Eden's market value is the price at which a share of Eden trades on a public exchange. It measures the collective expectations of Eden Inc Bhd investors about its performance. Eden is selling for 0.15 as of the 29th of November 2024. This is a 7.14 percent increase since the beginning of the trading day. The stock's lowest day price was 0.14. With this module, you can estimate the performance of a buy and hold strategy of Eden Inc Bhd and determine expected loss or profit from investing in Eden over a given investment horizon. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
Eden
Eden '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 Eden'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 Eden.
0.00
10/30/2024
No Change 0.00
0.0
In 31 days
11/29/2024
0.00
If you would invest 0.00 in Eden on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Eden Inc Bhd or generate 0.0% return on investment in Eden over 30 days.
Eden 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 Eden'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 Eden Inc Bhd upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Eden's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Eden's standard deviation. In reality, there are many statistical measures that can use Eden historical prices to predict the future Eden's volatility.
As of now, Eden Stock is out of control. Eden Inc Bhd secures Sharpe Ratio (or Efficiency) of 6.0E-4, which denotes the company had a 6.0E-4% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Eden Inc Bhd, which you can use to evaluate the volatility of the firm. Please confirm Eden's Downside Deviation of 7.9, mean deviation of 3.56, and Coefficient Of Variation of 3830.53 to check if the risk estimate we provide is consistent with the expected return of 0.0029%. The firm shows a Beta (market volatility) of -0.8, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Eden are expected to decrease at a much lower rate. During the bear market, Eden is likely to outperform the market. Eden Inc Bhd right now shows a risk of 4.65%. Please confirm Eden Inc Bhd semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to decide if Eden Inc Bhd will be following its price patterns.
Auto-correlation
-0.37
Poor reverse predictability
Eden Inc Bhd has poor reverse predictability. Overlapping area represents the amount of predictability between Eden time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 Eden Inc Bhd price movement. The serial correlation of -0.37 indicates that just about 37.0% of current Eden price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.37
Spearman Rank Test
0.8
Residual Average
0.0
Price Variance
0.0
Eden Inc Bhd lagged returns against current returns
Autocorrelation, which is Eden 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 Eden's stock expected returns. We can calculate the autocorrelation of Eden returns to help us make a trade decision. For example, suppose you find that Eden 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
Eden 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 Eden stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Eden stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Eden stock over time.
Current vs Lagged Prices
Timeline
Eden Lagged Returns
When evaluating Eden's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Eden stock have on its future price. Eden 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, Eden autocorrelation shows the relationship between Eden stock current value and its past values and can show if there is a momentum factor associated with investing in Eden Inc Bhd.
Regressed Prices
Timeline
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