Terumo Stock Market Value
| TRUMF Stock | USD 21.58 0.20 0.94% |
| Symbol | Terumo |
Terumo '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 Terumo'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 Terumo.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Terumo on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Terumo or generate 0.0% return on investment in Terumo over 720 days. Terumo is related to or competes with Carl Zeiss, Essilor International, West Pharmaceutical, Cooper Companies,, Coloplast, EssilorLuxottica, and Carl Zeiss. Terumo Corporation engages in the manufacture and sale of medical products and equipment worldwide More
Terumo 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 Terumo'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 Terumo upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.79 | |||
| Information Ratio | 0.054 | |||
| Maximum Drawdown | 27.52 | |||
| Value At Risk | (11.37) | |||
| Potential Upside | 11.98 |
Terumo Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Terumo's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Terumo's standard deviation. In reality, there are many statistical measures that can use Terumo historical prices to predict the future Terumo's volatility.| Risk Adjusted Performance | 0.0647 | |||
| Jensen Alpha | 0.4424 | |||
| Total Risk Alpha | (0.69) | |||
| Sortino Ratio | 0.0502 | |||
| Treynor Ratio | 0.8636 |
Terumo Backtested Returns
Terumo appears to be somewhat reliable, given 3 months investment horizon. Terumo owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0836, which indicates the firm had a 0.0836% return per unit of risk over the last 3 months. By inspecting Terumo's technical indicators, you can evaluate if the expected return of 0.59% is justified by implied risk. Please review Terumo's Risk Adjusted Performance of 0.0647, semi deviation of 6.78, and Coefficient Of Variation of 1371.04 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Terumo holds a performance score of 6. The entity has a beta of 0.6, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Terumo's returns are expected to increase less than the market. However, during the bear market, the loss of holding Terumo is expected to be smaller as well. Please check Terumo's potential upside, as well as the relationship between the kurtosis and day typical price , to make a quick decision on whether Terumo's existing price patterns will revert.
Auto-correlation | -0.23 |
Weak reverse predictability
Terumo has weak reverse predictability. Overlapping area represents the amount of predictability between Terumo time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd 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 Terumo price movement. The serial correlation of -0.23 indicates that over 23.0% of current Terumo price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.23 | |
| Spearman Rank Test | 0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 1.83 |
Terumo lagged returns against current returns
Autocorrelation, which is Terumo 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 Terumo's pink sheet expected returns. We can calculate the autocorrelation of Terumo returns to help us make a trade decision. For example, suppose you find that Terumo 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 |
Terumo 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 Terumo pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Terumo pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Terumo pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Terumo Lagged Returns
When evaluating Terumo's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Terumo pink sheet have on its future price. Terumo 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, Terumo autocorrelation shows the relationship between Terumo pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Terumo.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Terumo Pink Sheet
Terumo financial ratios help investors to determine whether Terumo 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 Terumo with respect to the benefits of owning Terumo security.