EBay Correlations
| EBAY Stock | USD 52.02 0.68 1.32% |
The correlation of EBay is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as EBay moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if eBay Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Very weak diversification
The correlation between eBay Inc and NYA is 0.43 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding eBay Inc and NYA in the same portfolio, assuming nothing else is changed.
EBay |
The ability to find closely correlated positions to EBay could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EBay when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back EBay - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling eBay Inc to buy it.
Moving together with EBay Stock
| 0.81 | AN | AutoNation Buyout Trend | PairCorr |
| 0.75 | AEO | American Eagle Outfitters Buyout Trend | PairCorr |
| 0.74 | BBY | Best Buy Sell-off Trend | PairCorr |
| 0.61 | DDS | Dillards Financial Report 9th of May 2024 | PairCorr |
| 0.69 | GPS | Gap Inc Financial Report 23rd of May 2024 | PairCorr |
Moving against EBay Stock
| 0.95 | AAN | Aarons | PairCorr |
| 0.77 | PLCE | Childrens Place Financial Report 22nd of May 2024 | PairCorr |
| 0.67 | FL | Foot Locker Financial Report 17th of May 2024 | PairCorr |
| 0.61 | KXIN | Kaixin Auto Holdings Report 21st of May 2024 | PairCorr |
| 0.57 | VRM | Vroom Inc Financial Report 14th of May 2024 | PairCorr |
| 0.47 | LAD | Lithia Motors | PairCorr |
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Risk-Adjusted Indicators
There is a big difference between EBay Stock performing well and EBay Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze EBay's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SE | 2.14 | 0.63 | 0.27 | 0.50 | 1.72 | 6.11 | 10.55 | |||
| VIPS | 1.84 | (0.12) | (0.03) | 0.00 | 2.32 | 4.38 | 19.96 | |||
| AMZN | 1.25 | 0.12 | 0.10 | 0.18 | 1.16 | 2.82 | 10.43 | |||
| JD | 2.49 | 0.31 | 0.14 | 0.24 | 2.57 | 5.80 | 22.08 | |||
| BZUN | 3.26 | (0.04) | 0.02 | 0.06 | 4.36 | 7.83 | 31.50 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in EBay without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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EBay Corporate Directors
EBay corporate directors refer to members of an EBay board of directors. The board of directors generally takes responsibility for the EBay's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of EBay's board members must vote for the resolution. The EBay board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Adriane Brown | Director | Profile | |
| Fred Anderson | Independent Director | Profile | |
| Edward Barnholt | Independent Director | Profile | |
| Paul Pressler | Director | Profile |
Already Invested in eBay Inc?
The danger of trading eBay Inc is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of EBay is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than EBay. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile eBay Inc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether eBay Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of EBay'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 Ebay Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ebay Inc Stock: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in eBay Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the eBay Inc information on this page should be used as a complementary analysis to other EBay's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
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When running EBay's price analysis, check to measure EBay'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 EBay is operating at the current time. Most of EBay's value examination focuses on studying past and present price action to predict the probability of EBay's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EBay's price. Additionally, you may evaluate how the addition of EBay to your portfolios can decrease your overall portfolio volatility.
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Is EBay's industry 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 EBay. If investors know EBay 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 EBay listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.131 | Dividend Share 1 | Earnings Share 5.21 | Revenue Per Share 19.079 | Quarterly Revenue Growth 0.021 |
The market value of eBay Inc is measured differently than its book value, which is the value of EBay that is recorded on the company's balance sheet. Investors also form their own opinion of EBay's value that differs from its market value or its book value, called intrinsic value, which is EBay'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 EBay's market value can be influenced by many factors that don't directly affect EBay'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 EBay's value and its price as these two are different measures arrived at by different means. Investors typically determine if EBay is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EBay'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.