POLENERGIA (Germany) Market Value
| 06Y Stock | EUR 16.30 0.05 0.31% |
| Symbol | POLENERGIA |
POLENERGIA '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 POLENERGIA'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 POLENERGIA.
| 12/29/2022 |
| 12/18/2024 |
If you would invest 0.00 in POLENERGIA on December 29, 2022 and sell it all today you would earn a total of 0.00 from holding POLENERGIA SA ZY or generate 0.0% return on investment in POLENERGIA over 720 days. POLENERGIA is related to or competes with CN YANGTPWR, SIEMENS ENERGY, Siemens Energy, Vistra Corp, CENTRICA ADR, Datang International, and Contact Energy. Polenergia S.A., together with its subsidiaries, generates, distributes, and trades in electricity in Poland More
POLENERGIA 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 POLENERGIA'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 POLENERGIA SA ZY upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.25 | |||
| Information Ratio | 0.0113 | |||
| Maximum Drawdown | 10.61 | |||
| Value At Risk | (2.89) | |||
| Potential Upside | 2.8 |
POLENERGIA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for POLENERGIA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as POLENERGIA's standard deviation. In reality, there are many statistical measures that can use POLENERGIA historical prices to predict the future POLENERGIA's volatility.| Risk Adjusted Performance | 0.0403 | |||
| Jensen Alpha | 0.042 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.0095 | |||
| Treynor Ratio | 0.1231 |
POLENERGIA SA ZY Backtested Returns
At this point, POLENERGIA is not too volatile. POLENERGIA SA ZY maintains Sharpe Ratio (i.e., Efficiency) of 0.0398, which implies the firm had a 0.0398% return per unit of volatility over the last 3 months. We have found twenty-seven technical indicators for POLENERGIA SA ZY, which you can use to evaluate the volatility of the company. Please check POLENERGIA's semi deviation of 1.95, and Risk Adjusted Performance of 0.0403 to confirm if the risk estimate we provide is consistent with the expected return of 0.0756%. POLENERGIA has a performance score of 3 on a scale of 0 to 100. The company holds a Beta of 0.64, which implies possible diversification benefits within a given portfolio. As returns on the market increase, POLENERGIA's returns are expected to increase less than the market. However, during the bear market, the loss of holding POLENERGIA is expected to be smaller as well. POLENERGIA SA ZY currently holds a risk of 1.9%. Please check POLENERGIA SA ZY coefficient of variation, jensen alpha, and the relationship between the downside deviation and information ratio , to decide if POLENERGIA SA ZY will be following its historical price patterns.
Auto-correlation | -0.24 |
Weak reverse predictability
POLENERGIA SA ZY has weak reverse predictability. Overlapping area represents the amount of predictability between POLENERGIA time series from 29th of December 2022 to 24th of December 2023 and 24th of December 2023 to 18th of December 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 POLENERGIA SA ZY price movement. The serial correlation of -0.24 indicates that over 24.0% of current POLENERGIA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.24 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.72 |
POLENERGIA SA ZY lagged returns against current returns
Autocorrelation, which is POLENERGIA 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 POLENERGIA's stock expected returns. We can calculate the autocorrelation of POLENERGIA returns to help us make a trade decision. For example, suppose you find that POLENERGIA 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 |
POLENERGIA 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 POLENERGIA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if POLENERGIA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in POLENERGIA stock over time.
Current vs Lagged Prices |
| Timeline |
POLENERGIA Lagged Returns
When evaluating POLENERGIA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of POLENERGIA stock have on its future price. POLENERGIA 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, POLENERGIA autocorrelation shows the relationship between POLENERGIA stock current value and its past values and can show if there is a momentum factor associated with investing in POLENERGIA SA ZY.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in POLENERGIA Stock
POLENERGIA financial ratios help investors to determine whether POLENERGIA Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in POLENERGIA with respect to the benefits of owning POLENERGIA security.