Aegon Funding Stock Market Value
| AEFC Stock | USD 20.77 0.39 1.84% |
| Symbol | Aegon |
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Aegon Funding. If investors know Aegon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Aegon Funding listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Aegon Funding is measured differently than its book value, which is the value of Aegon that is recorded on the company's balance sheet. Investors also form their own opinion of Aegon Funding's value that differs from its market value or its book value, called intrinsic value, which is Aegon Funding's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Aegon Funding's market value can be influenced by many factors that don't directly affect Aegon Funding's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Aegon Funding's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aegon Funding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aegon Funding's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Aegon Funding '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 Aegon Funding'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 Aegon Funding.
| 06/01/2024 |
| 07/01/2024 |
If you would invest 0.00 in Aegon Funding on June 1, 2024 and sell it all today you would earn a total of 0.00 from holding Aegon Funding or generate 0.0% return on investment in Aegon Funding over 30 days. Aegon Funding is related to or competes with Petroleo Brasileiro, Equinor ASA, YPF Sociedad, Ecopetrol, BP PLC, Shell PLC, and TotalEnergies. Aegon Funding is entity of United States More
Aegon Funding 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 Aegon Funding'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 Aegon Funding upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 4.09 | |||
| Value At Risk | (1.94) | |||
| Potential Upside | 1.07 |
Aegon Funding Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aegon Funding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aegon Funding's standard deviation. In reality, there are many statistical measures that can use Aegon Funding historical prices to predict the future Aegon Funding's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | (0.12) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Aegon Funding'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.
Aegon Funding Backtested Returns
Aegon Funding secures Sharpe Ratio (or Efficiency) of -0.022, which signifies that the company had a -0.022% return per unit of standard deviation over the last 3 months. Aegon Funding exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Aegon Funding's risk adjusted performance of (0.04), and Mean Deviation of 0.6915 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.58, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Aegon Funding's returns are expected to increase less than the market. However, during the bear market, the loss of holding Aegon Funding is expected to be smaller as well. At this point, Aegon Funding has a negative expected return of -0.0185%. Please make sure to confirm Aegon Funding's standard deviation, maximum drawdown, kurtosis, as well as the relationship between the total risk alpha and potential upside , to decide if Aegon Funding performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.59 |
Good reverse predictability
Aegon Funding has good reverse predictability. Overlapping area represents the amount of predictability between Aegon Funding time series from 1st of June 2024 to 16th of June 2024 and 16th of June 2024 to 1st of July 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 Aegon Funding price movement. The serial correlation of -0.59 indicates that roughly 59.0% of current Aegon Funding price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.59 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Aegon Funding lagged returns against current returns
Autocorrelation, which is Aegon Funding 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 Aegon Funding's stock expected returns. We can calculate the autocorrelation of Aegon Funding returns to help us make a trade decision. For example, suppose you find that Aegon Funding 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 |
Aegon Funding 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 Aegon Funding stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aegon Funding stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aegon Funding stock over time.
Current vs Lagged Prices |
| Timeline |
Aegon Funding Lagged Returns
When evaluating Aegon Funding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aegon Funding stock have on its future price. Aegon Funding 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, Aegon Funding autocorrelation shows the relationship between Aegon Funding stock current value and its past values and can show if there is a momentum factor associated with investing in Aegon Funding.
Regressed Prices |
| Timeline |
Also Currently Popular
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.| AIVSX | Investment Of America | |
| ABNDX | Bond Fund Of | |
| AMRMX | American Mutual Fund |
Additional Information and Resources on Investing in Aegon Stock
When determining whether Aegon Funding offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Aegon Funding's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Aegon Funding Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Aegon Funding Stock:Check out Aegon Funding Correlation, Aegon Funding Volatility and Aegon Funding Alpha and Beta module to complement your research on Aegon Funding. For information on how to trade Aegon Stock refer to our How to Trade Aegon Stock guide.You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Aegon Funding technical 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, stock market cycles, or different charting patterns.