Sportradar Group Ag Stock Market Value
| SRAD Stock | USD 17.13 0.07 0.41% |
| Symbol | Sportradar |
Sportradar Group Price To Book Ratio
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sportradar Group. If investors know Sportradar will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sportradar Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.364 | Earnings Share 0.14 | Revenue Per Share 3.506 | Quarterly Revenue Growth 0.269 | Return On Assets 0.0373 |
The market value of Sportradar Group is measured differently than its book value, which is the value of Sportradar that is recorded on the company's balance sheet. Investors also form their own opinion of Sportradar Group's value that differs from its market value or its book value, called intrinsic value, which is Sportradar Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sportradar Group's market value can be influenced by many factors that don't directly affect Sportradar Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sportradar Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sportradar Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sportradar Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Sportradar 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 Sportradar 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 Sportradar Group.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Sportradar Group on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Sportradar Group AG or generate 0.0% return on investment in Sportradar Group over 30 days. Sportradar Group is related to or competes with Paycor HCM, Clearwater Analytics, Procore Technologies, Alkami Technology, Meridianlink, CoreCard Corp, and Appfolio. Sportradar Group AG, together with its subsidiaries, provides sports data services for the sports betting and media indu... More
Sportradar 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 Sportradar 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 Sportradar Group AG upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.62 | |||
| Information Ratio | 0.1831 | |||
| Maximum Drawdown | 16.47 | |||
| Value At Risk | (2.37) | |||
| Potential Upside | 4.29 |
Sportradar Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sportradar Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sportradar Group's standard deviation. In reality, there are many statistical measures that can use Sportradar Group historical prices to predict the future Sportradar Group's volatility.| Risk Adjusted Performance | 0.1837 | |||
| Jensen Alpha | 0.5226 | |||
| Total Risk Alpha | 0.2017 | |||
| Sortino Ratio | 0.3001 | |||
| Treynor Ratio | 0.8833 |
Sportradar Group Backtested Returns
Sportradar Group appears to be not too volatile, given 3 months investment horizon. Sportradar Group owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.24, which indicates the firm had a 0.24% return per unit of risk over the last 3 months. By inspecting Sportradar Group's technical indicators, you can evaluate if the expected return of 0.64% is justified by implied risk. Please review Sportradar Group's Coefficient Of Variation of 434.03, risk adjusted performance of 0.1837, and Semi Deviation of 1.18 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Sportradar Group holds a performance score of 18. The entity has a beta of 0.68, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Sportradar Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sportradar Group is expected to be smaller as well. Please check Sportradar Group's expected short fall, day median price, and the relationship between the potential upside and accumulation distribution , to make a quick decision on whether Sportradar Group's existing price patterns will revert.
Auto-correlation | -0.15 |
Insignificant reverse predictability
Sportradar Group AG has insignificant reverse predictability. Overlapping area represents the amount of predictability between Sportradar Group time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 Sportradar Group price movement. The serial correlation of -0.15 indicates that less than 15.0% of current Sportradar Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.15 | |
| Spearman Rank Test | 0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Sportradar Group lagged returns against current returns
Autocorrelation, which is Sportradar 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 Sportradar Group's stock expected returns. We can calculate the autocorrelation of Sportradar Group returns to help us make a trade decision. For example, suppose you find that Sportradar 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 |
Sportradar 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 Sportradar Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sportradar Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sportradar Group stock over time.
Current vs Lagged Prices |
| Timeline |
Sportradar Group Lagged Returns
When evaluating Sportradar Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sportradar Group stock have on its future price. Sportradar 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, Sportradar Group autocorrelation shows the relationship between Sportradar Group stock current value and its past values and can show if there is a momentum factor associated with investing in Sportradar Group AG.
Regressed Prices |
| Timeline |
Also Currently Popular
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.When determining whether Sportradar Group is a strong investment it is important to analyze Sportradar Group's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Sportradar Group's future performance. For an informed investment choice regarding Sportradar Stock, refer to the following important reports:Check out Sportradar Group Correlation, Sportradar Group Volatility and Sportradar Group Alpha and Beta module to complement your research on Sportradar Group. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Sportradar 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.