Aeon (Germany) Market Value
| JUS1 Stock | EUR 22.40 0.60 2.61% |
| Symbol | Aeon |
Aeon '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 Aeon'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 Aeon.
| 08/01/2023 |
| 12/23/2024 |
If you would invest 0.00 in Aeon on August 1, 2023 and sell it all today you would earn a total of 0.00 from holding Aeon Co or generate 0.0% return on investment in Aeon over 510 days. Aeon is related to or competes with SHOPRITE HDGS, Shoprite Holdings, Dillards, Macys, RYOHIN UNSPADR1, and PEPKOR. Aeon Co., Ltd. operates in the retail industry in Japan and internationally More
Aeon 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 Aeon'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 Aeon Co upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 10.14 | |||
| Value At Risk | (1.79) | |||
| Potential Upside | 2.61 |
Aeon Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aeon's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aeon's standard deviation. In reality, there are many statistical measures that can use Aeon historical prices to predict the future Aeon's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | (13.33) |
Aeon Backtested Returns
Aeon secures Sharpe Ratio (or Efficiency) of -0.0714, which signifies that the company had a -0.0714% return per unit of risk over the last 3 months. Aeon Co exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Aeon's Standard Deviation of 1.65, risk adjusted performance of (0.07), and Mean Deviation of 1.09 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0122, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Aeon's returns are expected to increase less than the market. However, during the bear market, the loss of holding Aeon is expected to be smaller as well. At this point, Aeon has a negative expected return of -0.12%. Please make sure to confirm Aeon's treynor ratio, skewness, and the relationship between the total risk alpha and potential upside , to decide if Aeon performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.68 |
Good predictability
Aeon Co has good predictability. Overlapping area represents the amount of predictability between Aeon time series from 1st of August 2023 to 12th of April 2024 and 12th of April 2024 to 23rd 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 Aeon price movement. The serial correlation of 0.68 indicates that around 68.0% of current Aeon price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.68 | |
| Spearman Rank Test | 0.67 | |
| Residual Average | 0.0 | |
| Price Variance | 3.33 |
Aeon lagged returns against current returns
Autocorrelation, which is Aeon 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 Aeon's stock expected returns. We can calculate the autocorrelation of Aeon returns to help us make a trade decision. For example, suppose you find that Aeon 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 |
Aeon 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 Aeon stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aeon stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aeon stock over time.
Current vs Lagged Prices |
| Timeline |
Aeon Lagged Returns
When evaluating Aeon's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aeon stock have on its future price. Aeon 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, Aeon autocorrelation shows the relationship between Aeon stock current value and its past values and can show if there is a momentum factor associated with investing in Aeon Co.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Aeon Stock
Aeon financial ratios help investors to determine whether Aeon 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 Aeon with respect to the benefits of owning Aeon security.