ELECTRONIC ARTS (Germany) Market Value
| ERT Stock | EUR 154.20 0.26 0.17% |
| Symbol | ELECTRONIC |
ELECTRONIC ARTS '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 ELECTRONIC ARTS'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 ELECTRONIC ARTS.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in ELECTRONIC ARTS on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding ELECTRONIC ARTS or generate 0.0% return on investment in ELECTRONIC ARTS over 30 days. ELECTRONIC ARTS is related to or competes with SIVERS SEMICONDUCTORS, Darden Restaurants, Reliance Steel, Q2M Managementberatu, Hyster-Yale Materials, Hastings Technology, and Meli Hotels. More
ELECTRONIC ARTS 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 ELECTRONIC ARTS'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 ELECTRONIC ARTS upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.16 | |||
| Information Ratio | 0.0494 | |||
| Maximum Drawdown | 6.85 | |||
| Value At Risk | (1.56) | |||
| Potential Upside | 1.74 |
ELECTRONIC ARTS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ELECTRONIC ARTS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ELECTRONIC ARTS's standard deviation. In reality, there are many statistical measures that can use ELECTRONIC ARTS historical prices to predict the future ELECTRONIC ARTS's volatility.| Risk Adjusted Performance | 0.1245 | |||
| Jensen Alpha | 0.1739 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0541 | |||
| Treynor Ratio | 1.48 |
ELECTRONIC ARTS Backtested Returns
At this point, ELECTRONIC ARTS is very steady. ELECTRONIC ARTS secures Sharpe Ratio (or Efficiency) of 0.15, which denotes the company had a 0.15% return per unit of return volatility over the last 3 months. We have found twenty-eight technical indicators for ELECTRONIC ARTS, which you can use to evaluate the volatility of the firm. Please confirm ELECTRONIC ARTS's downside deviation of 1.16, and Mean Deviation of 0.9516 to check if the risk estimate we provide is consistent with the expected return of 0.19%. ELECTRONIC ARTS has a performance score of 11 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.13, which means not very significant fluctuations relative to the market. As returns on the market increase, ELECTRONIC ARTS's returns are expected to increase less than the market. However, during the bear market, the loss of holding ELECTRONIC ARTS is expected to be smaller as well. ELECTRONIC ARTS at this time shows a risk of 1.28%. Please confirm ELECTRONIC ARTS semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and information ratio , to decide if ELECTRONIC ARTS will be following its price patterns.
Auto-correlation | 0.29 |
Poor predictability
ELECTRONIC ARTS has poor predictability. Overlapping area represents the amount of predictability between ELECTRONIC ARTS time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 ELECTRONIC ARTS price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current ELECTRONIC ARTS price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.29 | |
| Spearman Rank Test | 0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 4.47 |
ELECTRONIC ARTS lagged returns against current returns
Autocorrelation, which is ELECTRONIC ARTS 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 ELECTRONIC ARTS's stock expected returns. We can calculate the autocorrelation of ELECTRONIC ARTS returns to help us make a trade decision. For example, suppose you find that ELECTRONIC ARTS 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 |
ELECTRONIC ARTS 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 ELECTRONIC ARTS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ELECTRONIC ARTS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ELECTRONIC ARTS stock over time.
Current vs Lagged Prices |
| Timeline |
ELECTRONIC ARTS Lagged Returns
When evaluating ELECTRONIC ARTS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ELECTRONIC ARTS stock have on its future price. ELECTRONIC ARTS 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, ELECTRONIC ARTS autocorrelation shows the relationship between ELECTRONIC ARTS stock current value and its past values and can show if there is a momentum factor associated with investing in ELECTRONIC ARTS.
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 ELECTRONIC Stock
When determining whether ELECTRONIC ARTS offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ELECTRONIC ARTS's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Electronic Arts Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Electronic Arts Stock:Check out ELECTRONIC ARTS Correlation, ELECTRONIC ARTS Volatility and ELECTRONIC ARTS Alpha and Beta module to complement your research on ELECTRONIC ARTS. For information on how to trade ELECTRONIC Stock refer to our How to Trade ELECTRONIC Stock guide.You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
ELECTRONIC ARTS 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.