EIDESVIK OFFSHORE (Germany) Market Value
| E1V Stock | EUR 1.05 0.01 0.96% |
| Symbol | EIDESVIK |
Please note, there is a significant difference between EIDESVIK OFFSHORE's value and its price as these two are different measures arrived at by different means. Investors typically determine if EIDESVIK OFFSHORE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EIDESVIK OFFSHORE's 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.
EIDESVIK OFFSHORE '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 EIDESVIK OFFSHORE'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 EIDESVIK OFFSHORE.
| 04/20/2025 |
| 07/19/2025 |
If you would invest 0.00 in EIDESVIK OFFSHORE on April 20, 2025 and sell it all today you would earn a total of 0.00 from holding EIDESVIK OFFSHORE NK or generate 0.0% return on investment in EIDESVIK OFFSHORE over 90 days. EIDESVIK OFFSHORE is related to or competes with Gladstone Investment, Scottish Mortgage, QBE Insurance, HK Electric, Odyssean Investment, Hanover Insurance, and Singapore Reinsurance. More
EIDESVIK OFFSHORE 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 EIDESVIK OFFSHORE'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 EIDESVIK OFFSHORE NK upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.14 | |||
| Information Ratio | 0.0247 | |||
| Maximum Drawdown | 17.36 | |||
| Value At Risk | (5.50) | |||
| Potential Upside | 6.19 |
EIDESVIK OFFSHORE Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for EIDESVIK OFFSHORE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as EIDESVIK OFFSHORE's standard deviation. In reality, there are many statistical measures that can use EIDESVIK OFFSHORE historical prices to predict the future EIDESVIK OFFSHORE's volatility.| Risk Adjusted Performance | 0.0693 | |||
| Jensen Alpha | 0.242 | |||
| Total Risk Alpha | (0.26) | |||
| Sortino Ratio | 0.0202 | |||
| Treynor Ratio | (1.01) |
EIDESVIK OFFSHORE Backtested Returns
EIDESVIK OFFSHORE appears to be dangerous, given 3 months investment horizon. EIDESVIK OFFSHORE secures Sharpe Ratio (or Efficiency) of 0.0592, which denotes the company had a 0.0592 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for EIDESVIK OFFSHORE NK, which you can use to evaluate the volatility of the firm. Please utilize EIDESVIK OFFSHORE's Mean Deviation of 2.37, coefficient of variation of 1505.24, and Downside Deviation of 4.14 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, EIDESVIK OFFSHORE holds a performance score of 4. The firm shows a Beta (market volatility) of -0.21, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning EIDESVIK OFFSHORE are expected to decrease at a much lower rate. During the bear market, EIDESVIK OFFSHORE is likely to outperform the market. Please check EIDESVIK OFFSHORE's downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether EIDESVIK OFFSHORE's price patterns will revert.
Auto-correlation | -0.17 |
Insignificant reverse predictability
EIDESVIK OFFSHORE NK has insignificant reverse predictability. Overlapping area represents the amount of predictability between EIDESVIK OFFSHORE time series from 20th of April 2025 to 4th of June 2025 and 4th of June 2025 to 19th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of EIDESVIK OFFSHORE price movement. The serial correlation of -0.17 indicates that over 17.0% of current EIDESVIK OFFSHORE price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.17 | |
| Spearman Rank Test | -0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
EIDESVIK OFFSHORE lagged returns against current returns
Autocorrelation, which is EIDESVIK OFFSHORE 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 EIDESVIK OFFSHORE's stock expected returns. We can calculate the autocorrelation of EIDESVIK OFFSHORE returns to help us make a trade decision. For example, suppose you find that EIDESVIK OFFSHORE 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 |
EIDESVIK OFFSHORE 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 EIDESVIK OFFSHORE stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if EIDESVIK OFFSHORE stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in EIDESVIK OFFSHORE stock over time.
Current vs Lagged Prices |
| Timeline |
EIDESVIK OFFSHORE Lagged Returns
When evaluating EIDESVIK OFFSHORE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of EIDESVIK OFFSHORE stock have on its future price. EIDESVIK OFFSHORE 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, EIDESVIK OFFSHORE autocorrelation shows the relationship between EIDESVIK OFFSHORE stock current value and its past values and can show if there is a momentum factor associated with investing in EIDESVIK OFFSHORE NK.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in EIDESVIK Stock
EIDESVIK OFFSHORE financial ratios help investors to determine whether EIDESVIK 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 EIDESVIK with respect to the benefits of owning EIDESVIK OFFSHORE security.