Entergy (Germany) Market Value
| ETY Stock | EUR 69.50 1.00 1.42% |
| Symbol | Entergy |
Entergy '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 Entergy'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 Entergy.
| 10/27/2023 |
| 12/20/2024 |
If you would invest 0.00 in Entergy on October 27, 2023 and sell it all today you would earn a total of 0.00 from holding Entergy or generate 0.0% return on investment in Entergy over 420 days. Entergy is related to or competes with SIDETRADE, Canon Marketing, CANON MARKETING, MCEWEN MINING, RETAIL FOOD, Jacquet Metal, and ADRIATIC METALS. Entergy Corporation, together with its subsidiaries, engages in the production and distribution of electricity in the Un... More
Entergy 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 Entergy'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 Entergy upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.98 | |||
| Information Ratio | 0.1261 | |||
| Maximum Drawdown | 18.57 | |||
| Value At Risk | (2.37) | |||
| Potential Upside | 3.81 |
Entergy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Entergy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Entergy's standard deviation. In reality, there are many statistical measures that can use Entergy historical prices to predict the future Entergy's volatility.| Risk Adjusted Performance | 0.117 | |||
| Jensen Alpha | 0.3276 | |||
| Total Risk Alpha | 0.2641 | |||
| Sortino Ratio | 0.1568 | |||
| Treynor Ratio | 1.32 |
Entergy Backtested Returns
Entergy appears to be very steady, given 3 months investment horizon. Entergy secures Sharpe Ratio (or Efficiency) of 0.13, which denotes the company had a 0.13% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Entergy, which you can use to evaluate the volatility of the firm. Please utilize Entergy's Downside Deviation of 1.98, mean deviation of 1.75, and Coefficient Of Variation of 718.84 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Entergy holds a performance score of 10. The firm shows a Beta (market volatility) of 0.25, which means not very significant fluctuations relative to the market. As returns on the market increase, Entergy's returns are expected to increase less than the market. However, during the bear market, the loss of holding Entergy is expected to be smaller as well. Please check Entergy's sortino ratio, potential upside, skewness, as well as the relationship between the maximum drawdown and semi variance , to make a quick decision on whether Entergy's price patterns will revert.
Auto-correlation | 0.90 |
Excellent predictability
Entergy has excellent predictability. Overlapping area represents the amount of predictability between Entergy time series from 27th of October 2023 to 24th of May 2024 and 24th of May 2024 to 20th 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 Entergy price movement. The serial correlation of 0.9 indicates that approximately 90.0% of current Entergy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.9 | |
| Spearman Rank Test | 0.84 | |
| Residual Average | 0.0 | |
| Price Variance | 69.63 |
Entergy lagged returns against current returns
Autocorrelation, which is Entergy 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 Entergy's stock expected returns. We can calculate the autocorrelation of Entergy returns to help us make a trade decision. For example, suppose you find that Entergy 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 |
Entergy 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 Entergy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Entergy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Entergy stock over time.
Current vs Lagged Prices |
| Timeline |
Entergy Lagged Returns
When evaluating Entergy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Entergy stock have on its future price. Entergy 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, Entergy autocorrelation shows the relationship between Entergy stock current value and its past values and can show if there is a momentum factor associated with investing in Entergy.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Entergy Stock
When determining whether Entergy is a strong investment it is important to analyze Entergy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Entergy's future performance. For an informed investment choice regarding Entergy Stock, refer to the following important reports:Check out Entergy Correlation, Entergy Volatility and Entergy Alpha and Beta module to complement your research on Entergy. For more detail on how to invest in Entergy Stock please use our How to Invest in Entergy guide.You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Entergy 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.