Aegean Airlines (Greece) Market Value
| AEGN Stock | EUR 11.76 0.39 3.43% |
| Symbol | Aegean |
Aegean Airlines '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 Aegean Airlines' 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 Aegean Airlines.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Aegean Airlines on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Aegean Airlines SA or generate 0.0% return on investment in Aegean Airlines over 90 days. Aegean Airlines is related to or competes with Mytilineos, Greek Organization, Motor Oil, Alpha Services, and Hellenic Petroleum. Aegean Airlines S.A., an airline company, provides public airline transportation services in Greece and internationally More
Aegean Airlines 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 Aegean Airlines' 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 Aegean Airlines SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.44 | |||
| Information Ratio | 0.2051 | |||
| Maximum Drawdown | 10.45 | |||
| Value At Risk | (1.67) | |||
| Potential Upside | 3.1 |
Aegean Airlines Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aegean Airlines' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aegean Airlines' standard deviation. In reality, there are many statistical measures that can use Aegean Airlines historical prices to predict the future Aegean Airlines' volatility.| Risk Adjusted Performance | 0.1297 | |||
| Jensen Alpha | 0.2441 | |||
| Total Risk Alpha | 0.4234 | |||
| Sortino Ratio | 0.2297 | |||
| Treynor Ratio | 1.07 |
Aegean Airlines SA Backtested Returns
Aegean Airlines appears to be not too volatile, given 3 months investment horizon. Aegean Airlines SA secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the company had a 0.14 % return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Aegean Airlines SA, which you can use to evaluate the volatility of the firm. Please makes use of Aegean Airlines' mean deviation of 1.19, and Risk Adjusted Performance of 0.1297 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Aegean Airlines holds a performance score of 10. The firm shows a Beta (market volatility) of 0.21, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Aegean Airlines' returns are expected to increase less than the market. However, during the bear market, the loss of holding Aegean Airlines is expected to be smaller as well. Please check Aegean Airlines' coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to make a quick decision on whether Aegean Airlines' price patterns will revert.
Auto-correlation | 0.39 |
Below average predictability
Aegean Airlines SA has below average predictability. Overlapping area represents the amount of predictability between Aegean Airlines time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th of March 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 Aegean Airlines SA price movement. The serial correlation of 0.39 indicates that just about 39.0% of current Aegean Airlines price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.39 | |
| Spearman Rank Test | 0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 0.09 |
Aegean Airlines SA lagged returns against current returns
Autocorrelation, which is Aegean Airlines 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 Aegean Airlines' stock expected returns. We can calculate the autocorrelation of Aegean Airlines returns to help us make a trade decision. For example, suppose you find that Aegean Airlines 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 |
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Aegean Airlines 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 Aegean Airlines stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aegean Airlines stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aegean Airlines stock over time.
Current vs Lagged Prices |
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Aegean Airlines Lagged Returns
When evaluating Aegean Airlines' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aegean Airlines stock have on its future price. Aegean Airlines 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, Aegean Airlines autocorrelation shows the relationship between Aegean Airlines stock current value and its past values and can show if there is a momentum factor associated with investing in Aegean Airlines SA.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Aegean Stock Analysis
When running Aegean Airlines' price analysis, check to measure Aegean Airlines' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Aegean Airlines is operating at the current time. Most of Aegean Airlines' value examination focuses on studying past and present price action to predict the probability of Aegean Airlines' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aegean Airlines' price. Additionally, you may evaluate how the addition of Aegean Airlines to your portfolios can decrease your overall portfolio volatility.