ACTIVISION BLIZZARD INC Market Value
| 00507VAQ2 | 58.75 4.35 8.00% |
| Symbol | ACTIVISION |
ACTIVISION '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 ACTIVISION's bond 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 ACTIVISION.
| 12/12/2022 |
| 12/01/2024 |
If you would invest 0.00 in ACTIVISION on December 12, 2022 and sell it all today you would earn a total of 0.00 from holding ACTIVISION BLIZZARD INC or generate 0.0% return on investment in ACTIVISION over 720 days. ACTIVISION is related to or competes with 00108WAF7, 90331HPL1, Bank of America, GE Aerospace, Dupont De, International Business, and McDonalds. More
ACTIVISION 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 ACTIVISION's bond 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 ACTIVISION BLIZZARD INC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.92 | |||
| Information Ratio | 0.0044 | |||
| Maximum Drawdown | 26.99 | |||
| Value At Risk | (4.49) | |||
| Potential Upside | 3.61 |
ACTIVISION Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ACTIVISION's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ACTIVISION's standard deviation. In reality, there are many statistical measures that can use ACTIVISION historical prices to predict the future ACTIVISION's volatility.| Risk Adjusted Performance | 0.0415 | |||
| Jensen Alpha | 0.05 | |||
| Total Risk Alpha | (0.44) | |||
| Sortino Ratio | 0.0052 | |||
| Treynor Ratio | 0.1963 |
ACTIVISION BLIZZARD INC Backtested Returns
At this point, ACTIVISION is very steady. ACTIVISION BLIZZARD INC secures Sharpe Ratio (or Efficiency) of 0.0355, which signifies that the bond had a 0.0355% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for ACTIVISION BLIZZARD INC, which you can use to evaluate the volatility of the entity. Please confirm ACTIVISION's Coefficient Of Variation of 2267.83, mean deviation of 2.02, and Semi Deviation of 2.76 to double-check if the risk estimate we provide is consistent with the expected return of 0.0715%. The entity shows a Beta (market volatility) of 0.73, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, ACTIVISION's returns are expected to increase less than the market. However, during the bear market, the loss of holding ACTIVISION is expected to be smaller as well.
Auto-correlation | -0.14 |
Insignificant reverse predictability
ACTIVISION BLIZZARD INC has insignificant reverse predictability. Overlapping area represents the amount of predictability between ACTIVISION time series from 12th of December 2022 to 7th of December 2023 and 7th of December 2023 to 1st of December 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 ACTIVISION BLIZZARD INC price movement. The serial correlation of -0.14 indicates that less than 14.0% of current ACTIVISION price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.14 | |
| Spearman Rank Test | 0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 6.99 |
ACTIVISION BLIZZARD INC lagged returns against current returns
Autocorrelation, which is ACTIVISION bond'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 ACTIVISION's bond expected returns. We can calculate the autocorrelation of ACTIVISION returns to help us make a trade decision. For example, suppose you find that ACTIVISION has exhibited high autocorrelation historically, and you observe that the bond 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 |
ACTIVISION 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 ACTIVISION bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ACTIVISION bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ACTIVISION bond over time.
Current vs Lagged Prices |
| Timeline |
ACTIVISION Lagged Returns
When evaluating ACTIVISION's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ACTIVISION bond have on its future price. ACTIVISION 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, ACTIVISION autocorrelation shows the relationship between ACTIVISION bond current value and its past values and can show if there is a momentum factor associated with investing in ACTIVISION BLIZZARD INC.
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.Other Information on Investing in ACTIVISION Bond
ACTIVISION financial ratios help investors to determine whether ACTIVISION Bond 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 ACTIVISION with respect to the benefits of owning ACTIVISION security.