Shimano Stock Market Value
| SHMDF Stock | USD 161.25 10.50 6.97% |
| Symbol | Shimano |
Shimano '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 Shimano'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 Shimano.
| 05/06/2022 |
| 04/25/2024 |
If you would invest 0.00 in Shimano on May 6, 2022 and sell it all today you would earn a total of 0.00 from holding Shimano or generate 0.0% return on investment in Shimano over 720 days. Shimano is related to or competes with Hasbro, JAKKS Pacific, Planet Fitness, Funko, Mattel, Madison Square, and Life Time. Shimano Inc. develops, produces, and distributes bicycle components, fishing tackles, and rowing equipment More
Shimano 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 Shimano'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 Shimano upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.37 | |||
| Information Ratio | 0.0616 | |||
| Maximum Drawdown | 14.59 | |||
| Value At Risk | (2.71) | |||
| Potential Upside | 5.34 |
Shimano Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shimano's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Shimano's standard deviation. In reality, there are many statistical measures that can use Shimano historical prices to predict the future Shimano's volatility.| Risk Adjusted Performance | 0.0684 | |||
| Jensen Alpha | 0.314 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.0445 | |||
| Treynor Ratio | (0.21) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Shimano'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.
Shimano Backtested Returns
We consider Shimano very steady. Shimano owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0689, which indicates the firm had a 0.0689% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Shimano, which you can use to evaluate the volatility of the company. Please validate Shimano's Semi Deviation of 1.53, risk adjusted performance of 0.0684, and Coefficient Of Variation of 1023.0 to confirm if the risk estimate we provide is consistent with the expected return of 0.17%. Shimano has a performance score of 5 on a scale of 0 to 100. The entity has a beta of -1.11, which indicates a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning Shimano are expected to decrease slowly. On the other hand, during market turmoil, Shimano is expected to outperform it slightly. Shimano right now has a risk of 2.42%. Please validate Shimano total risk alpha, downside variance, daily balance of power, as well as the relationship between the maximum drawdown and skewness , to decide if Shimano will be following its existing price patterns.
Auto-correlation | 0.36 |
Below average predictability
Shimano has below average predictability. Overlapping area represents the amount of predictability between Shimano time series from 6th of May 2022 to 1st of May 2023 and 1st of May 2023 to 25th 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 Shimano price movement. The serial correlation of 0.36 indicates that just about 36.0% of current Shimano price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.36 | |
| Spearman Rank Test | 0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 103.02 |
Shimano lagged returns against current returns
Autocorrelation, which is Shimano 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 Shimano's pink sheet expected returns. We can calculate the autocorrelation of Shimano returns to help us make a trade decision. For example, suppose you find that Shimano 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 |
Shimano 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 Shimano pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Shimano pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Shimano pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Shimano Lagged Returns
When evaluating Shimano's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Shimano pink sheet have on its future price. Shimano 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, Shimano autocorrelation shows the relationship between Shimano pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Shimano.
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 Shimano 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, Shimano's short interest history, or implied volatility extrapolated from Shimano options trading.
Currently Active Assets on Macroaxis
Check out Shimano Correlation, Shimano Volatility and Shimano Alpha and Beta module to complement your research on Shimano. Note that the Shimano information on this page should be used as a complementary analysis to other Shimano's 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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Complementary Tools for Shimano Pink Sheet analysis
When running Shimano's price analysis, check to measure Shimano'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 Shimano is operating at the current time. Most of Shimano's value examination focuses on studying past and present price action to predict the probability of Shimano's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shimano's price. Additionally, you may evaluate how the addition of Shimano to your portfolios can decrease your overall portfolio volatility.
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Shimano 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.