Shionogi (Germany) Market Value
| SH0 Stock | 13.30 0.10 0.76% |
| Symbol | Shionogi |
Shionogi '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 Shionogi'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 Shionogi.
| 09/26/2024 |
| 12/25/2024 |
If you would invest 0.00 in Shionogi on September 26, 2024 and sell it all today you would earn a total of 0.00 from holding Shionogi Co or generate 0.0% return on investment in Shionogi over 90 days. Shionogi is related to or competes with Apple, Apple, Apple, Apple, Apple, Apple, and Microsoft. More
Shionogi 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 Shionogi'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 Shionogi Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.0 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 11.57 | |||
| Value At Risk | (2.34) | |||
| Potential Upside | 1.61 |
Shionogi Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shionogi's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Shionogi's standard deviation. In reality, there are many statistical measures that can use Shionogi historical prices to predict the future Shionogi's volatility.| Risk Adjusted Performance | 0.0096 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Shionogi's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Shionogi Backtested Returns
Currently, Shionogi Co is not too volatile. Shionogi owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0153, which indicates the firm had a 0.0153% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Shionogi Co, which you can use to evaluate the volatility of the company. Please validate Shionogi's Semi Deviation of 1.5, coefficient of variation of 17439.07, and Risk Adjusted Performance of 0.0096 to confirm if the risk estimate we provide is consistent with the expected return of 0.0247%. Shionogi has a performance score of 1 on a scale of 0 to 100. The entity has a beta of 0.37, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Shionogi's returns are expected to increase less than the market. However, during the bear market, the loss of holding Shionogi is expected to be smaller as well. Shionogi right now has a risk of 1.61%. Please validate Shionogi jensen alpha, maximum drawdown, semi variance, as well as the relationship between the sortino ratio and potential upside , to decide if Shionogi will be following its existing price patterns.
Auto-correlation | -0.08 |
Very weak reverse predictability
Shionogi Co has very weak reverse predictability. Overlapping area represents the amount of predictability between Shionogi time series from 26th of September 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Shionogi price movement. The serial correlation of -0.08 indicates that barely 8.0% of current Shionogi price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.08 | |
| Spearman Rank Test | 0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.13 |
Shionogi lagged returns against current returns
Autocorrelation, which is Shionogi 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 Shionogi's stock expected returns. We can calculate the autocorrelation of Shionogi returns to help us make a trade decision. For example, suppose you find that Shionogi 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 |
Shionogi 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 Shionogi stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Shionogi stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Shionogi stock over time.
Current vs Lagged Prices |
| Timeline |
Shionogi Lagged Returns
When evaluating Shionogi's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Shionogi stock have on its future price. Shionogi 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, Shionogi autocorrelation shows the relationship between Shionogi stock current value and its past values and can show if there is a momentum factor associated with investing in Shionogi Co.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Shionogi Stock Analysis
When running Shionogi's price analysis, check to measure Shionogi'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 Shionogi is operating at the current time. Most of Shionogi's value examination focuses on studying past and present price action to predict the probability of Shionogi's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shionogi's price. Additionally, you may evaluate how the addition of Shionogi to your portfolios can decrease your overall portfolio volatility.