Isetan Mitsukoshi (Germany) Market Value
| 4HP Stock | EUR 14.80 0.50 3.50% |
| Symbol | Isetan |
Isetan Mitsukoshi '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 Isetan Mitsukoshi'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 Isetan Mitsukoshi.
| 10/23/2024 |
| 12/22/2024 |
If you would invest 0.00 in Isetan Mitsukoshi on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Isetan Mitsukoshi Holdings or generate 0.0% return on investment in Isetan Mitsukoshi over 60 days. Isetan Mitsukoshi is related to or competes with Aeon, SHOPRITE HDGS, Shoprite Holdings, Dillards, Macys, RYOHIN UNSPADR1, and PEPKOR. Isetan Mitsukoshi Holdings Ltd., together with its subsidiaries, engages in the department store business in Japan and i... More
Isetan Mitsukoshi 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 Isetan Mitsukoshi'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 Isetan Mitsukoshi Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.89 | |||
| Information Ratio | 0.0641 | |||
| Maximum Drawdown | 14.37 | |||
| Value At Risk | (3.73) | |||
| Potential Upside | 5.43 |
Isetan Mitsukoshi Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Isetan Mitsukoshi's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Isetan Mitsukoshi's standard deviation. In reality, there are many statistical measures that can use Isetan Mitsukoshi historical prices to predict the future Isetan Mitsukoshi's volatility.| Risk Adjusted Performance | 0.0671 | |||
| Jensen Alpha | 0.1963 | |||
| Total Risk Alpha | 0.1234 | |||
| Sortino Ratio | 0.0622 | |||
| Treynor Ratio | 0.8185 |
Isetan Mitsukoshi Backtested Returns
At this point, Isetan Mitsukoshi is not too volatile. Isetan Mitsukoshi holds Efficiency (Sharpe) Ratio of 0.0676, which attests that the entity had a 0.0676% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Isetan Mitsukoshi, which you can use to evaluate the volatility of the firm. Please check out Isetan Mitsukoshi's Market Risk Adjusted Performance of 0.8285, downside deviation of 2.89, and Risk Adjusted Performance of 0.0671 to validate if the risk estimate we provide is consistent with the expected return of 0.19%. Isetan Mitsukoshi has a performance score of 5 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.25, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Isetan Mitsukoshi's returns are expected to increase less than the market. However, during the bear market, the loss of holding Isetan Mitsukoshi is expected to be smaller as well. Isetan Mitsukoshi right now retains a risk of 2.79%. Please check out Isetan Mitsukoshi semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to decide if Isetan Mitsukoshi will be following its current trending patterns.
Auto-correlation | -0.19 |
Insignificant reverse predictability
Isetan Mitsukoshi Holdings has insignificant reverse predictability. Overlapping area represents the amount of predictability between Isetan Mitsukoshi time series from 23rd of October 2024 to 22nd of November 2024 and 22nd of November 2024 to 22nd of December 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 Isetan Mitsukoshi price movement. The serial correlation of -0.19 indicates that over 19.0% of current Isetan Mitsukoshi price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.19 | |
| Spearman Rank Test | 0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 0.29 |
Isetan Mitsukoshi lagged returns against current returns
Autocorrelation, which is Isetan Mitsukoshi 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 Isetan Mitsukoshi's stock expected returns. We can calculate the autocorrelation of Isetan Mitsukoshi returns to help us make a trade decision. For example, suppose you find that Isetan Mitsukoshi 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 |
Isetan Mitsukoshi 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 Isetan Mitsukoshi stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Isetan Mitsukoshi stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Isetan Mitsukoshi stock over time.
Current vs Lagged Prices |
| Timeline |
Isetan Mitsukoshi Lagged Returns
When evaluating Isetan Mitsukoshi's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Isetan Mitsukoshi stock have on its future price. Isetan Mitsukoshi 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, Isetan Mitsukoshi autocorrelation shows the relationship between Isetan Mitsukoshi stock current value and its past values and can show if there is a momentum factor associated with investing in Isetan Mitsukoshi Holdings.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Isetan Stock
Isetan Mitsukoshi financial ratios help investors to determine whether Isetan Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Isetan with respect to the benefits of owning Isetan Mitsukoshi security.