Schibsted ASA (Germany) Market Value
| XPG Stock | EUR 31.54 0.36 1.15% |
| Symbol | Schibsted |
Schibsted ASA '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 Schibsted ASA'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 Schibsted ASA.
| 06/05/2024 |
| 12/02/2024 |
If you would invest 0.00 in Schibsted ASA on June 5, 2024 and sell it all today you would earn a total of 0.00 from holding Schibsted ASA A or generate 0.0% return on investment in Schibsted ASA over 180 days. Schibsted ASA is related to or competes with Superior Plus, NMI Holdings, Origin Agritech, SIVERS SEMICONDUCTORS, Talanx AG, NorAm Drilling, and Identiv. Schibsted ASA, together with its subsidiaries, operates as a media company More
Schibsted ASA 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 Schibsted ASA'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 Schibsted ASA A upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.95 | |||
| Information Ratio | 0.149 | |||
| Maximum Drawdown | 48.76 | |||
| Value At Risk | (2.60) | |||
| Potential Upside | 3.85 |
Schibsted ASA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Schibsted ASA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Schibsted ASA's standard deviation. In reality, there are many statistical measures that can use Schibsted ASA historical prices to predict the future Schibsted ASA's volatility.| Risk Adjusted Performance | 0.1412 | |||
| Jensen Alpha | 0.8615 | |||
| Total Risk Alpha | 0.0268 | |||
| Sortino Ratio | 0.432 | |||
| Treynor Ratio | 1.16 |
Schibsted ASA A Backtested Returns
Schibsted ASA appears to be very steady, given 3 months investment horizon. Schibsted ASA A owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the firm had a 0.13% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Schibsted ASA A, which you can use to evaluate the volatility of the company. Please review Schibsted ASA's Coefficient Of Variation of 576.5, risk adjusted performance of 0.1412, and Semi Deviation of 1.25 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Schibsted ASA holds a performance score of 10. The entity has a beta of 0.83, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Schibsted ASA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Schibsted ASA is expected to be smaller as well. Please check Schibsted ASA's jensen alpha, maximum drawdown, semi variance, as well as the relationship between the sortino ratio and potential upside , to make a quick decision on whether Schibsted ASA's existing price patterns will revert.
Auto-correlation | -0.09 |
Very weak reverse predictability
Schibsted ASA A has very weak reverse predictability. Overlapping area represents the amount of predictability between Schibsted ASA time series from 5th of June 2024 to 3rd of September 2024 and 3rd of September 2024 to 2nd 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 Schibsted ASA A price movement. The serial correlation of -0.09 indicates that less than 9.0% of current Schibsted ASA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.09 | |
| Spearman Rank Test | -0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 3.86 |
Schibsted ASA A lagged returns against current returns
Autocorrelation, which is Schibsted ASA 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 Schibsted ASA's stock expected returns. We can calculate the autocorrelation of Schibsted ASA returns to help us make a trade decision. For example, suppose you find that Schibsted ASA 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 |
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Schibsted ASA 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 Schibsted ASA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Schibsted ASA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Schibsted ASA stock over time.
Current vs Lagged Prices |
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Schibsted ASA Lagged Returns
When evaluating Schibsted ASA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Schibsted ASA stock have on its future price. Schibsted ASA 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, Schibsted ASA autocorrelation shows the relationship between Schibsted ASA stock current value and its past values and can show if there is a momentum factor associated with investing in Schibsted ASA A.
Regressed Prices |
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Currently Active Assets on Macroaxis
Other Information on Investing in Schibsted Stock
Schibsted ASA financial ratios help investors to determine whether Schibsted Stock 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 Schibsted with respect to the benefits of owning Schibsted ASA security.