VIACOM INC 7875 Market Value
| 925524AH3 | 101.65 8.09 7.37% |
| Symbol | VIACOM |
VIACOM '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 VIACOM'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 VIACOM.
| 08/31/2024 |
| 11/29/2024 |
If you would invest 0.00 in VIACOM on August 31, 2024 and sell it all today you would earn a total of 0.00 from holding VIACOM INC 7875 or generate 0.0% return on investment in VIACOM over 90 days. VIACOM is related to or competes with Morgan Stanley, Stepstone, Deluxe, Papaya Growth, Marchex, Dolphin Entertainment, and Boston Omaha. More
VIACOM 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 VIACOM'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 VIACOM INC 7875 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 2.77 | |||
| Value At Risk | (1.22) | |||
| Potential Upside | 1.03 |
VIACOM Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for VIACOM's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as VIACOM's standard deviation. In reality, there are many statistical measures that can use VIACOM historical prices to predict the future VIACOM's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | (0.16) |
VIACOM INC 7875 Backtested Returns
VIACOM INC 7875 retains Efficiency (Sharpe Ratio) of -0.0946, which indicates the bond had a -0.0946% return per unit of volatility over the last 3 months. VIACOM exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate VIACOM's standard deviation of 1.15, and Risk Adjusted Performance of (0.07) to confirm the risk estimate we provide. The entity owns a Beta (Systematic Risk) of 0.76, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, VIACOM's returns are expected to increase less than the market. However, during the bear market, the loss of holding VIACOM is expected to be smaller as well.
Auto-correlation | -0.55 |
Good reverse predictability
VIACOM INC 7875 has good reverse predictability. Overlapping area represents the amount of predictability between VIACOM time series from 31st of August 2024 to 15th of October 2024 and 15th of October 2024 to 29th 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 VIACOM INC 7875 price movement. The serial correlation of -0.55 indicates that about 55.0% of current VIACOM price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.55 | |
| Spearman Rank Test | -0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 0.45 |
VIACOM INC 7875 lagged returns against current returns
Autocorrelation, which is VIACOM 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 VIACOM's bond expected returns. We can calculate the autocorrelation of VIACOM returns to help us make a trade decision. For example, suppose you find that VIACOM 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 |
VIACOM 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 VIACOM bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if VIACOM bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in VIACOM bond over time.
Current vs Lagged Prices |
| Timeline |
VIACOM Lagged Returns
When evaluating VIACOM's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of VIACOM bond have on its future price. VIACOM 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, VIACOM autocorrelation shows the relationship between VIACOM bond current value and its past values and can show if there is a momentum factor associated with investing in VIACOM INC 7875.
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 VIACOM Bond
VIACOM financial ratios help investors to determine whether VIACOM 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 VIACOM with respect to the benefits of owning VIACOM security.