Sony Group's market value is the price at which a share of Sony Group trades on a public exchange. It measures the collective expectations of Sony Group investors about its performance. Sony Group is trading at 19.10 as of the 18th of January 2025. This is a 1.55% down since the beginning of the trading day. The stock's lowest day price was 19.1. With this module, you can estimate the performance of a buy and hold strategy of Sony Group and determine expected loss or profit from investing in Sony Group over a given investment horizon. Check out Sony Group Correlation, Sony Group Volatility and Sony Group Alpha and Beta module to complement your research on Sony Group.
Please note, there is a significant difference between Sony Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sony Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sony Group's 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.
Sony 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 Sony 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 Sony Group.
0.00
12/19/2024
No Change 0.00
0.0
In 31 days
01/18/2025
0.00
If you would invest 0.00 in Sony Group on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Sony Group or generate 0.0% return on investment in Sony Group over 30 days. Sony Group is related to or competes with Apple, Apple, Samsung Electronics, Samsung Electronics, Sony Group, Xiaomi, and Panasonic Corp. Sony Corporation designs, develops, produces, and sells electronic equipment, instruments, and devices for the consumer,... More
Sony 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 Sony 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 Sony Group upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sony Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sony Group's standard deviation. In reality, there are many statistical measures that can use Sony Group historical prices to predict the future Sony Group's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Sony Group. Your research has to be compared to or analyzed against Sony Group's peers to derive any actionable benefits. When done correctly, Sony Group's 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 Sony Group.
Sony Group Backtested Returns
Sony Group appears to be not too volatile, given 3 months investment horizon. Sony Group owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0989, which indicates the firm had a 0.0989% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Sony Group, which you can use to evaluate the volatility of the company. Please review Sony Group's Risk Adjusted Performance of 0.0726, semi deviation of 2.37, and Coefficient Of Variation of 1279.99 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Sony Group holds a performance score of 7. The entity has a beta of -0.48, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Sony Group are expected to decrease at a much lower rate. During the bear market, Sony Group is likely to outperform the market. Please check Sony Group's total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether Sony Group's existing price patterns will revert.
Auto-correlation
0.25
Poor predictability
Sony Group has poor predictability. Overlapping area represents the amount of predictability between Sony Group time series from 19th of December 2024 to 3rd of January 2025 and 3rd of January 2025 to 18th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Sony Group price movement. The serial correlation of 0.25 indicates that over 25.0% of current Sony Group price fluctuation can be explain by its past prices.
Correlation Coefficient
0.25
Spearman Rank Test
-0.82
Residual Average
0.0
Price Variance
0.12
Sony Group lagged returns against current returns
Autocorrelation, which is Sony 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 Sony Group's stock expected returns. We can calculate the autocorrelation of Sony Group returns to help us make a trade decision. For example, suppose you find that Sony 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
Sony 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 Sony Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sony Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sony Group stock over time.
Current vs Lagged Prices
Timeline
Sony Group Lagged Returns
When evaluating Sony Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sony Group stock have on its future price. Sony 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, Sony Group autocorrelation shows the relationship between Sony Group stock current value and its past values and can show if there is a momentum factor associated with investing in Sony Group.
Sony Group financial ratios help investors to determine whether Sony 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 Sony with respect to the benefits of owning Sony Group security.