Esgl Holdings Limited Stock Market Value
| ESGLW Stock | 0.02 0 7.65% |
| Symbol | ESGL |
Is Environmental & Facilities Services 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 ESGL Holdings. If investors know ESGL 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 ESGL Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Assets (0.06) | Return On Equity (0.25) |
The market value of ESGL Holdings Limited is measured differently than its book value, which is the value of ESGL that is recorded on the company's balance sheet. Investors also form their own opinion of ESGL Holdings' value that differs from its market value or its book value, called intrinsic value, which is ESGL Holdings' 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 ESGL Holdings' market value can be influenced by many factors that don't directly affect ESGL Holdings' 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 ESGL Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if ESGL Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ESGL Holdings' 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.
ESGL Holdings '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 ESGL Holdings' 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 ESGL Holdings.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in ESGL Holdings on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding ESGL Holdings Limited or generate 0.0% return on investment in ESGL Holdings over 30 days. ESGL Holdings is related to or competes with East Africa, Stepan, Barrick Gold, Summit Materials, IPG Photonics, Eldorado Gold, and Lion One. ESGL Holdings is entity of United States More
ESGL Holdings 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 ESGL Holdings' 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 ESGL Holdings Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 15.81 | |||
| Information Ratio | 0.1298 | |||
| Maximum Drawdown | 141.04 | |||
| Value At Risk | (25.93) | |||
| Potential Upside | 35.45 |
ESGL Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ESGL Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ESGL Holdings' standard deviation. In reality, there are many statistical measures that can use ESGL Holdings historical prices to predict the future ESGL Holdings' volatility.| Risk Adjusted Performance | 0.1141 | |||
| Jensen Alpha | 1.99 | |||
| Total Risk Alpha | (0.62) | |||
| Sortino Ratio | 0.1655 | |||
| Treynor Ratio | 0.467 |
ESGL Holdings Limited Backtested Returns
ESGL Holdings is out of control given 3 months investment horizon. ESGL Holdings Limited secures Sharpe Ratio (or Efficiency) of 0.13, which denotes the company had a 0.13% return per unit of return volatility over the last 3 months. We were able to break down and interpolate twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.97% are justified by taking the suggested risk. Use ESGL Holdings mean deviation of 11.31, and Downside Deviation of 15.81 to evaluate company specific risk that cannot be diversified away. ESGL Holdings holds a performance score of 9 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 5.88, 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, ESGL Holdings will likely underperform. Use ESGL Holdings total risk alpha, as well as the relationship between the downside variance and rate of daily change , to analyze future returns on ESGL Holdings.
Auto-correlation | 0.18 |
Very weak predictability
ESGL Holdings Limited has very weak predictability. Overlapping area represents the amount of predictability between ESGL Holdings 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 ESGL Holdings Limited price movement. The serial correlation of 0.18 indicates that over 18.0% of current ESGL Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.18 | |
| Spearman Rank Test | 0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
ESGL Holdings Limited lagged returns against current returns
Autocorrelation, which is ESGL Holdings 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 ESGL Holdings' stock expected returns. We can calculate the autocorrelation of ESGL Holdings returns to help us make a trade decision. For example, suppose you find that ESGL Holdings 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 |
ESGL Holdings 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 ESGL Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ESGL Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ESGL Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
ESGL Holdings Lagged Returns
When evaluating ESGL Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ESGL Holdings stock have on its future price. ESGL Holdings 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, ESGL Holdings autocorrelation shows the relationship between ESGL Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in ESGL Holdings Limited.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for ESGL Stock Analysis
When running ESGL Holdings' price analysis, check to measure ESGL Holdings' 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 ESGL Holdings is operating at the current time. Most of ESGL Holdings' value examination focuses on studying past and present price action to predict the probability of ESGL Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ESGL Holdings' price. Additionally, you may evaluate how the addition of ESGL Holdings to your portfolios can decrease your overall portfolio volatility.