E Media (South Africa) Market Value
| EMH Stock | 352.00 21.00 6.34% |
| Symbol | EMH |
E 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 E 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 E Media.
| 01/31/2025 |
| 03/02/2025 |
If you would invest 0.00 in E Media on January 31, 2025 and sell it all today you would earn a total of 0.00 from holding E Media Holdings or generate 0.0% return on investment in E Media over 30 days. E Media is related to or competes with Brimstone Investment, Capitec Bank, Reinet Investments, Safari Investments, and Frontier Transport. More
E 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 E 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 E Media Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.35 | |||
| Information Ratio | 0.0305 | |||
| Maximum Drawdown | 22.15 | |||
| Value At Risk | (4.78) | |||
| Potential Upside | 6.12 |
E Media Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for E Media's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as E Media's standard deviation. In reality, there are many statistical measures that can use E Media historical prices to predict the future E Media's volatility.| Risk Adjusted Performance | 0.0268 | |||
| Jensen Alpha | 0.0781 | |||
| Total Risk Alpha | 0.1612 | |||
| Sortino Ratio | 0.017 | |||
| Treynor Ratio | 0.1553 |
E Media Holdings Backtested Returns
At this point, E Media is very steady. E Media Holdings secures Sharpe Ratio (or Efficiency) of 0.0287, which denotes the company had a 0.0287 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for E Media Holdings, which you can use to evaluate the volatility of the entity. Please confirm E Media's Downside Deviation of 5.35, semi deviation of 2.0, and Mean Deviation of 1.25 to check if the risk estimate we provide is consistent with the expected return of 0.0892%. E Media has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.44, which means possible diversification benefits within a given portfolio. As returns on the market increase, E Media's returns are expected to increase less than the market. However, during the bear market, the loss of holding E Media is expected to be smaller as well. E Media Holdings today shows a risk of 3.11%. Please confirm E Media Holdings maximum drawdown, semi variance, and the relationship between the sortino ratio and potential upside , to decide if E Media Holdings will be following its price patterns.
Auto-correlation | 0.64 |
Good predictability
E Media Holdings has good predictability. Overlapping area represents the amount of predictability between E Media time series from 31st of January 2025 to 15th of February 2025 and 15th of February 2025 to 2nd 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 E Media Holdings price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current E Media price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.64 | |
| Spearman Rank Test | 0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 109.44 |
E Media Holdings lagged returns against current returns
Autocorrelation, which is E 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 E Media's stock expected returns. We can calculate the autocorrelation of E Media returns to help us make a trade decision. For example, suppose you find that E 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 |
E 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 E Media stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if E Media stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in E Media stock over time.
Current vs Lagged Prices |
| Timeline |
E Media Lagged Returns
When evaluating E Media's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of E Media stock have on its future price. E 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, E Media autocorrelation shows the relationship between E Media stock current value and its past values and can show if there is a momentum factor associated with investing in E Media Holdings.
Regressed Prices |
| Timeline |
Also Currently Popular
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 EMH Stock
E Media financial ratios help investors to determine whether EMH 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 EMH with respect to the benefits of owning E Media security.