Mizuho Financial (Germany) Market Value
| MZ8 Stock | EUR 23.95 0.11 0.46% |
| Symbol | Mizuho |
Mizuho Financial '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 Mizuho Financial'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 Mizuho Financial.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in Mizuho Financial on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding Mizuho Financial Group or generate 0.0% return on investment in Mizuho Financial over 30 days. Mizuho Financial is related to or competes with SALESFORCE INC, Alaska Air, Altair Engineering, Pentair Plc, Norwegian Air, Gruppo Mutuionline, and Corsair Gaming. Mizuho Financial Group, Inc., together with its subsidiaries, engages in banking, trust, securities, and other businesse... More
Mizuho Financial 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 Mizuho Financial'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 Mizuho Financial Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.79 | |||
| Information Ratio | 0.162 | |||
| Maximum Drawdown | 10.59 | |||
| Value At Risk | (2.93) | |||
| Potential Upside | 3.76 |
Mizuho Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mizuho Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mizuho Financial's standard deviation. In reality, there are many statistical measures that can use Mizuho Financial historical prices to predict the future Mizuho Financial's volatility.| Risk Adjusted Performance | 0.1639 | |||
| Jensen Alpha | 0.4201 | |||
| Total Risk Alpha | 0.1224 | |||
| Sortino Ratio | 0.2021 | |||
| Treynor Ratio | 0.959 |
Mizuho Financial Backtested Returns
Mizuho Financial appears to be very steady, given 3 months investment horizon. Mizuho Financial has Sharpe Ratio of 0.22, which conveys that the firm had a 0.22% return per unit of risk over the last 3 months. By analyzing Mizuho Financial's technical indicators, you can evaluate if the expected return of 0.5% is justified by implied risk. Please exercise Mizuho Financial's Risk Adjusted Performance of 0.1639, downside deviation of 1.79, and Mean Deviation of 1.69 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Mizuho Financial holds a performance score of 17. The company secures a Beta (Market Risk) of 0.5, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Mizuho Financial's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mizuho Financial is expected to be smaller as well. Please check Mizuho Financial's maximum drawdown, potential upside, semi variance, as well as the relationship between the value at risk and downside variance , to make a quick decision on whether Mizuho Financial's current price movements will revert.
Auto-correlation | 0.74 |
Good predictability
Mizuho Financial Group has good predictability. Overlapping area represents the amount of predictability between Mizuho Financial time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th 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 Mizuho Financial price movement. The serial correlation of 0.74 indicates that around 74.0% of current Mizuho Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.74 | |
| Spearman Rank Test | 0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 0.22 |
Mizuho Financial lagged returns against current returns
Autocorrelation, which is Mizuho Financial 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 Mizuho Financial's stock expected returns. We can calculate the autocorrelation of Mizuho Financial returns to help us make a trade decision. For example, suppose you find that Mizuho Financial 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 |
Mizuho Financial 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 Mizuho Financial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mizuho Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mizuho Financial stock over time.
Current vs Lagged Prices |
| Timeline |
Mizuho Financial Lagged Returns
When evaluating Mizuho Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mizuho Financial stock have on its future price. Mizuho Financial 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, Mizuho Financial autocorrelation shows the relationship between Mizuho Financial stock current value and its past values and can show if there is a momentum factor associated with investing in Mizuho Financial Group.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Mizuho Stock
When determining whether Mizuho Financial is a strong investment it is important to analyze Mizuho Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Mizuho Financial's future performance. For an informed investment choice regarding Mizuho Stock, refer to the following important reports:Check out Mizuho Financial Correlation, Mizuho Financial Volatility and Mizuho Financial Alpha and Beta module to complement your research on Mizuho Financial. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Mizuho Financial technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.