EVS Broadcast (Belgium) Market Value
| EVS Stock | EUR 38.00 0.55 1.47% |
| Symbol | EVS |
EVS Broadcast '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 EVS Broadcast'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 EVS Broadcast.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in EVS Broadcast on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding EVS Broadcast Equipment or generate 0.0% return on investment in EVS Broadcast over 90 days. EVS Broadcast is related to or competes with Retail Estates, Vastned Retail, and Home Invest. EVS Broadcast Equipment S.A. provides live video production systems worldwide More
EVS Broadcast 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 EVS Broadcast'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 EVS Broadcast Equipment upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.13 | |||
| Information Ratio | 0.2855 | |||
| Maximum Drawdown | 11.2 | |||
| Value At Risk | (1.61) | |||
| Potential Upside | 2.65 |
EVS Broadcast Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for EVS Broadcast's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as EVS Broadcast's standard deviation. In reality, there are many statistical measures that can use EVS Broadcast historical prices to predict the future EVS Broadcast's volatility.| Risk Adjusted Performance | 0.1997 | |||
| Jensen Alpha | 0.373 | |||
| Total Risk Alpha | 0.5542 | |||
| Sortino Ratio | 0.4083 | |||
| Treynor Ratio | 1.82 |
EVS Broadcast Equipment Backtested Returns
EVS Broadcast appears to be very steady, given 3 months investment horizon. EVS Broadcast Equipment secures Sharpe Ratio (or Efficiency) of 0.21, which denotes the company had a 0.21 % return per unit of volatility over the last 3 months. We have found twenty-eight technical indicators for EVS Broadcast Equipment, which you can use to evaluate the volatility of the firm. Please utilize EVS Broadcast's Mean Deviation of 1.06, downside deviation of 1.13, and Market Risk Adjusted Performance of 1.83 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, EVS Broadcast holds a performance score of 16. The firm shows a Beta (market volatility) of 0.19, which means not very significant fluctuations relative to the market. As returns on the market increase, EVS Broadcast's returns are expected to increase less than the market. However, during the bear market, the loss of holding EVS Broadcast is expected to be smaller as well. Please check EVS Broadcast's treynor ratio, value at risk, and the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether EVS Broadcast's price patterns will revert.
Auto-correlation | -0.5 |
Modest reverse predictability
EVS Broadcast Equipment has modest reverse predictability. Overlapping area represents the amount of predictability between EVS Broadcast 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 EVS Broadcast Equipment price movement. The serial correlation of -0.5 indicates that about 50.0% of current EVS Broadcast price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.5 | |
| Spearman Rank Test | -0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 4.19 |
EVS Broadcast Equipment lagged returns against current returns
Autocorrelation, which is EVS Broadcast 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 EVS Broadcast's stock expected returns. We can calculate the autocorrelation of EVS Broadcast returns to help us make a trade decision. For example, suppose you find that EVS Broadcast 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 |
EVS Broadcast 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 EVS Broadcast stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if EVS Broadcast stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in EVS Broadcast stock over time.
Current vs Lagged Prices |
| Timeline |
EVS Broadcast Lagged Returns
When evaluating EVS Broadcast's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of EVS Broadcast stock have on its future price. EVS Broadcast 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, EVS Broadcast autocorrelation shows the relationship between EVS Broadcast stock current value and its past values and can show if there is a momentum factor associated with investing in EVS Broadcast Equipment.
Regressed Prices |
| Timeline |
Pair Trading with EVS Broadcast
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if EVS Broadcast position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in EVS Broadcast will appreciate offsetting losses from the drop in the long position's value.Moving against EVS Stock
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| 0.51 | DIEG | Immolease Trust NV | PairCorr |
The ability to find closely correlated positions to EVS Broadcast could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EVS Broadcast when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back EVS Broadcast - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling EVS Broadcast Equipment to buy it.
The correlation of EVS Broadcast is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as EVS Broadcast moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EVS Broadcast Equipment moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for EVS Broadcast can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for EVS Stock Analysis
When running EVS Broadcast's price analysis, check to measure EVS Broadcast'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 EVS Broadcast is operating at the current time. Most of EVS Broadcast's value examination focuses on studying past and present price action to predict the probability of EVS Broadcast's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EVS Broadcast's price. Additionally, you may evaluate how the addition of EVS Broadcast to your portfolios can decrease your overall portfolio volatility.