Aeon Financial Service Stock Market Value
| AEOJF Stock | USD 9.28 0.00 0.00% |
| Symbol | AEON |
AEON Financial '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 Financial's otc 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 Financial.
| 03/30/2024 |
| 04/29/2024 |
If you would invest 0.00 in AEON Financial on March 30, 2024 and sell it all today you would earn a total of 0.00 from holding AEON Financial Service or generate 0.0% return on investment in AEON Financial over 30 days. AEON Financial is related to or competes with Visa, Mastercard, American Express, PayPal Holdings, Capital One, Discover Financial, and Orix Corp. AEON Financial Service Co., Ltd., through its subsidiaries, provides various financial services in Japan More
AEON Financial 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 Financial's otc 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 Financial Service upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 3.34 |
AEON Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AEON Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AEON Financial's standard deviation. In reality, there are many statistical measures that can use AEON Financial historical prices to predict the future AEON Financial's volatility.| Risk Adjusted Performance | 0.1041 | |||
| Jensen Alpha | 0.0749 | |||
| Total Risk Alpha | 0.0116 | |||
| Treynor Ratio | (3.84) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of AEON Financial'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.
AEON Financial Service Backtested Returns
We consider AEON Financial very steady. AEON Financial Service secures Sharpe Ratio (or Efficiency) of 0.18, which signifies that the company had a 0.18% return per unit of risk over the last 3 months. We have found seventeen technical indicators for AEON Financial Service, which you can use to evaluate the volatility of the firm. Please confirm AEON Financial's mean deviation of 0.1617, and Risk Adjusted Performance of 0.1041 to double-check if the risk estimate we provide is consistent with the expected return of 0.0873%. AEON Financial has a performance score of 13 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0191, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning AEON Financial are expected to decrease at a much lower rate. During the bear market, AEON Financial is likely to outperform the market. AEON Financial Service at this time shows a risk of 0.5%. Please confirm AEON Financial Service maximum drawdown, as well as the relationship between the rate of daily change and relative strength index , to decide if AEON Financial Service will be following its price patterns.
Auto-correlation | 0.00 |
No correlation between past and present
AEON Financial Service has no correlation between past and present. Overlapping area represents the amount of predictability between AEON Financial time series from 30th of March 2024 to 14th of April 2024 and 14th of April 2024 to 29th of April 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 Financial Service price movement. The serial correlation of 0.0 indicates that just 0.0% of current AEON Financial 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 Financial Service lagged returns against current returns
Autocorrelation, which is AEON Financial otc 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 Financial's otc stock expected returns. We can calculate the autocorrelation of AEON Financial returns to help us make a trade decision. For example, suppose you find that AEON Financial has exhibited high autocorrelation historically, and you observe that the otc 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 Financial 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 Financial otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AEON Financial otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AEON Financial otc stock over time.
Current vs Lagged Prices |
| Timeline |
AEON Financial Lagged Returns
When evaluating AEON Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AEON Financial otc stock have on its future price. AEON Financial 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 Financial autocorrelation shows the relationship between AEON Financial otc stock current value and its past values and can show if there is a momentum factor associated with investing in AEON Financial Service.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards AEON Financial in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, AEON Financial's short interest history, or implied volatility extrapolated from AEON Financial options trading.
Pair Trading with AEON Financial
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 AEON Financial 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 AEON Financial will appreciate offsetting losses from the drop in the long position's value.Moving together with AEON OTC Stock
| 0.67 | AXP | American Express Earnings Call This Week | PairCorr |
| 0.64 | COF | Capital One Financial Earnings Call This Week | PairCorr |
Moving against AEON OTC Stock
| 0.41 | AGRIP | AgriBank FCB | PairCorr |
The ability to find closely correlated positions to AEON Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AEON Financial 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 AEON Financial - 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 AEON Financial Service to buy it.
The correlation of AEON Financial 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 AEON Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AEON Financial Service 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 AEON Financial 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.Check out AEON Financial Correlation, AEON Financial Volatility and AEON Financial Alpha and Beta module to complement your research on AEON Financial. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Complementary Tools for AEON OTC Stock analysis
When running AEON Financial's price analysis, check to measure AEON Financial'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 Financial is operating at the current time. Most of AEON Financial's value examination focuses on studying past and present price action to predict the probability of AEON Financial'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 Financial's price. Additionally, you may evaluate how the addition of AEON Financial to your portfolios can decrease your overall portfolio volatility.
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals |
AEON Financial technical otc stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, otc market cycles, or different charting patterns.