Mitsui Co Stock Market Value
| MITSF Stock | USD 21.25 1.25 6.25% |
| Symbol | Mitsui |
Mitsui Co '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 Mitsui Co'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 Mitsui Co.
| 10/04/2024 |
| 12/03/2024 |
If you would invest 0.00 in Mitsui Co on October 4, 2024 and sell it all today you would earn a total of 0.00 from holding Mitsui Co or generate 0.0% return on investment in Mitsui Co over 60 days. Mitsui Co is related to or competes with ITOCHU, Sumitomo Corp, Marubeni Corp, Mitsubishi Corp, Itochu Corp, and Marubeni. Mitsui Co., Ltd. operates as a general trading company worldwide More
Mitsui Co 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 Mitsui Co'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 Mitsui Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.29 | |||
| Information Ratio | 0.0039 | |||
| Maximum Drawdown | 19.93 | |||
| Value At Risk | (6.86) | |||
| Potential Upside | 5.5 |
Mitsui Co Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mitsui Co's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mitsui Co's standard deviation. In reality, there are many statistical measures that can use Mitsui Co historical prices to predict the future Mitsui Co's volatility.| Risk Adjusted Performance | 0.0366 | |||
| Jensen Alpha | 0.1579 | |||
| Total Risk Alpha | (0.42) | |||
| Sortino Ratio | 0.0033 | |||
| Treynor Ratio | (0.50) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Mitsui Co's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Mitsui Co Backtested Returns
At this point, Mitsui Co is not too volatile. Mitsui Co has Sharpe Ratio of 0.0463, which conveys that the firm had a 0.0463% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Mitsui Co, which you can use to evaluate the volatility of the firm. Please verify Mitsui Co's Risk Adjusted Performance of 0.0366, mean deviation of 2.56, and Downside Deviation of 4.29 to check out if the risk estimate we provide is consistent with the expected return of 0.17%. Mitsui Co has a performance score of 3 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.26, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Mitsui Co are expected to decrease at a much lower rate. During the bear market, Mitsui Co is likely to outperform the market. Mitsui Co right now secures a risk of 3.74%. Please verify Mitsui Co potential upside, as well as the relationship between the kurtosis and price action indicator , to decide if Mitsui Co will be following its current price movements.
Auto-correlation | 0.27 |
Poor predictability
Mitsui Co has poor predictability. Overlapping area represents the amount of predictability between Mitsui Co time series from 4th of October 2024 to 3rd of November 2024 and 3rd of November 2024 to 3rd 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 Mitsui Co price movement. The serial correlation of 0.27 indicates that nearly 27.0% of current Mitsui Co price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.27 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.3 |
Mitsui Co lagged returns against current returns
Autocorrelation, which is Mitsui Co 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 Mitsui Co's pink sheet expected returns. We can calculate the autocorrelation of Mitsui Co returns to help us make a trade decision. For example, suppose you find that Mitsui Co 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 |
Mitsui Co 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 Mitsui Co pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mitsui Co pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mitsui Co pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Mitsui Co Lagged Returns
When evaluating Mitsui Co's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mitsui Co pink sheet have on its future price. Mitsui Co 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, Mitsui Co autocorrelation shows the relationship between Mitsui Co pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Mitsui Co.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Mitsui Pink Sheet
Mitsui Co financial ratios help investors to determine whether Mitsui Pink Sheet 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 Mitsui with respect to the benefits of owning Mitsui Co security.