EVRAZ Plc (UK) Market Value
| EVR Stock | 81.00 0.00 0.00% |
| Symbol | EVRAZ |
EVRAZ Plc '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 EVRAZ Plc'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 EVRAZ Plc.
| 07/17/2024 |
| 07/12/2025 |
If you would invest 0.00 in EVRAZ Plc on July 17, 2024 and sell it all today you would earn a total of 0.00 from holding EVRAZ plc or generate 0.0% return on investment in EVRAZ Plc over 360 days. EVRAZ Plc is related to or competes with Zegona Communications, Concurrent Technologies, Infineon Technologies, Cairo Communication, Polar Capital, and Take Two. EVRAZ Plc is entity of United Kingdom. It is traded as Stock on LSE exchange. More
EVRAZ Plc 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 EVRAZ Plc'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 EVRAZ plc upside and downside potential and time the market with a certain degree of confidence.
EVRAZ Plc Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for EVRAZ Plc's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as EVRAZ Plc's standard deviation. In reality, there are many statistical measures that can use EVRAZ Plc historical prices to predict the future EVRAZ Plc's volatility.EVRAZ plc Backtested Returns
We have found three technical indicators for EVRAZ plc, which you can use to evaluate the volatility of the firm. The firm shows a Beta (market volatility) of 0.0, which means not very significant fluctuations relative to the market. the returns on MARKET and EVRAZ Plc are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
EVRAZ plc has no correlation between past and present. Overlapping area represents the amount of predictability between EVRAZ Plc time series from 17th of July 2024 to 13th of January 2025 and 13th of January 2025 to 12th 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 EVRAZ plc price movement. The serial correlation of 0.0 indicates that just 0.0% of current EVRAZ Plc price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
EVRAZ plc lagged returns against current returns
Autocorrelation, which is EVRAZ Plc 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 EVRAZ Plc's stock expected returns. We can calculate the autocorrelation of EVRAZ Plc returns to help us make a trade decision. For example, suppose you find that EVRAZ Plc 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 |
EVRAZ Plc 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 EVRAZ Plc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if EVRAZ Plc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in EVRAZ Plc stock over time.
Current vs Lagged Prices |
| Timeline |
EVRAZ Plc Lagged Returns
When evaluating EVRAZ Plc's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of EVRAZ Plc stock have on its future price. EVRAZ Plc 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, EVRAZ Plc autocorrelation shows the relationship between EVRAZ Plc stock current value and its past values and can show if there is a momentum factor associated with investing in EVRAZ plc.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Other Information on Investing in EVRAZ Stock
EVRAZ Plc financial ratios help investors to determine whether EVRAZ 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 EVRAZ with respect to the benefits of owning EVRAZ Plc security.