ViacomCBS's market value is the price at which a share of ViacomCBS trades on a public exchange. It measures the collective expectations of ViacomCBS investors about its performance. ViacomCBS is trading at 10.23 as of the 13th of January 2025. This is a 0.29 percent decrease since the beginning of the trading day. The stock's lowest day price was 10.23. With this module, you can estimate the performance of a buy and hold strategy of ViacomCBS and determine expected loss or profit from investing in ViacomCBS over a given investment horizon. Check out ViacomCBS Correlation, ViacomCBS Volatility and ViacomCBS Alpha and Beta module to complement your research on ViacomCBS.
Please note, there is a significant difference between ViacomCBS's value and its price as these two are different measures arrived at by different means. Investors typically determine if ViacomCBS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ViacomCBS'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.
ViacomCBS '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 ViacomCBS'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 ViacomCBS.
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12/14/2024
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In 31 days
01/13/2025
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If you would invest 0.00 in ViacomCBS on December 14, 2024 and sell it all today you would earn a total of 0.00 from holding ViacomCBS or generate 0.0% return on investment in ViacomCBS over 30 days. ViacomCBS is related to or competes with BORR DRILLING, Pembina Pipeline, Adtalem Global, DEVRY EDUCATION, Strategic Education, and PRECISION DRILLING. Paramount Global operates as a media and entertainment company worldwide More
ViacomCBS 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 ViacomCBS'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 ViacomCBS upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for ViacomCBS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ViacomCBS's standard deviation. In reality, there are many statistical measures that can use ViacomCBS historical prices to predict the future ViacomCBS's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as ViacomCBS. Your research has to be compared to or analyzed against ViacomCBS's peers to derive any actionable benefits. When done correctly, ViacomCBS'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 ViacomCBS.
ViacomCBS Backtested Returns
At this point, ViacomCBS is not too volatile. ViacomCBS owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0773, which indicates the firm had a 0.0773% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for ViacomCBS, which you can use to evaluate the volatility of the company. Please validate ViacomCBS's Semi Deviation of 1.64, coefficient of variation of 1280.81, and Risk Adjusted Performance of 0.0698 to confirm if the risk estimate we provide is consistent with the expected return of 0.15%. ViacomCBS has a performance score of 6 on a scale of 0 to 100. The entity has a beta of 0.23, which indicates not very significant fluctuations relative to the market. As returns on the market increase, ViacomCBS's returns are expected to increase less than the market. However, during the bear market, the loss of holding ViacomCBS is expected to be smaller as well. ViacomCBS right now has a risk of 1.95%. Please validate ViacomCBS semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to decide if ViacomCBS will be following its existing price patterns.
Auto-correlation
-0.25
Weak reverse predictability
ViacomCBS has weak reverse predictability. Overlapping area represents the amount of predictability between ViacomCBS time series from 14th of December 2024 to 29th of December 2024 and 29th of December 2024 to 13th of January 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 ViacomCBS price movement. The serial correlation of -0.25 indicates that over 25.0% of current ViacomCBS price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.25
Spearman Rank Test
-0.4
Residual Average
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Price Variance
0.05
ViacomCBS lagged returns against current returns
Autocorrelation, which is ViacomCBS 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 ViacomCBS's stock expected returns. We can calculate the autocorrelation of ViacomCBS returns to help us make a trade decision. For example, suppose you find that ViacomCBS 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
ViacomCBS 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 ViacomCBS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ViacomCBS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ViacomCBS stock over time.
Current vs Lagged Prices
Timeline
ViacomCBS Lagged Returns
When evaluating ViacomCBS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ViacomCBS stock have on its future price. ViacomCBS 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, ViacomCBS autocorrelation shows the relationship between ViacomCBS stock current value and its past values and can show if there is a momentum factor associated with investing in ViacomCBS.
ViacomCBS financial ratios help investors to determine whether ViacomCBS 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 ViacomCBS with respect to the benefits of owning ViacomCBS security.