Television Broadcasts Stock Market Value
| TVBCY Stock | USD 0.74 0.01 1.37% |
| Symbol | Television |
Television Broadcasts '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 Television Broadcasts' pink sheet 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 Television Broadcasts.
| 01/02/2025 |
| 02/01/2025 |
If you would invest 0.00 in Television Broadcasts on January 2, 2025 and sell it all today you would earn a total of 0.00 from holding Television Broadcasts or generate 0.0% return on investment in Television Broadcasts over 30 days. Television Broadcasts is related to or competes with Fubotv, Saga Communications, Cumulus Media, Curiositystream, Tegna, IHeartMedia, and Gray Television. Television Broadcasts Limited, together with its subsidiaries, engages in terrestrial television broadcasting, program p... More
Television Broadcasts 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 Television Broadcasts' pink sheet 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 Television Broadcasts upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 12.93 | |||
| Potential Upside | 1.37 |
Television Broadcasts Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Television Broadcasts' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Television Broadcasts' standard deviation. In reality, there are many statistical measures that can use Television Broadcasts historical prices to predict the future Television Broadcasts' volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.36) | |||
| Treynor Ratio | (0.81) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Television Broadcasts' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Television Broadcasts Backtested Returns
Television Broadcasts owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.1, which indicates the firm had a -0.1 % return per unit of risk over the last 3 months. Television Broadcasts exposes twenty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Television Broadcasts' Variance of 3.86, risk adjusted performance of (0.08), and Coefficient Of Variation of (1,036) to confirm the risk estimate we provide. The entity has a beta of 0.25, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Television Broadcasts' returns are expected to increase less than the market. However, during the bear market, the loss of holding Television Broadcasts is expected to be smaller as well. At this point, Television Broadcasts has a negative expected return of -0.21%. Please make sure to validate Television Broadcasts' information ratio and daily balance of power , to decide if Television Broadcasts performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.45 |
Modest reverse predictability
Television Broadcasts has modest reverse predictability. Overlapping area represents the amount of predictability between Television Broadcasts time series from 2nd of January 2025 to 17th of January 2025 and 17th of January 2025 to 1st 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 Television Broadcasts price movement. The serial correlation of -0.45 indicates that just about 45.0% of current Television Broadcasts price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.45 | |
| Spearman Rank Test | 0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Television Broadcasts lagged returns against current returns
Autocorrelation, which is Television Broadcasts pink sheet'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 Television Broadcasts' pink sheet expected returns. We can calculate the autocorrelation of Television Broadcasts returns to help us make a trade decision. For example, suppose you find that Television Broadcasts has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Television Broadcasts 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 Television Broadcasts pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Television Broadcasts pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Television Broadcasts pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Television Broadcasts Lagged Returns
When evaluating Television Broadcasts' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Television Broadcasts pink sheet have on its future price. Television Broadcasts 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, Television Broadcasts autocorrelation shows the relationship between Television Broadcasts pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Television Broadcasts.
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.Additional Tools for Television Pink Sheet Analysis
When running Television Broadcasts' price analysis, check to measure Television Broadcasts' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Television Broadcasts is operating at the current time. Most of Television Broadcasts' value examination focuses on studying past and present price action to predict the probability of Television Broadcasts' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Television Broadcasts' price. Additionally, you may evaluate how the addition of Television Broadcasts to your portfolios can decrease your overall portfolio volatility.