Sankyo (Germany) Market Value

SOK Stock  EUR 10.30  0.10  0.96%   
Sankyo's market value is the price at which a share of Sankyo stock trades on a public exchange. It measures the collective expectations of Sankyo Co investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Sankyo Co and determine expected loss or profit from investing in Sankyo over a given investment horizon.
Check out Sankyo Correlation, Sankyo Volatility and Sankyo Alpha and Beta module to complement your research on Sankyo.
Symbol

Please note, there is a significant difference between Sankyo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sankyo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sankyo's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Sankyo '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 Sankyo'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 Sankyo.
0.00
03/13/2022
No Change 0.00  0.0 
In 1 year 11 months and 22 days
03/02/2024
0.00
If you would invest  0.00  in Sankyo on March 13, 2022 and sell it all today you would earn a total of 0.00 from holding Sankyo Co or generate 0.0% return on investment in Sankyo over 720 days. Sankyo is related to or competes with Rogers Communications, INTERSHOP Communications, Ribbon Communications, SHIP HEALTHCARE, CVS Health, and Evolent Health. Sankyo Co., Ltd. manufactures and sells pachinko and pachislot machines in Japan More

Sankyo 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 Sankyo'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 Sankyo Co upside and downside potential and time the market with a certain degree of confidence.

Sankyo Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Sankyo's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sankyo's standard deviation. In reality, there are many statistical measures that can use Sankyo historical prices to predict the future Sankyo's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Sankyo'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. Please use the tools below to analyze the current value of Sankyo in the context of predictive analytics.
Hype
Prediction
LowEstimatedHigh
8.1210.3012.48
Details
Intrinsic
Valuation
LowRealHigh
8.7010.8813.06
Details
Naive
Forecast
LowNextHigh
7.9410.1212.30
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
10.1710.4510.73
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Sankyo. Your research has to be compared to or analyzed against Sankyo's peers to derive any actionable benefits. When done correctly, Sankyo's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Sankyo.

Sankyo Backtested Returns

Sankyo appears to be not too volatile, given 3 months investment horizon. Sankyo owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.18, which indicates the firm had 0.18% return per unit of risk over the last 3 months. Our standpoint towards measuring the 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-eight technical indicators for Sankyo Co, which you can use to evaluate the future volatility of the company. Please review Sankyo's Coefficient Of Variation of 556.39, semi deviation of 1.89, and Risk Adjusted Performance of 0.1208 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Sankyo holds a performance score of 13. The entity has a beta of 0.31, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Sankyo returns are expected to increase less than the market. However, during the bear market, the loss on holding Sankyo will be expected to be smaller as well. Although it is vital to follow Sankyo current price movements, it is good to be conservative about what you can do with the information regarding equity historical returns. Please operates Sankyo sortino ratio, potential upside, skewness, as well as the relationship between the maximum drawdown and semi variance to make a quick decision on whether Sankyo existing price patterns will revert.

Auto-correlation

    
  0.73  

Good predictability

Sankyo Co has good predictability. Overlapping area represents the amount of predictability between Sankyo time series from 13th of March 2022 to 8th of March 2023 and 8th of March 2023 to 2nd of March 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 Sankyo price movement. The serial correlation of 0.73 indicates that around 73.0% of current Sankyo price fluctuation can be explain by its past prices.
Correlation Coefficient0.73
Spearman Rank Test0.66
Residual Average0.0
Price Variance1.71

Sankyo lagged returns against current returns

Autocorrelation, which is Sankyo 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 Sankyo's stock expected returns. We can calculate the autocorrelation of Sankyo returns to help us make a trade decision. For example, suppose you find that Sankyo stock 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 stock movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Sankyo 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 Sankyo stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sankyo stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sankyo stock over time.
   Current vs Lagged Prices   
       Timeline  

Sankyo Lagged Returns

When evaluating Sankyo's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sankyo stock have on its future price. Sankyo 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, Sankyo autocorrelation shows the relationship between Sankyo stock current value and its past values and can show if there is a momentum factor associated with investing in Sankyo Co.
   Regressed Prices   
       Timeline  

Currently Active Assets on Macroaxis

Check out Sankyo Correlation, Sankyo Volatility and Sankyo Alpha and Beta module to complement your research on Sankyo.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

Complementary Tools for Sankyo Stock analysis

When running Sankyo's price analysis, check to measure Sankyo'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 Sankyo is operating at the current time. Most of Sankyo's value examination focuses on studying past and present price action to predict the probability of Sankyo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sankyo's price. Additionally, you may evaluate how the addition of Sankyo to your portfolios can decrease your overall portfolio volatility.
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Sankyo 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.
A focus of Sankyo technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Sankyo trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...