Ebara Corp Adr Stock Market Value
| EBCOY Stock | USD 7.10 0.03 0.42% |
| Symbol | Ebara |
Ebara Corp '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 Ebara Corp's pink sheet 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 Ebara Corp.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Ebara Corp on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Ebara Corp ADR or generate 0.0% return on investment in Ebara Corp over 540 days. Ebara Corp is related to or competes with GE Aerospace, Eaton PLC, Siemens AG, Schneider Electric, Parker Hannifin, Illinois Tool, and Emerson Electric. Ebara Corporation manufactures and sells industrial machinery More
Ebara Corp 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 Ebara Corp's pink sheet 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 Ebara Corp ADR upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.84 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 14.92 | |||
| Value At Risk | (4.20) | |||
| Potential Upside | 4.15 |
Ebara Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ebara Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ebara Corp's standard deviation. In reality, there are many statistical measures that can use Ebara Corp historical prices to predict the future Ebara Corp's volatility.| Risk Adjusted Performance | 0.0361 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.33) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0898 |
Ebara Corp ADR Backtested Returns
Ebara Corp appears to be slightly risky, given 3 months investment horizon. Ebara Corp ADR secures Sharpe Ratio (or Efficiency) of 0.0704, which denotes the company had a 0.0704% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Ebara Corp ADR, which you can use to evaluate the volatility of the firm. Please utilize Ebara Corp's Mean Deviation of 2.01, semi deviation of 2.63, and Downside Deviation of 2.84 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Ebara Corp holds a performance score of 5. The firm shows a Beta (market volatility) of 1.08, which means a somewhat significant risk relative to the market. Ebara Corp returns are very sensitive to returns on the market. As the market goes up or down, Ebara Corp is expected to follow. Please check Ebara Corp's value at risk, and the relationship between the standard deviation and kurtosis , to make a quick decision on whether Ebara Corp's price patterns will revert.
Auto-correlation | -0.11 |
Insignificant reverse predictability
Ebara Corp ADR has insignificant reverse predictability. Overlapping area represents the amount of predictability between Ebara Corp time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th 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 Ebara Corp ADR price movement. The serial correlation of -0.11 indicates that less than 11.0% of current Ebara Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.11 | |
| Spearman Rank Test | -0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 5.7 |
Ebara Corp ADR lagged returns against current returns
Autocorrelation, which is Ebara Corp pink sheet'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 Ebara Corp's pink sheet expected returns. We can calculate the autocorrelation of Ebara Corp returns to help us make a trade decision. For example, suppose you find that Ebara Corp has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Ebara Corp 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 Ebara Corp pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ebara Corp pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ebara Corp pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Ebara Corp Lagged Returns
When evaluating Ebara Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ebara Corp pink sheet have on its future price. Ebara Corp 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, Ebara Corp autocorrelation shows the relationship between Ebara Corp pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Ebara Corp ADR.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Ebara Pink Sheet Analysis
When running Ebara Corp's price analysis, check to measure Ebara Corp'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 Ebara Corp is operating at the current time. Most of Ebara Corp's value examination focuses on studying past and present price action to predict the probability of Ebara Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ebara Corp's price. Additionally, you may evaluate how the addition of Ebara Corp to your portfolios can decrease your overall portfolio volatility.