Ajinomoto Co Adr Stock Market Value
| AJINY Stock | USD 42.14 0.21 0.50% |
| Symbol | Ajinomoto |
Ajinomoto '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 Ajinomoto'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 Ajinomoto.
| 11/17/2024 |
| 12/17/2024 |
If you would invest 0.00 in Ajinomoto on November 17, 2024 and sell it all today you would earn a total of 0.00 from holding Ajinomoto Co ADR or generate 0.0% return on investment in Ajinomoto over 30 days. Ajinomoto is related to or competes with BRF SA, Pilgrims Pride, John B, Seneca Foods, Bridgford Foods, Central Garden, and Bellring Brands. Ajinomoto Co., Inc. engages in the seasonings and foods, frozen foods, and healthcare and other businesses in Japan and ... More
Ajinomoto 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 Ajinomoto'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 Ajinomoto Co ADR upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.5 | |||
| Information Ratio | 0.0851 | |||
| Maximum Drawdown | 9.31 | |||
| Value At Risk | (2.25) | |||
| Potential Upside | 2.29 |
Ajinomoto Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ajinomoto's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ajinomoto's standard deviation. In reality, there are many statistical measures that can use Ajinomoto historical prices to predict the future Ajinomoto's volatility.| Risk Adjusted Performance | 0.098 | |||
| Jensen Alpha | 0.1698 | |||
| Total Risk Alpha | 0.0664 | |||
| Sortino Ratio | 0.0903 | |||
| Treynor Ratio | 0.4821 |
Ajinomoto Co ADR Backtested Returns
Ajinomoto appears to be very steady, given 3 months investment horizon. Ajinomoto Co ADR secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Ajinomoto Co ADR, which you can use to evaluate the volatility of the firm. Please makes use of Ajinomoto's Downside Deviation of 1.5, mean deviation of 1.24, and Risk Adjusted Performance of 0.098 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Ajinomoto holds a performance score of 10. The firm shows a Beta (market volatility) of 0.4, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Ajinomoto's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ajinomoto is expected to be smaller as well. Please check Ajinomoto's sortino ratio, as well as the relationship between the semi variance and rate of daily change , to make a quick decision on whether Ajinomoto's price patterns will revert.
Auto-correlation | 0.30 |
Below average predictability
Ajinomoto Co ADR has below average predictability. Overlapping area represents the amount of predictability between Ajinomoto time series from 17th of November 2024 to 2nd of December 2024 and 2nd of December 2024 to 17th 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 Ajinomoto Co ADR price movement. The serial correlation of 0.3 indicates that nearly 30.0% of current Ajinomoto price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.3 | |
| Spearman Rank Test | 0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Ajinomoto Co ADR lagged returns against current returns
Autocorrelation, which is Ajinomoto 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 Ajinomoto's pink sheet expected returns. We can calculate the autocorrelation of Ajinomoto returns to help us make a trade decision. For example, suppose you find that Ajinomoto 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 |
Ajinomoto 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 Ajinomoto pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ajinomoto pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ajinomoto pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Ajinomoto Lagged Returns
When evaluating Ajinomoto's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ajinomoto pink sheet have on its future price. Ajinomoto 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, Ajinomoto autocorrelation shows the relationship between Ajinomoto pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Ajinomoto Co ADR.
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 Ajinomoto Pink Sheet Analysis
When running Ajinomoto's price analysis, check to measure Ajinomoto'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 Ajinomoto is operating at the current time. Most of Ajinomoto's value examination focuses on studying past and present price action to predict the probability of Ajinomoto's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ajinomoto's price. Additionally, you may evaluate how the addition of Ajinomoto to your portfolios can decrease your overall portfolio volatility.