SoftBank Group (UK) Market Value
| 0R15 Stock | 8,884 0.00 0.00% |
| Symbol | SoftBank |
SoftBank Group '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 SoftBank Group'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 SoftBank Group.
| 11/30/2024 |
| 12/30/2024 |
If you would invest 0.00 in SoftBank Group on November 30, 2024 and sell it all today you would earn a total of 0.00 from holding SoftBank Group Corp or generate 0.0% return on investment in SoftBank Group over 30 days. SoftBank Group is related to or competes with Bisichi Mining, Cornish Metals, Empire Metals, United Airlines, Zoom Video, Fulcrum Metals, and Blackrock World. SoftBank Group is entity of United Kingdom More
SoftBank Group 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 SoftBank Group'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 SoftBank Group Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.76 | |||
| Information Ratio | 0.0859 | |||
| Maximum Drawdown | 13.83 | |||
| Value At Risk | (4.30) | |||
| Potential Upside | 5.13 |
SoftBank Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SoftBank Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SoftBank Group's standard deviation. In reality, there are many statistical measures that can use SoftBank Group historical prices to predict the future SoftBank Group's volatility.| Risk Adjusted Performance | 0.0845 | |||
| Jensen Alpha | 0.2619 | |||
| Total Risk Alpha | 0.1933 | |||
| Sortino Ratio | 0.0918 | |||
| Treynor Ratio | 0.4553 |
SoftBank Group Corp Backtested Returns
Currently, SoftBank Group Corp is very steady. SoftBank Group Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0341, which indicates the firm had a 0.0341% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for SoftBank Group Corp, which you can use to evaluate the volatility of the company. Please validate SoftBank Group's Risk Adjusted Performance of 0.0845, semi deviation of 2.61, and Coefficient Of Variation of 1032.39 to confirm if the risk estimate we provide is consistent with the expected return of 0.0889%. SoftBank Group has a performance score of 2 on a scale of 0 to 100. The entity has a beta of 0.6, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, SoftBank Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding SoftBank Group is expected to be smaller as well. SoftBank Group Corp right now has a risk of 2.61%. Please validate SoftBank Group market risk adjusted performance, semi deviation, variance, as well as the relationship between the mean deviation and downside deviation , to decide if SoftBank Group will be following its existing price patterns.
Auto-correlation | -0.61 |
Very good reverse predictability
SoftBank Group Corp has very good reverse predictability. Overlapping area represents the amount of predictability between SoftBank Group time series from 30th of November 2024 to 15th of December 2024 and 15th of December 2024 to 30th of December 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 SoftBank Group Corp price movement. The serial correlation of -0.61 indicates that roughly 61.0% of current SoftBank Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.61 | |
| Spearman Rank Test | -0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 141.3 K |
SoftBank Group Corp lagged returns against current returns
Autocorrelation, which is SoftBank Group 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 SoftBank Group's stock expected returns. We can calculate the autocorrelation of SoftBank Group returns to help us make a trade decision. For example, suppose you find that SoftBank Group 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 |
SoftBank Group 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 SoftBank Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SoftBank Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SoftBank Group stock over time.
Current vs Lagged Prices |
| Timeline |
SoftBank Group Lagged Returns
When evaluating SoftBank Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SoftBank Group stock have on its future price. SoftBank Group 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, SoftBank Group autocorrelation shows the relationship between SoftBank Group stock current value and its past values and can show if there is a momentum factor associated with investing in SoftBank Group Corp.
Regressed Prices |
| Timeline |
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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 Tools for SoftBank Stock Analysis
When running SoftBank Group's price analysis, check to measure SoftBank Group'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 SoftBank Group is operating at the current time. Most of SoftBank Group's value examination focuses on studying past and present price action to predict the probability of SoftBank Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SoftBank Group's price. Additionally, you may evaluate how the addition of SoftBank Group to your portfolios can decrease your overall portfolio volatility.