Mizuno (Germany) Market Value
| MIZ Stock | EUR 56.00 1.00 1.75% |
| Symbol | Mizuno |
Mizuno '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 Mizuno'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 Mizuno.
| 06/24/2024 |
| 12/21/2024 |
If you would invest 0.00 in Mizuno on June 24, 2024 and sell it all today you would earn a total of 0.00 from holding Mizuno or generate 0.0% return on investment in Mizuno over 180 days. Mizuno is related to or competes with MercadoLibre, OReilly Automotive, AutoZone, Tractor Supply, Ulta Beauty, EBay, and Genuine Parts. Mizuno Corporation develops, manufactures, and sells sporting goods in Japan and internationally More
Mizuno 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 Mizuno'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 Mizuno upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.29 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 15.13 | |||
| Value At Risk | (4.31) | |||
| Potential Upside | 3.85 |
Mizuno Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mizuno's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mizuno's standard deviation. In reality, there are many statistical measures that can use Mizuno historical prices to predict the future Mizuno's volatility.| Risk Adjusted Performance | 0.014 | |||
| Jensen Alpha | 0.0186 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | (0.07) |
Mizuno Backtested Returns
At this point, Mizuno is very steady. Mizuno has Sharpe Ratio of 0.0184, which conveys that the firm had a 0.0184% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Mizuno, which you can use to evaluate the volatility of the firm. Please verify Mizuno's Risk Adjusted Performance of 0.014, downside deviation of 3.29, and Mean Deviation of 1.97 to check out if the risk estimate we provide is consistent with the expected return of 0.049%. Mizuno has a performance score of 1 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.21, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Mizuno are expected to decrease at a much lower rate. During the bear market, Mizuno is likely to outperform the market. Mizuno right now secures a risk of 2.66%. Please verify Mizuno value at risk, expected short fall, rate of daily change, as well as the relationship between the downside variance and kurtosis , to decide if Mizuno will be following its current price movements.
Auto-correlation | 0.19 |
Very weak predictability
Mizuno has very weak predictability. Overlapping area represents the amount of predictability between Mizuno time series from 24th of June 2024 to 22nd of September 2024 and 22nd of September 2024 to 21st 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 Mizuno price movement. The serial correlation of 0.19 indicates that over 19.0% of current Mizuno price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.19 | |
| Spearman Rank Test | 0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 16.72 |
Mizuno lagged returns against current returns
Autocorrelation, which is Mizuno 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 Mizuno's stock expected returns. We can calculate the autocorrelation of Mizuno returns to help us make a trade decision. For example, suppose you find that Mizuno 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 |
Mizuno 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 Mizuno stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mizuno stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mizuno stock over time.
Current vs Lagged Prices |
| Timeline |
Mizuno Lagged Returns
When evaluating Mizuno's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mizuno stock have on its future price. Mizuno 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, Mizuno autocorrelation shows the relationship between Mizuno stock current value and its past values and can show if there is a momentum factor associated with investing in Mizuno.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Mizuno Stock
Mizuno financial ratios help investors to determine whether Mizuno 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 Mizuno with respect to the benefits of owning Mizuno security.