Eneos Holdings Adr Stock Market Value
| JXHLY Stock | USD 9.12 0.53 5.49% |
| Symbol | Eneos |
Eneos Holdings '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 Eneos Holdings' pink sheet 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 Eneos Holdings.
| 01/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in Eneos Holdings on January 25, 2024 and sell it all today you would earn a total of 0.00 from holding Eneos Holdings ADR or generate 0.0% return on investment in Eneos Holdings over 90 days. Eneos Holdings is related to or competes with CVR Energy, Valero Energy, Phillips, Marathon Petroleum, and Sunoco LP. ENEOS Holdings, Inc., through its subsidiaries, engages in the energy, oil and natural gas exploration and production , ... More
Eneos Holdings 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 Eneos Holdings' pink sheet 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 Eneos Holdings ADR upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.52 | |||
| Information Ratio | 0.095 | |||
| Maximum Drawdown | 10.12 | |||
| Value At Risk | (1.53) | |||
| Potential Upside | 2.72 |
Eneos Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Eneos Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Eneos Holdings' standard deviation. In reality, there are many statistical measures that can use Eneos Holdings historical prices to predict the future Eneos Holdings' volatility.| Risk Adjusted Performance | 0.1013 | |||
| Jensen Alpha | 0.238 | |||
| Total Risk Alpha | 0.0292 | |||
| Sortino Ratio | 0.0559 | |||
| Treynor Ratio | (0.98) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Eneos Holdings' 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.
Eneos Holdings ADR Backtested Returns
Eneos Holdings appears to be not too volatile, given 3 months investment horizon. Eneos Holdings ADR secures Sharpe Ratio (or Efficiency) of 0.12, which denotes the company had a 0.12% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Eneos Holdings ADR, which you can use to evaluate the volatility of the firm. Please utilize Eneos Holdings' Mean Deviation of 0.7826, downside deviation of 2.52, and Coefficient Of Variation of 644.81 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Eneos Holdings holds a performance score of 9. The firm shows a Beta (market volatility) of -0.22, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Eneos Holdings are expected to decrease at a much lower rate. During the bear market, Eneos Holdings is likely to outperform the market. Please check Eneos Holdings' total risk alpha, as well as the relationship between the downside variance and daily balance of power , to make a quick decision on whether Eneos Holdings' price patterns will revert.
Auto-correlation | 0.10 |
Insignificant predictability
Eneos Holdings ADR has insignificant predictability. Overlapping area represents the amount of predictability between Eneos Holdings time series from 25th of January 2024 to 10th of March 2024 and 10th of March 2024 to 24th 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 Eneos Holdings ADR price movement. The serial correlation of 0.1 indicates that less than 10.0% of current Eneos Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.1 | |
| Spearman Rank Test | 0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Eneos Holdings ADR lagged returns against current returns
Autocorrelation, which is Eneos Holdings pink sheet'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 Eneos Holdings' pink sheet expected returns. We can calculate the autocorrelation of Eneos Holdings returns to help us make a trade decision. For example, suppose you find that Eneos Holdings has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Eneos Holdings 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 Eneos Holdings pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Eneos Holdings pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Eneos Holdings pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Eneos Holdings Lagged Returns
When evaluating Eneos Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Eneos Holdings pink sheet have on its future price. Eneos Holdings 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, Eneos Holdings autocorrelation shows the relationship between Eneos Holdings pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Eneos Holdings ADR.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Eneos Holdings in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Eneos Holdings' short interest history, or implied volatility extrapolated from Eneos Holdings options trading.
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Complementary Tools for Eneos Pink Sheet analysis
When running Eneos Holdings' price analysis, check to measure Eneos Holdings' 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 Eneos Holdings is operating at the current time. Most of Eneos Holdings' value examination focuses on studying past and present price action to predict the probability of Eneos Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eneos Holdings' price. Additionally, you may evaluate how the addition of Eneos Holdings to your portfolios can decrease your overall portfolio volatility.
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Eneos Holdings technical pink sheet 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, pink sheet market cycles, or different charting patterns.