AfreecaTV (Korea) Market Value

067160 Stock  KRW 84,300  900.00  1.08%   
AfreecaTV's market value is the price at which a share of AfreecaTV trades on a public exchange. It measures the collective expectations of AfreecaTV Co investors about its performance. AfreecaTV is trading at 84300.00 as of the 17th of March 2025, a 1.08 percent increase since the beginning of the trading day. The stock's open price was 83400.0.
With this module, you can estimate the performance of a buy and hold strategy of AfreecaTV Co and determine expected loss or profit from investing in AfreecaTV over a given investment horizon. Check out AfreecaTV Correlation, AfreecaTV Volatility and AfreecaTV Alpha and Beta module to complement your research on AfreecaTV.
Symbol

Please note, there is a significant difference between AfreecaTV's value and its price as these two are different measures arrived at by different means. Investors typically determine if AfreecaTV is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AfreecaTV's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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.
0.00
12/17/2024
No Change 0.00  0.0 
In 2 months and 31 days
03/17/2025
0.00
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.

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.
Hype
Prediction
LowEstimatedHigh
84,29584,30084,305
Details
Intrinsic
Valuation
LowRealHigh
75,86575,87092,730
Details
Naive
Forecast
LowNextHigh
84,80884,81384,818
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
72,52290,158107,794
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as AfreecaTV. Your research has to be compared to or analyzed against AfreecaTV's peers to derive any actionable benefits. When done correctly, AfreecaTV's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in AfreecaTV.

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 Risk Adjusted Performance of (0.03), mean deviation of 2.59, 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 Coefficient0.34
Spearman Rank Test0.23
Residual Average0.0
Price Variance198 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.