EBay (Germany) Market Value
| EBA Stock | 61.27 1.27 2.03% |
| Symbol | EBay |
EBay '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 EBay'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 EBay.
| 10/26/2024 |
| 12/25/2024 |
EBay 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 EBay'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 eBay Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.05 | |||
| Information Ratio | 0.0492 | |||
| Maximum Drawdown | 10.27 | |||
| Value At Risk | (1.78) | |||
| Potential Upside | 2.09 |
EBay Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for EBay's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as EBay's standard deviation. In reality, there are many statistical measures that can use EBay historical prices to predict the future EBay's volatility.| Risk Adjusted Performance | 0.0664 | |||
| Jensen Alpha | 0.0959 | |||
| Total Risk Alpha | 0.0441 | |||
| Sortino Ratio | 0.0391 | |||
| Treynor Ratio | 0.2106 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of EBay's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
eBay Inc Backtested Returns
Currently, eBay Inc is very steady. eBay Inc secures Sharpe Ratio (or Efficiency) of 0.0758, which denotes the company had a 0.0758% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for eBay Inc, which you can use to evaluate the volatility of the entity. Please confirm EBay's Mean Deviation of 1.09, semi deviation of 1.81, and Risk Adjusted Performance of 0.0664 to check if the risk estimate we provide is consistent with the expected return of 0.12%. EBay has a performance score of 5 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.55, which means possible diversification benefits within a given portfolio. As returns on the market increase, EBay's returns are expected to increase less than the market. However, during the bear market, the loss of holding EBay is expected to be smaller as well. eBay Inc currently shows a risk of 1.64%. Please confirm eBay Inc value at risk, daily balance of power, and the relationship between the total risk alpha and expected short fall , to decide if eBay Inc will be following its price patterns.
Auto-correlation | 0.46 |
Average predictability
eBay Inc has average predictability. Overlapping area represents the amount of predictability between EBay time series from 26th of October 2024 to 25th of November 2024 and 25th of November 2024 to 25th 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 eBay Inc price movement. The serial correlation of 0.46 indicates that about 46.0% of current EBay price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.46 | |
| Spearman Rank Test | 0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.49 |
eBay Inc lagged returns against current returns
Autocorrelation, which is EBay 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 EBay's stock expected returns. We can calculate the autocorrelation of EBay returns to help us make a trade decision. For example, suppose you find that EBay 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 |
EBay 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 EBay stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if EBay stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in EBay stock over time.
Current vs Lagged Prices |
| Timeline |
EBay Lagged Returns
When evaluating EBay's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of EBay stock have on its future price. EBay 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, EBay autocorrelation shows the relationship between EBay stock current value and its past values and can show if there is a momentum factor associated with investing in eBay Inc.
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 EBay Stock Analysis
When running EBay's price analysis, check to measure EBay'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 EBay is operating at the current time. Most of EBay's value examination focuses on studying past and present price action to predict the probability of EBay's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EBay's price. Additionally, you may evaluate how the addition of EBay to your portfolios can decrease your overall portfolio volatility.