Toto Stock Market Value
| TOTDY Stock | USD 26.68 0.34 1.29% |
| Symbol | Toto |
Toto '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 Toto'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 Toto.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Toto on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Toto or generate 0.0% return on investment in Toto over 30 days. Toto is related to or competes with Lixil Group, Toray Industries, Secom Co, Nitto Denko, and Teijin. Toto Ltd. manufactures and sells bathroom and kitchen plumbing products worldwide More
Toto 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 Toto'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 Toto upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 12.27 | |||
| Value At Risk | (5.20) | |||
| Potential Upside | 3.48 |
Toto Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Toto's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Toto's standard deviation. In reality, there are many statistical measures that can use Toto historical prices to predict the future Toto's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.32) | |||
| Total Risk Alpha | (0.68) | |||
| Treynor Ratio | (3.28) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Toto'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.
Toto Backtested Returns
Toto owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.16, which indicates the firm had a -0.16% return per unit of risk over the last 3 months. Toto exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Toto's Coefficient Of Variation of (795.63), variance of 5.81, and Risk Adjusted Performance of (0.09) to confirm the risk estimate we provide. The entity has a beta of 0.0954, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Toto's returns are expected to increase less than the market. However, during the bear market, the loss of holding Toto is expected to be smaller as well. At this point, Toto has a negative expected return of -0.38%. Please make sure to validate Toto's value at risk and rate of daily change , to decide if Toto performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.74 |
Almost perfect reverse predictability
Toto has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Toto time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 Toto price movement. The serial correlation of -0.74 indicates that around 74.0% of current Toto price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.74 | |
| Spearman Rank Test | -0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
Toto lagged returns against current returns
Autocorrelation, which is Toto 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 Toto's pink sheet expected returns. We can calculate the autocorrelation of Toto returns to help us make a trade decision. For example, suppose you find that Toto 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 |
Toto 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 Toto pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Toto pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Toto pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Toto Lagged Returns
When evaluating Toto's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Toto pink sheet have on its future price. Toto 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, Toto autocorrelation shows the relationship between Toto pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Toto.
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 Toto Pink Sheet Analysis
When running Toto's price analysis, check to measure Toto'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 Toto is operating at the current time. Most of Toto's value examination focuses on studying past and present price action to predict the probability of Toto's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Toto's price. Additionally, you may evaluate how the addition of Toto to your portfolios can decrease your overall portfolio volatility.