AfreecaTV (Korea) Market Value
| 067160 Stock | KRW 84,300 900.00 1.08% |
| Symbol | AfreecaTV |
AfreecaTV '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 AfreecaTV'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 AfreecaTV.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in AfreecaTV on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding AfreecaTV Co or generate 0.0% return on investment in AfreecaTV over 90 days. AfreecaTV is related to or competes with Com2uS, and Pearl Abyss. AfreecaTV Co., Ltd. provides Internet based television and video streaming services More
AfreecaTV 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 AfreecaTV'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 AfreecaTV Co upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 38.81 | |||
| Value At Risk | (4.86) | |||
| Potential Upside | 4.98 |
AfreecaTV Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AfreecaTV's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AfreecaTV's standard deviation. In reality, there are many statistical measures that can use AfreecaTV historical prices to predict the future AfreecaTV's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | 0.3643 | |||
| Treynor Ratio | 3.12 |
AfreecaTV Backtested Returns
AfreecaTV secures Sharpe Ratio (or Efficiency) of -0.0335, which signifies that the company had a -0.0335 % return per unit of risk over the last 3 months. AfreecaTV Co exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AfreecaTV's Mean Deviation of 2.59, risk adjusted performance of (0.03), and Standard Deviation of 4.73 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.0732, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning AfreecaTV are expected to decrease at a much lower rate. During the bear market, AfreecaTV is likely to outperform the market. At this point, AfreecaTV has a negative expected return of -0.17%. Please make sure to confirm AfreecaTV's jensen alpha, treynor ratio, value at risk, as well as the relationship between the total risk alpha and maximum drawdown , to decide if AfreecaTV performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.34 |
Below average predictability
AfreecaTV Co has below average predictability. Overlapping area represents the amount of predictability between AfreecaTV time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of AfreecaTV price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current AfreecaTV price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.34 | |
| Spearman Rank Test | 0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 198 M |
AfreecaTV lagged returns against current returns
Autocorrelation, which is AfreecaTV 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 AfreecaTV's stock expected returns. We can calculate the autocorrelation of AfreecaTV returns to help us make a trade decision. For example, suppose you find that AfreecaTV 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 |
AfreecaTV 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 AfreecaTV stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AfreecaTV stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AfreecaTV stock over time.
Current vs Lagged Prices |
| Timeline |
AfreecaTV Lagged Returns
When evaluating AfreecaTV's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AfreecaTV stock have on its future price. AfreecaTV 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, AfreecaTV autocorrelation shows the relationship between AfreecaTV stock current value and its past values and can show if there is a momentum factor associated with investing in AfreecaTV Co.
Regressed Prices |
| Timeline |
Other Information on Investing in AfreecaTV Stock
AfreecaTV financial ratios help investors to determine whether AfreecaTV 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 AfreecaTV with respect to the benefits of owning AfreecaTV security.