Aeon Metals (Australia) Market Value

Symbol

Aeon

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 Metals' 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 Metals.

Aeon Metals Upside/Downside Indicators

Aeon Metals Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Aeon Metals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aeon Metals' standard deviation. In reality, there are many statistical measures that can use Aeon Metals historical prices to predict the future Aeon Metals' volatility.

Autocorrelation, which is Aeon Metals 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 Metals' stock expected returns. We can calculate the autocorrelation of Aeon Metals returns to help us make a trade decision. For example, suppose you find that Aeon Metals 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.

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Aeon Metals stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aeon Metals stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aeon Metals stock over time.

When evaluating Aeon Metals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aeon Metals stock have on its future price. Aeon Metals 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 Metals autocorrelation shows the relationship between Aeon Metals stock current value and its past values and can show if there is a momentum factor associated with investing in Aeon Metals.

When running Aeon Metals' price analysis, check to measure Aeon Metals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Aeon Metals is operating at the current time. Most of Aeon Metals' value examination focuses on studying past and present price action to predict the probability of Aeon Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aeon Metals' price. Additionally, you may evaluate how the addition of Aeon Metals to your portfolios can decrease your overall portfolio volatility.