Taiheiyo Cement Stock Market Value
| THYCF Stock | USD 24.25 0.00 0.00% |
| Symbol | Taiheiyo |
Taiheiyo Cement '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 Taiheiyo Cement'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 Taiheiyo Cement.
| 01/09/2024 |
| 12/29/2025 |
If you would invest 0.00 in Taiheiyo Cement on January 9, 2024 and sell it all today you would earn a total of 0.00 from holding Taiheiyo Cement or generate 0.0% return on investment in Taiheiyo Cement over 720 days. Taiheiyo Cement is related to or competes with Vicat SA, Grupo Cementos, Daicel, Imerys SA, Wienerberger Baustoffindustri, IGO, and Mitsubishi Materials. Taiheiyo Cement Corporation engages in the cement, mineral resources, environmental, and construction materials business... More
Taiheiyo Cement 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 Taiheiyo Cement'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 Taiheiyo Cement upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 9.8 |
Taiheiyo Cement Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Taiheiyo Cement's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Taiheiyo Cement's standard deviation. In reality, there are many statistical measures that can use Taiheiyo Cement historical prices to predict the future Taiheiyo Cement's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.20) | |||
| Treynor Ratio | 0.1503 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Taiheiyo Cement'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.
Taiheiyo Cement Backtested Returns
Taiheiyo Cement owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0257, which indicates the firm had a -0.0257 % return per unit of risk over the last 3 months. Taiheiyo Cement exposes seventeen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Taiheiyo Cement's Variance of 2.03, risk adjusted performance of (0.01), and Coefficient Of Variation of (3,989) to confirm the risk estimate we provide. The entity has a beta of -0.3, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Taiheiyo Cement are expected to decrease at a much lower rate. During the bear market, Taiheiyo Cement is likely to outperform the market. At this point, Taiheiyo Cement has a negative expected return of -0.0374%. Please make sure to validate Taiheiyo Cement's variance, skewness, as well as the relationship between the Skewness and day typical price , to decide if Taiheiyo Cement performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.62 |
Good predictability
Taiheiyo Cement has good predictability. Overlapping area represents the amount of predictability between Taiheiyo Cement time series from 9th of January 2024 to 3rd of January 2025 and 3rd of January 2025 to 29th of December 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 Taiheiyo Cement price movement. The serial correlation of 0.62 indicates that roughly 62.0% of current Taiheiyo Cement price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.62 | |
| Spearman Rank Test | 0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.24 |
Taiheiyo Cement lagged returns against current returns
Autocorrelation, which is Taiheiyo Cement 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 Taiheiyo Cement's pink sheet expected returns. We can calculate the autocorrelation of Taiheiyo Cement returns to help us make a trade decision. For example, suppose you find that Taiheiyo Cement 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 |
Taiheiyo Cement 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 Taiheiyo Cement pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Taiheiyo Cement pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Taiheiyo Cement pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Taiheiyo Cement Lagged Returns
When evaluating Taiheiyo Cement's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Taiheiyo Cement pink sheet have on its future price. Taiheiyo Cement 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, Taiheiyo Cement autocorrelation shows the relationship between Taiheiyo Cement pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Taiheiyo Cement.
Regressed Prices |
| Timeline |
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Other Information on Investing in Taiheiyo Pink Sheet
Taiheiyo Cement financial ratios help investors to determine whether Taiheiyo 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 Taiheiyo with respect to the benefits of owning Taiheiyo Cement security.