Kikkoman Corp's market value is the price at which a share of Kikkoman Corp trades on a public exchange. It measures the collective expectations of Kikkoman Corp ADR investors about its performance. Kikkoman Corp is trading at 21.50 as of the 8th of January 2025; that is 2.27% down since the beginning of the trading day. The stock's open price was 22.0. With this module, you can estimate the performance of a buy and hold strategy of Kikkoman Corp ADR and determine expected loss or profit from investing in Kikkoman Corp over a given investment horizon. Check out Kikkoman Corp Correlation, Kikkoman Corp Volatility and Kikkoman Corp Alpha and Beta module to complement your research on Kikkoman Corp.
Please note, there is a significant difference between Kikkoman Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kikkoman Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kikkoman Corp'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.
Kikkoman 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 Kikkoman 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 Kikkoman Corp.
0.00
01/19/2023
No Change 0.00
0.0
In 1 year 11 months and 21 days
01/08/2025
0.00
If you would invest 0.00 in Kikkoman Corp on January 19, 2023 and sell it all today you would earn a total of 0.00 from holding Kikkoman Corp ADR or generate 0.0% return on investment in Kikkoman Corp over 720 days. Kikkoman Corp is related to or competes with Emmi AG, Kerry Group, Associated British, Nestle SA, General Mills, Nestle SA, and Kellanova. Kikkoman Corporation, through its subsidiaries, manufactures and sells food products in Japan, North America, and intern... More
Kikkoman 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 Kikkoman 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 Kikkoman Corp ADR 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 Kikkoman Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kikkoman Corp's standard deviation. In reality, there are many statistical measures that can use Kikkoman Corp historical prices to predict the future Kikkoman Corp's volatility.
Kikkoman Corp ADR has Sharpe Ratio of -0.089, which conveys that the firm had a -0.089% return per unit of risk over the last 3 months. Kikkoman Corp exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kikkoman Corp's Risk Adjusted Performance of (0.01), mean deviation of 0.7065, and Standard Deviation of 1.94 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.2, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Kikkoman Corp's returns are expected to increase less than the market. However, during the bear market, the loss of holding Kikkoman Corp is expected to be smaller as well. At this point, Kikkoman Corp ADR has a negative expected return of -0.17%. Please make sure to verify Kikkoman Corp's information ratio, skewness, as well as the relationship between the Skewness and price action indicator , to decide if Kikkoman Corp ADR performance from the past will be repeated at some point in the near future.
Auto-correlation
0.37
Below average predictability
Kikkoman Corp ADR has below average predictability. Overlapping area represents the amount of predictability between Kikkoman Corp time series from 19th of January 2023 to 14th of January 2024 and 14th of January 2024 to 8th 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 Kikkoman Corp ADR price movement. The serial correlation of 0.37 indicates that just about 37.0% of current Kikkoman Corp price fluctuation can be explain by its past prices.
Correlation Coefficient
0.37
Spearman Rank Test
-0.05
Residual Average
0.0
Price Variance
1.11
Kikkoman Corp ADR lagged returns against current returns
Autocorrelation, which is Kikkoman 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 Kikkoman Corp's pink sheet expected returns. We can calculate the autocorrelation of Kikkoman Corp returns to help us make a trade decision. For example, suppose you find that Kikkoman 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
Kikkoman 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 Kikkoman Corp pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kikkoman 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 Kikkoman Corp pink sheet over time.
Current vs Lagged Prices
Timeline
Kikkoman Corp Lagged Returns
When evaluating Kikkoman Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kikkoman Corp pink sheet have on its future price. Kikkoman 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, Kikkoman Corp autocorrelation shows the relationship between Kikkoman Corp pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Kikkoman Corp ADR.
Regressed Prices
Timeline
Also Currently Popular
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.
When running Kikkoman Corp's price analysis, check to measure Kikkoman 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 Kikkoman Corp is operating at the current time. Most of Kikkoman Corp's value examination focuses on studying past and present price action to predict the probability of Kikkoman 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 Kikkoman Corp's price. Additionally, you may evaluate how the addition of Kikkoman Corp to your portfolios can decrease your overall portfolio volatility.