Broadcom (UK) Market Value
| 0YXG Stock | 194.67 3.16 1.65% |
| Symbol | Broadcom |
Broadcom '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 Broadcom'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 Broadcom.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Broadcom on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Broadcom or generate 0.0% return on investment in Broadcom over 90 days. Broadcom is related to or competes with Take Two, Pfeiffer Vacuum, K3 Business, Micron Technology, Software Circle, Tyson Foods, and X-FAB Silicon. Broadcom is entity of United Kingdom. It is traded as Stock on LSE exchange. More
Broadcom 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 Broadcom'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 Broadcom upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.41 | |||
| Information Ratio | 0.0851 | |||
| Maximum Drawdown | 40.61 | |||
| Value At Risk | (5.72) | |||
| Potential Upside | 7.04 |
Broadcom Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Broadcom's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Broadcom's standard deviation. In reality, there are many statistical measures that can use Broadcom historical prices to predict the future Broadcom's volatility.| Risk Adjusted Performance | 0.0648 | |||
| Jensen Alpha | 0.3952 | |||
| Total Risk Alpha | 0.9267 | |||
| Sortino Ratio | 0.0949 | |||
| Treynor Ratio | 0.396 |
Broadcom Backtested Returns
Broadcom secures Sharpe Ratio (or Efficiency) of -0.0644, which signifies that the company had a -0.0644 % return per unit of risk over the last 3 months. Broadcom exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Broadcom's Risk Adjusted Performance of 0.0648, mean deviation of 3.02, and Downside Deviation of 4.41 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.78, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Broadcom's returns are expected to increase less than the market. However, during the bear market, the loss of holding Broadcom is expected to be smaller as well. At this point, Broadcom has a negative expected return of -0.24%. Please make sure to confirm Broadcom's standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if Broadcom performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.28 |
Poor predictability
Broadcom has poor predictability. Overlapping area represents the amount of predictability between Broadcom 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 Broadcom price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current Broadcom price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.28 | |
| Spearman Rank Test | 0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 330.27 |
Broadcom lagged returns against current returns
Autocorrelation, which is Broadcom 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 Broadcom's stock expected returns. We can calculate the autocorrelation of Broadcom returns to help us make a trade decision. For example, suppose you find that Broadcom 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 |
Broadcom 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 Broadcom stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Broadcom stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Broadcom stock over time.
Current vs Lagged Prices |
| Timeline |
Broadcom Lagged Returns
When evaluating Broadcom's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Broadcom stock have on its future price. Broadcom 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, Broadcom autocorrelation shows the relationship between Broadcom stock current value and its past values and can show if there is a momentum factor associated with investing in Broadcom.
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 Broadcom Stock Analysis
When running Broadcom's price analysis, check to measure Broadcom'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 Broadcom is operating at the current time. Most of Broadcom's value examination focuses on studying past and present price action to predict the probability of Broadcom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Broadcom's price. Additionally, you may evaluate how the addition of Broadcom to your portfolios can decrease your overall portfolio volatility.