Casio Computer Co Stock Market Value
| CSIOY Stock | USD 77.46 7.01 9.95% |
| Symbol | Casio |
Casio Computer '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 Casio Computer'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 Casio Computer.
| 06/05/2024 |
| 12/02/2024 |
If you would invest 0.00 in Casio Computer on June 5, 2024 and sell it all today you would earn a total of 0.00 from holding Casio Computer Co or generate 0.0% return on investment in Casio Computer over 180 days. Casio Computer is related to or competes with Apple, Sharp, Xiaomi Corp, Samsung Electronics, LG Display, Sony Corp, and Sonos. Casio Computer Co., Ltd., together with its subsidiaries, develops, produces, and sells consumer, system equipment, and ... More
Casio Computer 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 Casio Computer'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 Casio Computer Co upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 12.94 | |||
| Value At Risk | (5.00) | |||
| Potential Upside | 3.88 |
Casio Computer Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Casio Computer's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Casio Computer's standard deviation. In reality, there are many statistical measures that can use Casio Computer historical prices to predict the future Casio Computer's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.68) | |||
| Treynor Ratio | (3.35) |
Casio Computer Backtested Returns
Casio Computer secures Sharpe Ratio (or Efficiency) of -0.0395, which signifies that the company had a -0.0395% return per unit of risk over the last 3 months. Casio Computer Co exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Casio Computer's Risk Adjusted Performance of (0.05), mean deviation of 2.18, and Standard Deviation of 2.81 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0639, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Casio Computer's returns are expected to increase less than the market. However, during the bear market, the loss of holding Casio Computer is expected to be smaller as well. At this point, Casio Computer has a negative expected return of -0.11%. Please make sure to confirm Casio Computer's treynor ratio, accumulation distribution, as well as the relationship between the Accumulation Distribution and price action indicator , to decide if Casio Computer performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.66 |
Very good reverse predictability
Casio Computer Co has very good reverse predictability. Overlapping area represents the amount of predictability between Casio Computer time series from 5th of June 2024 to 3rd of September 2024 and 3rd of September 2024 to 2nd 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 Casio Computer price movement. The serial correlation of -0.66 indicates that around 66.0% of current Casio Computer price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.66 | |
| Spearman Rank Test | -0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 20.89 |
Casio Computer lagged returns against current returns
Autocorrelation, which is Casio Computer 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 Casio Computer's pink sheet expected returns. We can calculate the autocorrelation of Casio Computer returns to help us make a trade decision. For example, suppose you find that Casio Computer 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 |
Casio Computer 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 Casio Computer pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Casio Computer pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Casio Computer pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Casio Computer Lagged Returns
When evaluating Casio Computer's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Casio Computer pink sheet have on its future price. Casio Computer 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, Casio Computer autocorrelation shows the relationship between Casio Computer pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Casio Computer Co.
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 Casio Pink Sheet Analysis
When running Casio Computer's price analysis, check to measure Casio Computer'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 Casio Computer is operating at the current time. Most of Casio Computer's value examination focuses on studying past and present price action to predict the probability of Casio Computer's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Casio Computer's price. Additionally, you may evaluate how the addition of Casio Computer to your portfolios can decrease your overall portfolio volatility.