Aeon Co's market value is the price at which a share of Aeon Co trades on a public exchange. It measures the collective expectations of Aeon Co investors about its performance. Aeon Co is trading at 21.80 as of the 8th of January 2025. This is a 0.91 percent decrease since the beginning of the trading day. The stock's lowest day price was 21.8. With this module, you can estimate the performance of a buy and hold strategy of Aeon Co and determine expected loss or profit from investing in Aeon Co over a given investment horizon. Check out Aeon Co Correlation, Aeon Co Volatility and Aeon Co Alpha and Beta module to complement your research on Aeon Co.
Please note, there is a significant difference between Aeon Co's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aeon Co is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aeon Co'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.
Aeon Co '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 Co'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 Co.
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Aeon Co'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.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aeon Co's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aeon Co's standard deviation. In reality, there are many statistical measures that can use Aeon Co historical prices to predict the future Aeon Co's volatility.
At this point, Aeon Co is very steady. Aeon Co secures Sharpe Ratio (or Efficiency) of 0.0182, which signifies that the company had a 0.0182% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Aeon Co, which you can use to evaluate the volatility of the firm. Please confirm Aeon Co's Downside Deviation of 1.52, mean deviation of 0.9375, and Risk Adjusted Performance of 0.0185 to double-check if the risk estimate we provide is consistent with the expected return of 0.0238%. Aeon Co has a performance score of 1 on a scale of 0 to 100. 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, returns on owning Aeon Co are expected to decrease at a much lower rate. During the bear market, Aeon Co is likely to outperform the market. Aeon Co right now shows a risk of 1.31%. Please confirm Aeon Co sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to decide if Aeon Co will be following its price patterns.
Auto-correlation
-0.59
Good reverse predictability
Aeon Co has good reverse predictability. Overlapping area represents the amount of predictability between Aeon Co time series from 9th of December 2024 to 24th of December 2024 and 24th of December 2024 to 8th of January 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 Aeon Co price movement. The serial correlation of -0.59 indicates that roughly 59.0% of current Aeon Co price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.59
Spearman Rank Test
-0.75
Residual Average
0.0
Price Variance
0.07
Aeon Co lagged returns against current returns
Autocorrelation, which is Aeon Co 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 Co's stock expected returns. We can calculate the autocorrelation of Aeon Co returns to help us make a trade decision. For example, suppose you find that Aeon Co 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 Co 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 Co stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aeon Co stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aeon Co stock over time.
Current vs Lagged Prices
Timeline
Aeon Co Lagged Returns
When evaluating Aeon Co's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aeon Co stock have on its future price. Aeon Co 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 Co autocorrelation shows the relationship between Aeon Co stock current value and its past values and can show if there is a momentum factor associated with investing in Aeon Co.
Aeon Co 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 Co security.