Yamaha (Germany) Market Value
| YHA Stock | EUR 6.65 0.15 2.31% |
| Symbol | Yamaha |
Yamaha '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 Yamaha'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 Yamaha.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Yamaha on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Yamaha or generate 0.0% return on investment in Yamaha over 30 days. Yamaha is related to or competes with ANTA Sports, and Shimano. Yamaha Corporation, together with its subsidiaries, engages in the musical instruments, audio equipment, and other busin... More
Yamaha 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 Yamaha'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 Yamaha upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 16.98 | |||
| Value At Risk | (3.40) | |||
| Potential Upside | 3.06 |
Yamaha Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Yamaha's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Yamaha's standard deviation. In reality, there are many statistical measures that can use Yamaha historical prices to predict the future Yamaha's volatility.| Risk Adjusted Performance | 1.0E-4 | |||
| Jensen Alpha | 0.0127 | |||
| Total Risk Alpha | (0.44) | |||
| Treynor Ratio | 0.0861 |
Yamaha Backtested Returns
Yamaha shows Sharpe Ratio of -0.022, which attests that the company had a -0.022% return per unit of risk over the last 3 months. Yamaha exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Yamaha's Mean Deviation of 1.83, market risk adjusted performance of 0.0961, and Standard Deviation of 2.61 to validate the risk estimate we provide. The firm maintains a market beta of -0.39, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Yamaha are expected to decrease at a much lower rate. During the bear market, Yamaha is likely to outperform the market. At this point, Yamaha has a negative expected return of -0.0582%. Please make sure to check out Yamaha's total risk alpha, potential upside, kurtosis, as well as the relationship between the treynor ratio and skewness , to decide if Yamaha performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.33 |
Below average predictability
Yamaha has below average predictability. Overlapping area represents the amount of predictability between Yamaha 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 Yamaha price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current Yamaha price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.33 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Yamaha lagged returns against current returns
Autocorrelation, which is Yamaha 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 Yamaha's stock expected returns. We can calculate the autocorrelation of Yamaha returns to help us make a trade decision. For example, suppose you find that Yamaha 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 |
Yamaha 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 Yamaha stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Yamaha stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Yamaha stock over time.
Current vs Lagged Prices |
| Timeline |
Yamaha Lagged Returns
When evaluating Yamaha's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Yamaha stock have on its future price. Yamaha 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, Yamaha autocorrelation shows the relationship between Yamaha stock current value and its past values and can show if there is a momentum factor associated with investing in Yamaha.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Yamaha Stock
Yamaha financial ratios help investors to determine whether Yamaha 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 Yamaha with respect to the benefits of owning Yamaha security.