Tokyu Construction's market value is the price at which a share of Tokyu Construction trades on a public exchange. It measures the collective expectations of Tokyu Construction Co investors about its performance. Tokyu Construction is trading at 4.34 as of the 8th of January 2025. This is a No Change since the beginning of the trading day. The stock's lowest day price was 4.34. With this module, you can estimate the performance of a buy and hold strategy of Tokyu Construction Co and determine expected loss or profit from investing in Tokyu Construction over a given investment horizon. Check out Tokyu Construction Correlation, Tokyu Construction Volatility and Tokyu Construction Alpha and Beta module to complement your research on Tokyu Construction.
Please note, there is a significant difference between Tokyu Construction's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tokyu Construction is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tokyu Construction's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Tokyu Construction '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 Tokyu Construction'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 Tokyu Construction.
0.00
12/09/2024
No Change 0.00
0.0
In 31 days
01/08/2025
0.00
If you would invest 0.00 in Tokyu Construction on December 9, 2024 and sell it all today you would earn a total of 0.00 from holding Tokyu Construction Co or generate 0.0% return on investment in Tokyu Construction over 30 days. Tokyu Construction is related to or competes with SOUTHWEST AIRLINES, PDS Biotechnology, Lifeway Foods, Astral Foods, AEGEAN AIRLINES, GWILLI FOOD, and United Airlines. Tokyu Construction Co., Ltd. operates as a general contractor in Japan More
Tokyu Construction 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 Tokyu Construction'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 Tokyu Construction Co upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tokyu Construction's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tokyu Construction's standard deviation. In reality, there are many statistical measures that can use Tokyu Construction historical prices to predict the future Tokyu Construction's volatility.
At this point, Tokyu Construction is not too volatile. Tokyu Construction owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0547, which indicates the firm had a 0.0547% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Tokyu Construction Co, which you can use to evaluate the volatility of the company. Please validate Tokyu Construction's Coefficient Of Variation of 21753.14, risk adjusted performance of 0.0051, and Semi Deviation of 0.7642 to confirm if the risk estimate we provide is consistent with the expected return of 0.051%. Tokyu Construction has a performance score of 4 on a scale of 0 to 100. The entity has a beta of 0.0462, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Tokyu Construction's returns are expected to increase less than the market. However, during the bear market, the loss of holding Tokyu Construction is expected to be smaller as well. Tokyu Construction right now has a risk of 0.93%. Please validate Tokyu Construction total risk alpha, value at risk, expected short fall, as well as the relationship between the treynor ratio and downside variance , to decide if Tokyu Construction will be following its existing price patterns.
Auto-correlation
0.48
Average predictability
Tokyu Construction Co has average predictability. Overlapping area represents the amount of predictability between Tokyu Construction time series from 9th of December 2024 to 24th of December 2024 and 24th of December 2024 to 8th of January 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 Tokyu Construction price movement. The serial correlation of 0.48 indicates that about 48.0% of current Tokyu Construction price fluctuation can be explain by its past prices.
Correlation Coefficient
0.48
Spearman Rank Test
0.14
Residual Average
0.0
Price Variance
0.0
Tokyu Construction lagged returns against current returns
Autocorrelation, which is Tokyu Construction 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 Tokyu Construction's stock expected returns. We can calculate the autocorrelation of Tokyu Construction returns to help us make a trade decision. For example, suppose you find that Tokyu Construction 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
Tokyu Construction 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 Tokyu Construction stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tokyu Construction stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tokyu Construction stock over time.
Current vs Lagged Prices
Timeline
Tokyu Construction Lagged Returns
When evaluating Tokyu Construction's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tokyu Construction stock have on its future price. Tokyu Construction 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, Tokyu Construction autocorrelation shows the relationship between Tokyu Construction stock current value and its past values and can show if there is a momentum factor associated with investing in Tokyu Construction Co.
Tokyu Construction financial ratios help investors to determine whether Tokyu 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 Tokyu with respect to the benefits of owning Tokyu Construction security.