Edp Renovaveis Stock Market Value
| EDRVF Stock | USD 11.77 0.49 4.00% |
| Symbol | EDP |
EDP Renovaveis '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 EDP Renovaveis' pink sheet 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 EDP Renovaveis.
| 04/23/2025 |
| 07/22/2025 |
If you would invest 0.00 in EDP Renovaveis on April 23, 2025 and sell it all today you would earn a total of 0.00 from holding EDP Renovaveis or generate 0.0% return on investment in EDP Renovaveis over 90 days. EDP Renovaveis is related to or competes with Mass Megawat. EDP Renovveis, S.A., a renewable energy company, plans, constructs, operates, and maintains electric power generation pl... More
EDP Renovaveis 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 EDP Renovaveis' pink sheet 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 EDP Renovaveis upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.2203 | |||
| Maximum Drawdown | 13.32 | |||
| Value At Risk | (0.30) | |||
| Potential Upside | 6.65 |
EDP Renovaveis Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for EDP Renovaveis' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as EDP Renovaveis' standard deviation. In reality, there are many statistical measures that can use EDP Renovaveis historical prices to predict the future EDP Renovaveis' volatility.| Risk Adjusted Performance | 0.2724 | |||
| Jensen Alpha | 0.6424 | |||
| Total Risk Alpha | 0.3011 | |||
| Treynor Ratio | (4.86) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of EDP Renovaveis' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
EDP Renovaveis Backtested Returns
EDP Renovaveis appears to be not too volatile, given 3 months investment horizon. EDP Renovaveis secures Sharpe Ratio (or Efficiency) of 0.25, which denotes the company had a 0.25 % return per unit of risk over the last 3 months. We have found twenty-one technical indicators for EDP Renovaveis, which you can use to evaluate the volatility of the firm. Please utilize EDP Renovaveis' Standard Deviation of 2.22, mean deviation of 1.3, and Coefficient Of Variation of 349.62 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, EDP Renovaveis holds a performance score of 19. The firm shows a Beta (market volatility) of -0.13, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning EDP Renovaveis are expected to decrease at a much lower rate. During the bear market, EDP Renovaveis is likely to outperform the market. Please check EDP Renovaveis' information ratio, skewness, as well as the relationship between the Skewness and day typical price , to make a quick decision on whether EDP Renovaveis' price patterns will revert.
Auto-correlation | 0.81 |
Very good predictability
EDP Renovaveis has very good predictability. Overlapping area represents the amount of predictability between EDP Renovaveis time series from 23rd of April 2025 to 7th of June 2025 and 7th of June 2025 to 22nd 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 EDP Renovaveis price movement. The serial correlation of 0.81 indicates that around 81.0% of current EDP Renovaveis price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.81 | |
| Spearman Rank Test | 0.91 | |
| Residual Average | 0.0 | |
| Price Variance | 0.53 |
EDP Renovaveis lagged returns against current returns
Autocorrelation, which is EDP Renovaveis pink sheet'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 EDP Renovaveis' pink sheet expected returns. We can calculate the autocorrelation of EDP Renovaveis returns to help us make a trade decision. For example, suppose you find that EDP Renovaveis has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
EDP Renovaveis 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 EDP Renovaveis pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if EDP Renovaveis pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in EDP Renovaveis pink sheet over time.
Current vs Lagged Prices |
| Timeline |
EDP Renovaveis Lagged Returns
When evaluating EDP Renovaveis' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of EDP Renovaveis pink sheet have on its future price. EDP Renovaveis 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, EDP Renovaveis autocorrelation shows the relationship between EDP Renovaveis pink sheet current value and its past values and can show if there is a momentum factor associated with investing in EDP Renovaveis.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in EDP Pink Sheet
EDP Renovaveis financial ratios help investors to determine whether EDP Pink Sheet 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 EDP with respect to the benefits of owning EDP Renovaveis security.