Takeda Pharmaceutical (Germany) Market Value
| TKDA Stock | 12.80 0.30 2.40% |
| Symbol | Takeda |
Takeda Pharmaceutical '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 Takeda Pharmaceutical'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 Takeda Pharmaceutical.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Takeda Pharmaceutical on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Takeda Pharmaceutical or generate 0.0% return on investment in Takeda Pharmaceutical over 30 days. Takeda Pharmaceutical is related to or competes with INTERSHOP Communications, Consolidated Communications, Cogent Communications, Iridium Communications, and TRADEGATE. More
Takeda Pharmaceutical 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 Takeda Pharmaceutical'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 Takeda Pharmaceutical upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 5.52 | |||
| Value At Risk | (1.57) | |||
| Potential Upside | 1.55 |
Takeda Pharmaceutical Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Takeda Pharmaceutical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Takeda Pharmaceutical's standard deviation. In reality, there are many statistical measures that can use Takeda Pharmaceutical historical prices to predict the future Takeda Pharmaceutical's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | (0.41) |
Takeda Pharmaceutical Backtested Returns
Takeda Pharmaceutical owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0477, which indicates the firm had a -0.0477% return per unit of risk over the last 3 months. Takeda Pharmaceutical exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Takeda Pharmaceutical's Coefficient Of Variation of (2,813), variance of 1.28, and Risk Adjusted Performance of (0.02) to confirm the risk estimate we provide. The entity has a beta of 0.12, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Takeda Pharmaceutical's returns are expected to increase less than the market. However, during the bear market, the loss of holding Takeda Pharmaceutical is expected to be smaller as well. At this point, Takeda Pharmaceutical has a negative expected return of -0.0552%. Please make sure to validate Takeda Pharmaceutical's total risk alpha, maximum drawdown, skewness, as well as the relationship between the treynor ratio and potential upside , to decide if Takeda Pharmaceutical performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.16 |
Insignificant reverse predictability
Takeda Pharmaceutical has insignificant reverse predictability. Overlapping area represents the amount of predictability between Takeda Pharmaceutical time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Takeda Pharmaceutical price movement. The serial correlation of -0.16 indicates that over 16.0% of current Takeda Pharmaceutical price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.16 | |
| Spearman Rank Test | 0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Takeda Pharmaceutical lagged returns against current returns
Autocorrelation, which is Takeda Pharmaceutical 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 Takeda Pharmaceutical's stock expected returns. We can calculate the autocorrelation of Takeda Pharmaceutical returns to help us make a trade decision. For example, suppose you find that Takeda Pharmaceutical 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 |
Takeda Pharmaceutical 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 Takeda Pharmaceutical stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Takeda Pharmaceutical stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Takeda Pharmaceutical stock over time.
Current vs Lagged Prices |
| Timeline |
Takeda Pharmaceutical Lagged Returns
When evaluating Takeda Pharmaceutical's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Takeda Pharmaceutical stock have on its future price. Takeda Pharmaceutical 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, Takeda Pharmaceutical autocorrelation shows the relationship between Takeda Pharmaceutical stock current value and its past values and can show if there is a momentum factor associated with investing in Takeda Pharmaceutical.
Regressed Prices |
| Timeline |
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Additional Tools for Takeda Stock Analysis
When running Takeda Pharmaceutical's price analysis, check to measure Takeda Pharmaceutical'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 Takeda Pharmaceutical is operating at the current time. Most of Takeda Pharmaceutical's value examination focuses on studying past and present price action to predict the probability of Takeda Pharmaceutical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Takeda Pharmaceutical's price. Additionally, you may evaluate how the addition of Takeda Pharmaceutical to your portfolios can decrease your overall portfolio volatility.