Aeon Co Ltd Stock Market Value
| AONNY Stock | USD 23.56 0.10 0.43% |
| Symbol | Aeon |
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 pink sheet 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.
| 10/23/2024 |
| 12/22/2024 |
If you would invest 0.00 in Aeon Co on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Aeon Co Ltd or generate 0.0% return on investment in Aeon Co over 60 days. Aeon Co is related to or competes with Dillards Capital, Morningstar Unconstrained, Thrivent High, Via Renewables, T Rowe, 70082LAB3, and Sitka Gold. Aeon Co., Ltd. operates in the retail industry in Japan and internationally More
Aeon Co 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 Co's pink sheet 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 Ltd upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 6.62 | |||
| Value At Risk | (2.91) | |||
| Potential Upside | 2.25 |
Aeon Co Market Risk Indicators
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.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.29) | |||
| Total Risk Alpha | (0.33) | |||
| Treynor Ratio | (1.51) |
Aeon Co Backtested Returns
Aeon Co secures Sharpe Ratio (or Efficiency) of -0.15, which signifies that the company had a -0.15% return per unit of risk over the last 3 months. Aeon Co Ltd exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Aeon Co's Standard Deviation of 1.61, risk adjusted performance of (0.13), and Mean Deviation of 1.25 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.19, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Aeon Co's returns are expected to increase less than the market. However, during the bear market, the loss of holding Aeon Co is expected to be smaller as well. At this point, Aeon Co has a negative expected return of -0.25%. Please make sure to confirm Aeon Co's jensen alpha, skewness, as well as the relationship between the Skewness and day typical price , to decide if Aeon Co performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.51 |
Modest predictability
Aeon Co Ltd has modest predictability. Overlapping area represents the amount of predictability between Aeon Co time series from 23rd of October 2024 to 22nd of November 2024 and 22nd of November 2024 to 22nd 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 Co price movement. The serial correlation of 0.51 indicates that about 51.0% of current Aeon Co price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.51 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 0.35 |
Aeon Co lagged returns against current returns
Autocorrelation, which is Aeon Co pink sheet'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 pink sheet 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 pink sheet 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 pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aeon Co pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aeon Co pink sheet 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 pink sheet 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 pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Aeon Co Ltd.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Aeon Pink Sheet Analysis
When running Aeon Co's price analysis, check to measure Aeon Co's 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 Co is operating at the current time. Most of Aeon Co's value examination focuses on studying past and present price action to predict the probability of Aeon Co's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aeon Co's price. Additionally, you may evaluate how the addition of Aeon Co to your portfolios can decrease your overall portfolio volatility.