Odakyu Electric Railway Stock Market Value
| ODERF Stock | USD 11.40 0.00 0.00% |
| Symbol | Odakyu |
Odakyu Electric '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 Odakyu Electric'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 Odakyu Electric.
| 01/23/2024 |
| 01/12/2026 |
If you would invest 0.00 in Odakyu Electric on January 23, 2024 and sell it all today you would earn a total of 0.00 from holding Odakyu Electric Railway or generate 0.0% return on investment in Odakyu Electric over 720 days. Odakyu Electric is related to or competes with Sixt SE, Bangkok Expressway, Sohgo Security, Qube Holdings, and FLSmidth. Odakyu Electric Railway Co., Ltd., together with its subsidiaries, engages in the transportation, real estate, merchandi... More
Odakyu Electric 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 Odakyu Electric'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 Odakyu Electric Railway upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 8.28 |
Odakyu Electric Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Odakyu Electric's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Odakyu Electric's standard deviation. In reality, there are many statistical measures that can use Odakyu Electric historical prices to predict the future Odakyu Electric's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | 0.177 |
Odakyu Electric Railway Backtested Returns
Odakyu Electric Railway maintains Sharpe Ratio (i.e., Efficiency) of -0.0325, which implies the firm had a -0.0325 % return per unit of risk over the last 3 months. Odakyu Electric Railway exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Odakyu Electric's Risk Adjusted Performance of (0.02), variance of 0.5459, and Coefficient Of Variation of (3,128) to confirm the risk estimate we provide. The company holds a Beta of -0.19, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Odakyu Electric are expected to decrease at a much lower rate. During the bear market, Odakyu Electric is likely to outperform the market. At this point, Odakyu Electric Railway has a negative expected return of -0.0244%. Please make sure to check Odakyu Electric's variance, as well as the relationship between the skewness and day typical price , to decide if Odakyu Electric Railway performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.86 |
Excellent reverse predictability
Odakyu Electric Railway has excellent reverse predictability. Overlapping area represents the amount of predictability between Odakyu Electric time series from 23rd of January 2024 to 17th of January 2025 and 17th of January 2025 to 12th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Odakyu Electric Railway price movement. The serial correlation of -0.86 indicates that approximately 86.0% of current Odakyu Electric price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.86 | |
| Spearman Rank Test | -0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 0.19 |
Odakyu Electric Railway lagged returns against current returns
Autocorrelation, which is Odakyu Electric 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 Odakyu Electric's pink sheet expected returns. We can calculate the autocorrelation of Odakyu Electric returns to help us make a trade decision. For example, suppose you find that Odakyu Electric 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 |
Odakyu Electric 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 Odakyu Electric pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Odakyu Electric pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Odakyu Electric pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Odakyu Electric Lagged Returns
When evaluating Odakyu Electric's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Odakyu Electric pink sheet have on its future price. Odakyu Electric 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, Odakyu Electric autocorrelation shows the relationship between Odakyu Electric pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Odakyu Electric Railway.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Odakyu Pink Sheet
Odakyu Electric financial ratios help investors to determine whether Odakyu 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 Odakyu with respect to the benefits of owning Odakyu Electric security.