Mitsubishi Motors Corp Stock Market Value
| MMTOF Stock | USD 2.55 0.24 8.60% |
| Symbol | Mitsubishi |
Mitsubishi Motors '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 Motors' 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 Motors.
| 08/28/2024 |
| 11/26/2024 |
If you would invest 0.00 in Mitsubishi Motors on August 28, 2024 and sell it all today you would earn a total of 0.00 from holding Mitsubishi Motors Corp or generate 0.0% return on investment in Mitsubishi Motors over 90 days. Mitsubishi Motors is related to or competes with Great Wall, Geely Automobile, Hyundai, Volkswagen, Nio, Ford, and Rivian Automotive. Mitsubishi Motors Corporation, together with its subsidiaries, develops, manufactures, and sells passenger vehicles in J... More
Mitsubishi Motors 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 Motors' 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 Motors Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.77 | |||
| Information Ratio | 0.0037 | |||
| Maximum Drawdown | 27.11 | |||
| Value At Risk | (5.90) | |||
| Potential Upside | 5.26 |
Mitsubishi Motors Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mitsubishi Motors' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mitsubishi Motors' standard deviation. In reality, there are many statistical measures that can use Mitsubishi Motors historical prices to predict the future Mitsubishi Motors' volatility.| Risk Adjusted Performance | 0.0366 | |||
| Jensen Alpha | 0.0843 | |||
| Total Risk Alpha | (0.46) | |||
| Sortino Ratio | 0.0021 | |||
| Treynor Ratio | 0.3256 |
Mitsubishi Motors Corp Backtested Returns
At this point, Mitsubishi Motors is very risky. Mitsubishi Motors Corp has Sharpe Ratio of 0.038, which conveys that the firm had a 0.038% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Mitsubishi Motors, which you can use to evaluate the volatility of the firm. Please verify Mitsubishi Motors' Downside Deviation of 6.77, risk adjusted performance of 0.0366, and Mean Deviation of 1.64 to check out if the risk estimate we provide is consistent with the expected return of 0.15%. Mitsubishi Motors has a performance score of 2 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.41, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Mitsubishi Motors' returns are expected to increase less than the market. However, during the bear market, the loss of holding Mitsubishi Motors is expected to be smaller as well. Mitsubishi Motors Corp right now secures a risk of 3.86%. Please verify Mitsubishi Motors Corp expected short fall, and the relationship between the value at risk and rate of daily change , to decide if Mitsubishi Motors Corp will be following its current price movements.
Auto-correlation | -0.1 |
Very weak reverse predictability
Mitsubishi Motors Corp has very weak reverse predictability. Overlapping area represents the amount of predictability between Mitsubishi Motors time series from 28th of August 2024 to 12th of October 2024 and 12th of October 2024 to 26th 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 Motors Corp price movement. The serial correlation of -0.1 indicates that less than 10.0% of current Mitsubishi Motors price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.1 | |
| Spearman Rank Test | 0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Mitsubishi Motors Corp lagged returns against current returns
Autocorrelation, which is Mitsubishi Motors 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 Motors' pink sheet expected returns. We can calculate the autocorrelation of Mitsubishi Motors returns to help us make a trade decision. For example, suppose you find that Mitsubishi Motors 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 |
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Mitsubishi Motors 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 Motors pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mitsubishi Motors 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 Motors pink sheet over time.
Current vs Lagged Prices |
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Mitsubishi Motors Lagged Returns
When evaluating Mitsubishi Motors' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mitsubishi Motors pink sheet have on its future price. Mitsubishi Motors 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 Motors autocorrelation shows the relationship between Mitsubishi Motors pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Mitsubishi Motors Corp.
Regressed Prices |
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Currently Active Assets on Macroaxis
Other Information on Investing in Mitsubishi Pink Sheet
Mitsubishi Motors 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 Motors security.