TOKYO GAS Risk Analysis And Volatility

TKGSY -- USA Stock  

USD 12.66  0.27  2.18%

We consider TOKYO GAS slightly risky. TOKYO GAS CO owns Efficiency Ratio (i.e. Sharpe Ratio) of 0.0549 which indicates the firm had 0.0549% of return per unit of volatility over the last 3 months. Our approach 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-one technical indicators for TOKYO GAS CO which you can use to evaluate future volatility of the company. Please validate TOKYO GAS Risk Adjusted Performance of 0.041 and Coefficient Of Variation of 2485.21 to confirm if risk estimate we provide are consistent with the epected return of 0.1021%.

90 Days Market Risk

Slightly risky

Chance of Distress in 24 months

Below average

90 Days Economic Sensitivity

Slowly supersedes market
Horizon     30 Days    Login   to change

TOKYO GAS Market Sensitivity

As returns on market increase, TOKYO GAS returns are expected to increase less than the market. However during bear market, the loss on holding TOKYO GAS will be expected to be smaller as well.
3 Months Beta |Analyze TOKYO GAS CO Demand Trend
Check current 30 days TOKYO GAS correlation with market (DOW)
β = 0.2196

TOKYO GAS Central Daily Price Deviation

TOKYO GAS CO Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. TOKYO GAS CO Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input. View also all equity analysis or get more info about average price price transform indicator.

TOKYO GAS Projected Return Density Against Market

Assuming 30 trading days horizon, TOKYO GAS has beta of 0.2196 . This entails as returns on market go up, TOKYO GAS average returns are expected to increase less than the benchmark. However during bear market, the loss on holding TOKYO GAS CO will be expected to be much smaller as well. Moreover, The company has an alpha of 0.0552 implying that it can potentially generate 0.0552% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of TOKYO GAS is 1821.92. The daily returns are destributed with a variance of 3.46 and standard deviation of 1.86. The mean deviation of TOKYO GAS CO is currently at 1.27. For similar time horizon, the selected benchmark (DOW) has volatility of 0.9
α
Alpha over DOW
=0.06
β
Beta against DOW=0.22
σ
Overall volatility
=1.86
Ir
Information ratio =0.018

TOKYO GAS Return Volatility

the company shows 1.8596% volatility of returns over 30 trading days. the entity inherits 0.9088% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

TOKYO GAS Investment Opportunity

TOKYO GAS CO has a volatility of 1.86 and is 2.04 times more volatile than DOW. 16% of all equities and portfolios are less risky than TOKYO GAS. Compared to the overall equity markets, volatility of historical daily returns of TOKYO GAS CO is lower than 16 (%) of all global equities and portfolios over the last 30 days. Use TOKYO GAS CO to enhance returns of your portfolios. The otc stock experiences expected bullish sentiment for its category. Check odds of TOKYO GAS to be traded at $15.19 in 30 days. . As returns on market increase, TOKYO GAS returns are expected to increase less than the market. However during bear market, the loss on holding TOKYO GAS will be expected to be smaller as well.

TOKYO GAS correlation with market

correlation synergy
Average diversification
Overlapping area represents the amount of risk that can be diversified away by holding TOKYO GAS CO and equity matching DJI index in the same portfolio.

TOKYO GAS Current Risk Indicators

TOKYO GAS Suggested Diversification Pairs

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