Mitsubishi Ufj Financial Stock Market Value
| MBFJF Stock | USD 9.70 0.29 2.90% |
| Symbol | Mitsubishi |
Mitsubishi UFJ '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 Mitsubishi UFJ'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 Mitsubishi UFJ.
| 03/20/2024 |
| 04/19/2024 |
If you would invest 0.00 in Mitsubishi UFJ on March 20, 2024 and sell it all today you would earn a total of 0.00 from holding Mitsubishi UFJ Financial or generate 0.0% return on investment in Mitsubishi UFJ over 30 days. Mitsubishi UFJ is related to or competes with ANZ Group, Bank of America, Bank of America, Wells Fargo, and Bank of America. Mitsubishi UFJ Financial Group, Inc. operates as the bank holding company for MUFG Bank, Ltd More
Mitsubishi UFJ 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 Mitsubishi UFJ'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 Mitsubishi UFJ Financial upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.29 | |||
| Information Ratio | 0.1041 | |||
| Maximum Drawdown | 12.19 | |||
| Value At Risk | (3.05) | |||
| Potential Upside | 4.56 |
Mitsubishi UFJ Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mitsubishi UFJ's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mitsubishi UFJ's standard deviation. In reality, there are many statistical measures that can use Mitsubishi UFJ historical prices to predict the future Mitsubishi UFJ's volatility.| Risk Adjusted Performance | 0.0897 | |||
| Jensen Alpha | 0.3092 | |||
| Total Risk Alpha | 0.0805 | |||
| Sortino Ratio | 0.1069 | |||
| Treynor Ratio | (3.15) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Mitsubishi UFJ'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.
Mitsubishi UFJ Financial Backtested Returns
Mitsubishi UFJ appears to be somewhat reliable, given 3 months investment horizon. Mitsubishi UFJ Financial has Sharpe Ratio of 0.1, which conveys that the firm had a 0.1% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Mitsubishi UFJ, which you can use to evaluate the volatility of the firm. Please exercise Mitsubishi UFJ's Risk Adjusted Performance of 0.0897, mean deviation of 1.67, and Downside Deviation of 2.29 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Mitsubishi UFJ holds a performance score of 7. The company secures a Beta (Market Risk) of -0.0965, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Mitsubishi UFJ are expected to decrease at a much lower rate. During the bear market, Mitsubishi UFJ is likely to outperform the market. Please check Mitsubishi UFJ's maximum drawdown, skewness, price action indicator, as well as the relationship between the downside variance and rate of daily change , to make a quick decision on whether Mitsubishi UFJ's current price movements will revert.
Auto-correlation | -0.23 |
Weak reverse predictability
Mitsubishi UFJ Financial has weak reverse predictability. Overlapping area represents the amount of predictability between Mitsubishi UFJ time series from 20th of March 2024 to 4th of April 2024 and 4th of April 2024 to 19th of April 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 Mitsubishi UFJ Financial price movement. The serial correlation of -0.23 indicates that over 23.0% of current Mitsubishi UFJ price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.23 | |
| Spearman Rank Test | -0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Mitsubishi UFJ Financial lagged returns against current returns
Autocorrelation, which is Mitsubishi UFJ 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 Mitsubishi UFJ's pink sheet expected returns. We can calculate the autocorrelation of Mitsubishi UFJ returns to help us make a trade decision. For example, suppose you find that Mitsubishi UFJ 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 |
Mitsubishi UFJ 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 Mitsubishi UFJ pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mitsubishi UFJ pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mitsubishi UFJ pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Mitsubishi UFJ Lagged Returns
When evaluating Mitsubishi UFJ's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mitsubishi UFJ pink sheet have on its future price. Mitsubishi UFJ 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, Mitsubishi UFJ autocorrelation shows the relationship between Mitsubishi UFJ pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Mitsubishi UFJ Financial.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Mitsubishi UFJ in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Mitsubishi UFJ's short interest history, or implied volatility extrapolated from Mitsubishi UFJ options trading.
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Complementary Tools for Mitsubishi Pink Sheet analysis
When running Mitsubishi UFJ's price analysis, check to measure Mitsubishi UFJ'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 Mitsubishi UFJ is operating at the current time. Most of Mitsubishi UFJ's value examination focuses on studying past and present price action to predict the probability of Mitsubishi UFJ's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mitsubishi UFJ's price. Additionally, you may evaluate how the addition of Mitsubishi UFJ to your portfolios can decrease your overall portfolio volatility.
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Mitsubishi UFJ technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.