Warner Music (Brazil) Market Value
| W1MG34 Stock | 46.25 0.15 0.32% |
| Symbol | Warner |
Warner Music '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 Warner Music's stock 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 Warner Music.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Warner Music on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Warner Music Group or generate 0.0% return on investment in Warner Music over 30 days. Warner Music is related to or competes with Charter Communications, Fras Le, BTG Pactual, Telefonaktiebolaget, Cable One, and Randon SA. More
Warner Music 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 Warner Music's stock 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 Warner Music Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.51 | |||
| Information Ratio | 0.0858 | |||
| Maximum Drawdown | 6.57 | |||
| Value At Risk | (2.16) | |||
| Potential Upside | 2.51 |
Warner Music Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Warner Music's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Warner Music's standard deviation. In reality, there are many statistical measures that can use Warner Music historical prices to predict the future Warner Music's volatility.| Risk Adjusted Performance | 0.1398 | |||
| Jensen Alpha | 0.2809 | |||
| Total Risk Alpha | 0.017 | |||
| Sortino Ratio | 0.082 | |||
| Treynor Ratio | (0.82) |
Warner Music Group Backtested Returns
Warner Music appears to be very steady, given 3 months investment horizon. Warner Music Group shows Sharpe Ratio of 0.17, which attests that the company had a 0.17% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Warner Music Group, which you can use to evaluate the volatility of the company. Please utilize Warner Music's Mean Deviation of 1.16, downside deviation of 1.51, and Market Risk Adjusted Performance of (0.81) to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Warner Music holds a performance score of 13. The firm maintains a market beta of -0.3, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Warner Music are expected to decrease at a much lower rate. During the bear market, Warner Music is likely to outperform the market. Please check Warner Music's value at risk, downside variance, and the relationship between the maximum drawdown and potential upside , to make a quick decision on whether Warner Music's historical returns will revert.
Auto-correlation | 0.29 |
Poor predictability
Warner Music Group has poor predictability. Overlapping area represents the amount of predictability between Warner Music time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Warner Music Group price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current Warner Music price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.29 | |
| Spearman Rank Test | -0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 0.71 |
Warner Music Group lagged returns against current returns
Autocorrelation, which is Warner Music stock'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 Warner Music's stock expected returns. We can calculate the autocorrelation of Warner Music returns to help us make a trade decision. For example, suppose you find that Warner Music has exhibited high autocorrelation historically, and you observe that the stock 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 |
Warner Music 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 Warner Music stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Warner Music stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Warner Music stock over time.
Current vs Lagged Prices |
| Timeline |
Warner Music Lagged Returns
When evaluating Warner Music's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Warner Music stock have on its future price. Warner Music 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, Warner Music autocorrelation shows the relationship between Warner Music stock current value and its past values and can show if there is a momentum factor associated with investing in Warner Music Group.
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 Information and Resources on Investing in Warner Stock
When determining whether Warner Music Group is a strong investment it is important to analyze Warner Music's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Warner Music's future performance. For an informed investment choice regarding Warner Stock, refer to the following important reports:Check out Warner Music Correlation, Warner Music Volatility and Warner Music Alpha and Beta module to complement your research on Warner Music. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Warner Music technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.