TAMURA P (Germany) Market Value
| 5IA Stock | EUR 3.08 0.08 2.67% |
| Symbol | TAMURA |
TAMURA P '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 TAMURA P'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 TAMURA P.
| 05/13/2023 |
| 12/03/2024 |
If you would invest 0.00 in TAMURA P on May 13, 2023 and sell it all today you would earn a total of 0.00 from holding TAMURA P or generate 0.0% return on investment in TAMURA P over 570 days. TAMURA P is related to or competes with Hon Hai, Samsung SDI, Murata Manufacturing, Mitsubishi Electric, and TDK. Tamura Corporation manufactures and sells electronic components, electronic chemicalsFA systems, and information equipme... More
TAMURA P 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 TAMURA P'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 TAMURA P upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.24) | |||
| Maximum Drawdown | 9.76 | |||
| Value At Risk | (3.28) | |||
| Potential Upside | 2.67 |
TAMURA P Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TAMURA P's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TAMURA P's standard deviation. In reality, there are many statistical measures that can use TAMURA P historical prices to predict the future TAMURA P's volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.29) | |||
| Total Risk Alpha | (0.59) | |||
| Treynor Ratio | 1.41 |
TAMURA P Backtested Returns
TAMURA P owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.15, which indicates the company had a -0.15% return per unit of standard deviation over the last 3 months. TAMURA P exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate TAMURA P's Standard Deviation of 1.81, market risk adjusted performance of 1.42, and Risk Adjusted Performance of (0.12) to confirm the risk estimate we provide. The firm has a beta of -0.23, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning TAMURA P are expected to decrease at a much lower rate. During the bear market, TAMURA P is likely to outperform the market. At this point, TAMURA P has a negative expected return of -0.27%. Please make sure to validate TAMURA P's standard deviation, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if TAMURA P performance from the past will be repeated at future time.
Auto-correlation | -0.21 |
Weak reverse predictability
TAMURA P has weak reverse predictability. Overlapping area represents the amount of predictability between TAMURA P time series from 13th of May 2023 to 22nd of February 2024 and 22nd of February 2024 to 3rd of December 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 TAMURA P price movement. The serial correlation of -0.21 indicates that over 21.0% of current TAMURA P price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.21 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
TAMURA P lagged returns against current returns
Autocorrelation, which is TAMURA P 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 TAMURA P's stock expected returns. We can calculate the autocorrelation of TAMURA P returns to help us make a trade decision. For example, suppose you find that TAMURA P 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 |
TAMURA P 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 TAMURA P stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TAMURA P stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TAMURA P stock over time.
Current vs Lagged Prices |
| Timeline |
TAMURA P Lagged Returns
When evaluating TAMURA P's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TAMURA P stock have on its future price. TAMURA P 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, TAMURA P autocorrelation shows the relationship between TAMURA P stock current value and its past values and can show if there is a momentum factor associated with investing in TAMURA P.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in TAMURA Stock
TAMURA P financial ratios help investors to determine whether TAMURA Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in TAMURA with respect to the benefits of owning TAMURA P security.