Eurotech SpA's market value is the price at which a share of Eurotech SpA trades on a public exchange. It measures the collective expectations of Eurotech SpA investors about its performance. Eurotech SpA is trading at 0.89 as of the 23rd of July 2025. This is a 1.14% up since the beginning of the trading day. The stock's lowest day price was 0.89. With this module, you can estimate the performance of a buy and hold strategy of Eurotech SpA and determine expected loss or profit from investing in Eurotech SpA over a given investment horizon. Check out Eurotech SpA Correlation, Eurotech SpA Volatility and Eurotech SpA Alpha and Beta module to complement your research on Eurotech SpA.
Please note, there is a significant difference between Eurotech SpA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eurotech SpA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eurotech SpA'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.
Eurotech SpA '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 Eurotech SpA'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 Eurotech SpA.
0.00
04/24/2025
No Change 0.00
0.0
In 3 months and 1 day
07/23/2025
0.00
If you would invest 0.00 in Eurotech SpA on April 24, 2025 and sell it all today you would earn a total of 0.00 from holding Eurotech SpA or generate 0.0% return on investment in Eurotech SpA over 90 days. Eurotech SpA is related to or competes with Martin Marietta, GOODYEAR T, Sun Art, IBU-tec Advanced, National Retail, and Costco Wholesale. Eurotech S.p.A. engages in the research and development, production, and marketing of miniaturized computers and high-pe... More
Eurotech SpA 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 Eurotech SpA'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 Eurotech SpA upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Eurotech SpA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Eurotech SpA's standard deviation. In reality, there are many statistical measures that can use Eurotech SpA historical prices to predict the future Eurotech SpA's volatility.
Eurotech SpA appears to be dangerous, given 3 months investment horizon. Eurotech SpA secures Sharpe Ratio (or Efficiency) of 0.18, which denotes the company had a 0.18 % return per unit of risk over the last 3 months. By reviewing Eurotech SpA's technical indicators, you can evaluate if the expected return of 0.51% is justified by implied risk. Please utilize Eurotech SpA's Downside Deviation of 2.83, mean deviation of 1.82, and Coefficient Of Variation of 556.15 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Eurotech SpA holds a performance score of 14. 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, Eurotech SpA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Eurotech SpA is expected to be smaller as well. Please check Eurotech SpA's jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether Eurotech SpA's price patterns will revert.
Auto-correlation
0.83
Very good predictability
Eurotech SpA has very good predictability. Overlapping area represents the amount of predictability between Eurotech SpA time series from 24th of April 2025 to 8th of June 2025 and 8th of June 2025 to 23rd 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 Eurotech SpA price movement. The serial correlation of 0.83 indicates that around 83.0% of current Eurotech SpA price fluctuation can be explain by its past prices.
Correlation Coefficient
0.83
Spearman Rank Test
0.8
Residual Average
0.0
Price Variance
0.0
Eurotech SpA lagged returns against current returns
Autocorrelation, which is Eurotech SpA 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 Eurotech SpA's stock expected returns. We can calculate the autocorrelation of Eurotech SpA returns to help us make a trade decision. For example, suppose you find that Eurotech SpA 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
Eurotech SpA 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 Eurotech SpA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Eurotech SpA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Eurotech SpA stock over time.
Current vs Lagged Prices
Timeline
Eurotech SpA Lagged Returns
When evaluating Eurotech SpA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Eurotech SpA stock have on its future price. Eurotech SpA 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, Eurotech SpA autocorrelation shows the relationship between Eurotech SpA stock current value and its past values and can show if there is a momentum factor associated with investing in Eurotech SpA.
Eurotech SpA financial ratios help investors to determine whether Eurotech 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 Eurotech with respect to the benefits of owning Eurotech SpA security.