Keisei Electric's market value is the price at which a share of Keisei Electric trades on a public exchange. It measures the collective expectations of Keisei Electric Railway investors about its performance. Keisei Electric is trading at 8.65 as of the 12th of January 2025. This is a 0.58 percent increase since the beginning of the trading day. The stock's lowest day price was 8.65. With this module, you can estimate the performance of a buy and hold strategy of Keisei Electric Railway and determine expected loss or profit from investing in Keisei Electric over a given investment horizon. Check out Keisei Electric Correlation, Keisei Electric Volatility and Keisei Electric Alpha and Beta module to complement your research on Keisei Electric.
Please note, there is a significant difference between Keisei Electric's value and its price as these two are different measures arrived at by different means. Investors typically determine if Keisei Electric is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Keisei Electric's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Keisei Electric '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 Keisei Electric'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 Keisei Electric.
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10/14/2024
No Change 0.00
0.0
In 3 months and 1 day
01/12/2025
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If you would invest 0.00 in Keisei Electric on October 14, 2024 and sell it all today you would earn a total of 0.00 from holding Keisei Electric Railway or generate 0.0% return on investment in Keisei Electric over 90 days. Keisei Electric is related to or competes with Canadian National, and East Japan. Keisei Electric Railway Co., Ltd. provides railway transportation services in Japan More
Keisei Electric 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 Keisei Electric'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 Keisei Electric Railway upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Keisei Electric's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Keisei Electric's standard deviation. In reality, there are many statistical measures that can use Keisei Electric historical prices to predict the future Keisei Electric's volatility.
At this point, Keisei Electric is somewhat reliable. Keisei Electric Railway has Sharpe Ratio of 0.0653, which conveys that the firm had a 0.0653% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Keisei Electric, which you can use to evaluate the volatility of the firm. Please verify Keisei Electric's Downside Deviation of 2.38, mean deviation of 1.84, and Risk Adjusted Performance of 0.0311 to check out if the risk estimate we provide is consistent with the expected return of 0.18%. Keisei Electric has a performance score of 5 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.0229, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Keisei Electric are expected to decrease at a much lower rate. During the bear market, Keisei Electric is likely to outperform the market. Keisei Electric Railway right now secures a risk of 2.72%. Please verify Keisei Electric Railway coefficient of variation, jensen alpha, sortino ratio, as well as the relationship between the information ratio and total risk alpha , to decide if Keisei Electric Railway will be following its current price movements.
Auto-correlation
-0.31
Poor reverse predictability
Keisei Electric Railway has poor reverse predictability. Overlapping area represents the amount of predictability between Keisei Electric time series from 14th of October 2024 to 28th of November 2024 and 28th of November 2024 to 12th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Keisei Electric Railway price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current Keisei Electric price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.31
Spearman Rank Test
-0.48
Residual Average
0.0
Price Variance
0.13
Keisei Electric Railway lagged returns against current returns
Autocorrelation, which is Keisei Electric 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 Keisei Electric's stock expected returns. We can calculate the autocorrelation of Keisei Electric returns to help us make a trade decision. For example, suppose you find that Keisei Electric 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
Keisei Electric 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 Keisei Electric stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Keisei Electric stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Keisei Electric stock over time.
Current vs Lagged Prices
Timeline
Keisei Electric Lagged Returns
When evaluating Keisei Electric's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Keisei Electric stock have on its future price. Keisei Electric 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, Keisei Electric autocorrelation shows the relationship between Keisei Electric stock current value and its past values and can show if there is a momentum factor associated with investing in Keisei Electric Railway.
Keisei Electric financial ratios help investors to determine whether Keisei 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 Keisei with respect to the benefits of owning Keisei Electric security.