Takashimaya Company (Germany) Market Value
| TKM Stock | EUR 14.20 0.80 5.33% |
| Symbol | Takashimaya |
Takashimaya Company '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 Takashimaya Company'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 Takashimaya Company.
| 04/27/2022 |
| 04/16/2024 |
If you would invest 0.00 in Takashimaya Company on April 27, 2022 and sell it all today you would earn a total of 0.00 from holding Takashimaya Company Limited or generate 0.0% return on investment in Takashimaya Company over 720 days. Takashimaya Company is related to or competes with Grand Canyon, GigaMedia, TSOGO SUN, Xinhua Winshare, CAREER EDUCATION, and G8 EDUCATION. Takashimaya Company, Limited engages in the operation of department stores More
Takashimaya Company 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 Takashimaya Company'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 Takashimaya Company Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 509.26 | |||
| Value At Risk | (2.19) | |||
| Potential Upside | 2.29 |
Takashimaya Company Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Takashimaya Company's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Takashimaya Company's standard deviation. In reality, there are many statistical measures that can use Takashimaya Company historical prices to predict the future Takashimaya Company's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (6.69) | |||
| Total Risk Alpha | (12.59) | |||
| Treynor Ratio | 0.5855 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Takashimaya Company'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.
Takashimaya Limited Backtested Returns
Takashimaya Limited owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.15, which indicates the firm had a -0.15% return per unit of risk over the last 3 months. Takashimaya Company Limited exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Takashimaya Company's Coefficient Of Variation of (849.56), risk adjusted performance of (0.06), and Variance of 3886.97 to confirm the risk estimate we provide. The entity has a beta of -12.55, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Takashimaya Company are expected to decrease by larger amounts. On the other hand, during market turmoil, Takashimaya Company is expected to outperform it. Takashimaya Limited has an expected return of -9.96%. Please make sure to validate Takashimaya Company kurtosis, day typical price, and the relationship between the potential upside and rate of daily change , to decide if Takashimaya Limited performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.09 |
Virtually no predictability
Takashimaya Company Limited has virtually no predictability. Overlapping area represents the amount of predictability between Takashimaya Company time series from 27th of April 2022 to 22nd of April 2023 and 22nd of April 2023 to 16th 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 Takashimaya Limited price movement. The serial correlation of 0.09 indicates that less than 9.0% of current Takashimaya Company price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.09 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 1.91 |
Takashimaya Limited lagged returns against current returns
Autocorrelation, which is Takashimaya Company 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 Takashimaya Company's stock expected returns. We can calculate the autocorrelation of Takashimaya Company returns to help us make a trade decision. For example, suppose you find that Takashimaya Company 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 |
Takashimaya Company 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 Takashimaya Company stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Takashimaya Company stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Takashimaya Company stock over time.
Current vs Lagged Prices |
| Timeline |
Takashimaya Company Lagged Returns
When evaluating Takashimaya Company's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Takashimaya Company stock have on its future price. Takashimaya Company 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, Takashimaya Company autocorrelation shows the relationship between Takashimaya Company stock current value and its past values and can show if there is a momentum factor associated with investing in Takashimaya Company Limited.
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 Takashimaya Company 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, Takashimaya Company's short interest history, or implied volatility extrapolated from Takashimaya Company options trading.
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Check out Takashimaya Company Correlation, Takashimaya Company Volatility and Takashimaya Company Alpha and Beta module to complement your research on Takashimaya Company. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Complementary Tools for Takashimaya Stock analysis
When running Takashimaya Company's price analysis, check to measure Takashimaya Company'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 Takashimaya Company is operating at the current time. Most of Takashimaya Company's value examination focuses on studying past and present price action to predict the probability of Takashimaya Company's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Takashimaya Company's price. Additionally, you may evaluate how the addition of Takashimaya Company to your portfolios can decrease your overall portfolio volatility.
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Takashimaya Company technical stock 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, stock market cycles, or different charting patterns.