PROSIEBENSAT1 MEDIADR4/ (Germany) Market Value
| PSMA Stock | 1.15 0.03 2.54% |
| Symbol | PROSIEBENSAT1 |
Please note, there is a significant difference between PROSIEBENSAT1 MEDIADR4/'s value and its price as these two are different measures arrived at by different means. Investors typically determine if PROSIEBENSAT1 MEDIADR4/ is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PROSIEBENSAT1 MEDIADR4/'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.
PROSIEBENSAT1 MEDIADR4/ '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 PROSIEBENSAT1 MEDIADR4/'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 PROSIEBENSAT1 MEDIADR4/.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in PROSIEBENSAT1 MEDIADR4/ on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding PROSIEBENSAT1 MEDIADR4 or generate 0.0% return on investment in PROSIEBENSAT1 MEDIADR4/ over 30 days. PROSIEBENSAT1 MEDIADR4/ is related to or competes with Apple, Apple, Apple, Apple, Apple, Microsoft, and Microsoft. More
PROSIEBENSAT1 MEDIADR4/ 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 PROSIEBENSAT1 MEDIADR4/'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 PROSIEBENSAT1 MEDIADR4 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 11.47 | |||
| Value At Risk | (3.28) | |||
| Potential Upside | 2.74 |
PROSIEBENSAT1 MEDIADR4/ Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PROSIEBENSAT1 MEDIADR4/'s investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PROSIEBENSAT1 MEDIADR4/'s standard deviation. In reality, there are many statistical measures that can use PROSIEBENSAT1 MEDIADR4/ historical prices to predict the future PROSIEBENSAT1 MEDIADR4/'s volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.62) | |||
| Treynor Ratio | 0.5372 |
PROSIEBENSAT1 MEDIADR4/ Backtested Returns
PROSIEBENSAT1 MEDIADR4/ maintains Sharpe Ratio (i.e., Efficiency) of -0.14, which implies the firm had a -0.14% return per unit of volatility over the last 3 months. PROSIEBENSAT1 MEDIADR4/ exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PROSIEBENSAT1 MEDIADR4/'s risk adjusted performance of (0.09), and Coefficient Of Variation of (771.55) to confirm the risk estimate we provide. The company holds a Beta of -0.53, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning PROSIEBENSAT1 MEDIADR4/ are expected to decrease at a much lower rate. During the bear market, PROSIEBENSAT1 MEDIADR4/ is likely to outperform the market. At this point, PROSIEBENSAT1 MEDIADR4/ has a negative expected return of -0.3%. Please make sure to check PROSIEBENSAT1 MEDIADR4/'s potential upside, kurtosis, and the relationship between the value at risk and skewness , to decide if PROSIEBENSAT1 MEDIADR4/ performance from the past will be repeated at some future point.
Auto-correlation | 0.67 |
Good predictability
PROSIEBENSAT1 MEDIADR4 has good predictability. Overlapping area represents the amount of predictability between PROSIEBENSAT1 MEDIADR4/ time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 PROSIEBENSAT1 MEDIADR4/ price movement. The serial correlation of 0.67 indicates that around 67.0% of current PROSIEBENSAT1 MEDIADR4/ price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.67 | |
| Spearman Rank Test | 0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
PROSIEBENSAT1 MEDIADR4/ lagged returns against current returns
Autocorrelation, which is PROSIEBENSAT1 MEDIADR4/ 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 PROSIEBENSAT1 MEDIADR4/'s stock expected returns. We can calculate the autocorrelation of PROSIEBENSAT1 MEDIADR4/ returns to help us make a trade decision. For example, suppose you find that PROSIEBENSAT1 MEDIADR4/ 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 |
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PROSIEBENSAT1 MEDIADR4/ 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 PROSIEBENSAT1 MEDIADR4/ stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PROSIEBENSAT1 MEDIADR4/ stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PROSIEBENSAT1 MEDIADR4/ stock over time.
Current vs Lagged Prices |
| Timeline |
PROSIEBENSAT1 MEDIADR4/ Lagged Returns
When evaluating PROSIEBENSAT1 MEDIADR4/'s market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PROSIEBENSAT1 MEDIADR4/ stock have on its future price. PROSIEBENSAT1 MEDIADR4/ 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, PROSIEBENSAT1 MEDIADR4/ autocorrelation shows the relationship between PROSIEBENSAT1 MEDIADR4/ stock current value and its past values and can show if there is a momentum factor associated with investing in PROSIEBENSAT1 MEDIADR4.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in PROSIEBENSAT1 Stock
PROSIEBENSAT1 MEDIADR4/ financial ratios help investors to determine whether PROSIEBENSAT1 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 PROSIEBENSAT1 with respect to the benefits of owning PROSIEBENSAT1 MEDIADR4/ security.