Daiwa Securities Group Stock Market Value
| DSECF Stock | USD 6.59 0.00 0.00% |
| Symbol | Daiwa |
Daiwa Securities '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 Daiwa Securities' 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 Daiwa Securities.
| 03/19/2024 |
| 04/18/2024 |
If you would invest 0.00 in Daiwa Securities on March 19, 2024 and sell it all today you would earn a total of 0.00 from holding Daiwa Securities Group or generate 0.0% return on investment in Daiwa Securities over 30 days. Daiwa Securities is related to or competes with First Tractor, Ag Growth, AmeraMex International, Arts Way, Buhler Industries, Textainer Group, and Austin Engineering. Daiwa Securities Group Inc., together with its subsidiaries, primarily operates as a securities broker-dealer in Japan a... More
Daiwa Securities 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 Daiwa Securities' 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 Daiwa Securities Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 3.45 |
Daiwa Securities Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Daiwa Securities' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Daiwa Securities' standard deviation. In reality, there are many statistical measures that can use Daiwa Securities historical prices to predict the future Daiwa Securities' volatility.| Risk Adjusted Performance | 0.0728 | |||
| Jensen Alpha | 0.0358 | |||
| Total Risk Alpha | 0.0117 | |||
| Treynor Ratio | 0.2948 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Daiwa Securities' 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.
Daiwa Securities Backtested Returns
We consider Daiwa Securities very steady. Daiwa Securities secures Sharpe Ratio (or Efficiency) of 0.13, which denotes the company had a 0.13% return per unit of risk over the last 3 months. We have found seventeen technical indicators for Daiwa Securities Group, which you can use to evaluate the volatility of the firm. Please confirm Daiwa Securities' Standard Deviation of 0.4251, variance of 0.1807, and Mean Deviation of 0.1031 to check if the risk estimate we provide is consistent with the expected return of 0.0548%. Daiwa Securities has a performance score of 9 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.14, which means not very significant fluctuations relative to the market. As returns on the market increase, Daiwa Securities' returns are expected to increase less than the market. However, during the bear market, the loss of holding Daiwa Securities is expected to be smaller as well. Daiwa Securities right now shows a risk of 0.44%. Please confirm Daiwa Securities information ratio, as well as the relationship between the skewness and day median price , to decide if Daiwa Securities will be following its price patterns.
Auto-correlation | 0.00 |
No correlation between past and present
Daiwa Securities Group has no correlation between past and present. Overlapping area represents the amount of predictability between Daiwa Securities time series from 19th of March 2024 to 3rd of April 2024 and 3rd of April 2024 to 18th 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 Daiwa Securities price movement. The serial correlation of 0.0 indicates that just 0.0% of current Daiwa Securities price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Daiwa Securities lagged returns against current returns
Autocorrelation, which is Daiwa Securities 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 Daiwa Securities' pink sheet expected returns. We can calculate the autocorrelation of Daiwa Securities returns to help us make a trade decision. For example, suppose you find that Daiwa Securities 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 |
Daiwa Securities 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 Daiwa Securities pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Daiwa Securities pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Daiwa Securities pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Daiwa Securities Lagged Returns
When evaluating Daiwa Securities' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Daiwa Securities pink sheet have on its future price. Daiwa Securities 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, Daiwa Securities autocorrelation shows the relationship between Daiwa Securities pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Daiwa Securities Group.
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 Daiwa Securities 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, Daiwa Securities' short interest history, or implied volatility extrapolated from Daiwa Securities options trading.
Pair Trading with Daiwa Securities
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Daiwa Securities position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Daiwa Securities will appreciate offsetting losses from the drop in the long position's value.Moving together with Daiwa Pink Sheet
| 0.74 | SCHW | Charles Schwab Corp Normal Trading | PairCorr |
| 0.66 | GS | Goldman Sachs Group Financial Report 17th of July 2024 | PairCorr |
| 0.67 | GS-PA | Goldman Sachs | PairCorr |
Moving against Daiwa Pink Sheet
| 0.9 | WISA | WiSA Technologies Trending | PairCorr |
| 0.8 | GPOVF | Grupo Carso SAB | PairCorr |
| 0.75 | UIS | Unisys Financial Report 7th of May 2024 | PairCorr |
| 0.47 | GRNTF | iPath Global Carbon | PairCorr |
The ability to find closely correlated positions to Daiwa Securities could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Daiwa Securities when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Daiwa Securities - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Daiwa Securities Group to buy it.
The correlation of Daiwa Securities is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Daiwa Securities moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Daiwa Securities moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Daiwa Securities can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Daiwa Securities Correlation, Daiwa Securities Volatility and Daiwa Securities Alpha and Beta module to complement your research on Daiwa Securities. Note that the Daiwa Securities information on this page should be used as a complementary analysis to other Daiwa Securities' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Complementary Tools for Daiwa Pink Sheet analysis
When running Daiwa Securities' price analysis, check to measure Daiwa Securities' 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 Daiwa Securities is operating at the current time. Most of Daiwa Securities' value examination focuses on studying past and present price action to predict the probability of Daiwa Securities' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Daiwa Securities' price. Additionally, you may evaluate how the addition of Daiwa Securities to your portfolios can decrease your overall portfolio volatility.
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Daiwa Securities 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.