Media (Germany) Market Value
| M8G Stock | 4.09 0.01 0.25% |
| Symbol | Media |
Media '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 Media'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 Media.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Media on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Media and Games or generate 0.0% return on investment in Media over 30 days. Media is related to or competes with Superior Plus, NMI Holdings, Origin Agritech, SIVERS SEMICONDUCTORS, Talanx AG, NorAm Drilling, and Identiv. More
Media 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 Media'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 Media and Games upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.98 | |||
| Information Ratio | 0.1147 | |||
| Maximum Drawdown | 15.99 | |||
| Value At Risk | (4.88) | |||
| Potential Upside | 5.74 |
Media Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Media's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Media's standard deviation. In reality, there are many statistical measures that can use Media historical prices to predict the future Media's volatility.| Risk Adjusted Performance | 0.1259 | |||
| Jensen Alpha | 0.4848 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.1239 | |||
| Treynor Ratio | 22.36 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Media'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.
Media and Games Backtested Returns
Media appears to be relatively risky, given 3 months investment horizon. Media and Games has Sharpe Ratio of 0.17, which conveys that the firm had a 0.17% return per unit of risk over the last 3 months. By analyzing Media's technical indicators, you can evaluate if the expected return of 0.54% is justified by implied risk. Please exercise Media's Mean Deviation of 2.55, risk adjusted performance of 0.1259, and Downside Deviation of 2.98 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Media holds a performance score of 13. The company secures a Beta (Market Risk) of 0.0218, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Media's returns are expected to increase less than the market. However, during the bear market, the loss of holding Media is expected to be smaller as well. Please check Media's information ratio, downside variance, day median price, as well as the relationship between the treynor ratio and kurtosis , to make a quick decision on whether Media's current price movements will revert.
Auto-correlation | 0.41 |
Average predictability
Media and Games has average predictability. Overlapping area represents the amount of predictability between Media time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 Media and Games price movement. The serial correlation of 0.41 indicates that just about 41.0% of current Media price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.41 | |
| Spearman Rank Test | -0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Media and Games lagged returns against current returns
Autocorrelation, which is Media 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 Media's stock expected returns. We can calculate the autocorrelation of Media returns to help us make a trade decision. For example, suppose you find that Media 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 |
Media 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 Media stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Media stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Media stock over time.
Current vs Lagged Prices |
| Timeline |
Media Lagged Returns
When evaluating Media's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Media stock have on its future price. Media 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, Media autocorrelation shows the relationship between Media stock current value and its past values and can show if there is a momentum factor associated with investing in Media and Games.
Regressed Prices |
| Timeline |
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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.Additional Tools for Media Stock Analysis
When running Media's price analysis, check to measure Media'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 Media is operating at the current time. Most of Media's value examination focuses on studying past and present price action to predict the probability of Media's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Media's price. Additionally, you may evaluate how the addition of Media to your portfolios can decrease your overall portfolio volatility.