Eaton Corp (UK) Market Value
| 0Y3K Stock | 379.12 3.22 0.86% |
| Symbol | Eaton |
Eaton Corp '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 Eaton Corp'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 Eaton Corp.
| 12/06/2022 |
| 11/25/2024 |
If you would invest 0.00 in Eaton Corp on December 6, 2022 and sell it all today you would earn a total of 0.00 from holding Eaton Corp PLC or generate 0.0% return on investment in Eaton Corp over 720 days. Eaton Corp is related to or competes with GoldMining, Air Products, Tatton Asset, Oakley Capital, Coeur Mining, and AMG Advanced. Eaton Corp is entity of United Kingdom. It is traded as Stock on LSE exchange. More
Eaton Corp 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 Eaton Corp'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 Eaton Corp PLC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.35 | |||
| Information Ratio | 0.1186 | |||
| Maximum Drawdown | 10.51 | |||
| Value At Risk | (2.09) | |||
| Potential Upside | 3.34 |
Eaton Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Eaton Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Eaton Corp's standard deviation. In reality, there are many statistical measures that can use Eaton Corp historical prices to predict the future Eaton Corp's volatility.| Risk Adjusted Performance | 0.1518 | |||
| Jensen Alpha | 0.1448 | |||
| Total Risk Alpha | 0.0499 | |||
| Sortino Ratio | 0.1609 | |||
| Treynor Ratio | 0.2116 |
Eaton Corp PLC Backtested Returns
Eaton Corp appears to be very steady, given 3 months investment horizon. Eaton Corp PLC secures Sharpe Ratio (or Efficiency) of 0.2, which denotes the company had a 0.2% return per unit of risk over the last 3 months. We have found thirty technical indicators for Eaton Corp PLC, which you can use to evaluate the volatility of the firm. Please utilize Eaton Corp's Coefficient Of Variation of 525.37, downside deviation of 1.35, and Mean Deviation of 1.33 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Eaton Corp holds a performance score of 15. The firm shows a Beta (market volatility) of 1.59, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Eaton Corp will likely underperform. Please check Eaton Corp's total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether Eaton Corp's price patterns will revert.
Auto-correlation | 0.57 |
Modest predictability
Eaton Corp PLC has modest predictability. Overlapping area represents the amount of predictability between Eaton Corp time series from 6th of December 2022 to 1st of December 2023 and 1st of December 2023 to 25th 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 Eaton Corp PLC price movement. The serial correlation of 0.57 indicates that roughly 57.0% of current Eaton Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.57 | |
| Spearman Rank Test | 0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 1231.53 |
Eaton Corp PLC lagged returns against current returns
Autocorrelation, which is Eaton Corp 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 Eaton Corp's stock expected returns. We can calculate the autocorrelation of Eaton Corp returns to help us make a trade decision. For example, suppose you find that Eaton Corp 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 |
Eaton Corp 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 Eaton Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Eaton Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Eaton Corp stock over time.
Current vs Lagged Prices |
| Timeline |
Eaton Corp Lagged Returns
When evaluating Eaton Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Eaton Corp stock have on its future price. Eaton Corp 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, Eaton Corp autocorrelation shows the relationship between Eaton Corp stock current value and its past values and can show if there is a momentum factor associated with investing in Eaton Corp PLC.
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 Eaton Stock Analysis
When running Eaton Corp's price analysis, check to measure Eaton Corp'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 Eaton Corp is operating at the current time. Most of Eaton Corp's value examination focuses on studying past and present price action to predict the probability of Eaton Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eaton Corp's price. Additionally, you may evaluate how the addition of Eaton Corp to your portfolios can decrease your overall portfolio volatility.