Eni SPA Risk Analysis And Volatility

E -- USA Stock  

Fiscal Quarter End: December 31, 2019  

Macroaxis considers Eni SPA to be very steady. ENI SpA secures Sharpe Ratio (or Efficiency) of -0.0145 which denotes the organization had -0.0145% of return per unit of return volatility over the last 3 months. Macroaxis approach to 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. ENI SpA exposes twenty-eight different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm ENI SpA Mean Deviation of 0.7767 to check risk estimate we provide.
Interest Expense

90 Days Market Risk

Very steady

Chance of Distress in 24 months

Close to average

90 Days Economic Sensitivity

Follows market closely
Horizon     30 Days    Login   to change

Eni SPA Market Sensitivity

As returns on market increase, Eni SPA returns are expected to increase less than the market. However during bear market, the loss on holding Eni SPA will be expected to be smaller as well.
3 Months Beta |Analyze ENI SpA Demand Trend
Check current 30 days Eni SPA correlation with market (DOW)
β = 0.68

Eni SPA Central Daily Price Deviation

ENI SpA Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. The Median Price line plots median indexes of ENI SpA price series. View also all equity analysis or get more info about median price price transform indicator.

Eni SPA Projected Return Density Against Market

Taking into account the 30 trading days horizon, Eni SPA has beta of 0.68 suggesting as returns on market go up, Eni SPA average returns are expected to increase less than the benchmark. However during bear market, the loss on holding ENI SpA will be expected to be much smaller as well. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. ENI SpA is significantly underperforming DOW.
 Predicted Return Density 
      Returns 
Taking into account the 30 trading days horizon, the coefficient of variation of Eni SPA is -6900.31. The daily returns are destributed with a variance of 0.94 and standard deviation of 0.97. The mean deviation of ENI SpA is currently at 0.76. For similar time horizon, the selected benchmark (DOW) has volatility of 0.6
α
Alpha over DOW
=0.06
β
Beta against DOW=0.68
σ
Overall volatility
=0.97
Ir
Information ratio =0.08

Eni SPA Return Volatility

the firm accepts 0.9685% volatility on return distribution over the 30 days horizon. the entity inherits 0.6082% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Eni SPA Investment Opportunity

ENI SpA has a volatility of 0.97 and is 1.59 times more volatile than DOW. of all equities and portfolios are less risky than Eni SPA. Compared to the overall equity markets, volatility of historical daily returns of ENI SpA is lower than 8 () of all global equities and portfolios over the last 30 days. Use ENI SpA to enhance returns of your portfolios. The stock experiences moderate upward volatility. Check odds of Eni SPA to be traded at $33.34 in 30 days. . As returns on market increase, Eni SPA returns are expected to increase less than the market. However during bear market, the loss on holding Eni SPA will be expected to be smaller as well.

Eni SPA correlation with market

correlation synergy
Very weak diversification
Overlapping area represents the amount of risk that can be diversified away by holding ENI SpA and equity matching DJI index in the same portfolio.

Eni SPA Current Risk Indicators

Eni SPA Suggested Diversification Pairs

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