Kikkoman Stock Market Value
| KIKOF Stock | USD 10.55 0.95 8.26% |
| Symbol | Kikkoman |
Kikkoman '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 Kikkoman'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 Kikkoman.
| 05/26/2024 |
| 11/22/2024 |
If you would invest 0.00 in Kikkoman on May 26, 2024 and sell it all today you would earn a total of 0.00 from holding Kikkoman or generate 0.0% return on investment in Kikkoman over 180 days. Kikkoman is related to or competes with Premier Foods, Aryzta AG, and BG Foods. Kikkoman Corporation, through its subsidiaries, manufactures and sells food products in Japan, North America, and intern... More
Kikkoman 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 Kikkoman'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 Kikkoman upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 18.23 |
Kikkoman Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kikkoman's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kikkoman's standard deviation. In reality, there are many statistical measures that can use Kikkoman historical prices to predict the future Kikkoman's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.27) | |||
| Treynor Ratio | (0.19) |
Kikkoman Backtested Returns
Kikkoman has Sharpe Ratio of -0.0181, which conveys that the firm had a -0.0181% return per unit of risk over the last 3 months. Kikkoman exposes twenty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kikkoman's Mean Deviation of 0.4511, risk adjusted performance of (0.01), and Standard Deviation of 1.97 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.24, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Kikkoman's returns are expected to increase less than the market. However, during the bear market, the loss of holding Kikkoman is expected to be smaller as well. At this point, Kikkoman has a negative expected return of -0.0365%. Please make sure to verify Kikkoman's skewness, as well as the relationship between the day median price and relative strength index , to decide if Kikkoman performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.06 |
Virtually no predictability
Kikkoman has virtually no predictability. Overlapping area represents the amount of predictability between Kikkoman time series from 26th of May 2024 to 24th of August 2024 and 24th of August 2024 to 22nd 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 Kikkoman price movement. The serial correlation of 0.06 indicates that barely 6.0% of current Kikkoman price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.06 | |
| Spearman Rank Test | -0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.15 |
Kikkoman lagged returns against current returns
Autocorrelation, which is Kikkoman 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 Kikkoman's pink sheet expected returns. We can calculate the autocorrelation of Kikkoman returns to help us make a trade decision. For example, suppose you find that Kikkoman 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 |
Kikkoman 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 Kikkoman pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kikkoman pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kikkoman pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Kikkoman Lagged Returns
When evaluating Kikkoman's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kikkoman pink sheet have on its future price. Kikkoman 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, Kikkoman autocorrelation shows the relationship between Kikkoman pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Kikkoman.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Kikkoman Pink Sheet
Kikkoman financial ratios help investors to determine whether Kikkoman 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 Kikkoman with respect to the benefits of owning Kikkoman security.