Eisai Co (Germany) Market Value
| EII Stock | EUR 30.05 1.24 4.30% |
| Symbol | Eisai |
Eisai Co '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 Eisai Co'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 Eisai Co.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Eisai Co on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Eisai Co or generate 0.0% return on investment in Eisai Co over 30 days. Eisai Co is related to or competes with Shionogi, Superior Plus, Origin Agritech, Identiv, INTUITIVE SURGICAL, and Intel. Eisai Co., Ltd. engages in the research and development, manufacture, sale, and import and export of pharmaceuticals More
Eisai Co 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 Eisai Co'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 Eisai Co upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 21.1 | |||
| Value At Risk | (3.65) | |||
| Potential Upside | 3.57 |
Eisai Co Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Eisai Co's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Eisai Co's standard deviation. In reality, there are many statistical measures that can use Eisai Co historical prices to predict the future Eisai Co's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.39) | |||
| Total Risk Alpha | (0.75) | |||
| Treynor Ratio | (0.60) |
Eisai Co Backtested Returns
Eisai Co secures Sharpe Ratio (or Efficiency) of -0.1, which denotes the company had a -0.1% return per unit of risk over the last 3 months. Eisai Co exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Eisai Co's Standard Deviation of 2.58, mean deviation of 1.55, and Variance of 6.66 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.53, which means possible diversification benefits within a given portfolio. As returns on the market increase, Eisai Co's returns are expected to increase less than the market. However, during the bear market, the loss of holding Eisai Co is expected to be smaller as well. At this point, Eisai Co has a negative expected return of -0.26%. Please make sure to confirm Eisai Co's potential upside, kurtosis, and the relationship between the value at risk and skewness , to decide if Eisai Co performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.35 |
Below average predictability
Eisai Co has below average predictability. Overlapping area represents the amount of predictability between Eisai Co 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 Eisai Co price movement. The serial correlation of 0.35 indicates that nearly 35.0% of current Eisai Co price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.35 | |
| Spearman Rank Test | -0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 0.87 |
Eisai Co lagged returns against current returns
Autocorrelation, which is Eisai Co 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 Eisai Co's stock expected returns. We can calculate the autocorrelation of Eisai Co returns to help us make a trade decision. For example, suppose you find that Eisai Co 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 |
Eisai Co 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 Eisai Co stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Eisai Co stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Eisai Co stock over time.
Current vs Lagged Prices |
| Timeline |
Eisai Co Lagged Returns
When evaluating Eisai Co's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Eisai Co stock have on its future price. Eisai Co 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, Eisai Co autocorrelation shows the relationship between Eisai Co stock current value and its past values and can show if there is a momentum factor associated with investing in Eisai Co.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Eisai Stock
Eisai Co financial ratios help investors to determine whether Eisai Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Eisai with respect to the benefits of owning Eisai Co security.