Enernorth Industries Stock Market Value
| ENYNF Stock | USD 0.0001 0.00 0.00% |
| Symbol | EnerNorth |
EnerNorth Industries '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 EnerNorth Industries' otc 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 EnerNorth Industries.
| 04/28/2025 |
| 10/25/2025 |
If you would invest 0.00 in EnerNorth Industries on April 28, 2025 and sell it all today you would earn a total of 0.00 from holding EnerNorth Industries or generate 0.0% return on investment in EnerNorth Industries over 180 days. EnerNorth Industries Inc. explores, develops, and produces oil and gas in Canada More
EnerNorth Industries 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 EnerNorth Industries' otc 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 EnerNorth Industries upside and downside potential and time the market with a certain degree of confidence.
EnerNorth Industries Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for EnerNorth Industries' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as EnerNorth Industries' standard deviation. In reality, there are many statistical measures that can use EnerNorth Industries historical prices to predict the future EnerNorth Industries' volatility.EnerNorth Industries Backtested Returns
We have found three technical indicators for EnerNorth Industries, 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 EnerNorth Industries are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
EnerNorth Industries has no correlation between past and present. Overlapping area represents the amount of predictability between EnerNorth Industries time series from 28th of April 2025 to 27th of July 2025 and 27th of July 2025 to 25th of October 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 EnerNorth Industries price movement. The serial correlation of 0.0 indicates that just 0.0% of current EnerNorth Industries 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 |
EnerNorth Industries lagged returns against current returns
Autocorrelation, which is EnerNorth Industries otc 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 EnerNorth Industries' otc stock expected returns. We can calculate the autocorrelation of EnerNorth Industries returns to help us make a trade decision. For example, suppose you find that EnerNorth Industries has exhibited high autocorrelation historically, and you observe that the otc 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 |
EnerNorth Industries 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 EnerNorth Industries otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if EnerNorth Industries otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in EnerNorth Industries otc stock over time.
Current vs Lagged Prices |
| Timeline |
EnerNorth Industries Lagged Returns
When evaluating EnerNorth Industries' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of EnerNorth Industries otc stock have on its future price. EnerNorth Industries 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, EnerNorth Industries autocorrelation shows the relationship between EnerNorth Industries otc stock current value and its past values and can show if there is a momentum factor associated with investing in EnerNorth Industries.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
| VOO | Vanguard SP 500 | |
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| XLC | Communication Services Select |
Other Information on Investing in EnerNorth OTC Stock
EnerNorth Industries financial ratios help investors to determine whether EnerNorth OTC 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 EnerNorth with respect to the benefits of owning EnerNorth Industries security.