TOC (Germany) Market Value
| T3O Stock | EUR 3.52 0.04 1.15% |
| Symbol | TOC |
TOC '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 TOC's stock 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 TOC.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in TOC on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding TOC Co or generate 0.0% return on investment in TOC over 30 days. TOC is related to or competes with Jupiter Fund, Siamgas, Perdoceo Education, SCIENCE IN, American Eagle, Columbia Sportswear, and Gaztransport Technigaz. TOC Co., Ltd. primarily engages in real estate business in Japan More
TOC 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 TOC's stock 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 TOC Co upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 6.37 | |||
| Value At Risk | (3.02) | |||
| Potential Upside | 1.58 |
TOC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TOC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TOC's standard deviation. In reality, there are many statistical measures that can use TOC historical prices to predict the future TOC's volatility.| Risk Adjusted Performance | (0.10) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.39) | |||
| Treynor Ratio | 1.83 |
TOC Co Backtested Returns
TOC Co retains Efficiency (Sharpe Ratio) of -0.14, which indicates the firm had a -0.14% return per unit of volatility over the last 3 months. TOC exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate TOC's standard deviation of 1.4, and Risk Adjusted Performance of (0.10) to confirm the risk estimate we provide. The entity owns a Beta (Systematic Risk) of -0.11, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning TOC are expected to decrease at a much lower rate. During the bear market, TOC is likely to outperform the market. At this point, TOC Co has a negative expected return of -0.19%. Please make sure to validate TOC's total risk alpha, maximum drawdown, and the relationship between the jensen alpha and treynor ratio , to decide if TOC Co performance from the past will be repeated at future time.
Auto-correlation | -0.06 |
Very weak reverse predictability
TOC Co has very weak reverse predictability. Overlapping area represents the amount of predictability between TOC time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 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 TOC Co price movement. The serial correlation of -0.06 indicates that barely 6.0% of current TOC price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.06 | |
| Spearman Rank Test | -0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
TOC Co lagged returns against current returns
Autocorrelation, which is TOC stock'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 TOC's stock expected returns. We can calculate the autocorrelation of TOC returns to help us make a trade decision. For example, suppose you find that TOC has exhibited high autocorrelation historically, and you observe that the stock 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 |
TOC 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 TOC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TOC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TOC stock over time.
Current vs Lagged Prices |
| Timeline |
TOC Lagged Returns
When evaluating TOC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TOC stock have on its future price. TOC 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, TOC autocorrelation shows the relationship between TOC stock current value and its past values and can show if there is a momentum factor associated with investing in TOC Co.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in TOC Stock
TOC financial ratios help investors to determine whether TOC Stock 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 TOC with respect to the benefits of owning TOC security.