EON SE (Germany) Market Value
| EOAA Stock | EUR 12.80 0.20 1.59% |
| Symbol | EON |
EON SE '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 EON SE'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 EON SE.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in EON SE on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding EON SE or generate 0.0% return on investment in EON SE over 90 days. EON SE is related to or competes with Easy Software, Ribbon Communications, Computershare, Vishay Intertechnology, ORMAT TECHNOLOGIES, and NetSol Technologies. E.ON SE operates as an energy company in Germany, the United Kingdom, Romania, Hungary, the Czech Republic, Sweden, the ... More
EON SE 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 EON SE'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 EON SE upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.05 | |||
| Information Ratio | 0.09 | |||
| Maximum Drawdown | 12.42 | |||
| Value At Risk | (4.20) | |||
| Potential Upside | 5.04 |
EON SE Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for EON SE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as EON SE's standard deviation. In reality, there are many statistical measures that can use EON SE historical prices to predict the future EON SE's volatility.| Risk Adjusted Performance | 0.0561 | |||
| Jensen Alpha | 0.2246 | |||
| Total Risk Alpha | 0.5247 | |||
| Sortino Ratio | 0.0869 | |||
| Treynor Ratio | 0.2478 |
EON SE Backtested Returns
EON SE appears to be not too volatile, given 3 months investment horizon. EON SE secures Sharpe Ratio (or Efficiency) of 0.0804, which denotes the company had a 0.0804 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for EON SE, which you can use to evaluate the volatility of the firm. Please utilize EON SE's Downside Deviation of 3.05, mean deviation of 2.29, and Semi Deviation of 2.61 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, EON SE holds a performance score of 6. The firm shows a Beta (market volatility) of 0.63, which means possible diversification benefits within a given portfolio. As returns on the market increase, EON SE's returns are expected to increase less than the market. However, during the bear market, the loss of holding EON SE is expected to be smaller as well. Please check EON SE's standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether EON SE's price patterns will revert.
Auto-correlation | -0.02 |
Very weak reverse predictability
EON SE has very weak reverse predictability. Overlapping area represents the amount of predictability between EON SE time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 EON SE price movement. The serial correlation of -0.02 indicates that only 2.0% of current EON SE price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.02 | |
| Spearman Rank Test | -0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 0.37 |
EON SE lagged returns against current returns
Autocorrelation, which is EON SE 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 EON SE's stock expected returns. We can calculate the autocorrelation of EON SE returns to help us make a trade decision. For example, suppose you find that EON SE 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 |
EON SE 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 EON SE stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if EON SE stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in EON SE stock over time.
Current vs Lagged Prices |
| Timeline |
EON SE Lagged Returns
When evaluating EON SE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of EON SE stock have on its future price. EON SE 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, EON SE autocorrelation shows the relationship between EON SE stock current value and its past values and can show if there is a momentum factor associated with investing in EON SE.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in EON Stock
EON SE financial ratios help investors to determine whether EON 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 EON with respect to the benefits of owning EON SE security.