Sony Group (Germany) Market Value
| SON1 Stock | EUR 18.49 0.19 1.04% |
| Symbol | Sony |
Sony 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 Sony 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 Sony Group.
| 12/07/2022 |
| 11/26/2024 |
If you would invest 0.00 in Sony Group on December 7, 2022 and sell it all today you would earn a total of 0.00 from holding Sony Group Corp or generate 0.0% return on investment in Sony Group over 720 days. Sony Group is related to or competes with CHINA EDUCATION, IDP EDUCATION, G8 EDUCATION, SEI INVESTMENTS, Xinhua Winshare, EEDUCATION ALBERT, and EMBARK EDUCATION. Sony Group Corporation designs, develops, produces, and sells electronic equipment, instruments, and devices for the con... More
Sony 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 Sony 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 Sony Group Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.67 | |||
| Information Ratio | 0.1237 | |||
| Maximum Drawdown | 136.53 | |||
| Value At Risk | (2.51) | |||
| Potential Upside | 3.15 |
Sony Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sony Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sony Group's standard deviation. In reality, there are many statistical measures that can use Sony Group historical prices to predict the future Sony Group's volatility.| Risk Adjusted Performance | 0.1104 | |||
| Jensen Alpha | 2.02 | |||
| Total Risk Alpha | (0.44) | |||
| Sortino Ratio | 1.23 | |||
| Treynor Ratio | 1.73 |
Sony Group Corp Backtested Returns
Sony Group is unstable given 3 months investment horizon. Sony 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-seven different technical indicators, which can help you to evaluate if expected returns of 2.19% are justified by taking the suggested risk. Use Sony Group Corp Downside Deviation of 1.67, standard deviation of 16.58, and Risk Adjusted Performance of 0.1104 to evaluate company specific risk that cannot be diversified away. Sony Group holds a performance score of 10 on a scale of zero to a hundred. The entity has a beta of 1.25, 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, Sony Group will likely underperform. Use Sony Group Corp maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to analyze future returns on Sony Group Corp.
Auto-correlation | 0.19 |
Very weak predictability
Sony Group Corp has very weak predictability. Overlapping area represents the amount of predictability between Sony Group time series from 7th of December 2022 to 2nd of December 2023 and 2nd of December 2023 to 26th 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 Sony Group Corp price movement. The serial correlation of 0.19 indicates that over 19.0% of current Sony Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.19 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 14.57 |
Sony Group Corp lagged returns against current returns
Autocorrelation, which is Sony 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 Sony Group's stock expected returns. We can calculate the autocorrelation of Sony Group returns to help us make a trade decision. For example, suppose you find that Sony 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 |
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Sony 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 Sony Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sony Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sony Group stock over time.
Current vs Lagged Prices |
| Timeline |
Sony Group Lagged Returns
When evaluating Sony Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sony Group stock have on its future price. Sony 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, Sony Group autocorrelation shows the relationship between Sony Group stock current value and its past values and can show if there is a momentum factor associated with investing in Sony Group Corp.
Regressed Prices |
| Timeline |
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Additional Information and Resources on Investing in Sony Stock
When determining whether Sony Group Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sony Group's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sony Group Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sony Group Corp Stock:Check out Sony Group Correlation, Sony Group Volatility and Sony Group Alpha and Beta module to complement your research on Sony Group. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Sony Group 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.