Aon PLC Stock Forecast - Relative Strength Index

AON Stock  USD 360.65  0.96  0.27%   
Aon Stock Forecast is based on your current time horizon. Although Aon PLC's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Aon PLC's systematic risk associated with finding meaningful patterns of Aon PLC fundamentals over time.
  
At this time, Aon PLC's Inventory Turnover is very stable compared to the past year. As of the 26th of December 2024, Payables Turnover is likely to grow to 3.74, while Receivables Turnover is likely to drop 2.23. . As of the 26th of December 2024, Common Stock Shares Outstanding is likely to grow to about 293.2 M. Also, Net Income Applicable To Common Shares is likely to grow to about 3.1 B.
Aon PLC has current Relative Strength Index of 0.
Check Aon PLC VolatilityBacktest Aon PLCInformation Ratio  

Aon PLC Trading Date Momentum

On December 26 2024 Aon PLC was traded for  360.65  at the closing time. Highest Aon PLC's price during the trading hours was 361.63  and the lowest price during the day was  356.69 . There was no trading activity during the period 0.0. Lack of trading volume on the 26th of December did not affect price variability. The overall trading delta to current price is 0.27% .
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Other Forecasting Options for Aon PLC

For every potential investor in Aon, whether a beginner or expert, Aon PLC's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Aon Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Aon. Basic forecasting techniques help filter out the noise by identifying Aon PLC's price trends.

Aon PLC Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Aon PLC stock to make a market-neutral strategy. Peer analysis of Aon PLC could also be used in its relative valuation, which is a method of valuing Aon PLC by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Aon PLC Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Aon PLC's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Aon PLC's current price.

Aon PLC Market Strength Events

Market strength indicators help investors to evaluate how Aon PLC stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Aon PLC shares will generate the highest return on investment. By undertsting and applying Aon PLC stock market strength indicators, traders can identify Aon PLC entry and exit signals to maximize returns.

Aon PLC Risk Indicators

The analysis of Aon PLC's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Aon PLC's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting aon stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Pair Trading with Aon PLC

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Aon PLC position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Aon PLC will appreciate offsetting losses from the drop in the long position's value.

Moving together with Aon Stock

  0.78AJG Arthur J Gallagher Fiscal Year End 23rd of January 2025 PairCorr
  0.89BRO Brown Brown Fiscal Year End 27th of January 2025 PairCorr

Moving against Aon Stock

  0.68ERIE Erie IndemnityPairCorr
  0.51RELI Reliance Global GroupPairCorr
  0.37TIRX Tian Ruixiang Holdings Buyout TrendPairCorr
  0.33AIFU Fanhua Inc Symbol ChangePairCorr
The ability to find closely correlated positions to Aon PLC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aon PLC when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Aon PLC - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Aon PLC to buy it.
The correlation of Aon PLC is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Aon PLC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aon PLC moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Aon PLC can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Aon PLC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Aon PLC'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 Aon Plc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Aon Plc Stock:
Check out Historical Fundamental Analysis of Aon PLC to cross-verify your projections.
To learn how to invest in Aon Stock, please use our How to Invest in Aon PLC guide.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Is Insurance Brokers 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 Aon PLC. If investors know Aon 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 Aon PLC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.30)
Dividend Share
2.58
Earnings Share
11.68
Revenue Per Share
71.993
Quarterly Revenue Growth
0.26
The market value of Aon PLC is measured differently than its book value, which is the value of Aon that is recorded on the company's balance sheet. Investors also form their own opinion of Aon PLC's value that differs from its market value or its book value, called intrinsic value, which is Aon PLC'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 Aon PLC's market value can be influenced by many factors that don't directly affect Aon PLC'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 Aon PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aon PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aon PLC'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.