Eason Technology Limited Stock Market Value
| DXF Stock | USD 7.63 1.37 21.88% |
| Symbol | Eason |
Eason Technology Price To Book Ratio
Is Banking space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Eason Technology. If investors know Eason will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Eason Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Eason Technology is measured differently than its book value, which is the value of Eason that is recorded on the company's balance sheet. Investors also form their own opinion of Eason Technology's value that differs from its market value or its book value, called intrinsic value, which is Eason Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Eason Technology's market value can be influenced by many factors that don't directly affect Eason Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Eason Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eason Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eason Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Eason Technology '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 Eason Technology'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 Eason Technology.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Eason Technology on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Eason Technology Limited or generate 0.0% return on investment in Eason Technology over 90 days. Eason Technology is related to or competes with ReTo Eco, Four Seasons, Mercurity Fintech, and Baosheng Media. Dunxin Financial Holdings Limited, together with its subsidiaries, engages in the microfinance lending business in the P... More
Eason Technology 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 Eason Technology'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 Eason Technology Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 22.46 | |||
| Information Ratio | 0.03 | |||
| Maximum Drawdown | 196.29 | |||
| Value At Risk | (28.04) | |||
| Potential Upside | 45.01 |
Eason Technology Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Eason Technology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Eason Technology's standard deviation. In reality, there are many statistical measures that can use Eason Technology historical prices to predict the future Eason Technology's volatility.| Risk Adjusted Performance | 0.0334 | |||
| Jensen Alpha | 1.23 | |||
| Total Risk Alpha | 5.31 | |||
| Sortino Ratio | 0.0466 | |||
| Treynor Ratio | 0.3529 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Eason Technology's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Eason Technology Backtested Returns
Eason Technology appears to be extremely dangerous, given 3 months investment horizon. Eason Technology secures Sharpe Ratio (or Efficiency) of 0.0268, which denotes the company had a 0.0268 % return per unit of risk over the last 3 months. By reviewing Eason Technology's technical indicators, you can evaluate if the expected return of 0.92% is justified by implied risk. Please utilize Eason Technology's Coefficient Of Variation of 3686.71, downside deviation of 22.46, and Mean Deviation of 17.66 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Eason Technology holds a performance score of 2. The firm shows a Beta (market volatility) of 2.66, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Eason Technology will likely underperform. Please check Eason Technology's semi variance, and the relationship between the maximum drawdown and accumulation distribution , to make a quick decision on whether Eason Technology's price patterns will revert.
Auto-correlation | -0.33 |
Poor reverse predictability
Eason Technology Limited has poor reverse predictability. Overlapping area represents the amount of predictability between Eason Technology 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 Eason Technology price movement. The serial correlation of -0.33 indicates that nearly 33.0% of current Eason Technology price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.33 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 24.44 |
Eason Technology lagged returns against current returns
Autocorrelation, which is Eason Technology 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 Eason Technology's stock expected returns. We can calculate the autocorrelation of Eason Technology returns to help us make a trade decision. For example, suppose you find that Eason Technology 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 |
Eason Technology 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 Eason Technology stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Eason Technology stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Eason Technology stock over time.
Current vs Lagged Prices |
| Timeline |
Eason Technology Lagged Returns
When evaluating Eason Technology's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Eason Technology stock have on its future price. Eason Technology 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, Eason Technology autocorrelation shows the relationship between Eason Technology stock current value and its past values and can show if there is a momentum factor associated with investing in Eason Technology Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Eason Technology is a strong investment it is important to analyze Eason Technology's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Eason Technology's future performance. For an informed investment choice regarding Eason Stock, refer to the following important reports:Check out Eason Technology Correlation, Eason Technology Volatility and Eason Technology Alpha and Beta module to complement your research on Eason Technology. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Eason Technology 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.