Sony Group (Germany) Market Value
| SONA Stock | 20.40 0.40 1.92% |
| Symbol | Sony |
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.
| 12/25/2023 |
| 12/19/2024 |
If you would invest 0.00 in Sony Group on December 25, 2023 and sell it all today you would earn a total of 0.00 from holding Sony Group Corp or generate 0.0% return on investment in Sony Group over 360 days. Sony Group is related to or competes with Apple, Apple, Apple, Apple, Apple, Microsoft, and Microsoft. 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 Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.05 | |||
| Information Ratio | 0.1883 | |||
| Maximum Drawdown | 10.07 | |||
| Value At Risk | (2.31) | |||
| Potential Upside | 3.03 |
Sony Group Market Risk Indicators
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.| Risk Adjusted Performance | 0.1678 | |||
| Jensen Alpha | 0.3627 | |||
| Total Risk Alpha | 0.327 | |||
| Sortino Ratio | 0.1726 | |||
| Treynor Ratio | 0.756 |
Sony Group Corp Backtested Returns
Sony Group appears to be very steady, given 3 months investment horizon. Sony Group Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.18, which indicates the firm had a 0.18% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Sony Group Corp, which you can use to evaluate the volatility of the company. Please review Sony Group's Coefficient Of Variation of 490.61, risk adjusted performance of 0.1678, and Semi Deviation of 1.3 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 14. The entity has a beta of 0.49, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Sony Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sony Group is expected to be smaller as well. 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 | -0.48 |
Modest reverse predictability
Sony Group Corp has modest reverse predictability. Overlapping area represents the amount of predictability between Sony Group time series from 25th of December 2023 to 22nd of June 2024 and 22nd of June 2024 to 19th 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 Sony Group Corp price movement. The serial correlation of -0.48 indicates that about 48.0% of current Sony Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.48 | |
| Spearman Rank Test | -0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 1.57 |
Sony Group Corp 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 Corp.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Sony Stock Analysis
When running Sony Group's price analysis, check to measure Sony Group'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 Sony Group is operating at the current time. Most of Sony Group's value examination focuses on studying past and present price action to predict the probability of Sony Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sony Group's price. Additionally, you may evaluate how the addition of Sony Group to your portfolios can decrease your overall portfolio volatility.