Mitsubishi Ufj Lease Stock Market Value
| MIUFY Stock | USD 11.96 0.00 0.00% |
| Symbol | Mitsubishi |
Mitsubishi UFJ '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 Mitsubishi UFJ'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 Mitsubishi UFJ.
| 11/03/2024 |
| 12/03/2024 |
If you would invest 0.00 in Mitsubishi UFJ on November 3, 2024 and sell it all today you would earn a total of 0.00 from holding Mitsubishi UFJ Lease or generate 0.0% return on investment in Mitsubishi UFJ over 30 days. Mitsubishi UFJ is related to or competes with Visa, Mastercard, American Express, PayPal Holdings, Capital One, Discover Financial, and Synchrony Financial. Mitsubishi HC Capital Inc., together with its subsidiaries, engages in the lease, installment sale, and other financing ... More
Mitsubishi UFJ 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 Mitsubishi UFJ'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 Mitsubishi UFJ Lease upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 23.89 | |||
| Value At Risk | (1.16) | |||
| Potential Upside | 3.39 |
Mitsubishi UFJ Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mitsubishi UFJ's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mitsubishi UFJ's standard deviation. In reality, there are many statistical measures that can use Mitsubishi UFJ historical prices to predict the future Mitsubishi UFJ's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.66) | |||
| Treynor Ratio | (0.86) |
Mitsubishi UFJ Lease Backtested Returns
Mitsubishi UFJ Lease has Sharpe Ratio of -0.0581, which conveys that the firm had a -0.0581% return per unit of risk over the last 3 months. Mitsubishi UFJ exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mitsubishi UFJ's Standard Deviation of 3.12, risk adjusted performance of (0.04), and Mean Deviation of 1.16 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.22, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Mitsubishi UFJ's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mitsubishi UFJ is expected to be smaller as well. At this point, Mitsubishi UFJ Lease has a negative expected return of -0.18%. Please make sure to verify Mitsubishi UFJ's maximum drawdown and day median price , to decide if Mitsubishi UFJ Lease performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.38 |
Poor reverse predictability
Mitsubishi UFJ Lease has poor reverse predictability. Overlapping area represents the amount of predictability between Mitsubishi UFJ time series from 3rd of November 2024 to 18th of November 2024 and 18th of November 2024 to 3rd 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 Mitsubishi UFJ Lease price movement. The serial correlation of -0.38 indicates that just about 38.0% of current Mitsubishi UFJ price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.38 | |
| Spearman Rank Test | -0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 0.5 |
Mitsubishi UFJ Lease lagged returns against current returns
Autocorrelation, which is Mitsubishi UFJ 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 Mitsubishi UFJ's pink sheet expected returns. We can calculate the autocorrelation of Mitsubishi UFJ returns to help us make a trade decision. For example, suppose you find that Mitsubishi UFJ 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 |
Mitsubishi UFJ 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 Mitsubishi UFJ pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mitsubishi UFJ pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mitsubishi UFJ pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Mitsubishi UFJ Lagged Returns
When evaluating Mitsubishi UFJ's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mitsubishi UFJ pink sheet have on its future price. Mitsubishi UFJ 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, Mitsubishi UFJ autocorrelation shows the relationship between Mitsubishi UFJ pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Mitsubishi UFJ Lease.
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 Mitsubishi Pink Sheet Analysis
When running Mitsubishi UFJ's price analysis, check to measure Mitsubishi UFJ'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 Mitsubishi UFJ is operating at the current time. Most of Mitsubishi UFJ's value examination focuses on studying past and present price action to predict the probability of Mitsubishi UFJ's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mitsubishi UFJ's price. Additionally, you may evaluate how the addition of Mitsubishi UFJ to your portfolios can decrease your overall portfolio volatility.