Walt Disney Stock Market Value
| DIS Stock | USD 113.71 1.72 1.54% |
| Symbol | Disney |
Walt Disney Price To Book Ratio
Is Disney's industry 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 Disney. If investors know Disney 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 Disney listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.486 | Dividend Share 0.3 | Earnings Share 1.64 | Revenue Per Share 48.605 | Quarterly Revenue Growth 0.002 |
The market value of Walt Disney is measured differently than its book value, which is the value of Disney that is recorded on the company's balance sheet. Investors also form their own opinion of Disney's value that differs from its market value or its book value, called intrinsic value, which is Disney'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 Disney's market value can be influenced by many factors that don't directly affect Disney'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 Disney's value and its price as these two are different measures arrived at by different means. Investors typically determine if Disney is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Disney'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.
Disney '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 Disney'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 Disney.
| 03/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in Disney on March 25, 2024 and sell it all today you would earn a total of 0.00 from holding Walt Disney or generate 0.0% return on investment in Disney over 30 days. Disney is related to or competes with Paramount Global, and Warner Bros. The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide More
Disney 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 Disney'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 Walt Disney upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.29 | |||
| Information Ratio | 0.1189 | |||
| Maximum Drawdown | 14.63 | |||
| Value At Risk | (1.94) | |||
| Potential Upside | 2.23 |
Disney Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Disney's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Disney's standard deviation. In reality, there are many statistical measures that can use Disney historical prices to predict the future Disney's volatility.| Risk Adjusted Performance | 0.1093 | |||
| Jensen Alpha | 0.2425 | |||
| Total Risk Alpha | 0.061 | |||
| Sortino Ratio | 0.1727 | |||
| Treynor Ratio | 0.4057 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Disney'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.
Walt Disney Backtested Returns
Disney appears to be very steady, given 3 months investment horizon. Walt Disney secures Sharpe Ratio (or Efficiency) of 0.16, which denotes the company had a 0.16% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Walt Disney, which you can use to evaluate the volatility of the firm. Please utilize Disney's Semi Deviation of 0.962, downside deviation of 1.29, and Risk Adjusted Performance of 0.1093 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Disney holds a performance score of 12. The firm shows a Beta (market volatility) of 0.74, which means possible diversification benefits within a given portfolio. As returns on the market increase, Disney's returns are expected to increase less than the market. However, during the bear market, the loss of holding Disney is expected to be smaller as well. Please check Disney's downside variance, and the relationship between the sortino ratio and accumulation distribution , to make a quick decision on whether Disney's price patterns will revert.
Auto-correlation | 0.31 |
Below average predictability
Walt Disney has below average predictability. Overlapping area represents the amount of predictability between Disney time series from 25th of March 2024 to 9th of April 2024 and 9th of April 2024 to 24th of April 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 Walt Disney price movement. The serial correlation of 0.31 indicates that nearly 31.0% of current Disney price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.31 | |
| Spearman Rank Test | 0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 4.17 |
Walt Disney lagged returns against current returns
Autocorrelation, which is Disney 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 Disney's stock expected returns. We can calculate the autocorrelation of Disney returns to help us make a trade decision. For example, suppose you find that Disney 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 |
Disney 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 Disney stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Disney stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Disney stock over time.
Current vs Lagged Prices |
| Timeline |
Disney Lagged Returns
When evaluating Disney's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Disney stock have on its future price. Disney 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, Disney autocorrelation shows the relationship between Disney stock current value and its past values and can show if there is a momentum factor associated with investing in Walt Disney.
Regressed Prices |
| Timeline |
Pair Trading with Disney
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 Disney 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 Disney will appreciate offsetting losses from the drop in the long position's value.Moving against Disney Stock
| 0.78 | TU | Telus Corp Financial Report 2nd of May 2024 | PairCorr |
| 0.76 | WMG | Warner Music Group Financial Report 14th of May 2024 | PairCorr |
| 0.73 | SJ | Scienjoy Holding Corp Report 26th of April 2024 | PairCorr |
| 0.63 | TC | TuanChe ADR | PairCorr |
| 0.59 | BATRA | Atlanta Braves Holdings | PairCorr |
The ability to find closely correlated positions to Disney could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Disney 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 Disney - 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 Walt Disney to buy it.
The correlation of Disney 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 Disney moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Walt Disney 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 Disney 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 Disney Correlation, Disney Volatility and Disney Alpha and Beta module to complement your research on Disney. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Complementary Tools for Disney Stock analysis
When running Disney's price analysis, check to measure Disney'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 Disney is operating at the current time. Most of Disney's value examination focuses on studying past and present price action to predict the probability of Disney's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Disney's price. Additionally, you may evaluate how the addition of Disney to your portfolios can decrease your overall portfolio volatility.
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Disney 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.