Sony Corp Stock Market Value
| SNEJF Stock | USD 20.73 0.73 3.65% |
| Symbol | Sony |
Sony Corp '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 Sony Corp's pink sheet 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 Sony Corp.
| 08/30/2024 |
| 11/28/2024 |
If you would invest 0.00 in Sony Corp on August 30, 2024 and sell it all today you would earn a total of 0.00 from holding Sony Corp or generate 0.0% return on investment in Sony Corp over 90 days. Sony Corp is related to or competes with LG Display, Sonos, Vizio Holding, TCL Electronics, Sharp Corp, Samsung Electronics, and Apple. Sony Group Corporation designs, develops, produces, and sells electronic equipment, instruments, and devices for the con... More
Sony Corp 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 Sony Corp's pink sheet 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 Sony Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 31.81 | |||
| Information Ratio | 0.1583 | |||
| Maximum Drawdown | 491.12 | |||
| Value At Risk | (79.88) | |||
| Potential Upside | 15.56 |
Sony Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sony Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sony Corp's standard deviation. In reality, there are many statistical measures that can use Sony Corp historical prices to predict the future Sony Corp's volatility.| Risk Adjusted Performance | 0.1322 | |||
| Jensen Alpha | 16.25 | |||
| Total Risk Alpha | 0.813 | |||
| Sortino Ratio | 0.4513 | |||
| Treynor Ratio | (0.94) |
Sony Corp Backtested Returns
Sony Corp is out of control given 3 months investment horizon. Sony Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates the firm had a 0.16% return per unit of risk over the last 3 months. We are able to break down twenty-seven different technical indicators, which can help you to evaluate if expected returns of 14.48% are justified by taking the suggested risk. Use Sony Corp Risk Adjusted Performance of 0.1322, coefficient of variation of 626.41, and Semi Deviation of 21.11 to evaluate company specific risk that cannot be diversified away. Sony Corp holds a performance score of 12 on a scale of zero to a hundred. The entity has a beta of -15.43, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Sony Corp are expected to decrease by larger amounts. On the other hand, during market turmoil, Sony Corp is expected to outperform it. Use Sony Corp semi variance, and the relationship between the maximum drawdown and daily balance of power , to analyze future returns on Sony Corp.
Auto-correlation | -0.11 |
Insignificant reverse predictability
Sony Corp has insignificant reverse predictability. Overlapping area represents the amount of predictability between Sony Corp time series from 30th of August 2024 to 14th of October 2024 and 14th of October 2024 to 28th 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 Sony Corp price movement. The serial correlation of -0.11 indicates that less than 11.0% of current Sony Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.11 | |
| Spearman Rank Test | -0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 0.73 |
Sony Corp lagged returns against current returns
Autocorrelation, which is Sony Corp pink sheet'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 Sony Corp's pink sheet expected returns. We can calculate the autocorrelation of Sony Corp returns to help us make a trade decision. For example, suppose you find that Sony Corp has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Sony Corp 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 Sony Corp pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sony Corp pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sony Corp pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Sony Corp Lagged Returns
When evaluating Sony Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sony Corp pink sheet have on its future price. Sony Corp 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, Sony Corp autocorrelation shows the relationship between Sony Corp pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Sony Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Sony Pink Sheet
Sony Corp financial ratios help investors to determine whether Sony Pink Sheet 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 Sony with respect to the benefits of owning Sony Corp security.