Sports Entertainment (Australia) Market Value
| SEG Stock | 0.22 0.00 0.00% |
| Symbol | Sports |
Sports Entertainment '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 Sports Entertainment'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 Sports Entertainment.
| 11/28/2024 |
| 12/28/2024 |
If you would invest 0.00 in Sports Entertainment on November 28, 2024 and sell it all today you would earn a total of 0.00 from holding Sports Entertainment Group or generate 0.0% return on investment in Sports Entertainment over 30 days. Sports Entertainment is related to or competes with Aurelia Metals, Hotel Property, Falcon Metals, and Retail Food. Sports Entertainment is entity of Australia More
Sports Entertainment 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 Sports Entertainment'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 Sports Entertainment Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 26.52 | |||
| Value At Risk | (8.33) | |||
| Potential Upside | 8.7 |
Sports Entertainment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sports Entertainment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sports Entertainment's standard deviation. In reality, there are many statistical measures that can use Sports Entertainment historical prices to predict the future Sports Entertainment's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.23) | |||
| Total Risk Alpha | (0.39) | |||
| Treynor Ratio | 0.3225 |
Sports Entertainment Backtested Returns
Sports Entertainment owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0382, which indicates the firm had a -0.0382% return per unit of risk over the last 3 months. Sports Entertainment Group exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sports Entertainment's Variance of 25.71, risk adjusted performance of (0.03), and Coefficient Of Variation of (2,128) to confirm the risk estimate we provide. The entity has a beta of -0.77, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Sports Entertainment are expected to decrease at a much lower rate. During the bear market, Sports Entertainment is likely to outperform the market. At this point, Sports Entertainment has a negative expected return of -0.17%. Please make sure to validate Sports Entertainment's potential upside, kurtosis, and the relationship between the value at risk and skewness , to decide if Sports Entertainment performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Sports Entertainment Group has no correlation between past and present. Overlapping area represents the amount of predictability between Sports Entertainment time series from 28th of November 2024 to 13th of December 2024 and 13th of December 2024 to 28th 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 Sports Entertainment price movement. The serial correlation of 0.0 indicates that just 0.0% of current Sports Entertainment price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Sports Entertainment lagged returns against current returns
Autocorrelation, which is Sports Entertainment 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 Sports Entertainment's stock expected returns. We can calculate the autocorrelation of Sports Entertainment returns to help us make a trade decision. For example, suppose you find that Sports Entertainment 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 |
Sports Entertainment 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 Sports Entertainment stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sports Entertainment stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sports Entertainment stock over time.
Current vs Lagged Prices |
| Timeline |
Sports Entertainment Lagged Returns
When evaluating Sports Entertainment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sports Entertainment stock have on its future price. Sports Entertainment 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, Sports Entertainment autocorrelation shows the relationship between Sports Entertainment stock current value and its past values and can show if there is a momentum factor associated with investing in Sports Entertainment Group.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Sports Stock Analysis
When running Sports Entertainment's price analysis, check to measure Sports Entertainment'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 Sports Entertainment is operating at the current time. Most of Sports Entertainment's value examination focuses on studying past and present price action to predict the probability of Sports Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sports Entertainment's price. Additionally, you may evaluate how the addition of Sports Entertainment to your portfolios can decrease your overall portfolio volatility.