Daiichi Sankyo Co Stock Market Value
| DSNKY Stock | USD 30.58 0.97 3.28% |
| Symbol | Daiichi |
Daiichi Sankyo '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 Daiichi Sankyo's pink sheet 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 Daiichi Sankyo.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in Daiichi Sankyo on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding Daiichi Sankyo Co or generate 0.0% return on investment in Daiichi Sankyo over 720 days. Daiichi Sankyo is related to or competes with Astellas Pharma, Grifols SA, Roche Holding, Novartis, AstraZeneca PLC, GlaxoSmithKline PLC, and Bristol Myers. Daiichi Sankyo Company, Limited researches and develops, manufactures, imports, markets, and sells pharmaceutical produc... More
Daiichi Sankyo 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 Daiichi Sankyo's pink sheet 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 Daiichi Sankyo Co upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.36) | |||
| Maximum Drawdown | 7.77 | |||
| Value At Risk | (3.21) | |||
| Potential Upside | 2.14 |
Daiichi Sankyo Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Daiichi Sankyo's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Daiichi Sankyo's standard deviation. In reality, there are many statistical measures that can use Daiichi Sankyo historical prices to predict the future Daiichi Sankyo's volatility.| Risk Adjusted Performance | (0.21) | |||
| Jensen Alpha | (0.53) | |||
| Total Risk Alpha | (0.72) | |||
| Treynor Ratio | (0.87) |
Daiichi Sankyo Backtested Returns
Daiichi Sankyo secures Sharpe Ratio (or Efficiency) of -0.29, which denotes the company had a -0.29% return per unit of risk over the last 3 months. Daiichi Sankyo Co exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Daiichi Sankyo's Mean Deviation of 1.29, variance of 2.68, and Standard Deviation of 1.64 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.53, which means possible diversification benefits within a given portfolio. As returns on the market increase, Daiichi Sankyo's returns are expected to increase less than the market. However, during the bear market, the loss of holding Daiichi Sankyo is expected to be smaller as well. At this point, Daiichi Sankyo has a negative expected return of -0.48%. Please make sure to confirm Daiichi Sankyo's coefficient of variation, value at risk, as well as the relationship between the Value At Risk and rate of daily change , to decide if Daiichi Sankyo performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.26 |
Weak reverse predictability
Daiichi Sankyo Co has weak reverse predictability. Overlapping area represents the amount of predictability between Daiichi Sankyo time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 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 Daiichi Sankyo price movement. The serial correlation of -0.26 indicates that nearly 26.0% of current Daiichi Sankyo price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.26 | |
| Spearman Rank Test | -0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 12.76 |
Daiichi Sankyo lagged returns against current returns
Autocorrelation, which is Daiichi Sankyo pink sheet'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 Daiichi Sankyo's pink sheet expected returns. We can calculate the autocorrelation of Daiichi Sankyo returns to help us make a trade decision. For example, suppose you find that Daiichi Sankyo has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Daiichi Sankyo 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 Daiichi Sankyo pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Daiichi Sankyo pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Daiichi Sankyo pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Daiichi Sankyo Lagged Returns
When evaluating Daiichi Sankyo's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Daiichi Sankyo pink sheet have on its future price. Daiichi Sankyo 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, Daiichi Sankyo autocorrelation shows the relationship between Daiichi Sankyo pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Daiichi Sankyo Co.
Regressed Prices |
| Timeline |
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When running Daiichi Sankyo's price analysis, check to measure Daiichi Sankyo'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 Daiichi Sankyo is operating at the current time. Most of Daiichi Sankyo's value examination focuses on studying past and present price action to predict the probability of Daiichi Sankyo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Daiichi Sankyo's price. Additionally, you may evaluate how the addition of Daiichi Sankyo to your portfolios can decrease your overall portfolio volatility.