Shin Etsu Chemical Co Stock Market Value
| SHECY Stock | USD 15.55 0.38 2.39% |
| Symbol | Shin-Etsu |
Shin-Etsu Chemical '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 Shin-Etsu Chemical'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 Shin-Etsu Chemical.
| 01/02/2025 |
| 02/01/2025 |
If you would invest 0.00 in Shin-Etsu Chemical on January 2, 2025 and sell it all today you would earn a total of 0.00 from holding Shin Etsu Chemical Co or generate 0.0% return on investment in Shin-Etsu Chemical over 30 days. Shin-Etsu Chemical is related to or competes with BASF SE, BASF SE, Braskem SA, Celanese, Dow, Solvay SA, and Tronox Holdings. Shin-Etsu Chemical Co., Ltd. engages in the polyvinyl chloride chlor-alkali, semiconductor silicon, silicones, electroni... More
Shin-Etsu Chemical 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 Shin-Etsu Chemical'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 Shin Etsu Chemical Co upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.24) | |||
| Maximum Drawdown | 9.26 | |||
| Value At Risk | (2.43) | |||
| Potential Upside | 1.72 |
Shin-Etsu Chemical Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shin-Etsu Chemical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Shin-Etsu Chemical's standard deviation. In reality, there are many statistical measures that can use Shin-Etsu Chemical historical prices to predict the future Shin-Etsu Chemical's volatility.| Risk Adjusted Performance | (0.15) | |||
| Jensen Alpha | (0.32) | |||
| Total Risk Alpha | (0.40) | |||
| Treynor Ratio | (0.41) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Shin-Etsu Chemical'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.
Shin Etsu Chemical Backtested Returns
Shin Etsu Chemical owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.17, which indicates the firm had a -0.17 % return per unit of risk over the last 3 months. Shin Etsu Chemical Co exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Shin-Etsu Chemical's Coefficient Of Variation of (544.79), risk adjusted performance of (0.15), and Variance of 2.14 to confirm the risk estimate we provide. The entity has a beta of 0.67, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Shin-Etsu Chemical's returns are expected to increase less than the market. However, during the bear market, the loss of holding Shin-Etsu Chemical is expected to be smaller as well. At this point, Shin Etsu Chemical has a negative expected return of -0.26%. Please make sure to validate Shin-Etsu Chemical's potential upside, as well as the relationship between the rate of daily change and period momentum indicator , to decide if Shin Etsu Chemical performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Shin Etsu Chemical Co has no correlation between past and present. Overlapping area represents the amount of predictability between Shin-Etsu Chemical time series from 2nd of January 2025 to 17th of January 2025 and 17th of January 2025 to 1st of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Shin Etsu Chemical price movement. The serial correlation of 0.0 indicates that just 0.0% of current Shin-Etsu Chemical price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.21 |
Shin Etsu Chemical lagged returns against current returns
Autocorrelation, which is Shin-Etsu Chemical 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 Shin-Etsu Chemical's pink sheet expected returns. We can calculate the autocorrelation of Shin-Etsu Chemical returns to help us make a trade decision. For example, suppose you find that Shin-Etsu Chemical 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 |
Shin-Etsu Chemical 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 Shin-Etsu Chemical pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Shin-Etsu Chemical pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Shin-Etsu Chemical pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Shin-Etsu Chemical Lagged Returns
When evaluating Shin-Etsu Chemical's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Shin-Etsu Chemical pink sheet have on its future price. Shin-Etsu Chemical 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, Shin-Etsu Chemical autocorrelation shows the relationship between Shin-Etsu Chemical pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Shin Etsu Chemical Co.
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 Shin-Etsu Pink Sheet Analysis
When running Shin-Etsu Chemical's price analysis, check to measure Shin-Etsu Chemical'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 Shin-Etsu Chemical is operating at the current time. Most of Shin-Etsu Chemical's value examination focuses on studying past and present price action to predict the probability of Shin-Etsu Chemical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shin-Etsu Chemical's price. Additionally, you may evaluate how the addition of Shin-Etsu Chemical to your portfolios can decrease your overall portfolio volatility.