MARUHA NICHIRO (Germany) Market Value
| 6MN Stock | EUR 18.30 0.20 1.08% |
| Symbol | MARUHA |
MARUHA NICHIRO '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 MARUHA NICHIRO'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 MARUHA NICHIRO.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in MARUHA NICHIRO on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding MARUHA NICHIRO or generate 0.0% return on investment in MARUHA NICHIRO over 30 days. MARUHA NICHIRO is related to or competes with National Retail, AUTO TRADER, Salesforce, NISSAN CHEMICAL, SALESFORCE INC, FLOW TRADERS, and Vastned Retail. More
MARUHA NICHIRO 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 MARUHA NICHIRO'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 MARUHA NICHIRO upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.36 | |||
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 6.89 | |||
| Value At Risk | (2.08) | |||
| Potential Upside | 2.25 |
MARUHA NICHIRO Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MARUHA NICHIRO's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MARUHA NICHIRO's standard deviation. In reality, there are many statistical measures that can use MARUHA NICHIRO historical prices to predict the future MARUHA NICHIRO's volatility.| Risk Adjusted Performance | 0.0058 | |||
| Jensen Alpha | 0.0108 | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | 0.049 |
MARUHA NICHIRO Backtested Returns
MARUHA NICHIRO has Sharpe Ratio of -0.0101, which conveys that the company had a -0.0101% return per unit of volatility over the last 3 months. MARUHA NICHIRO exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MARUHA NICHIRO's Mean Deviation of 1.06, market risk adjusted performance of 0.059, and Downside Deviation of 1.36 to check out the risk estimate we provide. The firm secures a Beta (Market Risk) of -0.16, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning MARUHA NICHIRO are expected to decrease at a much lower rate. During the bear market, MARUHA NICHIRO is likely to outperform the market. At this point, MARUHA NICHIRO has a negative expected return of -0.0147%. Please make sure to verify MARUHA NICHIRO's information ratio, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to decide if MARUHA NICHIRO performance from the past will be repeated in the future.
Auto-correlation | -0.41 |
Modest reverse predictability
MARUHA NICHIRO has modest reverse predictability. Overlapping area represents the amount of predictability between MARUHA NICHIRO time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th of November 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 MARUHA NICHIRO price movement. The serial correlation of -0.41 indicates that just about 41.0% of current MARUHA NICHIRO price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.41 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
MARUHA NICHIRO lagged returns against current returns
Autocorrelation, which is MARUHA NICHIRO 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 MARUHA NICHIRO's stock expected returns. We can calculate the autocorrelation of MARUHA NICHIRO returns to help us make a trade decision. For example, suppose you find that MARUHA NICHIRO 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 |
MARUHA NICHIRO 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 MARUHA NICHIRO stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MARUHA NICHIRO stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MARUHA NICHIRO stock over time.
Current vs Lagged Prices |
| Timeline |
MARUHA NICHIRO Lagged Returns
When evaluating MARUHA NICHIRO's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MARUHA NICHIRO stock have on its future price. MARUHA NICHIRO 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, MARUHA NICHIRO autocorrelation shows the relationship between MARUHA NICHIRO stock current value and its past values and can show if there is a momentum factor associated with investing in MARUHA NICHIRO.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in MARUHA Stock
MARUHA NICHIRO financial ratios help investors to determine whether MARUHA 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 MARUHA with respect to the benefits of owning MARUHA NICHIRO security.