Ito En Stock Market Value
| ITOEF Stock | USD 21.00 0.79 3.63% |
| Symbol | Ito |
Ito En '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 Ito En'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 Ito En.
| 12/12/2022 |
| 12/01/2024 |
If you would invest 0.00 in Ito En on December 12, 2022 and sell it all today you would earn a total of 0.00 from holding Ito En or generate 0.0% return on investment in Ito En over 720 days. Ito En is related to or competes with PepsiCo, Coca Cola, Monster Beverage, Celsius Holdings, and Keurig Dr. Ito En, Ltd. manufactures and sells green tea beverages in Japan and internationally More
Ito En 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 Ito En'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 Ito En upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.24) | |||
| Maximum Drawdown | 12.84 |
Ito En Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ito En's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ito En's standard deviation. In reality, there are many statistical measures that can use Ito En historical prices to predict the future Ito En's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.29) | |||
| Total Risk Alpha | (0.53) | |||
| Treynor Ratio | (1.21) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ito En'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.
Ito En Backtested Returns
Ito En holds Efficiency (Sharpe) Ratio of -0.15, which attests that the entity had a -0.15% return per unit of risk over the last 3 months. Ito En exposes twenty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Ito En's Standard Deviation of 1.64, risk adjusted performance of (0.11), and Market Risk Adjusted Performance of (1.20) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.21, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Ito En's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ito En is expected to be smaller as well. At this point, Ito En has a negative expected return of -0.26%. Please make sure to check out Ito En's skewness, as well as the relationship between the rate of daily change and price action indicator , to decide if Ito En performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.33 |
Below average predictability
Ito En has below average predictability. Overlapping area represents the amount of predictability between Ito En time series from 12th of December 2022 to 7th of December 2023 and 7th of December 2023 to 1st 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 Ito En price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current Ito En price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.33 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 4.11 |
Ito En lagged returns against current returns
Autocorrelation, which is Ito En 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 Ito En's pink sheet expected returns. We can calculate the autocorrelation of Ito En returns to help us make a trade decision. For example, suppose you find that Ito En 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 |
Ito En 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 Ito En pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ito En pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ito En pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Ito En Lagged Returns
When evaluating Ito En's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ito En pink sheet have on its future price. Ito En 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, Ito En autocorrelation shows the relationship between Ito En pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Ito En.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Ito Pink Sheet
Ito En financial ratios help investors to determine whether Ito Pink Sheet 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 Ito with respect to the benefits of owning Ito En security.