Enersys Stock Market Value
| ENS Stock | USD 96.66 0.40 0.42% |
| Symbol | Enersys |
Enersys Price To Book Ratio
Is Electrical Components & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Enersys. If investors know Enersys will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Enersys listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.288 | Dividend Share 0.915 | Earnings Share 7.05 | Revenue Per Share 87.076 | Quarterly Revenue Growth (0.02) |
The market value of Enersys is measured differently than its book value, which is the value of Enersys that is recorded on the company's balance sheet. Investors also form their own opinion of Enersys' value that differs from its market value or its book value, called intrinsic value, which is Enersys' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Enersys' market value can be influenced by many factors that don't directly affect Enersys' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Enersys' value and its price as these two are different measures arrived at by different means. Investors typically determine if Enersys is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enersys' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Enersys '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 Enersys' 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 Enersys.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Enersys on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Enersys or generate 0.0% return on investment in Enersys over 30 days. Enersys is related to or competes with Advanced Energy, Hubbell, Acuity Brands, Kimball Electronics, NVent Electric, Hayward Holdings, and Espey Mfg. EnerSys provides various stored energy solutions for industrial applications worldwide More
Enersys 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 Enersys' 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 Enersys upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 8.9 | |||
| Value At Risk | (2.35) | |||
| Potential Upside | 2.21 |
Enersys Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Enersys' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Enersys' standard deviation. In reality, there are many statistical measures that can use Enersys historical prices to predict the future Enersys' volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | (0.02) |
Enersys Backtested Returns
Enersys secures Sharpe Ratio (or Efficiency) of -0.0089, which denotes the company had a -0.0089% return per unit of risk over the last 3 months. Enersys exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Enersys' Standard Deviation of 1.58, mean deviation of 1.21, and Variance of 2.51 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.31, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Enersys will likely underperform. At this point, Enersys has a negative expected return of -0.0137%. Please make sure to confirm Enersys' treynor ratio, as well as the relationship between the kurtosis and day typical price , to decide if Enersys performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.37 |
Poor reverse predictability
Enersys has poor reverse predictability. Overlapping area represents the amount of predictability between Enersys time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 Enersys price movement. The serial correlation of -0.37 indicates that just about 37.0% of current Enersys price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.37 | |
| Spearman Rank Test | 0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 1.99 |
Enersys lagged returns against current returns
Autocorrelation, which is Enersys 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 Enersys' stock expected returns. We can calculate the autocorrelation of Enersys returns to help us make a trade decision. For example, suppose you find that Enersys 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 |
Enersys 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 Enersys stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Enersys stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Enersys stock over time.
Current vs Lagged Prices |
| Timeline |
Enersys Lagged Returns
When evaluating Enersys' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Enersys stock have on its future price. Enersys 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, Enersys autocorrelation shows the relationship between Enersys stock current value and its past values and can show if there is a momentum factor associated with investing in Enersys.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Enersys Stock Analysis
When running Enersys' price analysis, check to measure Enersys' 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 Enersys is operating at the current time. Most of Enersys' value examination focuses on studying past and present price action to predict the probability of Enersys' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enersys' price. Additionally, you may evaluate how the addition of Enersys to your portfolios can decrease your overall portfolio volatility.