Mitsubishi Materials Stock Market Value
| MIMTF Stock | USD 18.00 0.00 0.00% |
| Symbol | Mitsubishi |
Mitsubishi Materials '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 Mitsubishi Materials' 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 Mitsubishi Materials.
| 01/08/2024 |
| 12/28/2025 |
If you would invest 0.00 in Mitsubishi Materials on January 8, 2024 and sell it all today you would earn a total of 0.00 from holding Mitsubishi Materials or generate 0.0% return on investment in Mitsubishi Materials over 720 days. Mitsubishi Materials is related to or competes with Zeon, Liontown Resources, IGO, Nickel Mines, and Iluka Resources. Mitsubishi Materials Corporation, together with its subsidiaries, engages in, metals, metalworking solutions, cement, en... More
Mitsubishi Materials 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 Mitsubishi Materials' 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 Mitsubishi Materials upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0549 | |||
| Maximum Drawdown | 10.16 |
Mitsubishi Materials Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mitsubishi Materials' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mitsubishi Materials' standard deviation. In reality, there are many statistical measures that can use Mitsubishi Materials historical prices to predict the future Mitsubishi Materials' volatility.| Risk Adjusted Performance | 0.0907 | |||
| Jensen Alpha | 0.155 | |||
| Total Risk Alpha | 0.0098 | |||
| Treynor Ratio | (0.98) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Mitsubishi Materials' 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.
Mitsubishi Materials Backtested Returns
We have found sixteen technical indicators for Mitsubishi Materials, which you can use to evaluate the volatility of the firm. Please verify Mitsubishi Materials' Standard Deviation of 1.25, risk adjusted performance of 0.0907, and Mean Deviation of 0.3032 to check out if the risk estimate we provide is consistent with the expected return of 0.0%. The company secures a Beta (Market Risk) of -0.15, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Mitsubishi Materials are expected to decrease at a much lower rate. During the bear market, Mitsubishi Materials is likely to outperform the market. Mitsubishi Materials right now secures a risk of 0.0%. Please verify Mitsubishi Materials risk adjusted performance, variance, as well as the relationship between the Variance and kurtosis , to decide if Mitsubishi Materials will be following its current price movements.
Auto-correlation | -0.07 |
Very weak reverse predictability
Mitsubishi Materials has very weak reverse predictability. Overlapping area represents the amount of predictability between Mitsubishi Materials time series from 8th of January 2024 to 2nd of January 2025 and 2nd of January 2025 to 28th 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 Mitsubishi Materials price movement. The serial correlation of -0.07 indicates that barely 7.0% of current Mitsubishi Materials price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.07 | |
| Spearman Rank Test | -0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.33 |
Mitsubishi Materials lagged returns against current returns
Autocorrelation, which is Mitsubishi Materials 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 Mitsubishi Materials' pink sheet expected returns. We can calculate the autocorrelation of Mitsubishi Materials returns to help us make a trade decision. For example, suppose you find that Mitsubishi Materials 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 |
Mitsubishi Materials 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 Mitsubishi Materials pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mitsubishi Materials pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mitsubishi Materials pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Mitsubishi Materials Lagged Returns
When evaluating Mitsubishi Materials' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mitsubishi Materials pink sheet have on its future price. Mitsubishi Materials 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, Mitsubishi Materials autocorrelation shows the relationship between Mitsubishi Materials pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Mitsubishi Materials.
Regressed Prices |
| Timeline |
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Other Information on Investing in Mitsubishi Pink Sheet
Mitsubishi Materials financial ratios help investors to determine whether Mitsubishi 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 Mitsubishi with respect to the benefits of owning Mitsubishi Materials security.