Activision Stock Market Value

ATVI
 Stock
  

USD 74.72  1.25  1.70%   

Activision Blizzard's market value is the price at which a share of Activision Blizzard stock trades on a public exchange. It measures the collective expectations of Activision Blizzard investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Activision Blizzard and determine expected loss or profit from investing in Activision Blizzard over a given investment horizon. Please continue to Activision Blizzard Correlation, Activision Blizzard Volatility and Activision Blizzard Alpha and Beta module to complement your research on Activision Blizzard.
Symbol


Is Activision Blizzard'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 Activision Blizzard. If investors know Activision 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 Activision Blizzard 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 YOY
(0.33) 
Market Capitalization
58.5 B
Quarterly Revenue Growth YOY
(0.14) 
Return On Assets
0.0522
Return On Equity
0.0936
The market value of Activision Blizzard is measured differently than its book value, which is the value of Activision that is recorded on the company's balance sheet. Investors also form their own opinion of Activision Blizzard's value that differs from its market value or its book value, called intrinsic value, which is Activision Blizzard'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 Activision Blizzard's market value can be influenced by many factors that don't directly affect Activision Blizzard'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 Activision Blizzard's value and its price as these two are different measures arrived at by different means. Investors typically determine Activision Blizzard value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Activision Blizzard'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.

Activision Blizzard '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 Activision Blizzard'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 Activision Blizzard.
0.00
01/08/2021
No Change 0.00  0.0 
In 1 year 10 months and 21 days
11/29/2022
0.00
If you would invest  0.00  in Activision Blizzard on January 8, 2021 and sell it all today you would earn a total of 0.00 from holding Activision Blizzard or generate 0.0% return on investment in Activision Blizzard over 690 days. Activision Blizzard is related to or competes with Boyd Gaming, Comcast Corp, Cinemark Holdings, Caesars Entertainment, Disney, Dish Network, and Fox Corp. Activision Blizzard, Inc., together with its subsidiaries, develops and publishes interactive entertainment content and ... More

Activision Blizzard 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 Activision Blizzard'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 Activision Blizzard upside and downside potential and time the market with a certain degree of confidence.

Activision Blizzard Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Activision Blizzard's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Activision Blizzard's standard deviation. In reality, there are many statistical measures that can use Activision Blizzard historical prices to predict the future Activision Blizzard's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Activision Blizzard'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 Activision Blizzard in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
73.6074.7075.80
Details
Intrinsic
Valuation
LowReal ValueHigh
67.2583.2284.32
Details
Naive
Forecast
LowNext ValueHigh
74.0175.1276.22
Details
21 Analysts
Consensus
LowTarget PriceHigh
54.0091.68124.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Activision Blizzard. Your research has to be compared to or analyzed against Activision Blizzard's peers to derive any actionable benefits. When done correctly, Activision Blizzard'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 Activision Blizzard.

Activision Blizzard Backtested Returns

Activision Blizzard secures Sharpe Ratio (or Efficiency) of -0.0664, which signifies that the company had -0.0664% of return per unit of risk over the last 3 months. Macroaxis standpoint towards foreseeing 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. Activision Blizzard exposes twenty-seven different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Activision Blizzard mean deviation of 0.7663, and Risk Adjusted Performance of (0.11) to double-check the risk estimate we provide.
The firm shows a Beta (market volatility) of 0.2707, which signifies not very significant fluctuations relative to the market. Let's try to break down what Activision's beta means in this case. As returns on the market increase, Activision Blizzard returns are expected to increase less than the market. However, during the bear market, the loss on holding Activision Blizzard will be expected to be smaller as well. Even though it is essential to pay attention to Activision Blizzard historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards foreseeing 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. Activision Blizzard exposes twenty-seven different technical indicators, which can help you to evaluate its performance. Activision Blizzard has an expected return of -0.0733%. Please be advised to confirm Activision Blizzard value at risk, as well as the relationship between the skewness and day median price to decide if Activision Blizzard performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.26  

Poor predictability

Activision Blizzard has poor predictability. Overlapping area represents the amount of predictability between Activision Blizzard time series from 8th of January 2021 to 19th of December 2021 and 19th of December 2021 to 29th of November 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Activision Blizzard price movement. The serial correlation of 0.26 indicates that nearly 26.0% of current Activision Blizzard price fluctuation can be explain by its past prices.
Correlation Coefficient0.26
Spearman Rank Test0.26
Residual Average0.0
Price Variance18.36

Activision Blizzard lagged returns against current returns

Autocorrelation, which is Activision Blizzard 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 Activision Blizzard's stock expected returns. We can calculate the autocorrelation of Activision Blizzard returns to help us make a trade decision. For example, suppose you find that Activision Blizzard 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  

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

Activision Blizzard Lagged Returns

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

Activision Blizzard Investors Sentiment

The influence of Activision Blizzard'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 Activision. 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.
Investor biases related to Activision Blizzard's public news can be used to forecast risks associated with investment in Activision. The trend in average sentiment can be used to explain how an investor holding Activision can time the market purely based on public headlines and social activities around Activision Blizzard. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Activision Blizzard's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Activision Blizzard's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Activision Blizzard's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Activision Blizzard.

Activision Blizzard Implied Volatility

    
  30.16  
Activision Blizzard's implied volatility exposes the market's sentiment of Activision Blizzard stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Activision Blizzard's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Activision Blizzard stock will not fluctuate a lot when Activision Blizzard's options are near their expiration.
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 Activision Blizzard 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, Activision Blizzard's short interest history, or implied volatility extrapolated from Activision Blizzard options trading.

Pair Trading with Activision Blizzard

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 Activision Blizzard 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 Activision Blizzard will appreciate offsetting losses from the drop in the long position's value.

Moving together with Activision Blizzard

+0.83CNKCinemark Holdings Normal TradingPairCorr
+0.89BABAAlibaba Group Holding TrendingPairCorr
+0.8BBBYBed Bath Beyond Normal TradingPairCorr

Moving against Activision Blizzard

-0.73AZPNAspen Technology Sell-off TrendPairCorr
-0.59TTCToro Company Fiscal Year End 21st of December 2022 PairCorr
The ability to find closely correlated positions to Activision Blizzard could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Activision Blizzard 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 Activision Blizzard - 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 Activision Blizzard to buy it.
The correlation of Activision Blizzard is a statistical measure of how it moves in relation to other equities. 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 Activision Blizzard moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Activision Blizzard 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 Activision Blizzard 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.
Pair CorrelationCorrelation Matching
Please continue to Activision Blizzard Correlation, Activision Blizzard Volatility and Activision Blizzard Alpha and Beta module to complement your research on Activision Blizzard. You can also try Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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When running Activision Blizzard price analysis, check to measure Activision Blizzard'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 Activision Blizzard is operating at the current time. Most of Activision Blizzard's value examination focuses on studying past and present price action to predict the probability of Activision Blizzard's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Activision Blizzard's price. Additionally, you may evaluate how the addition of Activision Blizzard to your portfolios can decrease your overall portfolio volatility.
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Activision Blizzard 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.
A focus of Activision Blizzard technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Activision Blizzard 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...