Cablevision Holding (Argentina) Market Value
| CVH Stock | ARS 4,778 75.50 1.61% |
| Symbol | Cablevision |
Cablevision Holding '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 Cablevision Holding'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 Cablevision Holding.
| 04/07/2024 |
| 05/07/2024 |
If you would invest 0.00 in Cablevision Holding on April 7, 2024 and sell it all today you would earn a total of 0.00 from holding Cablevision Holding SA or generate 0.0% return on investment in Cablevision Holding over 30 days. Cablevision Holding is related to or competes with Compania, Harmony Gold, Agrometal SAI, Telecom Argentina, and Transportadora. Cablevisin Holding S.A. operates in the telecommunications industry primarily in Argentina More
Cablevision Holding 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 Cablevision Holding'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 Cablevision Holding SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.25 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 11.31 | |||
| Value At Risk | (5.14) | |||
| Potential Upside | 4.95 |
Cablevision Holding Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cablevision Holding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cablevision Holding's standard deviation. In reality, there are many statistical measures that can use Cablevision Holding historical prices to predict the future Cablevision Holding's volatility.| Risk Adjusted Performance | 0.0091 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.31) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0.01) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Cablevision Holding'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.
Cablevision Holding Backtested Returns
We consider Cablevision Holding very steady. Cablevision Holding secures Sharpe Ratio (or Efficiency) of 0.0591, which signifies that the company had a 0.0591% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Cablevision Holding SA, which you can use to evaluate the volatility of the firm. Please confirm Cablevision Holding's mean deviation of 2.45, and Risk Adjusted Performance of 0.0091 to double-check if the risk estimate we provide is consistent with the expected return of 0.17%. Cablevision Holding has a performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.73, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Cablevision Holding's returns are expected to increase less than the market. However, during the bear market, the loss of holding Cablevision Holding is expected to be smaller as well. Cablevision Holding right now shows a risk of 2.95%. Please confirm Cablevision Holding semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to decide if Cablevision Holding will be following its price patterns.
Auto-correlation | 0.47 |
Average predictability
Cablevision Holding SA has average predictability. Overlapping area represents the amount of predictability between Cablevision Holding time series from 7th of April 2024 to 22nd of April 2024 and 22nd of April 2024 to 7th of May 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 Cablevision Holding price movement. The serial correlation of 0.47 indicates that about 47.0% of current Cablevision Holding price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.47 | |
| Spearman Rank Test | 0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 58.6 K |
Cablevision Holding lagged returns against current returns
Autocorrelation, which is Cablevision Holding 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 Cablevision Holding's stock expected returns. We can calculate the autocorrelation of Cablevision Holding returns to help us make a trade decision. For example, suppose you find that Cablevision Holding 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 |
Cablevision Holding 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 Cablevision Holding stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cablevision Holding stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cablevision Holding stock over time.
Current vs Lagged Prices |
| Timeline |
Cablevision Holding Lagged Returns
When evaluating Cablevision Holding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cablevision Holding stock have on its future price. Cablevision Holding 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, Cablevision Holding autocorrelation shows the relationship between Cablevision Holding stock current value and its past values and can show if there is a momentum factor associated with investing in Cablevision Holding SA.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Cablevision Holding in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Cablevision Holding's short interest history, or implied volatility extrapolated from Cablevision Holding options trading.
Pair Trading with Cablevision Holding
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cablevision Holding position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cablevision Holding will appreciate offsetting losses from the drop in the long position's value.Moving together with Cablevision Stock
| 0.9 | TECO2 | Telecom Argentina | PairCorr |
The ability to find closely correlated positions to Cablevision Holding could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cablevision Holding when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cablevision Holding - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cablevision Holding SA to buy it.
The correlation of Cablevision Holding is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cablevision Holding moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cablevision Holding moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cablevision Holding can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Cablevision Holding Correlation, Cablevision Holding Volatility and Cablevision Holding Alpha and Beta module to complement your research on Cablevision Holding. Note that the Cablevision Holding information on this page should be used as a complementary analysis to other Cablevision Holding'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 the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Complementary Tools for Cablevision Stock analysis
When running Cablevision Holding's price analysis, check to measure Cablevision Holding'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 Cablevision Holding is operating at the current time. Most of Cablevision Holding's value examination focuses on studying past and present price action to predict the probability of Cablevision Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cablevision Holding's price. Additionally, you may evaluate how the addition of Cablevision Holding to your portfolios can decrease your overall portfolio volatility.
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Cablevision Holding 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.