Iwatani (Germany) Market Value
| IWA Stock | EUR 10.66 0.17 1.57% |
| Symbol | Iwatani |
Iwatani '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 Iwatani'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 Iwatani.
| 11/16/2024 |
| 12/16/2024 |
If you would invest 0.00 in Iwatani on November 16, 2024 and sell it all today you would earn a total of 0.00 from holding Iwatani or generate 0.0% return on investment in Iwatani over 30 days. Iwatani is related to or competes with Singapore Telecommunicatio, United Internet, GameStop Corp, Charter Communications, Internet Thailand, Hemisphere Energy, and Consolidated Communications. Iwatani Corporation supplies gases and energy in Japan, China, Taiwan, South Korea, Singapore, Thailand, Malaysia, Indon... More
Iwatani 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 Iwatani'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 Iwatani upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 6.68 | |||
| Value At Risk | (2.66) | |||
| Potential Upside | 2.06 |
Iwatani Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Iwatani's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Iwatani's standard deviation. In reality, there are many statistical measures that can use Iwatani historical prices to predict the future Iwatani's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.38) | |||
| Treynor Ratio | (0.87) |
Iwatani Backtested Returns
Iwatani holds Efficiency (Sharpe) Ratio of -0.14, which attests that the entity had a -0.14% return per unit of risk over the last 3 months. Iwatani exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Iwatani's Standard Deviation of 1.47, risk adjusted performance of (0.09), and Market Risk Adjusted Performance of (0.86) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.23, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Iwatani's returns are expected to increase less than the market. However, during the bear market, the loss of holding Iwatani is expected to be smaller as well. At this point, Iwatani has a negative expected return of -0.2%. Please make sure to check out Iwatani's mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Iwatani performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.31 |
Below average predictability
Iwatani has below average predictability. Overlapping area represents the amount of predictability between Iwatani time series from 16th of November 2024 to 1st of December 2024 and 1st of December 2024 to 16th 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 Iwatani price movement. The serial correlation of 0.31 indicates that nearly 31.0% of current Iwatani price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.31 | |
| Spearman Rank Test | 0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Iwatani lagged returns against current returns
Autocorrelation, which is Iwatani 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 Iwatani's stock expected returns. We can calculate the autocorrelation of Iwatani returns to help us make a trade decision. For example, suppose you find that Iwatani 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 |
Iwatani 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 Iwatani stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Iwatani stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Iwatani stock over time.
Current vs Lagged Prices |
| Timeline |
Iwatani Lagged Returns
When evaluating Iwatani's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Iwatani stock have on its future price. Iwatani 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, Iwatani autocorrelation shows the relationship between Iwatani stock current value and its past values and can show if there is a momentum factor associated with investing in Iwatani.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Iwatani Stock
Iwatani financial ratios help investors to determine whether Iwatani Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Iwatani with respect to the benefits of owning Iwatani security.