VIAPLAY GROUP (Germany) Market Value
| NEB Stock | EUR 0.06 0 2.56% |
| Symbol | VIAPLAY |
VIAPLAY GROUP '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 VIAPLAY GROUP'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 VIAPLAY GROUP.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in VIAPLAY GROUP on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding VIAPLAY GROUP AB or generate 0.0% return on investment in VIAPLAY GROUP over 540 days. VIAPLAY GROUP is related to or competes with INTER CARS, Siamgas, Grupo Carso, Motorcar Parts, Carsales, Geely Automobile, and Regions Financial. Nordic Entertainment Group AB operates as an entertainment provider and streaming company in Sweden, Norway, Denmark, Fi... More
VIAPLAY GROUP 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 VIAPLAY GROUP'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 VIAPLAY GROUP AB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 26.33 | |||
| Value At Risk | (6.19) | |||
| Potential Upside | 5.67 |
VIAPLAY GROUP Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for VIAPLAY GROUP's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as VIAPLAY GROUP's standard deviation. In reality, there are many statistical measures that can use VIAPLAY GROUP historical prices to predict the future VIAPLAY GROUP's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.28) | |||
| Total Risk Alpha | (0.91) | |||
| Treynor Ratio | (0.70) |
VIAPLAY GROUP AB Backtested Returns
VIAPLAY GROUP AB retains Efficiency (Sharpe Ratio) of -0.0546, which indicates the firm had a -0.0546% return per unit of volatility over the last 3 months. VIAPLAY GROUP exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate VIAPLAY GROUP's risk adjusted performance of (0.03), and Standard Deviation of 4.45 to confirm the risk estimate we provide. The entity owns a Beta (Systematic Risk) of 0.34, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, VIAPLAY GROUP's returns are expected to increase less than the market. However, during the bear market, the loss of holding VIAPLAY GROUP is expected to be smaller as well. At this point, VIAPLAY GROUP AB has a negative expected return of -0.24%. Please make sure to validate VIAPLAY GROUP's mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance , to decide if VIAPLAY GROUP AB performance from the past will be repeated in the future.
Auto-correlation | 0.34 |
Below average predictability
VIAPLAY GROUP AB has below average predictability. Overlapping area represents the amount of predictability between VIAPLAY GROUP time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th 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 VIAPLAY GROUP AB price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current VIAPLAY GROUP price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.34 | |
| Spearman Rank Test | 0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
VIAPLAY GROUP AB lagged returns against current returns
Autocorrelation, which is VIAPLAY GROUP 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 VIAPLAY GROUP's stock expected returns. We can calculate the autocorrelation of VIAPLAY GROUP returns to help us make a trade decision. For example, suppose you find that VIAPLAY GROUP 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 |
VIAPLAY GROUP 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 VIAPLAY GROUP stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if VIAPLAY GROUP stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in VIAPLAY GROUP stock over time.
Current vs Lagged Prices |
| Timeline |
VIAPLAY GROUP Lagged Returns
When evaluating VIAPLAY GROUP's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of VIAPLAY GROUP stock have on its future price. VIAPLAY GROUP 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, VIAPLAY GROUP autocorrelation shows the relationship between VIAPLAY GROUP stock current value and its past values and can show if there is a momentum factor associated with investing in VIAPLAY GROUP AB.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in VIAPLAY Stock
VIAPLAY GROUP financial ratios help investors to determine whether VIAPLAY 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 VIAPLAY with respect to the benefits of owning VIAPLAY GROUP security.