Mizuno (Germany) Market Value
| MIZ Stock | EUR 45.60 0.40 0.88% |
| Symbol | Mizuno |
Mizuno '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 Mizuno's stock 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 Mizuno.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Mizuno on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Mizuno or generate 0.0% return on investment in Mizuno over 30 days. Mizuno is related to or competes with EBay, Superior Plus, NMI Holdings, Origin Agritech, SIVERS SEMICONDUCTORS, Talanx AG, and NorAm Drilling. Mizuno Corporation develops, manufactures, and sells sporting goods in Japan and internationally More
Mizuno 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 Mizuno's stock 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 Mizuno upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 15.13 | |||
| Value At Risk | (4.16) | |||
| Potential Upside | 3.48 |
Mizuno Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mizuno's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mizuno's standard deviation. In reality, there are many statistical measures that can use Mizuno historical prices to predict the future Mizuno's volatility.| Risk Adjusted Performance | (0.10) | |||
| Jensen Alpha | (0.34) | |||
| Total Risk Alpha | (0.71) | |||
| Treynor Ratio | 0.9614 |
Mizuno Backtested Returns
Mizuno 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. Mizuno exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mizuno's Mean Deviation of 1.89, standard deviation of 2.57, and Risk Adjusted Performance of (0.10) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.39, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Mizuno are expected to decrease at a much lower rate. During the bear market, Mizuno is likely to outperform the market. At this point, Mizuno has a negative expected return of -0.35%. Please make sure to verify Mizuno's mean deviation, information ratio, potential upside, as well as the relationship between the standard deviation and total risk alpha , to decide if Mizuno performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.50 |
Modest predictability
Mizuno has modest predictability. Overlapping area represents the amount of predictability between Mizuno time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 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 Mizuno price movement. The serial correlation of 0.5 indicates that about 50.0% of current Mizuno price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.5 | |
| Spearman Rank Test | 0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 4.4 |
Mizuno lagged returns against current returns
Autocorrelation, which is Mizuno stock'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 Mizuno's stock expected returns. We can calculate the autocorrelation of Mizuno returns to help us make a trade decision. For example, suppose you find that Mizuno has exhibited high autocorrelation historically, and you observe that the stock 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 |
Mizuno 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 Mizuno stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mizuno stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mizuno stock over time.
Current vs Lagged Prices |
| Timeline |
Mizuno Lagged Returns
When evaluating Mizuno's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mizuno stock have on its future price. Mizuno 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, Mizuno autocorrelation shows the relationship between Mizuno stock current value and its past values and can show if there is a momentum factor associated with investing in Mizuno.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Mizuno Stock
Mizuno financial ratios help investors to determine whether Mizuno Stock 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 Mizuno with respect to the benefits of owning Mizuno security.