Toyota Tsusho (Germany) Market Value
| 9TO Stock | EUR 15.90 0.10 0.63% |
| Symbol | Toyota |
Toyota Tsusho '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 Toyota Tsusho'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 Toyota Tsusho.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in Toyota Tsusho on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding Toyota Tsusho or generate 0.0% return on investment in Toyota Tsusho over 180 days. Toyota Tsusho is related to or competes with Virtus Investment, EAT WELL, Perseus Mining, American Eagle, DIVERSIFIED ROYALTY, MCEWEN MINING, and SEI INVESTMENTS. Toyota Tsusho Corporation engages in the metals, parts and logistics, automotive, machinery, energy and project, chemica... More
Toyota Tsusho 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 Toyota Tsusho'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 Toyota Tsusho upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 7.53 | |||
| Value At Risk | (3.57) | |||
| Potential Upside | 3.27 |
Toyota Tsusho Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Toyota Tsusho's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Toyota Tsusho's standard deviation. In reality, there are many statistical measures that can use Toyota Tsusho historical prices to predict the future Toyota Tsusho's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.41) | |||
| Treynor Ratio | (0.17) |
Toyota Tsusho Backtested Returns
Toyota Tsusho owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0488, which indicates the firm had a -0.0488% return per unit of risk over the last 3 months. Toyota Tsusho exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Toyota Tsusho's Variance of 3.15, coefficient of variation of (1,716), and Risk Adjusted Performance of (0.04) to confirm the risk estimate we provide. The entity has a beta of 0.65, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Toyota Tsusho's returns are expected to increase less than the market. However, during the bear market, the loss of holding Toyota Tsusho is expected to be smaller as well. At this point, Toyota Tsusho has a negative expected return of -0.0871%. Please make sure to validate Toyota Tsusho's potential upside, rate of daily change, period momentum indicator, as well as the relationship between the kurtosis and day typical price , to decide if Toyota Tsusho performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.30 |
Below average predictability
Toyota Tsusho has below average predictability. Overlapping area represents the amount of predictability between Toyota Tsusho time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 2024 to 30th of November 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 Toyota Tsusho price movement. The serial correlation of 0.3 indicates that nearly 30.0% of current Toyota Tsusho price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.3 | |
| Spearman Rank Test | 0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
Toyota Tsusho lagged returns against current returns
Autocorrelation, which is Toyota Tsusho 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 Toyota Tsusho's stock expected returns. We can calculate the autocorrelation of Toyota Tsusho returns to help us make a trade decision. For example, suppose you find that Toyota Tsusho 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 |
Toyota Tsusho 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 Toyota Tsusho stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Toyota Tsusho stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Toyota Tsusho stock over time.
Current vs Lagged Prices |
| Timeline |
Toyota Tsusho Lagged Returns
When evaluating Toyota Tsusho's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Toyota Tsusho stock have on its future price. Toyota Tsusho 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, Toyota Tsusho autocorrelation shows the relationship between Toyota Tsusho stock current value and its past values and can show if there is a momentum factor associated with investing in Toyota Tsusho.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Toyota Stock
Toyota Tsusho financial ratios help investors to determine whether Toyota 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 Toyota with respect to the benefits of owning Toyota Tsusho security.