Sony (Brazil) Market Value
| SNEC34 Stock | BRL 137.44 4.48 3.37% |
| Symbol | Sony |
Sony '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 Sony'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 Sony.
| 01/17/2025 |
| 02/16/2025 |
If you would invest 0.00 in Sony on January 17, 2025 and sell it all today you would earn a total of 0.00 from holding Sony Group or generate 0.0% return on investment in Sony over 30 days. Sony is related to or competes with Waste Management, New Oriental, Iron Mountain, and United States. More
Sony 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 Sony'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 Sony Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.8 | |||
| Information Ratio | 0.1992 | |||
| Maximum Drawdown | 13.49 | |||
| Value At Risk | (2.70) | |||
| Potential Upside | 3.57 |
Sony Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sony's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sony's standard deviation. In reality, there are many statistical measures that can use Sony historical prices to predict the future Sony's volatility.| Risk Adjusted Performance | 0.1514 | |||
| Jensen Alpha | 0.4339 | |||
| Total Risk Alpha | 0.4307 | |||
| Sortino Ratio | 0.2409 | |||
| Treynor Ratio | 2.27 |
Sony Group Backtested Returns
Sony appears to be very steady, given 3 months investment horizon. Sony Group owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.22, which indicates the firm had a 0.22 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Sony Group, which you can use to evaluate the volatility of the company. Please review Sony's Risk Adjusted Performance of 0.1514, coefficient of variation of 489.53, and Semi Deviation of 1.45 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Sony holds a performance score of 17. The entity has a beta of 0.19, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Sony's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sony is expected to be smaller as well. Please check Sony's treynor ratio, value at risk, and the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether Sony's existing price patterns will revert.
Auto-correlation | 0.59 |
Modest predictability
Sony Group has modest predictability. Overlapping area represents the amount of predictability between Sony time series from 17th of January 2025 to 1st of February 2025 and 1st of February 2025 to 16th of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Sony Group price movement. The serial correlation of 0.59 indicates that roughly 59.0% of current Sony price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.59 | |
| Spearman Rank Test | 0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 11.67 |
Sony Group lagged returns against current returns
Autocorrelation, which is Sony 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 Sony's stock expected returns. We can calculate the autocorrelation of Sony returns to help us make a trade decision. For example, suppose you find that Sony 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 |
Sony 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 Sony stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sony stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sony stock over time.
Current vs Lagged Prices |
| Timeline |
Sony Lagged Returns
When evaluating Sony's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sony stock have on its future price. Sony 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, Sony autocorrelation shows the relationship between Sony stock current value and its past values and can show if there is a momentum factor associated with investing in Sony Group.
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.Other Information on Investing in Sony Stock
Sony financial ratios help investors to determine whether Sony 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 Sony with respect to the benefits of owning Sony security.