EVS Broadcast (Germany) Market Value
| 5E1 Stock | 28.15 0.30 1.05% |
| Symbol | EVS |
EVS Broadcast '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 EVS Broadcast'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 EVS Broadcast.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in EVS Broadcast on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding EVS Broadcast Equipment or generate 0.0% return on investment in EVS Broadcast over 540 days. EVS Broadcast is related to or competes with Apple, Apple, Apple, Apple, Apple, Apple, and Microsoft. More
EVS Broadcast 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 EVS Broadcast'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 EVS Broadcast Equipment upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 4.63 | |||
| Value At Risk | (1.72) | |||
| Potential Upside | 1.94 |
EVS Broadcast Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for EVS Broadcast's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as EVS Broadcast's standard deviation. In reality, there are many statistical measures that can use EVS Broadcast historical prices to predict the future EVS Broadcast's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.22) | |||
| Treynor Ratio | 0.8981 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of EVS Broadcast's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
EVS Broadcast Equipment Backtested Returns
EVS Broadcast Equipment secures Sharpe Ratio (or Efficiency) of -0.0378, which denotes the company had a -0.0378% return per unit of volatility over the last 3 months. EVS Broadcast Equipment exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm EVS Broadcast's Mean Deviation of 0.7917, standard deviation of 1.08, and Market Risk Adjusted Performance of 0.9081 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.0584, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning EVS Broadcast are expected to decrease at a much lower rate. During the bear market, EVS Broadcast is likely to outperform the market. At this point, EVS Broadcast Equipment has a negative expected return of -0.0412%. Please make sure to confirm EVS Broadcast's skewness, day median price, and the relationship between the treynor ratio and daily balance of power , to decide if EVS Broadcast Equipment performance from the past will be repeated at future time.
Auto-correlation | -0.85 |
Excellent reverse predictability
EVS Broadcast Equipment has excellent reverse predictability. Overlapping area represents the amount of predictability between EVS Broadcast time series from 8th of June 2023 to 4th of March 2024 and 4th of March 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 EVS Broadcast Equipment price movement. The serial correlation of -0.85 indicates that around 85.0% of current EVS Broadcast price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.85 | |
| Spearman Rank Test | -0.79 | |
| Residual Average | 0.0 | |
| Price Variance | 2.56 |
EVS Broadcast Equipment lagged returns against current returns
Autocorrelation, which is EVS Broadcast 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 EVS Broadcast's stock expected returns. We can calculate the autocorrelation of EVS Broadcast returns to help us make a trade decision. For example, suppose you find that EVS Broadcast 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 |
EVS Broadcast 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 EVS Broadcast stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if EVS Broadcast stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in EVS Broadcast stock over time.
Current vs Lagged Prices |
| Timeline |
EVS Broadcast Lagged Returns
When evaluating EVS Broadcast's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of EVS Broadcast stock have on its future price. EVS Broadcast 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, EVS Broadcast autocorrelation shows the relationship between EVS Broadcast stock current value and its past values and can show if there is a momentum factor associated with investing in EVS Broadcast Equipment.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for EVS Stock Analysis
When running EVS Broadcast's price analysis, check to measure EVS Broadcast's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy EVS Broadcast is operating at the current time. Most of EVS Broadcast's value examination focuses on studying past and present price action to predict the probability of EVS Broadcast's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EVS Broadcast's price. Additionally, you may evaluate how the addition of EVS Broadcast to your portfolios can decrease your overall portfolio volatility.