Townsquare Media (Germany) Market Value
| 2T8 Stock | EUR 7.20 0.25 3.60% |
| Symbol | Townsquare |
Townsquare Media '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 Townsquare Media'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 Townsquare Media.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Townsquare Media on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Townsquare Media or generate 0.0% return on investment in Townsquare Media over 90 days. Townsquare Media is related to or competes with Kingdee International, ALEFARM BREWING, North American, Titan Machinery, Federal Agricultural, Wayside Technology, and Iridium Communications. Townsquare Media, Inc. operates as a radio, digital media, entertainment, and digital marketing solutions company in sma... More
Townsquare Media 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 Townsquare Media'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 Townsquare Media upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 11.09 | |||
| Value At Risk | (3.47) | |||
| Potential Upside | 3.6 |
Townsquare Media Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Townsquare Media's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Townsquare Media's standard deviation. In reality, there are many statistical measures that can use Townsquare Media historical prices to predict the future Townsquare Media's volatility.| Risk Adjusted Performance | (0.15) | |||
| Jensen Alpha | (0.45) | |||
| Total Risk Alpha | (0.15) | |||
| Treynor Ratio | 6.38 |
Townsquare Media Backtested Returns
Townsquare Media owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.19, which indicates the firm had a -0.19 % return per unit of risk over the last 3 months. Townsquare Media exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Townsquare Media's Variance of 5.38, risk adjusted performance of (0.15), and Coefficient Of Variation of (540.18) to confirm the risk estimate we provide. The entity has a beta of -0.0688, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Townsquare Media are expected to decrease at a much lower rate. During the bear market, Townsquare Media is likely to outperform the market. At this point, Townsquare Media has a negative expected return of -0.43%. Please make sure to validate Townsquare Media's treynor ratio, skewness, and the relationship between the total risk alpha and potential upside , to decide if Townsquare Media performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.34 |
Below average predictability
Townsquare Media has below average predictability. Overlapping area represents the amount of predictability between Townsquare Media time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Townsquare Media price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current Townsquare Media price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.34 | |
| Spearman Rank Test | 0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.16 |
Townsquare Media lagged returns against current returns
Autocorrelation, which is Townsquare Media 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 Townsquare Media's stock expected returns. We can calculate the autocorrelation of Townsquare Media returns to help us make a trade decision. For example, suppose you find that Townsquare Media 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 |
Townsquare Media 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 Townsquare Media stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Townsquare Media stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Townsquare Media stock over time.
Current vs Lagged Prices |
| Timeline |
Townsquare Media Lagged Returns
When evaluating Townsquare Media's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Townsquare Media stock have on its future price. Townsquare Media 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, Townsquare Media autocorrelation shows the relationship between Townsquare Media stock current value and its past values and can show if there is a momentum factor associated with investing in Townsquare Media.
Regressed Prices |
| Timeline |
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Additional Information and Resources on Investing in Townsquare Stock
When determining whether Townsquare Media is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Townsquare Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Townsquare Media Stock. Highlighted below are key reports to facilitate an investment decision about Townsquare Media Stock:Check out Townsquare Media Correlation, Townsquare Media Volatility and Townsquare Media Alpha and Beta module to complement your research on Townsquare Media. For more detail on how to invest in Townsquare Stock please use our How to Invest in Townsquare Media guide.You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Townsquare Media technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.