Prosiebensat (Germany) Market Value
| PSM Stock | 5.47 0.10 1.80% |
| Symbol | Prosiebensat |
Prosiebensat '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 Prosiebensat'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 Prosiebensat.
| 06/14/2024 |
| 12/11/2024 |
If you would invest 0.00 in Prosiebensat on June 14, 2024 and sell it all today you would earn a total of 0.00 from holding Prosiebensat 1 Media or generate 0.0% return on investment in Prosiebensat over 180 days. Prosiebensat is related to or competes with Vivendi SE, News, Superior Plus, NMI Holdings, SIVERS SEMICONDUCTORS, and NorAm Drilling. More
Prosiebensat 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 Prosiebensat'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 Prosiebensat 1 Media upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.91 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 12.17 | |||
| Value At Risk | (2.56) | |||
| Potential Upside | 3.6 |
Prosiebensat Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Prosiebensat's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Prosiebensat's standard deviation. In reality, there are many statistical measures that can use Prosiebensat historical prices to predict the future Prosiebensat's volatility.| Risk Adjusted Performance | 0.0287 | |||
| Jensen Alpha | 0.0979 | |||
| Total Risk Alpha | (0.33) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (0.23) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Prosiebensat's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Prosiebensat 1 Media Backtested Returns
Currently, Prosiebensat 1 Media is slightly risky. Prosiebensat 1 Media maintains Sharpe Ratio (i.e., Efficiency) of 0.042, which implies the firm had a 0.042% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Prosiebensat 1 Media, which you can use to evaluate the volatility of the company. Please check Prosiebensat's Semi Deviation of 1.76, coefficient of variation of 3344.56, and Risk Adjusted Performance of 0.0287 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%. Prosiebensat has a performance score of 3 on a scale of 0 to 100. The company holds a Beta of -0.28, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Prosiebensat are expected to decrease at a much lower rate. During the bear market, Prosiebensat is likely to outperform the market. Prosiebensat 1 Media right now holds a risk of 2.56%. Please check Prosiebensat 1 Media value at risk, as well as the relationship between the skewness and day median price , to decide if Prosiebensat 1 Media will be following its historical price patterns.
Auto-correlation | 0.74 |
Good predictability
Prosiebensat 1 Media has good predictability. Overlapping area represents the amount of predictability between Prosiebensat time series from 14th of June 2024 to 12th of September 2024 and 12th of September 2024 to 11th 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 Prosiebensat 1 Media price movement. The serial correlation of 0.74 indicates that around 74.0% of current Prosiebensat price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.74 | |
| Spearman Rank Test | 0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 0.25 |
Prosiebensat 1 Media lagged returns against current returns
Autocorrelation, which is Prosiebensat 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 Prosiebensat's stock expected returns. We can calculate the autocorrelation of Prosiebensat returns to help us make a trade decision. For example, suppose you find that Prosiebensat 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 |
Prosiebensat 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 Prosiebensat stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Prosiebensat stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Prosiebensat stock over time.
Current vs Lagged Prices |
| Timeline |
Prosiebensat Lagged Returns
When evaluating Prosiebensat's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Prosiebensat stock have on its future price. Prosiebensat 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, Prosiebensat autocorrelation shows the relationship between Prosiebensat stock current value and its past values and can show if there is a momentum factor associated with investing in Prosiebensat 1 Media.
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.Additional Tools for Prosiebensat Stock Analysis
When running Prosiebensat's price analysis, check to measure Prosiebensat'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 Prosiebensat is operating at the current time. Most of Prosiebensat's value examination focuses on studying past and present price action to predict the probability of Prosiebensat's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Prosiebensat's price. Additionally, you may evaluate how the addition of Prosiebensat to your portfolios can decrease your overall portfolio volatility.