SNEJF OTC Stock Market Value

SNEJF -  USA Stock  

USD 98.28  1.67  1.67%

Sony Corp's market value is the price at which a share of Sony Corp stock trades on a public exchange. It measures the collective expectations of Sony Corp Ord investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Sony Corp Ord and determine expected loss or profit from investing in Sony Corp over a given investment horizon. Additionally, take a look at Sony Corp Hype Analysis, Sony Corp Correlation, Sony Corp Valuation, Sony Corp Volatility, as well as analyze Sony Corp Alpha and Beta and Sony Corp Performance.
Symbol
Backtest


The market value of Sony Corp Ord is measured differently than its book value, which is the value of SNEJF that is recorded on the company's balance sheet. Investors also form their own opinion of Sony Corp's value that differs from its market value or its book value, called intrinsic value, which is Sony Corp'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 Sony Corp's market value can be influenced by many factors that don't directly affect Sony Corp Ord underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sony Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Sony Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sony Corp'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 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 Sony Corp's otc 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 Corp.
0.00
04/27/2021
No Change 0.00  0.0 
In 3 months and 1 day
07/26/2021
0.00
If you would invest  0.00  in Sony Corp on April 27, 2021 and sell it all today you would earn a total of 0.00 from holding Sony Corp Ord or generate 0.0% return on investment in Sony Corp over 90 days. Sony Corp is related to or competes with Apple, A B, Lg Display, and Rinnai Corp. Sony Group Corporation designs, develops, produces, and sells electronic equipment, instruments, and devices for the con...

Sony 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 Sony Corp's otc 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 Corp Ord upside and downside potential and time the market with a certain degree of confidence.

Sony Corp Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Sony Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sony Corp's standard deviation. In reality, there are many statistical measures that can use Sony Corp historical prices to predict the future Sony Corp's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Sony Corp's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Sony Corp in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
98.00100.03102.06
Details
Intrinsic
Valuation
LowReal ValueHigh
97.6999.72101.75
Details
Naive
Forecast
LowNext ValueHigh
94.1096.1398.16
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
94.4199.70105.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Sony Corp. Your research has to be compared to or analyzed against Sony Corp's peers to derive any actionable benefits. When done correctly, Sony Corp's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Sony Corp Ord.

Sony Corp Ord Backtested Returns

Sony Corp Ord owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0579, which indicates the firm had -0.0579% of return per unit of risk over the last 3 months. Macroaxis standpoint towards measuring the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Sony Corp Ord exposes twenty-six different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate Sony Corp risk adjusted performance of (0.028581), and Coefficient Of Variation of (2,135) to confirm the risk estimate we provide.
The entity has a beta of 1.3263, which indicates a somewhat significant risk relative to the market. Let's try to break down what SNEJF's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Sony Corp will likely underperform. Even though it is essential to pay attention to Sony Corp Ord current price movements, it is always good to be careful when utilizing equity historical returns. Our philosophy towards measuring any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Sony Corp Ord exposes twenty-six different technical indicators, which can help you to evaluate its performance. Sony Corp Ord has an expected return of -0.12%. Please be advised to validate Sony Corp semi variance, and the relationship between the maximum drawdown and daily balance of power to decide if Sony Corp Ord performance from the past will be repeated at some point in the near future.
AdviceVolatility TrendExposureCorrelations

Auto-correlation

    
   0.15   

Insignificant predictability

Sony Corp Ord has insignificant predictability. Overlapping area represents the amount of predictability between Sony Corp time series from 27th of April 2021 to 11th of June 2021 and 11th of June 2021 to 26th of July 2021. 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 Corp Ord price movement. The serial correlation of 0.15 indicates that less than 15.0% of current Sony Corp price fluctuation can be explain by its past prices.
Correlation Coefficient0.15
Spearman Rank Test-0.45
Residual Average0.0
Price Variance6.28

Sony Corp Ord lagged returns against current returns

Autocorrelation, which is Sony Corp otc 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 Corp's otc stock expected returns. We can calculate the autocorrelation of Sony Corp returns to help us make a trade decision. For example, suppose you find that Sony Corp otc stock 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 stock movement to match the lagging time series.
 Current and Lagged Values 
Share
      Timeline 

Sony 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 Sony Corp otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sony Corp otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sony Corp otc stock over time.
 Current vs Lagged Prices 
Share
      Timeline 

Sony Corp Lagged Returns

When evaluating Sony Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sony Corp otc stock have on its future price. Sony 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, Sony Corp autocorrelation shows the relationship between Sony Corp otc stock current value and its past values and can show if there is a momentum factor associated with investing in Sony Corp Ord.
 Regressed Prices 
Share
      Timeline 

Sony Corp Investors Sentiment

The influence of Sony Corp's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in SNEJF. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Current Sentiment - SNEJF

Sony Corp Ord Investor Sentiment

Most of Macroaxis users are at this time bullish on Sony Corp Ord. What is your outlook on investing in Sony Corp Ord? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
Skip

Currently Active Assets on Macroaxis

Additionally, take a look at Sony Corp Hype Analysis, Sony Corp Correlation, Sony Corp Valuation, Sony Corp Volatility, as well as analyze Sony Corp Alpha and Beta and Sony Corp Performance. Note that the Sony Corp Ord information on this page should be used as a complementary analysis to other Sony Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Probability Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

Complementary Tools for SNEJF OTC Stock analysis

When running Sony Corp Ord price analysis, check to measure Sony 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 Sony Corp is operating at the current time. Most of Sony Corp's value examination focuses on studying past and present price action to predict the probability of Sony Corp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Sony Corp's price. Additionally, you may evaluate how the addition of Sony Corp to your portfolios can decrease your overall portfolio volatility.
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Go
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Go
Transaction History
View history of all your transactions and understand their impact on performance
Go
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Go
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Go
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Go
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Go
Equity Valuation
Check real value of public entities based on technical and fundamental data
Go
Sony Corp technical otc 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.
A focus of Sony Corp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Sony Corp trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...