Sphere Entertainment (Germany) Market Value
| MQ2 Stock | 75.00 1.50 1.96% |
| Symbol | Sphere |
Please note, there is a significant difference between Sphere Entertainment's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sphere Entertainment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sphere Entertainment'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.
Sphere Entertainment '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 Sphere Entertainment'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 Sphere Entertainment.
| 12/13/2025 |
| 01/12/2026 |
If you would invest 0.00 in Sphere Entertainment on December 13, 2025 and sell it all today you would earn a total of 0.00 from holding Sphere Entertainment Co or generate 0.0% return on investment in Sphere Entertainment over 30 days. Sphere Entertainment is related to or competes with Eastman Chemical, PTT Global, Mitsubishi Gas, China BlueChemical, Quaker Chemical, TRI CHEMICAL, and Tri Pointe. More
Sphere Entertainment 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 Sphere Entertainment'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 Sphere Entertainment Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.96 | |||
| Information Ratio | 0.0569 | |||
| Maximum Drawdown | 16.56 | |||
| Value At Risk | (5.13) | |||
| Potential Upside | 5.63 |
Sphere Entertainment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sphere Entertainment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sphere Entertainment's standard deviation. In reality, there are many statistical measures that can use Sphere Entertainment historical prices to predict the future Sphere Entertainment's volatility.| Risk Adjusted Performance | 0.071 | |||
| Jensen Alpha | 0.3052 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | 0.0668 | |||
| Treynor Ratio | (1.20) |
Sphere Entertainment Backtested Returns
Sphere Entertainment appears to be very steady, given 3 months investment horizon. Sphere Entertainment owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0848, which indicates the firm had a 0.0848 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Sphere Entertainment Co, which you can use to evaluate the volatility of the company. Please review Sphere Entertainment's Semi Deviation of 2.44, coefficient of variation of 1178.73, and Risk Adjusted Performance of 0.071 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Sphere Entertainment holds a performance score of 6. The entity has a beta of -0.24, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Sphere Entertainment are expected to decrease at a much lower rate. During the bear market, Sphere Entertainment is likely to outperform the market. Please check Sphere Entertainment's jensen alpha, sortino ratio, and the relationship between the standard deviation and total risk alpha , to make a quick decision on whether Sphere Entertainment's existing price patterns will revert.
Auto-correlation | -0.85 |
Excellent reverse predictability
Sphere Entertainment Co has excellent reverse predictability. Overlapping area represents the amount of predictability between Sphere Entertainment time series from 13th of December 2025 to 28th of December 2025 and 28th of December 2025 to 12th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Sphere Entertainment price movement. The serial correlation of -0.85 indicates that around 85.0% of current Sphere Entertainment price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.85 | |
| Spearman Rank Test | -0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 1.94 |
Sphere Entertainment lagged returns against current returns
Autocorrelation, which is Sphere Entertainment 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 Sphere Entertainment's stock expected returns. We can calculate the autocorrelation of Sphere Entertainment returns to help us make a trade decision. For example, suppose you find that Sphere Entertainment 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 |
Sphere Entertainment 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 Sphere Entertainment stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sphere Entertainment stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sphere Entertainment stock over time.
Current vs Lagged Prices |
| Timeline |
Sphere Entertainment Lagged Returns
When evaluating Sphere Entertainment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sphere Entertainment stock have on its future price. Sphere Entertainment 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, Sphere Entertainment autocorrelation shows the relationship between Sphere Entertainment stock current value and its past values and can show if there is a momentum factor associated with investing in Sphere Entertainment Co.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Sphere Stock
When determining whether Sphere Entertainment is a strong investment it is important to analyze Sphere Entertainment's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Sphere Entertainment's future performance. For an informed investment choice regarding Sphere Stock, refer to the following important reports:Check out Sphere Entertainment Correlation, Sphere Entertainment Volatility and Sphere Entertainment Alpha and Beta module to complement your research on Sphere Entertainment. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Sphere Entertainment 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.