ENSTAR GROUP (Germany) Market Value
| 48R Stock | EUR 304.00 2.00 0.66% |
| Symbol | ENSTAR |
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.
| 01/02/2023 |
| 12/22/2024 |
If you would invest 0.00 in ENSTAR GROUP on January 2, 2023 and sell it all today you would earn a total of 0.00 from holding ENSTAR GROUP LTD or generate 0.0% return on investment in ENSTAR GROUP over 720 days. ENSTAR GROUP is related to or competes with Allianz SE, ALLIANZ SE, AXA SA, ASSGENERALI ADR, Principal Financial, Equitable Holdings, and NN Group. 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 LTD upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.04 | |||
| Information Ratio | 0.0929 | |||
| Maximum Drawdown | 3.99 | |||
| Value At Risk | (0.68) | |||
| Potential Upside | 1.34 |
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 | 0.1097 | |||
| Jensen Alpha | 0.078 | |||
| Total Risk Alpha | 0.0659 | |||
| Sortino Ratio | 0.0602 | |||
| Treynor Ratio | 0.2781 |
ENSTAR GROUP LTD Backtested Returns
At this point, ENSTAR GROUP is very steady. ENSTAR GROUP LTD secures Sharpe Ratio (or Efficiency) of 0.14, which denotes the company had a 0.14% return per unit of volatility over the last 3 months. We have found twenty-seven technical indicators for ENSTAR GROUP LTD, which you can use to evaluate the volatility of the firm. Please confirm ENSTAR GROUP's Market Risk Adjusted Performance of 0.2881, mean deviation of 0.4875, and Downside Deviation of 1.04 to check if the risk estimate we provide is consistent with the expected return of 0.0948%. ENSTAR GROUP has a performance score of 11 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.3, which means possible diversification benefits within a given portfolio. As returns on the market increase, ENSTAR GROUP's returns are expected to increase less than the market. However, during the bear market, the loss of holding ENSTAR GROUP is expected to be smaller as well. ENSTAR GROUP LTD currently shows a risk of 0.67%. Please confirm ENSTAR GROUP LTD information ratio, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to decide if ENSTAR GROUP LTD will be following its price patterns.
Auto-correlation | 0.52 |
Modest predictability
ENSTAR GROUP LTD has modest predictability. Overlapping area represents the amount of predictability between ENSTAR GROUP time series from 2nd of January 2023 to 28th of December 2023 and 28th of December 2023 to 22nd 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 ENSTAR GROUP LTD price movement. The serial correlation of 0.52 indicates that about 52.0% of current ENSTAR GROUP price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.52 | |
| Spearman Rank Test | 0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 268.82 |
ENSTAR GROUP LTD 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 LTD.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in ENSTAR Stock
ENSTAR GROUP financial ratios help investors to determine whether ENSTAR 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 ENSTAR with respect to the benefits of owning ENSTAR GROUP security.