ELECTRONIC ARTS INC Market Value
| 285512AD1 | 100.12 0.31 0.31% |
| Symbol | ELECTRONIC |
ELECTRONIC '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 ELECTRONIC'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 ELECTRONIC.
| 02/18/2023 |
| 02/07/2025 |
If you would invest 0.00 in ELECTRONIC on February 18, 2023 and sell it all today you would earn a total of 0.00 from holding ELECTRONIC ARTS INC or generate 0.0% return on investment in ELECTRONIC over 720 days. ELECTRONIC is related to or competes with LB Foster, Genuine Parts, Asbury Automotive, CDW Corp, and Marimaca Copper. More
ELECTRONIC 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 ELECTRONIC'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 ELECTRONIC ARTS INC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2237 | |||
| Information Ratio | (0.39) | |||
| Maximum Drawdown | 1.47 | |||
| Value At Risk | (0.30) | |||
| Potential Upside | 0.3307 |
ELECTRONIC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ELECTRONIC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ELECTRONIC's standard deviation. In reality, there are many statistical measures that can use ELECTRONIC historical prices to predict the future ELECTRONIC's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.44) | |||
| Treynor Ratio | (0.51) |
ELECTRONIC ARTS INC Backtested Returns
At this point, ELECTRONIC is very steady. ELECTRONIC ARTS INC secures Sharpe Ratio (or Efficiency) of close to zero, which denotes the bond had a close to zero % return per unit of return volatility over the last 3 months. We have found twenty-seven technical indicators for ELECTRONIC ARTS INC, which you can use to evaluate the volatility of the entity. Please confirm ELECTRONIC's mean deviation of 0.1534, and Downside Deviation of 0.2237 to check if the risk estimate we provide is consistent with the expected return of 1.0E-4%. The bond shows a Beta (market volatility) of 0.0194, which means not very significant fluctuations relative to the market. As returns on the market increase, ELECTRONIC's returns are expected to increase less than the market. However, during the bear market, the loss of holding ELECTRONIC is expected to be smaller as well.
Auto-correlation | -0.55 |
Good reverse predictability
ELECTRONIC ARTS INC has good reverse predictability. Overlapping area represents the amount of predictability between ELECTRONIC time series from 18th of February 2023 to 13th of February 2024 and 13th of February 2024 to 7th 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 ELECTRONIC ARTS INC price movement. The serial correlation of -0.55 indicates that about 55.0% of current ELECTRONIC price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.55 | |
| Spearman Rank Test | 0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.21 |
ELECTRONIC ARTS INC lagged returns against current returns
Autocorrelation, which is ELECTRONIC 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 ELECTRONIC's bond expected returns. We can calculate the autocorrelation of ELECTRONIC returns to help us make a trade decision. For example, suppose you find that ELECTRONIC 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 |
ELECTRONIC 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 ELECTRONIC bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ELECTRONIC bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ELECTRONIC bond over time.
Current vs Lagged Prices |
| Timeline |
ELECTRONIC Lagged Returns
When evaluating ELECTRONIC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ELECTRONIC bond have on its future price. ELECTRONIC 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, ELECTRONIC autocorrelation shows the relationship between ELECTRONIC bond current value and its past values and can show if there is a momentum factor associated with investing in ELECTRONIC ARTS 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 ELECTRONIC Bond
ELECTRONIC financial ratios help investors to determine whether ELECTRONIC 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 ELECTRONIC with respect to the benefits of owning ELECTRONIC security.