Tokyu Construction (Germany) Market Value
| TCW Stock | EUR 4.30 0.02 0.46% |
| Symbol | Tokyu |
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.
| 12/23/2024 |
| 01/22/2025 |
If you would invest 0.00 in Tokyu Construction on December 23, 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 Johnson Controls, China Communications, China Railway, and Big Yellow. 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.
| Downside Deviation | 1.09 | |||
| Information Ratio | 0.005 | |||
| Maximum Drawdown | 3.87 | |||
| Value At Risk | (1.48) | |||
| Potential Upside | 1.88 |
Tokyu Construction Market Risk Indicators
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.| Risk Adjusted Performance | 0.0371 | |||
| Jensen Alpha | 0.0292 | |||
| Total Risk Alpha | 0.002 | |||
| Sortino Ratio | 0.0043 | |||
| Treynor Ratio | 1.07 |
Tokyu Construction Backtested Returns
At this point, Tokyu Construction is not too volatile. Tokyu Construction 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 thirty technical indicators for Tokyu Construction Co, which you can use to evaluate the volatility of the company. Please validate Tokyu Construction's Semi Deviation of 0.7132, coefficient of variation of 2333.33, and Risk Adjusted Performance of 0.0371 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%. Tokyu Construction has a performance score of 9 on a scale of 0 to 100. The entity has a beta of 0.0279, 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 0.92%. Please validate Tokyu Construction value at risk, expected short fall, and the relationship between the treynor ratio and downside variance , to decide if Tokyu Construction will be following its existing price patterns.
Auto-correlation | -0.56 |
Good reverse predictability
Tokyu Construction Co has good reverse predictability. Overlapping area represents the amount of predictability between Tokyu Construction time series from 23rd of December 2024 to 7th of January 2025 and 7th of January 2025 to 22nd 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 -0.56 indicates that roughly 56.0% of current Tokyu Construction price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.56 | |
| Spearman Rank Test | -0.61 | |
| 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.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Tokyu Stock
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.