Subaru Corp Adr Stock Market Value
| FUJHY Stock | USD 8.03 0.10 1.26% |
| Symbol | Subaru |
Subaru Corp '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 Subaru Corp'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 Subaru Corp.
| 08/28/2024 |
| 11/26/2024 |
If you would invest 0.00 in Subaru Corp on August 28, 2024 and sell it all today you would earn a total of 0.00 from holding Subaru Corp ADR or generate 0.0% return on investment in Subaru Corp over 90 days. Subaru Corp is related to or competes with Mazda, Subaru Corp, Bayerische Motoren, Bridgestone Corp, and Renault SA. Subaru Corporation manufactures and sells automobiles and aerospace products worldwide More
Subaru Corp 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 Subaru Corp'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 Subaru Corp ADR upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 11.97 | |||
| Value At Risk | (3.93) | |||
| Potential Upside | 2.53 |
Subaru Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Subaru Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Subaru Corp's standard deviation. In reality, there are many statistical measures that can use Subaru Corp historical prices to predict the future Subaru Corp's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | (0.57) | |||
| Treynor Ratio | (5.10) |
Subaru Corp ADR Backtested Returns
Subaru Corp ADR owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.11, which indicates the firm had a -0.11% return per unit of risk over the last 3 months. Subaru Corp ADR exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Subaru Corp's Risk Adjusted Performance of (0.08), variance of 4.56, and Coefficient Of Variation of (918.43) to confirm the risk estimate we provide. The entity has a beta of 0.0476, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Subaru Corp's returns are expected to increase less than the market. However, during the bear market, the loss of holding Subaru Corp is expected to be smaller as well. At this point, Subaru Corp ADR has a negative expected return of -0.23%. Please make sure to validate Subaru Corp's total risk alpha, as well as the relationship between the accumulation distribution and period momentum indicator , to decide if Subaru Corp ADR performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.09 |
Virtually no predictability
Subaru Corp ADR has virtually no predictability. Overlapping area represents the amount of predictability between Subaru Corp time series from 28th of August 2024 to 12th of October 2024 and 12th of October 2024 to 26th 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 Subaru Corp ADR price movement. The serial correlation of 0.09 indicates that less than 9.0% of current Subaru Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.09 | |
| Spearman Rank Test | 0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 0.17 |
Subaru Corp ADR lagged returns against current returns
Autocorrelation, which is Subaru Corp 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 Subaru Corp's pink sheet expected returns. We can calculate the autocorrelation of Subaru Corp returns to help us make a trade decision. For example, suppose you find that Subaru Corp 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 |
Subaru Corp 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 Subaru Corp pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Subaru Corp pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Subaru Corp pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Subaru Corp Lagged Returns
When evaluating Subaru Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Subaru Corp pink sheet have on its future price. Subaru Corp 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, Subaru Corp autocorrelation shows the relationship between Subaru Corp pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Subaru Corp ADR.
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.Additional Tools for Subaru Pink Sheet Analysis
When running Subaru Corp's price analysis, check to measure Subaru Corp'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 Subaru Corp is operating at the current time. Most of Subaru Corp's value examination focuses on studying past and present price action to predict the probability of Subaru Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Subaru Corp's price. Additionally, you may evaluate how the addition of Subaru Corp to your portfolios can decrease your overall portfolio volatility.