AEON STORES (Germany) Market Value
| AVK1 Stock | EUR 0.06 0.00 0.00% |
| Symbol | AEON |
AEON STORES '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 STORES'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 STORES.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in AEON STORES on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding AEON STORES or generate 0.0% return on investment in AEON STORES over 30 days. AEON STORES is related to or competes with SIVERS SEMICONDUCTORS, Darden Restaurants, Reliance Steel, Q2M Managementberatu, Hyster-Yale Materials, Hastings Technology, and Meli Hotels. More
AEON STORES 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 STORES'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 STORES upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.52) | |||
| Maximum Drawdown | 3.05 | |||
| Value At Risk | (0.81) |
AEON STORES Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AEON STORES's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AEON STORES's standard deviation. In reality, there are many statistical measures that can use AEON STORES historical prices to predict the future AEON STORES's volatility.| Risk Adjusted Performance | (0.19) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | (4.81) |
AEON STORES Backtested Returns
AEON STORES secures Sharpe Ratio (or Efficiency) of -0.22, which signifies that the company had a -0.22% return per unit of risk over the last 3 months. AEON STORES exposes seventeen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AEON STORES's mean deviation of 0.22, and Risk Adjusted Performance of (0.19) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0268, which signifies not very significant fluctuations relative to the market. As returns on the market increase, AEON STORES's returns are expected to increase less than the market. However, during the bear market, the loss of holding AEON STORES is expected to be smaller as well. At this point, AEON STORES has a negative expected return of -0.0739%. Please make sure to confirm AEON STORES's information ratio, maximum drawdown, skewness, as well as the relationship between the jensen alpha and value at risk , to decide if AEON STORES performance from the past will be repeated in the future.
Auto-correlation | 0.00 |
No correlation between past and present
AEON STORES has no correlation between past and present. Overlapping area represents the amount of predictability between AEON STORES time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th of November 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 STORES price movement. The serial correlation of 0.0 indicates that just 0.0% of current AEON STORES price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
AEON STORES lagged returns against current returns
Autocorrelation, which is AEON STORES 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 STORES's stock expected returns. We can calculate the autocorrelation of AEON STORES returns to help us make a trade decision. For example, suppose you find that AEON STORES 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 STORES 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 STORES stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AEON STORES stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AEON STORES stock over time.
Current vs Lagged Prices |
| Timeline |
AEON STORES Lagged Returns
When evaluating AEON STORES's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AEON STORES stock have on its future price. AEON STORES 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 STORES autocorrelation shows the relationship between AEON STORES stock current value and its past values and can show if there is a momentum factor associated with investing in AEON STORES.
Regressed Prices |
| Timeline |
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Additional Tools for AEON Stock Analysis
When running AEON STORES's price analysis, check to measure AEON STORES'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 STORES is operating at the current time. Most of AEON STORES's value examination focuses on studying past and present price action to predict the probability of AEON STORES'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 STORES's price. Additionally, you may evaluate how the addition of AEON STORES to your portfolios can decrease your overall portfolio volatility.