Japan Airport Terminal Stock Market Value
| JTTRY Stock | USD 18.29 0.00 0.00% |
| Symbol | Japan |
Japan Airport '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 Japan Airport'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 Japan Airport.
| 12/04/2022 |
| 11/23/2024 |
If you would invest 0.00 in Japan Airport on December 4, 2022 and sell it all today you would earn a total of 0.00 from holding Japan Airport Terminal or generate 0.0% return on investment in Japan Airport over 720 days. Japan Airport is related to or competes with Aeroports, Aena SME, Auckland International, Auckland International, Corporacion America, Grupo Aeroportuario, and Grupo Aeroportuario. Japan Airport Terminal Co., Ltd. primarily engages in the management of passenger terminal buildings in Japan More
Japan Airport 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 Japan Airport'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 Japan Airport Terminal upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 6.18 | |||
| Potential Upside | 1.12 |
Japan Airport Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Japan Airport's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Japan Airport's standard deviation. In reality, there are many statistical measures that can use Japan Airport historical prices to predict the future Japan Airport's volatility.| Risk Adjusted Performance | 0.0536 | |||
| Jensen Alpha | 0.0304 | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | 0.3511 |
Japan Airport Terminal Backtested Returns
At this stage we consider Japan Pink Sheet to be very steady. Japan Airport Terminal holds Efficiency (Sharpe) Ratio of 0.0702, which attests that the entity had a 0.0702% return per unit of risk over the last 3 months. We have found eighteen technical indicators for Japan Airport Terminal, which you can use to evaluate the volatility of the firm. Please check out Japan Airport's Risk Adjusted Performance of 0.0536, standard deviation of 0.8159, and Market Risk Adjusted Performance of 0.3611 to validate if the risk estimate we provide is consistent with the expected return of 0.0581%. Japan Airport has a performance score of 5 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.13, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Japan Airport's returns are expected to increase less than the market. However, during the bear market, the loss of holding Japan Airport is expected to be smaller as well. Japan Airport Terminal right now retains a risk of 0.83%. Please check out Japan Airport potential upside, as well as the relationship between the rate of daily change and relative strength index , to decide if Japan Airport will be following its current trending patterns.
Auto-correlation | 0.21 |
Weak predictability
Japan Airport Terminal has weak predictability. Overlapping area represents the amount of predictability between Japan Airport time series from 4th of December 2022 to 29th of November 2023 and 29th of November 2023 to 23rd 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 Japan Airport Terminal price movement. The serial correlation of 0.21 indicates that over 21.0% of current Japan Airport price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.21 | |
| Spearman Rank Test | 0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 2.43 |
Japan Airport Terminal lagged returns against current returns
Autocorrelation, which is Japan Airport 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 Japan Airport's pink sheet expected returns. We can calculate the autocorrelation of Japan Airport returns to help us make a trade decision. For example, suppose you find that Japan Airport 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 |
Japan Airport 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 Japan Airport pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Japan Airport pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Japan Airport pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Japan Airport Lagged Returns
When evaluating Japan Airport's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Japan Airport pink sheet have on its future price. Japan Airport 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, Japan Airport autocorrelation shows the relationship between Japan Airport pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Japan Airport Terminal.
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 Japan Pink Sheet Analysis
When running Japan Airport's price analysis, check to measure Japan Airport'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 Japan Airport is operating at the current time. Most of Japan Airport's value examination focuses on studying past and present price action to predict the probability of Japan Airport's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Japan Airport's price. Additionally, you may evaluate how the addition of Japan Airport to your portfolios can decrease your overall portfolio volatility.