Lixil Group Corp Stock Market Value
| JSGRY Stock | USD 21.50 0.35 1.60% |
| Symbol | Lixil |
Lixil Group '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 Lixil Group'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 Lixil Group.
| 10/22/2024 |
| 12/21/2024 |
If you would invest 0.00 in Lixil Group on October 22, 2024 and sell it all today you would earn a total of 0.00 from holding Lixil Group Corp or generate 0.0% return on investment in Lixil Group over 60 days. Lixil Group is related to or competes with Masco, Carrier Global, Daikin IndustriesLtd, Lennox International, Quanex Building, Trane Technologies, and Fortune Brands. LIXIL Corporation, through its subsidiaries, manufactures and sells building materials and housing equipment worldwide More
Lixil Group 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 Lixil Group'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 Lixil Group Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 7.53 | |||
| Value At Risk | (2.15) | |||
| Potential Upside | 1.94 |
Lixil Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lixil Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lixil Group's standard deviation. In reality, there are many statistical measures that can use Lixil Group historical prices to predict the future Lixil Group's volatility.| Risk Adjusted Performance | (0.10) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.22) | |||
| Treynor Ratio | (1.42) |
Lixil Group Corp Backtested Returns
Lixil Group Corp has Sharpe Ratio of -0.16, which conveys that the firm had a -0.16% return per unit of risk over the last 3 months. Lixil Group exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lixil Group's Risk Adjusted Performance of (0.10), standard deviation of 1.33, and Mean Deviation of 0.8929 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.13, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Lixil Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding Lixil Group is expected to be smaller as well. At this point, Lixil Group Corp has a negative expected return of -0.22%. Please make sure to verify Lixil Group's value at risk, rate of daily change, as well as the relationship between the Rate Of Daily Change and relative strength index , to decide if Lixil Group Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.27 |
Weak reverse predictability
Lixil Group Corp has weak reverse predictability. Overlapping area represents the amount of predictability between Lixil Group time series from 22nd of October 2024 to 21st of November 2024 and 21st of November 2024 to 21st 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 Lixil Group Corp price movement. The serial correlation of -0.27 indicates that nearly 27.0% of current Lixil Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.27 | |
| Spearman Rank Test | -0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 0.18 |
Lixil Group Corp lagged returns against current returns
Autocorrelation, which is Lixil Group 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 Lixil Group's pink sheet expected returns. We can calculate the autocorrelation of Lixil Group returns to help us make a trade decision. For example, suppose you find that Lixil Group 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 |
Lixil Group 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 Lixil Group pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lixil Group pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lixil Group pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Lixil Group Lagged Returns
When evaluating Lixil Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lixil Group pink sheet have on its future price. Lixil Group 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, Lixil Group autocorrelation shows the relationship between Lixil Group pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Lixil Group Corp.
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 Lixil Pink Sheet Analysis
When running Lixil Group's price analysis, check to measure Lixil Group'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 Lixil Group is operating at the current time. Most of Lixil Group's value examination focuses on studying past and present price action to predict the probability of Lixil Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lixil Group's price. Additionally, you may evaluate how the addition of Lixil Group to your portfolios can decrease your overall portfolio volatility.