Tv Asahi Holdings Stock Market Value
| THDDY Stock | USD 12.90 0.00 0.00% |
| Symbol | THDDY |
TV Asahi '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 TV Asahi'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 TV Asahi.
| 11/13/2024 |
| 12/13/2024 |
If you would invest 0.00 in TV Asahi on November 13, 2024 and sell it all today you would earn a total of 0.00 from holding TV Asahi Holdings or generate 0.0% return on investment in TV Asahi over 30 days. TV Asahi is related to or competes with ProSiebenSat1 Media, RTL Group, IHeartMedia, ITV PLC, and RTL Group. TV Asahi Holdings Corporation, together with its subsidiaries, engages in television broadcasting business in Japan and ... More
TV Asahi 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 TV Asahi'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 TV Asahi Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 16.62 | |||
| Potential Upside | 0.7774 |
TV Asahi Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TV Asahi's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TV Asahi's standard deviation. In reality, there are many statistical measures that can use TV Asahi historical prices to predict the future TV Asahi's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.33) | |||
| Treynor Ratio | (0.37) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of TV Asahi'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.
TV Asahi Holdings Backtested Returns
TV Asahi Holdings retains Efficiency (Sharpe Ratio) of -0.0481, which indicates the firm had a -0.0481% return per unit of price deviation over the last 3 months. TV Asahi exposes seventeen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate TV Asahi's Mean Deviation of 0.4259, standard deviation of 1.71, and Risk Adjusted Performance of (0.03) to confirm the risk estimate we provide. The entity owns a Beta (Systematic Risk) of 0.24, which indicates not very significant fluctuations relative to the market. As returns on the market increase, TV Asahi's returns are expected to increase less than the market. However, during the bear market, the loss of holding TV Asahi is expected to be smaller as well. At this point, TV Asahi Holdings has a negative expected return of -0.0836%. Please make sure to validate TV Asahi's risk adjusted performance, variance, as well as the relationship between the Variance and skewness , to decide if TV Asahi Holdings performance from the past will be repeated at some future date.
Auto-correlation | 0.00 |
No correlation between past and present
TV Asahi Holdings has no correlation between past and present. Overlapping area represents the amount of predictability between TV Asahi time series from 13th of November 2024 to 28th of November 2024 and 28th of November 2024 to 13th of December 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 TV Asahi Holdings price movement. The serial correlation of 0.0 indicates that just 0.0% of current TV Asahi 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 |
TV Asahi Holdings lagged returns against current returns
Autocorrelation, which is TV Asahi 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 TV Asahi's pink sheet expected returns. We can calculate the autocorrelation of TV Asahi returns to help us make a trade decision. For example, suppose you find that TV Asahi 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 |
TV Asahi 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 TV Asahi pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TV Asahi pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TV Asahi pink sheet over time.
Current vs Lagged Prices |
| Timeline |
TV Asahi Lagged Returns
When evaluating TV Asahi's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TV Asahi pink sheet have on its future price. TV Asahi 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, TV Asahi autocorrelation shows the relationship between TV Asahi pink sheet current value and its past values and can show if there is a momentum factor associated with investing in TV Asahi Holdings.
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 THDDY Pink Sheet Analysis
When running TV Asahi's price analysis, check to measure TV Asahi'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 TV Asahi is operating at the current time. Most of TV Asahi's value examination focuses on studying past and present price action to predict the probability of TV Asahi's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TV Asahi's price. Additionally, you may evaluate how the addition of TV Asahi to your portfolios can decrease your overall portfolio volatility.