Kajima Corp Adr Stock Market Value
| KAJMY Stock | USD 17.99 0.99 5.22% |
| Symbol | Kajima |
Kajima Corp '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 Kajima Corp'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 Kajima Corp.
| 07/18/2023 |
| 12/09/2024 |
If you would invest 0.00 in Kajima Corp on July 18, 2023 and sell it all today you would earn a total of 0.00 from holding Kajima Corp ADR or generate 0.0% return on investment in Kajima Corp over 510 days. Kajima Corp is related to or competes with ACS Actividades, IES Holdings, Acciona SA, JGC Corp, and ACS Actividades. Kajima Corporation engages in civil engineering, building construction, and real estate development and other businesses... More
Kajima Corp 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 Kajima Corp'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 Kajima Corp ADR upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 17.39 | |||
| Value At Risk | (5.22) | |||
| Potential Upside | 8.06 |
Kajima Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kajima Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kajima Corp's standard deviation. In reality, there are many statistical measures that can use Kajima Corp historical prices to predict the future Kajima Corp's volatility.| Risk Adjusted Performance | 0.0029 | |||
| Jensen Alpha | 0.0308 | |||
| Total Risk Alpha | (0.55) | |||
| Treynor Ratio | 0.0628 |
Kajima Corp ADR Backtested Returns
Kajima Corp ADR has Sharpe Ratio of -0.0063, which conveys that the firm had a -0.0063% return per unit of risk over the last 3 months. Kajima Corp exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kajima Corp's Risk Adjusted Performance of 0.0029, mean deviation of 1.23, and Standard Deviation of 2.98 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.45, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Kajima Corp are expected to decrease at a much lower rate. During the bear market, Kajima Corp is likely to outperform the market. At this point, Kajima Corp ADR has a negative expected return of -0.0191%. Please make sure to verify Kajima Corp's standard deviation, potential upside, as well as the relationship between the Potential Upside and day typical price , to decide if Kajima Corp ADR performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.3 |
Weak reverse predictability
Kajima Corp ADR has weak reverse predictability. Overlapping area represents the amount of predictability between Kajima Corp time series from 18th of July 2023 to 29th of March 2024 and 29th of March 2024 to 9th 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 Kajima Corp ADR price movement. The serial correlation of -0.3 indicates that nearly 30.0% of current Kajima Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.3 | |
| Spearman Rank Test | -0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 1.2 |
Kajima Corp ADR lagged returns against current returns
Autocorrelation, which is Kajima Corp 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 Kajima Corp's pink sheet expected returns. We can calculate the autocorrelation of Kajima Corp returns to help us make a trade decision. For example, suppose you find that Kajima Corp 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 |
Kajima Corp 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 Kajima Corp pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kajima Corp pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kajima Corp pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Kajima Corp Lagged Returns
When evaluating Kajima Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kajima Corp pink sheet have on its future price. Kajima Corp 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, Kajima Corp autocorrelation shows the relationship between Kajima Corp pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Kajima Corp 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 Kajima Pink Sheet Analysis
When running Kajima Corp's price analysis, check to measure Kajima Corp'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 Kajima Corp is operating at the current time. Most of Kajima Corp's value examination focuses on studying past and present price action to predict the probability of Kajima Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kajima Corp's price. Additionally, you may evaluate how the addition of Kajima Corp to your portfolios can decrease your overall portfolio volatility.