Sony Group (Germany) Market Value
| SONA Stock | EUR 17.30 0.30 1.70% |
| 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.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in Sony Group on December 3, 2022 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 Group over 720 days. Sony Group is related to or competes with Amazon, Microsoft, Tesla, and Alphabet. Sony Corporation designs, develops, produces, and sells electronic equipment, instruments, and devices for the consumer,... 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 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.28 | |||
| Information Ratio | 0.0124 | |||
| Maximum Drawdown | 18.78 | |||
| Value At Risk | (3.33) | |||
| Potential Upside | 3.7 |
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 | 0.0484 | |||
| Jensen Alpha | 0.0757 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | 0.0142 | |||
| Treynor Ratio | 0.2333 |
Sony Group Backtested Returns
At this point, Sony Group is not too volatile. Sony Group owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0441, which indicates the firm had a 0.0441% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Sony Group, which you can use to evaluate the volatility of the company. Please validate Sony Group's Semi Deviation of 1.88, coefficient of variation of 1848.35, and Risk Adjusted Performance of 0.0484 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%. Sony Group has a performance score of 3 on a scale of 0 to 100. The entity has a beta of 0.57, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Sony Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sony Group is expected to be smaller as well. Sony Group right now has a risk of 2.66%. Please validate Sony Group total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to decide if Sony Group will be following its existing price patterns.
Auto-correlation | -0.3 |
Weak reverse predictability
Sony Group has weak reverse predictability. Overlapping area represents the amount of predictability between Sony Group time series from 3rd of December 2022 to 28th of November 2023 and 28th of November 2023 to 22nd 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 price movement. The serial correlation of -0.3 indicates that nearly 30.0% of current Sony Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.3 | |
| Spearman Rank Test | 0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.79 |
Sony Group 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 |
| Timeline |
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.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Sony Stock
Sony Group 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 Group security.