Toyota Tsusho (Germany) Market Value
| 9TO Stock | 16.40 0.20 1.23% |
| Symbol | Toyota |
Toyota Tsusho '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 Toyota Tsusho'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 Toyota Tsusho.
| 10/25/2024 |
| 11/24/2024 |
If you would invest 0.00 in Toyota Tsusho on October 25, 2024 and sell it all today you would earn a total of 0.00 from holding Toyota Tsusho Corp or generate 0.0% return on investment in Toyota Tsusho over 30 days.
Toyota Tsusho 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 Toyota Tsusho'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 Toyota Tsusho Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.25 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 8.58 | |||
| Value At Risk | (3.11) | |||
| Potential Upside | 3.11 |
Toyota Tsusho Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Toyota Tsusho's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Toyota Tsusho's standard deviation. In reality, there are many statistical measures that can use Toyota Tsusho historical prices to predict the future Toyota Tsusho's volatility.| Risk Adjusted Performance | 0.0093 | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.30) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | (0) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Toyota Tsusho'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.
Toyota Tsusho Corp Backtested Returns
Currently, Toyota Tsusho Corp is not too volatile. Toyota Tsusho Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0142, which indicates the firm had a 0.0142% return per unit of risk over the last 3 months. We have found thirty technical indicators for Toyota Tsusho Corp, which you can use to evaluate the volatility of the company. Please validate Toyota Tsusho's Risk Adjusted Performance of 0.0093, coefficient of variation of 22475.72, and Semi Deviation of 1.99 to confirm if the risk estimate we provide is consistent with the expected return of 0.0268%. Toyota Tsusho has a performance score of 1 on a scale of 0 to 100. The entity has a beta of 0.45, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Toyota Tsusho's returns are expected to increase less than the market. However, during the bear market, the loss of holding Toyota Tsusho is expected to be smaller as well. Toyota Tsusho Corp right now has a risk of 1.88%. Please validate Toyota Tsusho skewness, day typical price, and the relationship between the downside variance and daily balance of power , to decide if Toyota Tsusho will be following its existing price patterns.
Auto-correlation | 0.01 |
Virtually no predictability
Toyota Tsusho Corp has virtually no predictability. Overlapping area represents the amount of predictability between Toyota Tsusho time series from 25th of October 2024 to 9th of November 2024 and 9th of November 2024 to 24th 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 Toyota Tsusho Corp price movement. The serial correlation of 0.01 indicates that just 1.0% of current Toyota Tsusho price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.01 | |
| Spearman Rank Test | -0.63 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Toyota Tsusho Corp lagged returns against current returns
Autocorrelation, which is Toyota Tsusho 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 Toyota Tsusho's stock expected returns. We can calculate the autocorrelation of Toyota Tsusho returns to help us make a trade decision. For example, suppose you find that Toyota Tsusho 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 |
Toyota Tsusho 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 Toyota Tsusho stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Toyota Tsusho stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Toyota Tsusho stock over time.
Current vs Lagged Prices |
| Timeline |
Toyota Tsusho Lagged Returns
When evaluating Toyota Tsusho's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Toyota Tsusho stock have on its future price. Toyota Tsusho 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, Toyota Tsusho autocorrelation shows the relationship between Toyota Tsusho stock current value and its past values and can show if there is a momentum factor associated with investing in Toyota Tsusho Corp.
Regressed Prices |
| Timeline |
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Additional Tools for Toyota Stock Analysis
When running Toyota Tsusho's price analysis, check to measure Toyota Tsusho'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 Toyota Tsusho is operating at the current time. Most of Toyota Tsusho's value examination focuses on studying past and present price action to predict the probability of Toyota Tsusho's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Toyota Tsusho's price. Additionally, you may evaluate how the addition of Toyota Tsusho to your portfolios can decrease your overall portfolio volatility.