Yy Group Holding Stock Market Value
| YYGH Stock | 1.75 0.13 6.91% |
| Symbol | YYGH |
YY Group Holding Price To Book Ratio
Is Environmental & Facilities Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of YY Group. If investors know YYGH will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about YY Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.04 | Revenue Per Share | Quarterly Revenue Growth 0.41 | Return On Assets | Return On Equity |
The market value of YY Group Holding is measured differently than its book value, which is the value of YYGH that is recorded on the company's balance sheet. Investors also form their own opinion of YY Group's value that differs from its market value or its book value, called intrinsic value, which is YY Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because YY Group's market value can be influenced by many factors that don't directly affect YY Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between YY Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if YY Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, YY 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.
YY 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 YY 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 YY Group.
| 10/12/2023 |
| 01/04/2025 |
If you would invest 0.00 in YY Group on October 12, 2023 and sell it all today you would earn a total of 0.00 from holding YY Group Holding or generate 0.0% return on investment in YY Group over 450 days. YY Group is related to or competes with Solstad Offshore, Weyco, WT Offshore, Cedar Realty, Old Dominion, Sea, and MYT Netherlands. YY Group is entity of United States. It is traded as Stock on NASDAQ exchange. More
YY 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 YY 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 YY Group Holding upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.08 | |||
| Information Ratio | 0.1541 | |||
| Maximum Drawdown | 27.7 | |||
| Value At Risk | (5.21) | |||
| Potential Upside | 7.83 |
YY Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for YY Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as YY Group's standard deviation. In reality, there are many statistical measures that can use YY Group historical prices to predict the future YY Group's volatility.| Risk Adjusted Performance | 0.1373 | |||
| Jensen Alpha | 0.6721 | |||
| Total Risk Alpha | 0.6131 | |||
| Sortino Ratio | 0.1635 | |||
| Treynor Ratio | 1.23 |
YY Group Holding Backtested Returns
YY Group appears to be dangerous, given 3 months investment horizon. YY Group Holding retains Efficiency (Sharpe Ratio) of 0.16, which attests that the company had a 0.16% return per unit of price deviation over the last 3 months. By examining YY Group's technical indicators, you can evaluate if the expected return of 0.69% is justified by implied risk. Please utilize YY Group's standard deviation of 4.33, and Market Risk Adjusted Performance of 1.24 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, YY Group holds a performance score of 12. The firm owns a Beta (Systematic Risk) of 0.55, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, YY Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding YY Group is expected to be smaller as well. Please check YY Group's standard deviation, expected short fall, period momentum indicator, as well as the relationship between the maximum drawdown and rate of daily change , to make a quick decision on whether YY Group's current price history will revert.
Auto-correlation | 0.77 |
Good predictability
YY Group Holding has good predictability. Overlapping area represents the amount of predictability between YY Group time series from 12th of October 2023 to 24th of May 2024 and 24th of May 2024 to 4th 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 YY Group Holding price movement. The serial correlation of 0.77 indicates that around 77.0% of current YY Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.77 | |
| Spearman Rank Test | 0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
YY Group Holding lagged returns against current returns
Autocorrelation, which is YY 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 YY Group's stock expected returns. We can calculate the autocorrelation of YY Group returns to help us make a trade decision. For example, suppose you find that YY 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 |
YY 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 YY Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if YY Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in YY Group stock over time.
Current vs Lagged Prices |
| Timeline |
YY Group Lagged Returns
When evaluating YY Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of YY Group stock have on its future price. YY 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, YY Group autocorrelation shows the relationship between YY Group stock current value and its past values and can show if there is a momentum factor associated with investing in YY Group Holding.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether YY Group Holding offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of YY Group's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Yy Group Holding Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Yy Group Holding Stock:Check out YY Group Correlation, YY Group Volatility and YY Group Alpha and Beta module to complement your research on YY Group. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
YY Group technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.