Tko Group Holdings, Stock Market Value
| TKO Stock | 136.89 4.10 3.09% |
| Symbol | TKO |
TKO Group Holdings, Price To Book Ratio
Is Movies & Entertainment 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 TKO Group. If investors know TKO 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 TKO 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 (0.24) | Earnings Share (0.44) | Revenue Per Share 34.069 | Quarterly Revenue Growth 0.517 | Return On Assets 0.012 |
The market value of TKO Group Holdings, is measured differently than its book value, which is the value of TKO that is recorded on the company's balance sheet. Investors also form their own opinion of TKO Group's value that differs from its market value or its book value, called intrinsic value, which is TKO 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 TKO Group's market value can be influenced by many factors that don't directly affect TKO 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 TKO Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if TKO Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TKO 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.
TKO 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 TKO 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 TKO Group.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in TKO Group on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding TKO Group Holdings, or generate 0.0% return on investment in TKO Group over 30 days. TKO Group is related to or competes with Dave Busters, Capital Clean, Where Food, Hf Foods, Wendys, and Dalata Hotel. TKO Group is entity of United States. It is traded as Stock on NYSE exchange. More
TKO 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 TKO 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 TKO Group Holdings, upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.93 | |||
| Information Ratio | 0.0496 | |||
| Maximum Drawdown | 11.95 | |||
| Value At Risk | (1.95) | |||
| Potential Upside | 2.14 |
TKO Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TKO Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TKO Group's standard deviation. In reality, there are many statistical measures that can use TKO Group historical prices to predict the future TKO Group's volatility.| Risk Adjusted Performance | 0.0835 | |||
| Jensen Alpha | 0.12 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.0458 | |||
| Treynor Ratio | 0.2759 |
TKO Group Holdings, Backtested Returns
TKO Group appears to be very steady, given 3 months investment horizon. TKO Group Holdings, owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the firm had a 0.14% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for TKO Group Holdings,, which you can use to evaluate the volatility of the company. Please review TKO Group's risk adjusted performance of 0.0835, and Coefficient Of Variation of 969.75 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, TKO Group holds a performance score of 11. The entity has a beta of 0.63, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, TKO Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding TKO Group is expected to be smaller as well. Please check TKO Group's value at risk, as well as the relationship between the skewness and day median price , to make a quick decision on whether TKO Group's existing price patterns will revert.
Auto-correlation | 0.25 |
Poor predictability
TKO Group Holdings, has poor predictability. Overlapping area represents the amount of predictability between TKO Group time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 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 TKO Group Holdings, price movement. The serial correlation of 0.25 indicates that over 25.0% of current TKO Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.25 | |
| Spearman Rank Test | 0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 46.93 |
TKO Group Holdings, lagged returns against current returns
Autocorrelation, which is TKO 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 TKO Group's stock expected returns. We can calculate the autocorrelation of TKO Group returns to help us make a trade decision. For example, suppose you find that TKO 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 |
TKO 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 TKO Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TKO Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TKO Group stock over time.
Current vs Lagged Prices |
| Timeline |
TKO Group Lagged Returns
When evaluating TKO Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TKO Group stock have on its future price. TKO 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, TKO Group autocorrelation shows the relationship between TKO Group stock current value and its past values and can show if there is a momentum factor associated with investing in TKO Group Holdings,.
Regressed Prices |
| Timeline |
Pair Trading with TKO Group
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if TKO Group position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in TKO Group will appreciate offsetting losses from the drop in the long position's value.Moving against TKO Stock
| 0.57 | EEX | Emerald Expositions | PairCorr |
| 0.53 | IAS | Integral Ad Science | PairCorr |
| 0.41 | ADV | Advantage Solutions | PairCorr |
| 0.37 | KUKE | Kuke Music Holding | PairCorr |
| 0.31 | DRCT | Direct Digital Holdings | PairCorr |
The ability to find closely correlated positions to TKO Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TKO Group when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back TKO Group - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling TKO Group Holdings, to buy it.
The correlation of TKO Group is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as TKO Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TKO Group Holdings, moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for TKO Group can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out TKO Group Correlation, TKO Group Volatility and TKO Group Alpha and Beta module to complement your research on TKO Group. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
TKO 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.