Screen Holdings Co Stock Market Value
| DINRF Stock | USD 58.14 0.50 0.87% |
| Symbol | SCREEN |
SCREEN Holdings '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 SCREEN Holdings' otc 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 SCREEN Holdings.
| 11/22/2024 |
| 12/22/2024 |
If you would invest 0.00 in SCREEN Holdings on November 22, 2024 and sell it all today you would earn a total of 0.00 from holding SCREEN Holdings Co or generate 0.0% return on investment in SCREEN Holdings over 30 days. SCREEN Holdings is related to or competes with Disco Corp, Tokyo Electron, Sumco Corp, Amtech Systems, and Veeco Instruments. SCREEN Holdings Co., Ltd. develops, manufactures, sells, and maintains semiconductor production equipment in Japan More
SCREEN Holdings 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 SCREEN Holdings' otc 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 SCREEN Holdings Co upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 28.72 | |||
| Value At Risk | (11.57) | |||
| Potential Upside | 7.26 |
SCREEN Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SCREEN Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SCREEN Holdings' standard deviation. In reality, there are many statistical measures that can use SCREEN Holdings historical prices to predict the future SCREEN Holdings' volatility.| Risk Adjusted Performance | (0.10) | |||
| Jensen Alpha | (0.81) | |||
| Total Risk Alpha | (0.95) | |||
| Treynor Ratio | (2.05) |
SCREEN Holdings Backtested Returns
SCREEN Holdings owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.27, which indicates the company had a -0.27% return per unit of standard deviation over the last 3 months. SCREEN Holdings Co exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SCREEN Holdings' Risk Adjusted Performance of (0.10), standard deviation of 5.54, and Market Risk Adjusted Performance of (2.04) to confirm the risk estimate we provide. The firm has a beta of 0.39, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, SCREEN Holdings' returns are expected to increase less than the market. However, during the bear market, the loss of holding SCREEN Holdings is expected to be smaller as well. At this point, SCREEN Holdings has a negative expected return of -1.08%. Please make sure to validate SCREEN Holdings' potential upside, as well as the relationship between the daily balance of power and market facilitation index , to decide if SCREEN Holdings performance from the past will be repeated at future time.
Auto-correlation | 0.00 |
No correlation between past and present
SCREEN Holdings Co has no correlation between past and present. Overlapping area represents the amount of predictability between SCREEN Holdings time series from 22nd of November 2024 to 7th of December 2024 and 7th of December 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 SCREEN Holdings price movement. The serial correlation of 0.0 indicates that just 0.0% of current SCREEN Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
SCREEN Holdings lagged returns against current returns
Autocorrelation, which is SCREEN Holdings otc 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 SCREEN Holdings' otc stock expected returns. We can calculate the autocorrelation of SCREEN Holdings returns to help us make a trade decision. For example, suppose you find that SCREEN Holdings has exhibited high autocorrelation historically, and you observe that the otc 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 |
SCREEN Holdings 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 SCREEN Holdings otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SCREEN Holdings otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SCREEN Holdings otc stock over time.
Current vs Lagged Prices |
| Timeline |
SCREEN Holdings Lagged Returns
When evaluating SCREEN Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SCREEN Holdings otc stock have on its future price. SCREEN Holdings 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, SCREEN Holdings autocorrelation shows the relationship between SCREEN Holdings otc stock current value and its past values and can show if there is a momentum factor associated with investing in SCREEN Holdings Co.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in SCREEN OTC Stock
SCREEN Holdings financial ratios help investors to determine whether SCREEN OTC 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 SCREEN with respect to the benefits of owning SCREEN Holdings security.