EBay (Germany) Market Value
| EBA Stock | EUR 60.07 0.51 0.86% |
| Symbol | EBay |
EBay '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 EBay'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 EBay.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in EBay on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding eBay Inc or generate 0.0% return on investment in EBay over 30 days. EBay is related to or competes with ASURE SOFTWARE, Charter Communications, PSI Software, Consolidated Communications, Ribbon Communications, Unity Software, and ScanSource. eBay Inc. operates commerce platforms connecting various buyers and sellers worldwide More
EBay 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 EBay'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 eBay Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.05 | |||
| Information Ratio | 0.0472 | |||
| Maximum Drawdown | 12.96 | |||
| Value At Risk | (1.72) | |||
| Potential Upside | 3.44 |
EBay Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for EBay's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as EBay's standard deviation. In reality, there are many statistical measures that can use EBay historical prices to predict the future EBay's volatility.| Risk Adjusted Performance | 0.0886 | |||
| Jensen Alpha | 0.1489 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.0427 | |||
| Treynor Ratio | 0.4694 |
eBay Inc Backtested Returns
EBay appears to be very steady, given 3 months investment horizon. eBay Inc secures Sharpe Ratio (or Efficiency) of 0.11, which denotes the company had a 0.11% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for eBay Inc, which you can use to evaluate the volatility of the entity. Please utilize EBay's Semi Deviation of 1.81, mean deviation of 1.19, and Risk Adjusted Performance of 0.0886 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, EBay holds a performance score of 9. The firm shows a Beta (market volatility) of 0.41, which means possible diversification benefits within a given portfolio. As returns on the market increase, EBay's returns are expected to increase less than the market. However, during the bear market, the loss of holding EBay is expected to be smaller as well. Please check EBay's market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to make a quick decision on whether EBay's price patterns will revert.
Auto-correlation | 0.65 |
Good predictability
eBay Inc has good predictability. Overlapping area represents the amount of predictability between EBay time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th 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 eBay Inc price movement. The serial correlation of 0.65 indicates that roughly 65.0% of current EBay price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.65 | |
| Spearman Rank Test | 0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 2.53 |
eBay Inc lagged returns against current returns
Autocorrelation, which is EBay 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 EBay's stock expected returns. We can calculate the autocorrelation of EBay returns to help us make a trade decision. For example, suppose you find that EBay 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 |
EBay 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 EBay stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if EBay stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in EBay stock over time.
Current vs Lagged Prices |
| Timeline |
EBay Lagged Returns
When evaluating EBay's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of EBay stock have on its future price. EBay 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, EBay autocorrelation shows the relationship between EBay stock current value and its past values and can show if there is a momentum factor associated with investing in eBay Inc.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in EBay Stock
When determining whether eBay Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of EBay'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 Ebay Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ebay Inc Stock:Check out EBay Correlation, EBay Volatility and EBay Alpha and Beta module to complement your research on EBay. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
EBay 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.