ENGIE ADR/1 (Germany) Market Value
| GZFB Stock | EUR 19.20 0.10 0.52% |
| Symbol | ENGIE |
ENGIE ADR/1 '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 ENGIE ADR/1'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 ENGIE ADR/1.
| 04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in ENGIE ADR/1 on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding ENGIE ADR1 EO or generate 0.0% return on investment in ENGIE ADR/1 over 90 days. ENGIE ADR/1 is related to or competes with AIR PRODCHEMICALS, FUYO GENERAL, Molson Coors, Texas Roadhouse, Thai Beverage, TV BROADCAST, and Transportadora. ENGIE SA engages in power, natural gas, and energy services businesses More
ENGIE ADR/1 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 ENGIE ADR/1'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 ENGIE ADR1 EO upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.58 | |||
| Information Ratio | 0.061 | |||
| Maximum Drawdown | 7.59 | |||
| Value At Risk | (1.65) | |||
| Potential Upside | 2.35 |
ENGIE ADR/1 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ENGIE ADR/1's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ENGIE ADR/1's standard deviation. In reality, there are many statistical measures that can use ENGIE ADR/1 historical prices to predict the future ENGIE ADR/1's volatility.| Risk Adjusted Performance | 0.1536 | |||
| Jensen Alpha | 0.233 | |||
| Total Risk Alpha | 0.0193 | |||
| Sortino Ratio | 0.0545 | |||
| Treynor Ratio | (1.76) |
ENGIE ADR1 EO Backtested Returns
ENGIE ADR/1 appears to be very steady, given 3 months investment horizon. ENGIE ADR1 EO secures Sharpe Ratio (or Efficiency) of 0.14, which denotes the company had a 0.14 % return per unit of return volatility over the last 3 months. We have found twenty-eight technical indicators for ENGIE ADR1 EO, which you can use to evaluate the volatility of the firm. Please utilize ENGIE ADR/1's mean deviation of 0.9751, and Downside Deviation of 1.58 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, ENGIE ADR/1 holds a performance score of 11. The firm shows a Beta (market volatility) of -0.12, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning ENGIE ADR/1 are expected to decrease at a much lower rate. During the bear market, ENGIE ADR/1 is likely to outperform the market. Please check ENGIE ADR/1's information ratio, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether ENGIE ADR/1's price patterns will revert.
Auto-correlation | 0.50 |
Modest predictability
ENGIE ADR1 EO has modest predictability. Overlapping area represents the amount of predictability between ENGIE ADR/1 time series from 21st of April 2025 to 5th of June 2025 and 5th of June 2025 to 20th 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 ENGIE ADR1 EO price movement. The serial correlation of 0.5 indicates that about 50.0% of current ENGIE ADR/1 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.5 | |
| Spearman Rank Test | 0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
ENGIE ADR1 EO lagged returns against current returns
Autocorrelation, which is ENGIE ADR/1 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 ENGIE ADR/1's stock expected returns. We can calculate the autocorrelation of ENGIE ADR/1 returns to help us make a trade decision. For example, suppose you find that ENGIE ADR/1 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 |
ENGIE ADR/1 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 ENGIE ADR/1 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ENGIE ADR/1 stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ENGIE ADR/1 stock over time.
Current vs Lagged Prices |
| Timeline |
ENGIE ADR/1 Lagged Returns
When evaluating ENGIE ADR/1's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ENGIE ADR/1 stock have on its future price. ENGIE ADR/1 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, ENGIE ADR/1 autocorrelation shows the relationship between ENGIE ADR/1 stock current value and its past values and can show if there is a momentum factor associated with investing in ENGIE ADR1 EO.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in ENGIE Stock
ENGIE ADR/1 financial ratios help investors to determine whether ENGIE 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 ENGIE with respect to the benefits of owning ENGIE ADR/1 security.