Mitsui Engineering Shipbuilding Stock Market Value
| MIESY Stock | USD 41.10 0.00 0.00% |
| Symbol | Mitsui |
Mitsui Engineering '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 Mitsui Engineering'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 Mitsui Engineering.
| 01/09/2024 |
| 12/29/2025 |
If you would invest 0.00 in Mitsui Engineering on January 9, 2024 and sell it all today you would earn a total of 0.00 from holding Mitsui Engineering Shipbuilding or generate 0.0% return on investment in Mitsui Engineering over 720 days. Mitsui Engineering is related to or competes with AviChina Industry, QinetiQ Group, Qinetiq Group, Shenzhen Expressway, and Tobu Railway. Mitsui ES Holdings Co., Ltd. engages in the shipbuilding and engineering businesses worldwide More
Mitsui Engineering 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 Mitsui Engineering'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 Mitsui Engineering Shipbuilding upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1321 | |||
| Maximum Drawdown | 229.44 | |||
| Potential Upside | 2.41 |
Mitsui Engineering Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mitsui Engineering's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mitsui Engineering's standard deviation. In reality, there are many statistical measures that can use Mitsui Engineering historical prices to predict the future Mitsui Engineering's volatility.| Risk Adjusted Performance | 0.1046 | |||
| Jensen Alpha | 3.9 | |||
| Total Risk Alpha | 0.7765 | |||
| Treynor Ratio | (2.85) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Mitsui Engineering'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.
Mitsui Engineering Backtested Returns
Mitsui Engineering is relatively risky given 3 months investment horizon. Mitsui Engineering has Sharpe Ratio of 0.14, which conveys that the firm had a 0.14 % return per unit of risk over the last 3 months. We are able to interpolate and collect eighteen different technical indicators, which can help you to evaluate if expected returns of 3.87% are justified by taking the suggested risk. Use Mitsui Engineering Standard Deviation of 28.19, mean deviation of 7.22, and Risk Adjusted Performance of 0.1046 to evaluate company specific risk that cannot be diversified away. Mitsui Engineering holds a performance score of 10 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -1.33, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Mitsui Engineering are expected to decrease by larger amounts. On the other hand, during market turmoil, Mitsui Engineering is expected to outperform it. Use Mitsui Engineering maximum drawdown and day typical price , to analyze future returns on Mitsui Engineering.
Auto-correlation | -0.16 |
Insignificant reverse predictability
Mitsui Engineering Shipbuilding has insignificant reverse predictability. Overlapping area represents the amount of predictability between Mitsui Engineering time series from 9th of January 2024 to 3rd of January 2025 and 3rd of January 2025 to 29th of December 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Mitsui Engineering price movement. The serial correlation of -0.16 indicates that over 16.0% of current Mitsui Engineering price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.16 | |
| Spearman Rank Test | -0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 0.54 |
Mitsui Engineering lagged returns against current returns
Autocorrelation, which is Mitsui Engineering 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 Mitsui Engineering's pink sheet expected returns. We can calculate the autocorrelation of Mitsui Engineering returns to help us make a trade decision. For example, suppose you find that Mitsui Engineering 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 |
Mitsui Engineering 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 Mitsui Engineering pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mitsui Engineering pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mitsui Engineering pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Mitsui Engineering Lagged Returns
When evaluating Mitsui Engineering's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mitsui Engineering pink sheet have on its future price. Mitsui Engineering 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, Mitsui Engineering autocorrelation shows the relationship between Mitsui Engineering pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Mitsui Engineering Shipbuilding.
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 Mitsui Pink Sheet Analysis
When running Mitsui Engineering's price analysis, check to measure Mitsui Engineering'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 Mitsui Engineering is operating at the current time. Most of Mitsui Engineering's value examination focuses on studying past and present price action to predict the probability of Mitsui Engineering's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mitsui Engineering's price. Additionally, you may evaluate how the addition of Mitsui Engineering to your portfolios can decrease your overall portfolio volatility.