Shimadzu Stock Market Value
| SHMZF Stock | USD 22.52 0.00 0.00% |
| Symbol | Shimadzu |
Shimadzu '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 Shimadzu'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 Shimadzu.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Shimadzu on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Shimadzu or generate 0.0% return on investment in Shimadzu over 30 days. Shimadzu is related to or competes with Keyence, Garmin, Keysight Technologies, Fortive Corp, Teledyne Technologies, Trimble, and Coherent. Shimadzu Corporation manufactures and sells analytical and measuring instruments, medical systems, industrial machinery,... More
Shimadzu 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 Shimadzu'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 Shimadzu upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (1.35) | |||
| Maximum Drawdown | 0.7606 |
Shimadzu Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shimadzu's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Shimadzu's standard deviation. In reality, there are many statistical measures that can use Shimadzu historical prices to predict the future Shimadzu's volatility.| Risk Adjusted Performance | 0.0224 | |||
| Jensen Alpha | 0.0018 | |||
| Total Risk Alpha | (0.01) | |||
| Treynor Ratio | (0.80) |
Shimadzu Backtested Returns
At this point, Shimadzu is very steady. Shimadzu owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the firm had a 0.13% return per unit of risk over the last 3 months. We have found seventeen technical indicators for Shimadzu, which you can use to evaluate the volatility of the company. Please validate Shimadzu's Variance of 0.0088, risk adjusted performance of 0.0224, and Coefficient Of Variation of 812.4 to confirm if the risk estimate we provide is consistent with the expected return of 0.0119%. Shimadzu has a performance score of 9 on a scale of 0 to 100. The entity has a beta of -0.0019, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Shimadzu are expected to decrease at a much lower rate. During the bear market, Shimadzu is likely to outperform the market. Shimadzu right now has a risk of 0.0951%. Please validate Shimadzu variance and kurtosis , to decide if Shimadzu will be following its existing price patterns.
Auto-correlation | 0.00 |
No correlation between past and present
Shimadzu has no correlation between past and present. Overlapping area represents the amount of predictability between Shimadzu time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Shimadzu price movement. The serial correlation of 0.0 indicates that just 0.0% of current Shimadzu price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Shimadzu lagged returns against current returns
Autocorrelation, which is Shimadzu 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 Shimadzu's pink sheet expected returns. We can calculate the autocorrelation of Shimadzu returns to help us make a trade decision. For example, suppose you find that Shimadzu 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 |
Shimadzu 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 Shimadzu pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Shimadzu pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Shimadzu pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Shimadzu Lagged Returns
When evaluating Shimadzu's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Shimadzu pink sheet have on its future price. Shimadzu 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, Shimadzu autocorrelation shows the relationship between Shimadzu pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Shimadzu.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Shimadzu Pink Sheet
Shimadzu financial ratios help investors to determine whether Shimadzu 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 Shimadzu with respect to the benefits of owning Shimadzu security.