Softbank Corp Stock Market Value
| SOBKY Stock | USD 12.54 0.06 0.48% |
| Symbol | SoftBank |
SoftBank Corp '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 SoftBank Corp's pink sheet 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 SoftBank Corp.
| 01/05/2023 |
| 12/25/2024 |
If you would invest 0.00 in SoftBank Corp on January 5, 2023 and sell it all today you would earn a total of 0.00 from holding SoftBank Corp or generate 0.0% return on investment in SoftBank Corp over 720 days. SoftBank Corp is related to or competes with Softbank Group, Orange SA, Charter Communications, Cable One, T Mobile, Lumen Technologies, and Verizon Communications. SoftBank Corp. operates as an affiliate of paypay bank corporation with 14.87 percent indirect stakes More
SoftBank Corp 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 SoftBank Corp's pink sheet 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 SoftBank Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 8.69 | |||
| Value At Risk | (2.18) | |||
| Potential Upside | 1.63 |
SoftBank Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SoftBank Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SoftBank Corp's standard deviation. In reality, there are many statistical measures that can use SoftBank Corp historical prices to predict the future SoftBank Corp's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | (5.66) |
SoftBank Corp Backtested Returns
SoftBank Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.099, which indicates the firm had a -0.099% return per unit of risk over the last 3 months. SoftBank Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SoftBank Corp's Coefficient Of Variation of (926.65), variance of 1.78, and Risk Adjusted Performance of (0.08) to confirm the risk estimate we provide. The entity has a beta of 0.0272, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SoftBank Corp's returns are expected to increase less than the market. However, during the bear market, the loss of holding SoftBank Corp is expected to be smaller as well. At this point, SoftBank Corp has a negative expected return of -0.13%. Please make sure to validate SoftBank Corp's standard deviation, potential upside, as well as the relationship between the Potential Upside and day median price , to decide if SoftBank Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.34 |
Below average predictability
SoftBank Corp has below average predictability. Overlapping area represents the amount of predictability between SoftBank Corp time series from 5th of January 2023 to 31st of December 2023 and 31st of December 2023 to 25th 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 SoftBank Corp price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current SoftBank Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.34 | |
| Spearman Rank Test | 0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 0.28 |
SoftBank Corp lagged returns against current returns
Autocorrelation, which is SoftBank Corp pink sheet'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 SoftBank Corp's pink sheet expected returns. We can calculate the autocorrelation of SoftBank Corp returns to help us make a trade decision. For example, suppose you find that SoftBank Corp has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
SoftBank Corp 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 SoftBank Corp pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SoftBank Corp pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SoftBank Corp pink sheet over time.
Current vs Lagged Prices |
| Timeline |
SoftBank Corp Lagged Returns
When evaluating SoftBank Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SoftBank Corp pink sheet have on its future price. SoftBank Corp 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, SoftBank Corp autocorrelation shows the relationship between SoftBank Corp pink sheet current value and its past values and can show if there is a momentum factor associated with investing in SoftBank Corp.
Regressed Prices |
| Timeline |
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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 SoftBank Pink Sheet Analysis
When running SoftBank Corp's price analysis, check to measure SoftBank Corp'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 SoftBank Corp is operating at the current time. Most of SoftBank Corp's value examination focuses on studying past and present price action to predict the probability of SoftBank Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SoftBank Corp's price. Additionally, you may evaluate how the addition of SoftBank Corp to your portfolios can decrease your overall portfolio volatility.