Eni Spa Adr Stock Alpha and Beta Analysis
| E Stock | USD 32.59 0.71 2.13% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Eni SpA ADR. It also helps investors analyze the systematic and unsystematic risks associated with investing in Eni SPA over a specified time horizon. Remember, high Eni SPA's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Eni SPA's market risk premium analysis include:
Beta 0.62 | Alpha 0.0363 | Risk 1.18 | Sharpe Ratio 0.039 | Expected Return 0.0459 |
Eni SPA Quarterly Cash And Equivalents |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Eni |
Eni SPA Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Eni SPA market risk premium is the additional return an investor will receive from holding Eni SPA long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Eni SPA. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Eni SPA's performance over market.| α | 0.04 | β | 0.62 |
Eni SPA expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Eni SPA's Buy-and-hold return. Our buy-and-hold chart shows how Eni SPA performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Eni SPA Market Price Analysis
Market price analysis indicators help investors to evaluate how Eni SPA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Eni SPA shares will generate the highest return on investment. By understating and applying Eni SPA stock market price indicators, traders can identify Eni SPA position entry and exit signals to maximize returns.
Eni SPA Return and Market Media
The median price of Eni SPA for the period between Fri, Jan 26, 2024 and Thu, Apr 25, 2024 is 31.39 with a coefficient of variation of 3.25. The daily time series for the period is distributed with a sample standard deviation of 1.02, arithmetic mean of 31.49, and mean deviation of 0.83. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Eni completes 4.9B deal for Neptune Energy | 02/01/2024 |
2 | Eni Drills New Well Offshore Cyprus As It Looks To Fast-Track Gas Discovery | 02/15/2024 |
3 | Eni says European oil refining not profitable in long term | 02/16/2024 |
4 | Oil Majors Dive Into Deepwater Projects Despite Tight Budgets | 02/29/2024 |
5 | Here are 3 Integrated Majors Leading the Energy Transition Race - Yahoo Finance UK | 03/08/2024 |
6 | HSBC cuts Eni SpA stock price target to EUR15.30 to reflect lower buybacks | 03/19/2024 |
| Eni SPA dividend paid on 8th of April 2024 | 04/08/2024 |
7 | Eni aims to sell stakes in biofuel, bioplastic units by year-end - Reuters | 04/15/2024 |
8 | Eni slides on Q1 earnings drop below consensus buyback plan hiked to 1.6B | 04/24/2024 |
About Eni SPA Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Eni or other stocks. Alpha measures the amount that position in Eni SpA ADR has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0271 | 0.0322 | 0.03 | 0.0379 | Price To Sales Ratio | 1.14 | 0.7 | 1.08 | 1.07 |
Eni SPA Upcoming Company Events
As portrayed in its financial statements, the presentation of Eni SPA's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Eni SPA's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Eni SPA's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Eni SPA. Please utilize our Beneish M Score to check the likelihood of Eni SPA's management manipulating its earnings.
| 22nd of February 2024 Upcoming Quarterly Report | View | |
| 26th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 22nd of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Eni SPA
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Eni SPA Backtesting, Eni SPA Valuation, Eni SPA Correlation, Eni SPA Hype Analysis, Eni SPA Volatility, Eni SPA History and analyze Eni SPA Performance. Note that the Eni SpA ADR information on this page should be used as a complementary analysis to other Eni SPA'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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Complementary Tools for Eni Stock analysis
When running Eni SPA's price analysis, check to measure Eni SPA'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 Eni SPA is operating at the current time. Most of Eni SPA's value examination focuses on studying past and present price action to predict the probability of Eni SPA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eni SPA's price. Additionally, you may evaluate how the addition of Eni SPA to your portfolios can decrease your overall portfolio volatility.
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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.