ViacomCBS (Germany) Market Value
| 0VV Stock | EUR 21.55 0.15 0.69% |
| Symbol | ViacomCBS |
ViacomCBS '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 ViacomCBS'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 ViacomCBS.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in ViacomCBS on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding ViacomCBS or generate 0.0% return on investment in ViacomCBS over 30 days. ViacomCBS is related to or competes with Netflix, Warner Music, ViacomCBS, Superior Plus, NMI Holdings, Origin Agritech, and SIVERS SEMICONDUCTORS. ViacomCBS Inc. operates as a media and entertainment company worldwide More
ViacomCBS 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 ViacomCBS'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 ViacomCBS upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9481 | |||
| Information Ratio | 0.0196 | |||
| Maximum Drawdown | 10.26 | |||
| Value At Risk | (1.23) | |||
| Potential Upside | 2.36 |
ViacomCBS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ViacomCBS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ViacomCBS's standard deviation. In reality, there are many statistical measures that can use ViacomCBS historical prices to predict the future ViacomCBS's volatility.| Risk Adjusted Performance | 0.091 | |||
| Jensen Alpha | 0.1572 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.0278 | |||
| Treynor Ratio | (1.05) |
ViacomCBS Backtested Returns
At this point, ViacomCBS is very steady. ViacomCBS owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the firm had a 0.11% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for ViacomCBS, which you can use to evaluate the volatility of the company. Please validate ViacomCBS's Semi Deviation of 0.7248, risk adjusted performance of 0.091, and Coefficient Of Variation of 883.75 to confirm if the risk estimate we provide is consistent with the expected return of 0.15%. ViacomCBS has a performance score of 8 on a scale of 0 to 100. The entity has a beta of -0.13, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning ViacomCBS are expected to decrease at a much lower rate. During the bear market, ViacomCBS is likely to outperform the market. ViacomCBS right now has a risk of 1.36%. Please validate ViacomCBS information ratio, treynor ratio, and the relationship between the downside deviation and total risk alpha , to decide if ViacomCBS will be following its existing price patterns.
Auto-correlation | 0.63 |
Good predictability
ViacomCBS has good predictability. Overlapping area represents the amount of predictability between ViacomCBS 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 ViacomCBS price movement. The serial correlation of 0.63 indicates that roughly 63.0% of current ViacomCBS price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.63 | |
| Spearman Rank Test | 0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 0.25 |
ViacomCBS lagged returns against current returns
Autocorrelation, which is ViacomCBS 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 ViacomCBS's stock expected returns. We can calculate the autocorrelation of ViacomCBS returns to help us make a trade decision. For example, suppose you find that ViacomCBS 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 |
ViacomCBS 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 ViacomCBS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ViacomCBS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ViacomCBS stock over time.
Current vs Lagged Prices |
| Timeline |
ViacomCBS Lagged Returns
When evaluating ViacomCBS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ViacomCBS stock have on its future price. ViacomCBS 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, ViacomCBS autocorrelation shows the relationship between ViacomCBS stock current value and its past values and can show if there is a momentum factor associated with investing in ViacomCBS.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in ViacomCBS Stock
ViacomCBS financial ratios help investors to determine whether ViacomCBS 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 ViacomCBS with respect to the benefits of owning ViacomCBS security.