Sinclair Television Group Market Value
| 829259AW0 | 86.65 2.48 2.78% |
| Symbol | Sinclair |
Sinclair '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 Sinclair'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 Sinclair.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Sinclair on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Sinclair Television Group or generate 0.0% return on investment in Sinclair over 30 days. Sinclair is related to or competes with Analog Devices, CapitaLand Investment, Fidus Investment, Montauk Renewables, ServiceNow, Presidio Property, and Comstock Holding. More
Sinclair 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 Sinclair'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 Sinclair Television Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 13.59 | |||
| Value At Risk | (2.07) | |||
| Potential Upside | 1.74 |
Sinclair Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sinclair's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sinclair's standard deviation. In reality, there are many statistical measures that can use Sinclair historical prices to predict the future Sinclair's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.36) | |||
| Treynor Ratio | 0.3034 |
Sinclair Television Backtested Returns
At this point, Sinclair is very steady. Sinclair Television owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0496, which indicates the bond had a 0.0496% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Sinclair Television Group, which you can use to evaluate the volatility of the bond. Please validate Sinclair's Risk Adjusted Performance of (0.01), variance of 4.08, and Coefficient Of Variation of (4,687) to confirm if the risk estimate we provide is consistent with the expected return of 0.0528%. The entity has a beta of -0.17, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Sinclair are expected to decrease at a much lower rate. During the bear market, Sinclair is likely to outperform the market.
Auto-correlation | -0.15 |
Insignificant reverse predictability
Sinclair Television Group has insignificant reverse predictability. Overlapping area represents the amount of predictability between Sinclair 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 Sinclair Television price movement. The serial correlation of -0.15 indicates that less than 15.0% of current Sinclair price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.15 | |
| Spearman Rank Test | 0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 0.58 |
Sinclair Television lagged returns against current returns
Autocorrelation, which is Sinclair 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 Sinclair's bond expected returns. We can calculate the autocorrelation of Sinclair returns to help us make a trade decision. For example, suppose you find that Sinclair 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 |
Sinclair 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 Sinclair bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sinclair bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sinclair bond over time.
Current vs Lagged Prices |
| Timeline |
Sinclair Lagged Returns
When evaluating Sinclair's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sinclair bond have on its future price. Sinclair 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, Sinclair autocorrelation shows the relationship between Sinclair bond current value and its past values and can show if there is a momentum factor associated with investing in Sinclair Television Group.
Regressed Prices |
| Timeline |
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Sinclair financial ratios help investors to determine whether Sinclair 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 Sinclair with respect to the benefits of owning Sinclair security.