TERUMO CORP (Germany) Market Value
| TUO Stock | EUR 19.10 0.30 1.60% |
| Symbol | TERUMO |
TERUMO CORP '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 CORP'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 TERUMO CORP.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in TERUMO CORP on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding TERUMO P or generate 0.0% return on investment in TERUMO CORP over 30 days. TERUMO CORP is related to or competes with ECHO INVESTMENT, Cars, CapitaLand Investment, Carsales, Apollo Investment, MGIC INVESTMENT, and GEELY AUTOMOBILE. More
TERUMO CORP 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 CORP'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 TERUMO P upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.14 | |||
| Information Ratio | 0.0161 | |||
| Maximum Drawdown | 9.61 | |||
| Value At Risk | (2.94) | |||
| Potential Upside | 2.81 |
TERUMO CORP Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TERUMO CORP's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TERUMO CORP's standard deviation. In reality, there are many statistical measures that can use TERUMO CORP historical prices to predict the future TERUMO CORP's volatility.| Risk Adjusted Performance | 0.0735 | |||
| Jensen Alpha | 0.1043 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | 0.0136 | |||
| Treynor Ratio | 0.3972 |
TERUMO CORP Backtested Returns
TERUMO CORP appears to be very steady, given 3 months investment horizon. TERUMO CORP owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the firm had a 0.11% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for TERUMO P, which you can use to evaluate the volatility of the company. Please review TERUMO CORP's risk adjusted performance of 0.0735, and Coefficient Of Variation of 1132.13 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, TERUMO CORP holds a performance score of 8. The entity has a beta of 0.38, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, TERUMO CORP's returns are expected to increase less than the market. However, during the bear market, the loss of holding TERUMO CORP is expected to be smaller as well. Please check TERUMO CORP's sortino ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to make a quick decision on whether TERUMO CORP's existing price patterns will revert.
Auto-correlation | 0.37 |
Below average predictability
TERUMO P has below average predictability. Overlapping area represents the amount of predictability between TERUMO CORP time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 TERUMO CORP price movement. The serial correlation of 0.37 indicates that just about 37.0% of current TERUMO CORP price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.37 | |
| Spearman Rank Test | 0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
TERUMO CORP lagged returns against current returns
Autocorrelation, which is TERUMO CORP 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 TERUMO CORP's stock expected returns. We can calculate the autocorrelation of TERUMO CORP returns to help us make a trade decision. For example, suppose you find that TERUMO CORP 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 |
TERUMO CORP 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 CORP stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TERUMO CORP stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TERUMO CORP stock over time.
Current vs Lagged Prices |
| Timeline |
TERUMO CORP Lagged Returns
When evaluating TERUMO CORP's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TERUMO CORP stock have on its future price. TERUMO CORP 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 CORP autocorrelation shows the relationship between TERUMO CORP stock current value and its past values and can show if there is a momentum factor associated with investing in TERUMO P.
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.Other Information on Investing in TERUMO Stock
TERUMO CORP financial ratios help investors to determine whether TERUMO Stock 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 CORP security.