Mitsubishi Estate Co Stock Market Value
| MITEY Stock | USD 13.85 0.06 0.43% |
| Symbol | Mitsubishi |
Mitsubishi Estate '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 Estate'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 Mitsubishi Estate.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Mitsubishi Estate on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Mitsubishi Estate Co or generate 0.0% return on investment in Mitsubishi Estate over 30 days. Mitsubishi Estate is related to or competes with St Joe, Secom Co, Daiwa House, Henderson Land, MSAD Insurance, and Sekisui House. Mitsubishi Estate Co., Ltd. engages in the real estate activities in Japan and internationally More
Mitsubishi Estate 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 Estate'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 Mitsubishi Estate Co upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.23) | |||
| Maximum Drawdown | 8.18 | |||
| Value At Risk | (3.44) | |||
| Potential Upside | 2.05 |
Mitsubishi Estate Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mitsubishi Estate's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mitsubishi Estate's standard deviation. In reality, there are many statistical measures that can use Mitsubishi Estate historical prices to predict the future Mitsubishi Estate's volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.40) | |||
| Total Risk Alpha | (0.55) | |||
| Treynor Ratio | (0.30) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Mitsubishi Estate'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.
Mitsubishi Estate Backtested Returns
Mitsubishi Estate has Sharpe Ratio of -0.17, which conveys that the firm had a -0.17% return per unit of risk over the last 3 months. Mitsubishi Estate exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mitsubishi Estate's Standard Deviation of 1.74, risk adjusted performance of (0.12), and Mean Deviation of 1.29 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.96, which conveys possible diversification benefits within a given portfolio. Mitsubishi Estate returns are very sensitive to returns on the market. As the market goes up or down, Mitsubishi Estate is expected to follow. At this point, Mitsubishi Estate has a negative expected return of -0.31%. Please make sure to verify Mitsubishi Estate's treynor ratio and daily balance of power , to decide if Mitsubishi Estate performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.73 |
Almost perfect reverse predictability
Mitsubishi Estate Co has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Mitsubishi Estate time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 Mitsubishi Estate price movement. The serial correlation of -0.73 indicates that around 73.0% of current Mitsubishi Estate price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.73 | |
| Spearman Rank Test | 0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Mitsubishi Estate lagged returns against current returns
Autocorrelation, which is Mitsubishi Estate 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 Estate's pink sheet expected returns. We can calculate the autocorrelation of Mitsubishi Estate returns to help us make a trade decision. For example, suppose you find that Mitsubishi Estate 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 Estate 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 Estate pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mitsubishi Estate 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 Estate pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Mitsubishi Estate Lagged Returns
When evaluating Mitsubishi Estate's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mitsubishi Estate pink sheet have on its future price. Mitsubishi Estate 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 Estate autocorrelation shows the relationship between Mitsubishi Estate pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Mitsubishi Estate Co.
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 Mitsubishi Pink Sheet Analysis
When running Mitsubishi Estate's price analysis, check to measure Mitsubishi Estate'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 Mitsubishi Estate is operating at the current time. Most of Mitsubishi Estate's value examination focuses on studying past and present price action to predict the probability of Mitsubishi Estate's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mitsubishi Estate's price. Additionally, you may evaluate how the addition of Mitsubishi Estate to your portfolios can decrease your overall portfolio volatility.