Toyota (Germany) Market Value
| TOM Stock | EUR 16.30 0.02 0.12% |
| Symbol | Toyota |
Toyota '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 Toyota'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 Toyota.
| 11/28/2023 |
| 11/22/2024 |
If you would invest 0.00 in Toyota on November 28, 2023 and sell it all today you would earn a total of 0.00 from holding Toyota Motor or generate 0.0% return on investment in Toyota over 360 days. Toyota is related to or competes with QBE Insurance, Ping An, Selective Insurance, Calibre Mining, Zijin Mining, MINCO SILVER, and INSURANCE AUST. More
Toyota 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 Toyota'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 Toyota Motor upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 8.18 | |||
| Value At Risk | (2.92) | |||
| Potential Upside | 3.5 |
Toyota Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Toyota's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Toyota's standard deviation. In reality, there are many statistical measures that can use Toyota historical prices to predict the future Toyota's volatility.| Risk Adjusted Performance | 0.0054 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.22) | |||
| Treynor Ratio | (5.16) |
Toyota Motor Backtested Returns
At this point, Toyota is not too volatile. Toyota Motor owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0201, which indicates the firm had a 0.0201% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Toyota Motor, which you can use to evaluate the volatility of the company. Please validate Toyota's Risk Adjusted Performance of 0.0054, coefficient of variation of (137,816), and Variance of 3.47 to confirm if the risk estimate we provide is consistent with the expected return of 0.0372%. Toyota has a performance score of 1 on a scale of 0 to 100. The entity has a beta of 0.0022, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Toyota's returns are expected to increase less than the market. However, during the bear market, the loss of holding Toyota is expected to be smaller as well. Toyota Motor right now has a risk of 1.85%. Please validate Toyota standard deviation, jensen alpha, and the relationship between the coefficient of variation and information ratio , to decide if Toyota will be following its existing price patterns.
Auto-correlation | -0.84 |
Excellent reverse predictability
Toyota Motor has excellent reverse predictability. Overlapping area represents the amount of predictability between Toyota time series from 28th of November 2023 to 26th of May 2024 and 26th of May 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 Toyota Motor price movement. The serial correlation of -0.84 indicates that around 84.0% of current Toyota price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.84 | |
| Spearman Rank Test | -0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 1.98 |
Toyota Motor lagged returns against current returns
Autocorrelation, which is Toyota 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 Toyota's stock expected returns. We can calculate the autocorrelation of Toyota returns to help us make a trade decision. For example, suppose you find that Toyota 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 |
Toyota 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 Toyota stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Toyota stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Toyota stock over time.
Current vs Lagged Prices |
| Timeline |
Toyota Lagged Returns
When evaluating Toyota's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Toyota stock have on its future price. Toyota 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, Toyota autocorrelation shows the relationship between Toyota stock current value and its past values and can show if there is a momentum factor associated with investing in Toyota Motor.
Regressed Prices |
| Timeline |
Also Currently Popular
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 Information and Resources on Investing in Toyota Stock
When determining whether Toyota Motor is a strong investment it is important to analyze Toyota's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Toyota's future performance. For an informed investment choice regarding Toyota Stock, refer to the following important reports:Check out Toyota Correlation, Toyota Volatility and Toyota Alpha and Beta module to complement your research on Toyota. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Toyota technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.