Eisai Co Stock Market Value
| ESALF Stock | USD 30.50 0.50 1.67% |
| Symbol | Eisai |
Eisai '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's pink sheet 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.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Eisai on October 27, 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 over 30 days. Eisai is related to or competes with Leef Brands, and Eisai. It offers Aricept for the treatment of alzheimers diseasedementia with Lewy bodies Methycobal for the treatment of perip... More
Eisai 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's pink sheet 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 | (0.19) | |||
| Maximum Drawdown | 13.45 | |||
| Value At Risk | (6.95) | |||
| Potential Upside | 2.95 |
Eisai Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Eisai's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Eisai's standard deviation. In reality, there are many statistical measures that can use Eisai historical prices to predict the future Eisai's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.60) | |||
| Total Risk Alpha | (0.98) | |||
| Treynor Ratio | (0.55) |
Eisai Backtested Returns
Eisai secures Sharpe Ratio (or Efficiency) of -0.17, which denotes the company had a -0.17% return per unit of risk over the last 3 months. Eisai Co exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Eisai's Standard Deviation of 3.14, variance of 9.88, and Mean Deviation of 2.02 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.9, which means possible diversification benefits within a given portfolio. Eisai returns are very sensitive to returns on the market. As the market goes up or down, Eisai is expected to follow. At this point, Eisai has a negative expected return of -0.54%. Please make sure to confirm Eisai's potential upside, as well as the relationship between the daily balance of power and day typical price , to decide if Eisai performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.41 |
Modest reverse predictability
Eisai Co has modest reverse predictability. Overlapping area represents the amount of predictability between Eisai time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 price movement. The serial correlation of -0.41 indicates that just about 41.0% of current Eisai price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.41 | |
| Spearman Rank Test | -0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 4.11 |
Eisai lagged returns against current returns
Autocorrelation, which is Eisai pink sheet'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's pink sheet expected returns. We can calculate the autocorrelation of Eisai returns to help us make a trade decision. For example, suppose you find that Eisai has exhibited high autocorrelation historically, and you observe that the pink sheet 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 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 pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Eisai pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Eisai pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Eisai Lagged Returns
When evaluating Eisai's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Eisai pink sheet have on its future price. Eisai 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 autocorrelation shows the relationship between Eisai pink sheet 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 Pink Sheet
Eisai financial ratios help investors to determine whether Eisai Pink Sheet 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 security.