TOYO SEIKAN (Germany) Market Value
| TQN Stock | EUR 14.40 0.20 1.41% |
| Symbol | TOYO |
TOYO SEIKAN '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 TOYO SEIKAN'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 TOYO SEIKAN.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in TOYO SEIKAN on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding TOYO SEIKAN GRP or generate 0.0% return on investment in TOYO SEIKAN over 30 days. TOYO SEIKAN is related to or competes with FARO Technologies, ASPEN TECHINC, ACCSYS TECHPLC, Park Hotels, Sunstone Hotel, MIRAMAR HOTEL, and SOFI TECHNOLOGIES. More
TOYO SEIKAN 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 TOYO SEIKAN'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 TOYO SEIKAN GRP upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.45 | |||
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 5.86 | |||
| Value At Risk | (2.11) | |||
| Potential Upside | 1.49 |
TOYO SEIKAN Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TOYO SEIKAN's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TOYO SEIKAN's standard deviation. In reality, there are many statistical measures that can use TOYO SEIKAN historical prices to predict the future TOYO SEIKAN's volatility.| Risk Adjusted Performance | 0.0292 | |||
| Jensen Alpha | 0.0162 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.2631 |
TOYO SEIKAN GRP Backtested Returns
Currently, TOYO SEIKAN GRP is very steady. TOYO SEIKAN GRP owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0429, which indicates the firm had a 0.0429% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for TOYO SEIKAN GRP, which you can use to evaluate the volatility of the company. Please validate TOYO SEIKAN's Semi Deviation of 1.04, risk adjusted performance of 0.0292, and Coefficient Of Variation of 2958.38 to confirm if the risk estimate we provide is consistent with the expected return of 0.0501%. TOYO SEIKAN has a performance score of 3 on a scale of 0 to 100. The entity has a beta of 0.11, which indicates not very significant fluctuations relative to the market. As returns on the market increase, TOYO SEIKAN's returns are expected to increase less than the market. However, during the bear market, the loss of holding TOYO SEIKAN is expected to be smaller as well. TOYO SEIKAN GRP presently has a risk of 1.17%. Please validate TOYO SEIKAN potential upside, skewness, rate of daily change, as well as the relationship between the semi variance and accumulation distribution , to decide if TOYO SEIKAN will be following its existing price patterns.
Auto-correlation | -0.5 |
Modest reverse predictability
TOYO SEIKAN GRP has modest reverse predictability. Overlapping area represents the amount of predictability between TOYO SEIKAN 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 TOYO SEIKAN GRP price movement. The serial correlation of -0.5 indicates that about 50.0% of current TOYO SEIKAN price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.5 | |
| Spearman Rank Test | -0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.16 |
TOYO SEIKAN GRP lagged returns against current returns
Autocorrelation, which is TOYO SEIKAN 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 TOYO SEIKAN's stock expected returns. We can calculate the autocorrelation of TOYO SEIKAN returns to help us make a trade decision. For example, suppose you find that TOYO SEIKAN 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 |
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TOYO SEIKAN 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 TOYO SEIKAN stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TOYO SEIKAN stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TOYO SEIKAN stock over time.
Current vs Lagged Prices |
| Timeline |
TOYO SEIKAN Lagged Returns
When evaluating TOYO SEIKAN's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TOYO SEIKAN stock have on its future price. TOYO SEIKAN 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, TOYO SEIKAN autocorrelation shows the relationship between TOYO SEIKAN stock current value and its past values and can show if there is a momentum factor associated with investing in TOYO SEIKAN GRP.
Regressed Prices |
| Timeline |
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Additional Tools for TOYO Stock Analysis
When running TOYO SEIKAN's price analysis, check to measure TOYO SEIKAN'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 TOYO SEIKAN is operating at the current time. Most of TOYO SEIKAN's value examination focuses on studying past and present price action to predict the probability of TOYO SEIKAN's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TOYO SEIKAN's price. Additionally, you may evaluate how the addition of TOYO SEIKAN to your portfolios can decrease your overall portfolio volatility.