Bandai Namco Holdings Stock Market Value
| NCBDY Stock | USD 10.22 0.16 1.59% |
| Symbol | BANDAI |
BANDAI NAMCO '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 BANDAI NAMCO'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 BANDAI NAMCO.
| 11/28/2023 |
| 11/22/2024 |
If you would invest 0.00 in BANDAI NAMCO on November 28, 2023 and sell it all today you would earn a total of 0.00 from holding BANDAI NAMCO Holdings or generate 0.0% return on investment in BANDAI NAMCO over 360 days. BANDAI NAMCO is related to or competes with Shimano, Hasbro, YETI Holdings, Shimano, Yamaha Corp, BANDAI NAMCO, and Nikon Corp. BANDAI NAMCO Holdings Inc. develops entertainment-related products and services worldwide More
BANDAI NAMCO 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 BANDAI NAMCO'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 BANDAI NAMCO Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 11.84 | |||
| Value At Risk | (3.16) | |||
| Potential Upside | 2.63 |
BANDAI NAMCO Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BANDAI NAMCO's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BANDAI NAMCO's standard deviation. In reality, there are many statistical measures that can use BANDAI NAMCO historical prices to predict the future BANDAI NAMCO's volatility.| Risk Adjusted Performance | 0.0038 | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | (0.03) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of BANDAI NAMCO'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.
BANDAI NAMCO Holdings Backtested Returns
BANDAI NAMCO Holdings secures Sharpe Ratio (or Efficiency) of -0.0275, which signifies that the company had a -0.0275% return per unit of risk over the last 3 months. BANDAI NAMCO Holdings exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BANDAI NAMCO's Coefficient Of Variation of (30,835), mean deviation of 1.62, and Variance of 4.3 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.48, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, BANDAI NAMCO's returns are expected to increase less than the market. However, during the bear market, the loss of holding BANDAI NAMCO is expected to be smaller as well. At this point, BANDAI NAMCO Holdings has a negative expected return of -0.0575%. Please make sure to confirm BANDAI NAMCO's total risk alpha, skewness, as well as the relationship between the Skewness and day median price , to decide if BANDAI NAMCO Holdings performance from the past will be repeated in the future.
Auto-correlation | -0.36 |
Poor reverse predictability
BANDAI NAMCO Holdings has poor reverse predictability. Overlapping area represents the amount of predictability between BANDAI NAMCO time series from 28th of November 2023 to 26th of May 2024 and 26th of May 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 BANDAI NAMCO Holdings price movement. The serial correlation of -0.36 indicates that just about 36.0% of current BANDAI NAMCO price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.36 | |
| Spearman Rank Test | -0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.52 |
BANDAI NAMCO Holdings lagged returns against current returns
Autocorrelation, which is BANDAI NAMCO 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 BANDAI NAMCO's pink sheet expected returns. We can calculate the autocorrelation of BANDAI NAMCO returns to help us make a trade decision. For example, suppose you find that BANDAI NAMCO 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 |
BANDAI NAMCO 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 BANDAI NAMCO pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BANDAI NAMCO pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BANDAI NAMCO pink sheet over time.
Current vs Lagged Prices |
| Timeline |
BANDAI NAMCO Lagged Returns
When evaluating BANDAI NAMCO's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BANDAI NAMCO pink sheet have on its future price. BANDAI NAMCO 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, BANDAI NAMCO autocorrelation shows the relationship between BANDAI NAMCO pink sheet current value and its past values and can show if there is a momentum factor associated with investing in BANDAI NAMCO Holdings.
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 BANDAI Pink Sheet Analysis
When running BANDAI NAMCO's price analysis, check to measure BANDAI NAMCO'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 BANDAI NAMCO is operating at the current time. Most of BANDAI NAMCO's value examination focuses on studying past and present price action to predict the probability of BANDAI NAMCO's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BANDAI NAMCO's price. Additionally, you may evaluate how the addition of BANDAI NAMCO to your portfolios can decrease your overall portfolio volatility.