Tokio Marine (Germany) Market Value
| MH6 Stock | EUR 34.43 0.73 2.17% |
| Symbol | Tokio |
Tokio Marine '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 Tokio Marine'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 Tokio Marine.
| 01/09/2023 |
| 12/29/2024 |
If you would invest 0.00 in Tokio Marine on January 9, 2023 and sell it all today you would earn a total of 0.00 from holding Tokio Marine Holdings or generate 0.0% return on investment in Tokio Marine over 720 days. Tokio Marine is related to or competes with W R, Loews Corp, Hanover Insurance, and ZhongAn Online. Tokio Marine Holdings, Inc. engages in non-life and life insurance, and financial and general businesses worldwide More
Tokio Marine 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 Tokio Marine'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 Tokio Marine Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.42 | |||
| Information Ratio | 0.0164 | |||
| Maximum Drawdown | 12.43 | |||
| Value At Risk | (3.74) | |||
| Potential Upside | 4.07 |
Tokio Marine Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tokio Marine's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tokio Marine's standard deviation. In reality, there are many statistical measures that can use Tokio Marine historical prices to predict the future Tokio Marine's volatility.| Risk Adjusted Performance | 0.0308 | |||
| Jensen Alpha | 0.0581 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | 0.0155 | |||
| Treynor Ratio | 0.8026 |
Tokio Marine Holdings Backtested Returns
At this point, Tokio Marine is very steady. Tokio Marine Holdings owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0534, which indicates the firm had a 0.0534% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Tokio Marine Holdings, which you can use to evaluate the volatility of the company. Please validate Tokio Marine's Semi Deviation of 2.33, coefficient of variation of 3278.81, and Risk Adjusted Performance of 0.0308 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%. Tokio Marine has a performance score of 4 on a scale of 0 to 100. The entity has a beta of 0.0744, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Tokio Marine's returns are expected to increase less than the market. However, during the bear market, the loss of holding Tokio Marine is expected to be smaller as well. Tokio Marine Holdings right now has a risk of 1.98%. Please validate Tokio Marine standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to decide if Tokio Marine will be following its existing price patterns.
Auto-correlation | 0.63 |
Good predictability
Tokio Marine Holdings has good predictability. Overlapping area represents the amount of predictability between Tokio Marine time series from 9th of January 2023 to 4th of January 2024 and 4th of January 2024 to 29th 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 Tokio Marine Holdings price movement. The serial correlation of 0.63 indicates that roughly 63.0% of current Tokio Marine price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.63 | |
| Spearman Rank Test | 0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 15.38 |
Tokio Marine Holdings lagged returns against current returns
Autocorrelation, which is Tokio Marine 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 Tokio Marine's stock expected returns. We can calculate the autocorrelation of Tokio Marine returns to help us make a trade decision. For example, suppose you find that Tokio Marine 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 |
Tokio Marine 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 Tokio Marine stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tokio Marine stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tokio Marine stock over time.
Current vs Lagged Prices |
| Timeline |
Tokio Marine Lagged Returns
When evaluating Tokio Marine's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tokio Marine stock have on its future price. Tokio Marine 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, Tokio Marine autocorrelation shows the relationship between Tokio Marine stock current value and its past values and can show if there is a momentum factor associated with investing in Tokio Marine Holdings.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Tokio Stock
Tokio Marine financial ratios help investors to determine whether Tokio 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 Tokio with respect to the benefits of owning Tokio Marine security.