 51.0% of current Enstar Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.51 | |
| Spearman Rank Test | -0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 21.18 |
Enstar Group Limited lagged returns against current returns
Autocorrelation, which is Enstar Group stock'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 Group's stock expected returns. We can calculate the autocorrelation of Enstar Group returns to help us make a trade decision. For example, suppose you find that Enstar Group has exhibited high autocorrelation historically, and you observe that the stock 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 Group 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 Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Enstar Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Enstar Group stock over time.
Current vs Lagged Prices |
| Timeline |
Enstar Group Lagged Returns
When evaluating Enstar Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Enstar Group stock have on its future price. Enstar Group 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 Group autocorrelation shows the relationship between Enstar Group stock current value and its past values and can show if there is a momentum factor associated with investing in Enstar Group Limited.
Regressed Prices |
| Timeline |
Pair Trading with Enstar Group
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Enstar Group position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Enstar Group will appreciate offsetting losses from the drop in the long position's value.Moving together with Enstar Stock
| 0.61 | FIHL | Fidelis Insurance Report 28th of June 2024 | PairCorr |
| 0.72 | AIG | American International Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Enstar Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Enstar Group when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Enstar Group - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Enstar Group Limited to buy it.
The correlation of Enstar Group is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Enstar Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Enstar Group Limited moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Enstar Group can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Enstar Group Correlation, Enstar Group Volatility and Enstar Group Alpha and Beta module to complement your research on Enstar Group. Note that the Enstar Group Limited information on this page should be used as a complementary analysis to other Enstar Group's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Complementary Tools for Enstar Stock analysis
When running Enstar Group's price analysis, check to measure Enstar Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Enstar Group is operating at the current time. Most of Enstar Group's value examination focuses on studying past and present price action to predict the probability of Enstar Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enstar Group's price. Additionally, you may evaluate how the addition of Enstar Group to your portfolios can decrease your overall portfolio volatility.
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| AI Investment Finder Use AI to screen and filter profitable investment opportunities | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals |
Enstar Group 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.