Softbank Group Corp Stock Market Value
| SFTBF Stock | USD 53.99 0.01 0.02% |
| 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 pink sheet 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.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Softbank Group on October 26, 2024 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 30 days. Softbank Group is related to or competes with SoftBank Corp, Orange SA, Charter Communications, Cable One, Airtel Africa, BCE, and Singapore Telecommunicatio. 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 pink sheet 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.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 14.86 | |||
| Value At Risk | (5.29) | |||
| Potential Upside | 5.57 |
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) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.57) | |||
| Treynor Ratio | 0.2277 |
Softbank Group Corp Backtested Returns
Softbank Group Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0203, which indicates the firm had a -0.0203% return per unit of risk over the last 3 months. Softbank Group Corp exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Softbank Group's Coefficient Of Variation of (7,443), variance of 10.78, and insignificant Risk Adjusted Performance to confirm the risk estimate we provide. 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 Softbank Group are expected to decrease at a much lower rate. During the bear market, Softbank Group is likely to outperform the market. At this point, Softbank Group Corp has a negative expected return of -0.066%. Please make sure to validate Softbank Group's total risk alpha, daily balance of power, relative strength index, as well as the relationship between the potential upside and day typical price , to decide if Softbank Group Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.39 |
Poor reverse predictability
Softbank Group Corp has poor reverse predictability. Overlapping area represents the amount of predictability between Softbank Group 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 Softbank Group Corp price movement. The serial correlation of -0.39 indicates that just about 39.0% of current Softbank Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.39 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 6.12 |
Softbank Group Corp lagged returns against current returns
Autocorrelation, which is Softbank Group pink sheet'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 pink sheet 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 pink sheet 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 pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Softbank Group pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Softbank Group pink sheet 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 pink sheet 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 pink sheet 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 Pink Sheet
Softbank Group financial ratios help investors to determine whether Softbank Pink Sheet 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.