Toyobo Co Backtesting

<div class='logoBackup' style='background:#754DEB;color: white;font-size:3em;;'>TYO</div>
TYOBY -- USA Stock  

USD 15.05  0.00  0.00%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Toyobo Co Ltd ADR and determine expected loss or profit from investing in Toyobo Co over given investment horizon. Additionally take a look at Toyobo Co Hype Analysis, Toyobo Co Correlation, Toyobo Co Valuation, Toyobo Co Volatility as well as analyze Toyobo Co Alpha and Beta and Toyobo Co Performance.
Horizon     30 Days    Login   to change
SymbolX
Backtest

Toyobo Co 'What if' Analysis

October 19, 2019
0.00
No Change 0.00  0.0 
In 3 months and 1 day
January 17, 2020
0.00
If you would invest  0.00  in Toyobo Co on October 19, 2019 and sell it all today you would earn a total of 0.00 from holding Toyobo Co Ltd ADR or generate 0.0% return on investment in Toyobo Co over 90 days. Toyobo Co is related to or competes with Givaudan, Givaudan, PPG Industries, AKZO NOBEL, Ecolab, Sherwin Williams, and AKZO NOBEL. Toyobo Co., Ltd. provides films and functional polymers, industrial materials, healthcare, and textile products worldwid...

Toyobo Co Upside/Downside Indicators

Information Ratio0.0711
Maximum Drawdown18.97

Toyobo Co Market Premium Indicators

Risk Adjusted Performance0.0669
Jensen Alpha0.4378
Total Risk Alpha(0.27)
Treynor Ratio(0.19)

Toyobo Co ADR Backtested Returns

Macroaxis considers Toyobo Co slightly risky given 3 months investment horizon. Toyobo Co ADR owns Efficiency Ratio (i.e. Sharpe Ratio) of 0.1162 which indicates the firm had 0.1162% of return per unit of risk over the last 3 months. Our philosophy towards measuring volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-four technical indicators for Toyobo Co Ltd ADR which you can use to evaluate future volatility of the company. Please operate Toyobo Co Risk Adjusted Performance of 0.0669 and Coefficient Of Variation of 812.4 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100 Toyobo Co holds performance score of 7. The entity has beta of -1.4393 which indicates as returns on market increase, returns on owning Toyobo Co are expected to decrease by larger amounts. On the other hand, during market turmoil, Toyobo Co is expected to significantly outperform it. Although it is vital to follow to Toyobo Co ADR current price movements, it is good to be conservative about what you can actually do with the information regarding equity historical returns. The philosophy towards measuring future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By inspecting Toyobo Co ADR technical indicators you can presently evaluate if the expected return of 0.2564% will be sustainable into the future. Please operates Toyobo Co Maximum Drawdown and Skewness to make a quick decision on weather Toyobo Co ADR existing price patterns will revert.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.00 
correlation synergy

No correlation between past and present

Toyobo Co Ltd ADR has no correlation between past and present. Overlapping area represents the amount of predictability between Toyobo Co time series from October 19, 2019 to December 3, 2019 and December 3, 2019 to January 17, 2020. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Toyobo Co ADR price movement. The serial correlation of 0.0 indicates that just 0.0% of current Toyobo Co price fluctuation can be explain by its past prices.
Correlation Coefficient0.0
Spearman Rank Test1.0
Residual Average0.0
Price Variance0.98

Toyobo Co ADR lagged returns against current returns

 Current and Lagged Values 
    
  Timeline 

Toyobo Co regressed lagged prices vs. current prices

 Current vs Lagged Prices 
    
  Timeline 

Toyobo Co Lagged Returns

 Regressed Prices 
    
  Timeline 

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Additionally take a look at Toyobo Co Hype Analysis, Toyobo Co Correlation, Toyobo Co Valuation, Toyobo Co Volatility as well as analyze Toyobo Co Alpha and Beta and Toyobo Co Performance. Please also try Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.