Aon PLC (Germany) Market Value
| 4VK Stock | EUR 342.50 3.00 0.88% |
| Symbol | Aon |
Aon 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 Aon 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 Aon PLC.
| 11/26/2024 |
| 12/26/2024 |
If you would invest 0.00 in Aon PLC on November 26, 2024 and sell it all today you would earn a total of 0.00 from holding Aon PLC or generate 0.0% return on investment in Aon PLC over 30 days. Aon PLC is related to or competes with Marsh McLennan, Arthur J, Willis Towers, Steadfast Group, CRAWFORD A, and KOWORLD AG. Aon plc, a professional services firm, provides advice and solutions to clients focused on risk, retirement, and health ... More
Aon 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 Aon 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 Aon PLC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.06 | |||
| Information Ratio | 0.0937 | |||
| Maximum Drawdown | 8.35 | |||
| Value At Risk | (1.41) | |||
| Potential Upside | 2.19 |
Aon PLC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aon PLC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aon PLC's standard deviation. In reality, there are many statistical measures that can use Aon PLC historical prices to predict the future Aon PLC's volatility.| Risk Adjusted Performance | 0.1065 | |||
| Jensen Alpha | 0.1365 | |||
| Total Risk Alpha | 0.0994 | |||
| Sortino Ratio | 0.1142 | |||
| Treynor Ratio | 0.2878 |
Aon PLC Backtested Returns
At this point, Aon PLC is very steady. Aon PLC secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Aon PLC, which you can use to evaluate the volatility of the firm. Please confirm Aon PLC's Downside Deviation of 1.06, mean deviation of 0.9182, and Risk Adjusted Performance of 0.1065 to double-check if the risk estimate we provide is consistent with the expected return of 0.17%. Aon PLC has a performance score of 10 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.54, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Aon PLC's returns are expected to increase less than the market. However, during the bear market, the loss of holding Aon PLC is expected to be smaller as well. Aon PLC right now shows a risk of 1.3%. Please confirm Aon PLC downside deviation, information ratio, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Aon PLC will be following its price patterns.
Auto-correlation | 0.28 |
Poor predictability
Aon PLC has poor predictability. Overlapping area represents the amount of predictability between Aon PLC time series from 26th of November 2024 to 11th of December 2024 and 11th of December 2024 to 26th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Aon PLC price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current Aon PLC price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.28 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 3.43 |
Aon PLC lagged returns against current returns
Autocorrelation, which is Aon 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 Aon PLC's stock expected returns. We can calculate the autocorrelation of Aon PLC returns to help us make a trade decision. For example, suppose you find that Aon 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 |
Aon 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 Aon PLC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aon PLC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aon PLC stock over time.
Current vs Lagged Prices |
| Timeline |
Aon PLC Lagged Returns
When evaluating Aon PLC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aon PLC stock have on its future price. Aon 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, Aon PLC autocorrelation shows the relationship between Aon PLC stock current value and its past values and can show if there is a momentum factor associated with investing in Aon PLC.
Regressed Prices |
| Timeline |
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Additional Information and Resources on Investing in Aon Stock
When determining whether Aon PLC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Aon PLC's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Aon Plc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Aon Plc Stock:Check out Aon PLC Correlation, Aon PLC Volatility and Aon PLC Alpha and Beta module to complement your research on Aon PLC. For more detail on how to invest in Aon Stock please use our How to Invest in Aon PLC guide.You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Aon PLC technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.