SoftBank Group (Germany) Market Value
| SFT Stock | EUR 53.24 0.91 1.74% |
| Symbol | SoftBank |
SoftBank Group '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 SoftBank Group'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 SoftBank Group.
| 11/30/2023 |
| 11/24/2024 |
If you would invest 0.00 in SoftBank Group on November 30, 2023 and sell it all today you would earn a total of 0.00 from holding SoftBank Group Corp or generate 0.0% return on investment in SoftBank Group over 360 days. SoftBank Group is related to or competes with Tencent Holdings, BYD Company, Geely Automobile, and Baidu. SoftBank Group Corp. provides telecommunication services in Japan and internationally More
SoftBank Group 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 SoftBank Group'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 SoftBank Group Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.34 | |||
| Information Ratio | 0.1102 | |||
| Maximum Drawdown | 66.11 | |||
| Value At Risk | (3.37) | |||
| Potential Upside | 4.18 |
SoftBank Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SoftBank Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SoftBank Group's standard deviation. In reality, there are many statistical measures that can use SoftBank Group historical prices to predict the future SoftBank Group's volatility.| Risk Adjusted Performance | 0.1065 | |||
| Jensen Alpha | 0.7955 | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | 0.3639 | |||
| Treynor Ratio | 0.6641 |
SoftBank Group Corp Backtested Returns
SoftBank Group is not too volatile given 3 months investment horizon. SoftBank Group Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the firm had a 0.13% return per unit of risk over the last 3 months. We were able to interpolate twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.03% are justified by taking the suggested risk. Use SoftBank Group Corp Coefficient Of Variation of 786.42, risk adjusted performance of 0.1065, and Semi Deviation of 1.85 to evaluate company specific risk that cannot be diversified away. SoftBank Group holds a performance score of 10 on a scale of zero to a hundred. The entity has a beta of 1.46, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, SoftBank Group will likely underperform. Use SoftBank Group Corp standard deviation, treynor ratio, downside variance, as well as the relationship between the total risk alpha and value at risk , to analyze future returns on SoftBank Group Corp.
Auto-correlation | 0.69 |
Good predictability
SoftBank Group Corp has good predictability. Overlapping area represents the amount of predictability between SoftBank Group time series from 30th of November 2023 to 28th of May 2024 and 28th of May 2024 to 24th 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 SoftBank Group Corp price movement. The serial correlation of 0.69 indicates that around 69.0% of current SoftBank Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.69 | |
| Spearman Rank Test | 0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 102.09 |
SoftBank Group Corp lagged returns against current returns
Autocorrelation, which is SoftBank Group 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 SoftBank Group's stock expected returns. We can calculate the autocorrelation of SoftBank Group returns to help us make a trade decision. For example, suppose you find that SoftBank Group 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 |
SoftBank Group 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 SoftBank Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SoftBank Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SoftBank Group stock over time.
Current vs Lagged Prices |
| Timeline |
SoftBank Group Lagged Returns
When evaluating SoftBank Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SoftBank Group stock have on its future price. SoftBank Group 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, SoftBank Group autocorrelation shows the relationship between SoftBank Group stock current value and its past values and can show if there is a momentum factor associated with investing in SoftBank Group Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in SoftBank Stock
SoftBank Group financial ratios help investors to determine whether SoftBank 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 SoftBank with respect to the benefits of owning SoftBank Group security.