Modern Times (Sweden) Market Value

MTG-A Stock  SEK 94.50  0.50  0.53%   
Modern Times' market value is the price at which a share of Modern Times trades on a public exchange. It measures the collective expectations of Modern Times Group investors about its performance. Modern Times is selling for under 94.50 as of the 22nd of December 2024; that is 0.53 percent decrease since the beginning of the trading day. The stock's lowest day price was 94.5.
With this module, you can estimate the performance of a buy and hold strategy of Modern Times Group and determine expected loss or profit from investing in Modern Times over a given investment horizon. Check out Modern Times Correlation, Modern Times Volatility and Modern Times Alpha and Beta module to complement your research on Modern Times.
Symbol

Please note, there is a significant difference between Modern Times' value and its price as these two are different measures arrived at by different means. Investors typically determine if Modern Times is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Modern Times' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Modern Times '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 Modern Times' 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 Modern Times.
0.00
11/22/2024
No Change 0.00  0.0 
In 30 days
12/22/2024
0.00
If you would invest  0.00  in Modern Times on November 22, 2024 and sell it all today you would earn a total of 0.00 from holding Modern Times Group or generate 0.0% return on investment in Modern Times over 30 days. Modern Times is related to or competes with Modern Times, Kinnevik Investment, Tele2 AB, Holmen AB, and Husqvarna. Modern Times Group MTG AB, a digital entertainment company, engages in the free-TV, pay-TV, radio, and content productio... More

Modern Times 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 Modern Times' 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 Modern Times Group upside and downside potential and time the market with a certain degree of confidence.

Modern Times Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Modern Times' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Modern Times' standard deviation. In reality, there are many statistical measures that can use Modern Times historical prices to predict the future Modern Times' volatility.
Hype
Prediction
LowEstimatedHigh
92.6894.5096.32
Details
Intrinsic
Valuation
LowRealHigh
85.05105.91107.73
Details
Naive
Forecast
LowNextHigh
95.6797.4999.32
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
90.8393.2095.57
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Modern Times. Your research has to be compared to or analyzed against Modern Times' peers to derive any actionable benefits. When done correctly, Modern Times' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Modern Times Group.

Modern Times Group Backtested Returns

Modern Times appears to be very steady, given 3 months investment horizon. Modern Times Group has Sharpe Ratio of 0.2, which conveys that the firm had a 0.2% return per unit of risk over the last 3 months. We have found thirty technical indicators for Modern Times, which you can use to evaluate the volatility of the firm. Please exercise Modern Times' Risk Adjusted Performance of 0.156, mean deviation of 1.25, and Downside Deviation of 1.6 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Modern Times holds a performance score of 15. The company secures a Beta (Market Risk) of 0.29, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Modern Times' returns are expected to increase less than the market. However, during the bear market, the loss of holding Modern Times is expected to be smaller as well. Please check Modern Times' semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and standard deviation , to make a quick decision on whether Modern Times' current price movements will revert.

Auto-correlation

    
  0.34  

Below average predictability

Modern Times Group has below average predictability. Overlapping area represents the amount of predictability between Modern Times time series from 22nd of November 2024 to 7th of December 2024 and 7th of December 2024 to 22nd of December 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 Modern Times Group price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current Modern Times price fluctuation can be explain by its past prices.
Correlation Coefficient0.34
Spearman Rank Test0.68
Residual Average0.0
Price Variance0.69

Modern Times Group lagged returns against current returns

Autocorrelation, which is Modern Times 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 Modern Times' stock expected returns. We can calculate the autocorrelation of Modern Times returns to help us make a trade decision. For example, suppose you find that Modern Times 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  

Modern Times 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 Modern Times stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Modern Times stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Modern Times stock over time.
   Current vs Lagged Prices   
       Timeline  

Modern Times Lagged Returns

When evaluating Modern Times' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Modern Times stock have on its future price. Modern Times 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, Modern Times autocorrelation shows the relationship between Modern Times stock current value and its past values and can show if there is a momentum factor associated with investing in Modern Times Group.
   Regressed Prices   
       Timeline  

Thematic Opportunities

Explore Investment Opportunities

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Additional Tools for Modern Stock Analysis

When running Modern Times' price analysis, check to measure Modern Times' 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 Modern Times is operating at the current time. Most of Modern Times' value examination focuses on studying past and present price action to predict the probability of Modern Times' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Modern Times' price. Additionally, you may evaluate how the addition of Modern Times to your portfolios can decrease your overall portfolio volatility.