Media 6 (France) Market Value
| EDI Stock | EUR 10.80 1.10 9.24% |
| Symbol | Media |
Media 6 '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 Media 6'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 Media 6.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in Media 6 on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding Media 6 SA or generate 0.0% return on investment in Media 6 over 180 days. Media 6 is related to or competes with Lacroix Group, Fiducial Office, ACTEOS SA, Passat Socit, and Plastiques. Media 6 SA operates as a point-of-purchase advertising company in France and internationally More
Media 6 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 Media 6'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 Media 6 SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 9.82 | |||
| Information Ratio | 0.0102 | |||
| Maximum Drawdown | 38.66 | |||
| Value At Risk | (4.76) | |||
| Potential Upside | 5.79 |
Media 6 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Media 6's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Media 6's standard deviation. In reality, there are many statistical measures that can use Media 6 historical prices to predict the future Media 6's volatility.| Risk Adjusted Performance | 0.0399 | |||
| Jensen Alpha | 0.1664 | |||
| Total Risk Alpha | (0.56) | |||
| Sortino Ratio | 0.0046 | |||
| Treynor Ratio | 3.56 |
Media 6 SA Backtested Returns
At this point, Media 6 is slightly risky. Media 6 SA has Sharpe Ratio of 0.0347, which conveys that the firm had a 0.0347% return per unit of risk over the last 3 months. We have found thirty technical indicators for Media 6, which you can use to evaluate the volatility of the firm. Please verify Media 6's Downside Deviation of 9.82, mean deviation of 1.79, and Risk Adjusted Performance of 0.0399 to check out if the risk estimate we provide is consistent with the expected return of 0.15%. Media 6 has a performance score of 2 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.0484, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Media 6's returns are expected to increase less than the market. However, during the bear market, the loss of holding Media 6 is expected to be smaller as well. Media 6 SA right now secures a risk of 4.4%. Please verify Media 6 SA treynor ratio, expected short fall, and the relationship between the jensen alpha and potential upside , to decide if Media 6 SA will be following its current price movements.
Auto-correlation | -0.2 |
Insignificant reverse predictability
Media 6 SA has insignificant reverse predictability. Overlapping area represents the amount of predictability between Media 6 time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 2024 to 30th of November 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 Media 6 SA price movement. The serial correlation of -0.2 indicates that over 20.0% of current Media 6 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.2 | |
| Spearman Rank Test | -0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 1.1 |
Media 6 SA lagged returns against current returns
Autocorrelation, which is Media 6 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 Media 6's stock expected returns. We can calculate the autocorrelation of Media 6 returns to help us make a trade decision. For example, suppose you find that Media 6 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 |
Media 6 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 Media 6 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Media 6 stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Media 6 stock over time.
Current vs Lagged Prices |
| Timeline |
Media 6 Lagged Returns
When evaluating Media 6's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Media 6 stock have on its future price. Media 6 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, Media 6 autocorrelation shows the relationship between Media 6 stock current value and its past values and can show if there is a momentum factor associated with investing in Media 6 SA.
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.Other Information on Investing in Media Stock
Media 6 financial ratios help investors to determine whether Media 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 Media with respect to the benefits of owning Media 6 security.