Mazda Motor Corp Stock Market Value
| MZDAY Stock | USD 3.19 0.02 0.62% |
| Symbol | Mazda |
Mazda '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 Mazda'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 Mazda.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in Mazda on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding Mazda Motor Corp or generate 0.0% return on investment in Mazda over 720 days. Mazda is related to or competes with Subaru Corp, Suzuki, Isuzu Motors, Bayerische Motoren, Mercedes Benz, Mercedes Benz, and Porsche Automobile. Mazda Motor Corporation engages in the manufacture and sale of passenger cars and commercial vehicles in Japan, North Am... More
Mazda 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 Mazda'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 Mazda Motor Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.26) | |||
| Maximum Drawdown | 11.45 | |||
| Value At Risk | (3.55) | |||
| Potential Upside | 2.17 |
Mazda Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mazda's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mazda's standard deviation. In reality, there are many statistical measures that can use Mazda historical prices to predict the future Mazda's volatility.| Risk Adjusted Performance | (0.15) | |||
| Jensen Alpha | (0.44) | |||
| Total Risk Alpha | (0.66) | |||
| Treynor Ratio | (1.26) |
Mazda Motor Corp Backtested Returns
Mazda Motor Corp has Sharpe Ratio of -0.18, which conveys that the firm had a -0.18% return per unit of risk over the last 3 months. Mazda exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mazda's Standard Deviation of 1.96, mean deviation of 1.51, and Risk Adjusted Performance of (0.15) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.32, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Mazda's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mazda is expected to be smaller as well. At this point, Mazda Motor Corp has a negative expected return of -0.36%. Please make sure to verify Mazda's potential upside, rate of daily change, as well as the relationship between the Rate Of Daily Change and period momentum indicator , to decide if Mazda Motor Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.79 |
Almost perfect reverse predictability
Mazda Motor Corp has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Mazda time series from 3rd of December 2022 to 28th of November 2023 and 28th of November 2023 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 Mazda Motor Corp price movement. The serial correlation of -0.79 indicates that around 79.0% of current Mazda price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.79 | |
| Spearman Rank Test | -0.81 | |
| Residual Average | 0.0 | |
| Price Variance | 0.77 |
Mazda Motor Corp lagged returns against current returns
Autocorrelation, which is Mazda 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 Mazda's pink sheet expected returns. We can calculate the autocorrelation of Mazda returns to help us make a trade decision. For example, suppose you find that Mazda 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 |
Mazda 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 Mazda pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mazda pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mazda pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Mazda Lagged Returns
When evaluating Mazda's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mazda pink sheet have on its future price. Mazda 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, Mazda autocorrelation shows the relationship between Mazda pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Mazda Motor Corp.
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 Mazda Pink Sheet Analysis
When running Mazda's price analysis, check to measure Mazda'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 Mazda is operating at the current time. Most of Mazda's value examination focuses on studying past and present price action to predict the probability of Mazda's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mazda's price. Additionally, you may evaluate how the addition of Mazda to your portfolios can decrease your overall portfolio volatility.